The Technology Trap : : Capital, Labor, and Power in the Age of Automation / / Carl Benedikt Frey.
How the history of technological revolutions can help us better understand economic and political polarization in the age of automation From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2019] ©2019 |
Year of Publication: | 2019 |
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Frey, Carl Benedikt, author. aut http://id.loc.gov/vocabulary/relators/aut The Technology Trap : Capital, Labor, and Power in the Age of Automation / Carl Benedikt Frey. Princeton, NJ : Princeton University Press, [2019] ©2019 1 online resource (480 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Preface -- Introduction -- Part I. The Great Stagnation -- Part II. The Great Divergence -- Part III. The Great Leveling -- Part IV. The Great Reversal -- Part V. The Future -- Acknowledgments -- Appendix -- Notes -- Bibliography -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star How the history of technological revolutions can help us better understand economic and political polarization in the age of automation From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As Carl Benedikt Frey shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population. Middle-income jobs withered, wages stagnated, the labor share of income fell, profits surged, and economic inequality skyrocketed. These trends, Frey documents, broadly mirror those in our current age of automation, which began with the Computer Revolution.Just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. But Frey argues that this depends on how the short term is managed. In the nineteenth century, workers violently expressed their concerns over machines taking their jobs. The Luddite uprisings joined a long wave of machinery riots that swept across Europe and China. Today's despairing middle class has not resorted to physical force, but their frustration has led to rising populism and the increasing fragmentation of society. As middle-class jobs continue to come under pressure, there's no assurance that positive attitudes to technology will persist.The Industrial Revolution was a defining moment in history, but few grasped its enormous consequences at the time. The Technology Trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) Technological innovations Economic aspects. Technology Social aspects History 21st century. Technology Social aspects Great Britain History 19th century. BUSINESS & ECONOMICS / Labor. bisacsh Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 English 9783110610765 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 9783110664232 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2019 9783110606065 ZDB-23-DBV Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics, Law & Social Sciences 2019 ENG 9783110610130 Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2019 9783110663365 print 9780691172798 https://doi.org/10.1515/9780691191959?locatt=mode:legacy https://www.degruyter.com/isbn/9780691191959 Cover https://www.degruyter.com/cover/covers/9780691191959.jpg |
language |
English |
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author |
Frey, Carl Benedikt, Frey, Carl Benedikt, |
spellingShingle |
Frey, Carl Benedikt, Frey, Carl Benedikt, The Technology Trap : Capital, Labor, and Power in the Age of Automation / Frontmatter -- Contents -- Preface -- Introduction -- Part I. The Great Stagnation -- Part II. The Great Divergence -- Part III. The Great Leveling -- Part IV. The Great Reversal -- Part V. The Future -- Acknowledgments -- Appendix -- Notes -- Bibliography -- Index |
author_facet |
Frey, Carl Benedikt, Frey, Carl Benedikt, |
author_variant |
c b f cb cbf c b f cb cbf |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Frey, Carl Benedikt, |
title |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / |
title_sub |
Capital, Labor, and Power in the Age of Automation / |
title_full |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / Carl Benedikt Frey. |
title_fullStr |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / Carl Benedikt Frey. |
title_full_unstemmed |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / Carl Benedikt Frey. |
title_auth |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / |
title_alt |
Frontmatter -- Contents -- Preface -- Introduction -- Part I. The Great Stagnation -- Part II. The Great Divergence -- Part III. The Great Leveling -- Part IV. The Great Reversal -- Part V. The Future -- Acknowledgments -- Appendix -- Notes -- Bibliography -- Index |
title_new |
The Technology Trap : |
title_sort |
the technology trap : capital, labor, and power in the age of automation / |
publisher |
Princeton University Press, |
publishDate |
2019 |
physical |
1 online resource (480 p.) Issued also in print. |
contents |
Frontmatter -- Contents -- Preface -- Introduction -- Part I. The Great Stagnation -- Part II. The Great Divergence -- Part III. The Great Leveling -- Part IV. The Great Reversal -- Part V. The Future -- Acknowledgments -- Appendix -- Notes -- Bibliography -- Index |
isbn |
9780691191959 9783110610765 9783110664232 9783110606065 9783110610130 9783110663365 9780691172798 |
geographic_facet |
Great Britain |
era_facet |
21st century. 19th century. |
url |
https://doi.org/10.1515/9780691191959?locatt=mode:legacy https://www.degruyter.com/isbn/9780691191959 https://www.degruyter.com/cover/covers/9780691191959.jpg |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
330 - Economics |
dewey-full |
330 |
dewey-sort |
3330 |
dewey-raw |
330 |
dewey-search |
330 |
doi_str_mv |
10.1515/9780691191959?locatt=mode:legacy |
oclc_num |
1096436227 |
work_keys_str_mv |
AT freycarlbenedikt thetechnologytrapcapitallaborandpowerintheageofautomation AT freycarlbenedikt technologytrapcapitallaborandpowerintheageofautomation |
status_str |
n |
ids_txt_mv |
(DE-B1597)527611 (OCoLC)1096436227 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2019 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics, Law & Social Sciences 2019 ENG Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2019 |
is_hierarchy_title |
The Technology Trap : Capital, Labor, and Power in the Age of Automation / |
container_title |
Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 English |
_version_ |
1770176301213155328 |
fullrecord |
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