The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies

Author: Erik Brynjolfsson,Andrew McAfee

Publisher: W. W. Norton & Company

ISBN: 0393241254

Category: Business & Economics

Page: 304

View: 2044

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A New York Times Bestseller. A “fascinating” (Thomas L. Friedman, New York Times) look at how digital technology is transforming our work and our lives. In recent years, Google’s autonomous cars have logged thousands of miles on American highways and IBM’s Watson trounced the best human Jeopardy! players. Digital technologies—with hardware, software, and networks at their core—will in the near future diagnose diseases more accurately than doctors can, apply enormous data sets to transform retailing, and accomplish many tasks once considered uniquely human. In The Second Machine Age MIT’s Erik Brynjolfsson and Andrew McAfee—two thinkers at the forefront of their field—reveal the forces driving the reinvention of our lives and our economy. As the full impact of digital technologies is felt, we will realize immense bounty in the form of dazzling personal technology, advanced infrastructure, and near-boundless access to the cultural items that enrich our lives. Amid this bounty will also be wrenching change. Professions of all kinds—from lawyers to truck drivers—will be forever upended. Companies will be forced to transform or die. Recent economic indicators reflect this shift: fewer people are working, and wages are falling even as productivity and profits soar. Drawing on years of research and up-to-the-minute trends, Brynjolfsson and McAfee identify the best strategies for survival and offer a new path to prosperity. These include revamping education so that it prepares people for the next economy instead of the last one, designing new collaborations that pair brute processing power with human ingenuity, and embracing policies that make sense in a radically transformed landscape. A fundamentally optimistic book, The Second Machine Age alters how we think about issues of technological, societal, and economic progress.

The Second Machine Age

Work, Progress, and Prosperity in a Time of Brilliant Technologies

Author: Erik Brynjolfsson,Andrew McAfee

Publisher: W W Norton & Company Incorporated

ISBN: 9780393350647

Category: Business & Economics

Page: 306

View: 7588

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A pair of technology experts describe how humans will have to keep pace with machines in order to become prosperous in the future and identify strategies and policies for business and individuals to use to combine digital processing power with human ingenuity.

Machine, Platform, Crowd: Harnessing Our Digital Future

Author: Andrew McAfee,Erik Brynjolfsson

Publisher: W. W. Norton & Company

ISBN: 0393254305

Category: Business & Economics

Page: 288

View: 1518

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From the authors of the best-selling The Second Machine Age, a leader’s guide to success in a rapidly changing economy. We live in strange times. A machine plays the strategy game Go better than any human; upstarts like Apple and Google destroy industry stalwarts such as Nokia; ideas from the crowd are repeatedly more innovative than corporate research labs. MIT’s Andrew McAfee and Erik Brynjolfsson know what it takes to master this digital-powered shift: we must rethink the integration of minds and machines, of products and platforms, and of the core and the crowd. In all three cases, the balance now favors the second element of the pair, with massive implications for how we run our companies and live our lives. In the tradition of agenda-setting classics like Clay Christensen’s The Innovator’s Dilemma, McAfee and Brynjolfsson deliver both a penetrating analysis of a new world and a toolkit for thriving in it. For startups and established businesses, or for anyone interested in what the future holds, Machine, Platform, Crowd is essential reading.

Race Against the Machine

How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy

Author: Erik Brynjolfsson,Andrew McAfee

Publisher: Brynjolfsson and McAfee

ISBN: 0984725113

Category: Business & Economics

Page: 92

View: 2328

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Examines how information technologies are affecting jobs, skills, wages, and the economy.

Average Is Over

Powering America Beyond the Age of the Great Stagnation

Author: Tyler Cowen

Publisher: Penguin

ISBN: 0698138163

Category: Business & Economics

Page: 304

View: 8526

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The groundbreaking follow-up to the New York Times bestseller The Great Stagnation The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Renowned economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle—average—is over. In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.

