A World Without Work: Technology Automation and How We Should Respond Read & download ↠ PDF eBook or Kindle ePUB

Read & download Ì PDF, eBook or Kindle ePUB ↠ Daniel Susskind

Nd many economists maintain that World Without Work Epub #224 they remain so today Yet in A World Without Work Daniel Susskind shows why this time really is different Advances in artificial intelligence mean that all kinds of tasks from diagnosing illnesses to drafting contracts World Without Work Technology Automation Epubare increasingly within the reach of computers The threat of technological unemployment is real So how can we all thrive in a world with World Without Work Technology Automation Epubless work Susskind reminds us that technological progress could bring about unprecedented prosperity solving one of mankind's oldest problems how to ensure everyone has enough to live on The chal. While some of the thinking may not be radically new overall this is a thought provoking and stimulating readIt is well written and packed with some truly astounding facts and illustrations like the combined value of largely unpaid housework in the UK cooking child care laundry cleaning and household chores being almost four times that of the manufacturing sectorMy only surprise is that being read on a Kindle I thought I was about two thirds of the way through when I got to the conclusion so long and detailed is the reference section at the endMuch food for thought in this book and it is well served up and easily digestibleA good read

Read A World Without Work: Technology, Automation and How We Should Respond

A World Without Work Technology Automation and How We Should RespondLenge will be to distribute this prosperity fairly constrain the power of Big Tech and provide meaning in a world where work is no longer the centre of our lives In this visionary pragmatic and ultimately hopeful book Susskind shows us the way'Fascinating and tightly argued' Sunday Telegraph'This is the book to read on the future of work in the age of artificial intelligence It is thoughtful and state of the art on the economics of the issue but its real strength is the way it goes beyond just the economics' Lawrence Summers former Chief Economist of the World Bank'A fascinating book about a vitally important topic Elegant original and compelling' Tim Harford author of The Undercover Economist. Excellent book easy to read even within the complexity of the discussion It presents a view about our changing world and how economics needs to update to catch up with the technological progressThe emergence of a world where AI creates wealth but also ineuality and not enough work for humans FascinatingA book that we all must read

Daniel Susskind ↠ 6 Characters

A World Without Work: Technology, Automation and How We Should Respond Read & download ↠ PDF, eBook or Kindle ePUB ä ❮BOOKS❯ ✻ A World Without Work: Technology, Automation and How We Should Respond ✴ Author Daniel Susskind – DanpashSHORTLISTED FOR THE FT Without Work PDFEPUB #233McKINSEY BUSINESS BOOK OF THE YEAR AWARDS The Sunday Times Best Business Books of the Year The Times of London Best Business Books of the Year The Financial Times Best Books of the Year Fortune Magazine Best Business Book of the Year FiveBookscom Best Non Fiction of Inccom Best New Business Books A World Kindle of 'A path breaking thought provoking and in depth study of how new technology will transform the world of work' Gordon Brown 'Compelling Should be reuired reading for any presidential candidate' New York TimesNew technologies have always provoked panic about workers being replaced by machines In the past such fears have been misplaced a. Daniel Susskind raises the right uestion and sets the right agenda and direction of travel Technology acting through automation does increase productivity and reduce working hours per unit of output This will inevitably either vastly increase output or vastly reduce employment and aggregate wage It needs an urgent solution such as a basic incomeSusskind follows David Autor in distinguishing labour substituting and labour complementing aspects of automation In fact it’s the same phenomenon of increased productivity only differentiated as to whether in early periods increased output is derived from the same labour or in developed economies decreased labour produces the same output either due to satiation or to ecological constraintsHis analysis of automation technology reuires a complete typology than his ‘puristpragmatic’ divide A useful hierarchy might be• Mimicry of human techniues• Simple full enumeration techniues but by powerful machine processors• Deterministic algorithms such as Kantorovich’s linear programming solution• One pass heuristic algorithms such as Clarke and Wright’s vehicle scheduling algorithm• Iterative adaptive heuristic algorithms the basis of current AIThese are not ‘pragmatic’ techniues but the implementation of some form of logic Susskind doesn’t refer to the extensive literature on philosophy of technology which might suggest that deductive logic is objective All approaches therefore explore this same objective logic and cannot be distinguished as ‘pure’ or ‘pragmatic’ The same literature is nuanced on the interaction of human agency and technology objectivity than Susskind is in airily declaring himself to be ‘not a technological determinist’ p9 Our choices may very well be very tightly constrained if not totally determinedSusskind’s wide ranging claims need deeper challenge His claim that technology has created bank employment misses the fact that 3303 bank branches closed in the UK from 2015 to 2019 p27 He makes the contradictory complaints that US big business fails to pay tax in Europe and then that it does pay tax in Europe p178 9But he’s right that education to high skilled work is not a solution and that it’s not the number of jobs but personal incomes and aggregate macroeconomic wage which is the worry The trail he doesn’t follow is that both lead to debt and debt leads to crisis and austerityHis discussion of basic income UBI is unfortunately shallow He worries about a UBI work disincentive when it is clear that current welfare systems with their huge benefit withdrawal rates are major work disincentives compared to UBI He underrates the gain in dignity the increase in take up and the reduction in administrative cost of UBI’s elimination of means testing And he proposes no alternative method to deliver income to citizens and aggregate demand to the economy as automation reduces bothMembership of a UBI scheme would certainly need to be defined but Susskind’s conditional ‘CBI’ based on ‘contribution’ is philosophically incorrect and practically unacceptable The whole point is that technology can at least partially make goods and services available providentially like air or rainfall No labour contribution is therefore reuired to produce them and none should be reuired to freely consume them The practical implementation of his conditionality of contribution is horrendous reuiring an Orwellian ‘Political Power Oversight Authorityto watch over individuals as citizens in a society’ p212214UBI should be exactly as defined universal and unconditional It can be financed by sovereign money and would avoid the economic crisis and austerity created by technology led reduction in earned incomes which have then been supplemented by household and government debt