The Rise of the Robots

Technology and the Threat of Mass Unemployment

Author: Martin Ford

Publisher: Oneworld Publications

ISBN: 1780747500

Category: Business & Economics

Page: 320

View: 6721

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Intelligent algorithms are already well on their way to making white collar jobs obsolete: travel agents, data-analysts, and paralegals are currently in the firing line. In the near future, doctors, taxi-drivers and ironically even computer programmers are poised to be replaced by 'robots'. Without a radical reassessment of our economic and political structures, we risk the very implosion of the capitalist economy itself. In Rise of the Robots, technology expert Martin Ford systematically outlines the achievements of artificial intelligence and uses a wealth of economic data to illustrate the terrifying societal implications. From health and education to finance and technology, his warning is start - all jobs that are on some level routine are like to eventually be automated, resulting in the death of traditional careers and a hollowed-out middle class. The robots are coming and we have to decide – now – whether the future will bring prosperity or catastrophe.

The Lights in the Tunnel

Automation, Accelerating Technology and the Economy of the Future

Author: Martin Ford

Publisher: Acculant Publishing

ISBN: 1448659817

Category: Business & Economics

Page: 253

View: 5914

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A computer engineer from Silicon Valley employs a powerful thought experiment to explore the economy of the future. An imaginary "tunnel of lights" is used to visualize the economic implications of the new technologies that are likely to appear in the coming years and decades. Challenged are nearly all conventional views of the future and the danger that lies ahead if we do not plan for the impact of rapidly advancing technology is illuminated. It also offers unique insights into how technology will intertwine with globalization to shape the remainder of the 21st century, and explores ways in which the economic realities of the future might offer new approaches to addressing global challenges such as poverty and climate change.

The Race for Work

Escape Automation, Transform Your Career and Thrive in the Second Machine Age

Author: Bhoopathi Rapolu

Publisher: Bhoopathi Rapolu

ISBN: N.A

Category: Business & Economics

Page: N.A

View: 6107

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Discover the secrets for thriving in a world being swept by automation! The rapid growth of technology and automation has changed the way we seek our work and find fulfillment—money, meaning and freedom. Those who don’t adapt are being trapped in the downward spiral of career stagnation, working harder and earning less, or losing their jobs altogether. People who understood how to win out over intelligent machines have found their dream jobs and career fulfillment. In this book you’ll learn: Why your job is more at risk than you think. Why being productive at your workplace does not help you succeed, and what you can do about it. Why today’s capitalistic industry structure is going to get rid of most of the traditional jobs. How to win the race against the intelligent machines that are taking our jobs. How the Big 3 Technologies are opening up millions of dream jobs. Why you are not an outsider to this party and how you can find your dream job irrespective of your current skills and experience. The proven step-by-step method through which you can find your career fulfillment. Who should read this book? Technology professionals in their 20s & 30s: Are you wondering why you are not able to grow your career as much as you thought you could? Professionals in business support functions (HR, Sales & Marketing, Procurement, Finance etc.): Do you feel like you are stuck in a company that is not growing enough and you don’t know how to get into a fast-growing company? Students: Are you considering getting another degree, as opposed to finding your dream job? Entrepreneurs: are you wondering if you made the right choice in developing your business idea? The tide has turned and emerging technologies are changing the face of business on a global scale. Will you ride the wave of change or be buried under it? Scroll up and get your copy now. Your success in life depends on it. An Author's Republic audio production.

Leading Digital

Turning Technology into Business Transformation

Author: George Westerman,Didier Bonnet

Publisher: Harvard Business Review Press

ISBN: 1625272480

Category: Business & Economics

Page: 256

View: 3737

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Become a Digital Master—No Matter What Business You’re In If you think the phrase “going digital” is only relevant for industries like tech, media, and entertainment—think again. In fact, mobile, analytics, social media, sensors, and cloud computing have already fundamentally changed the entire business landscape as we know it—including your industry. The problem is that most accounts of digital in business focus on Silicon Valley stars and tech start-ups. But what about the other 90-plus percent of the economy? In Leading Digital, authors George Westerman, Didier Bonnet, and Andrew McAfee highlight how large companies in traditional industries—from finance to manufacturing to pharmaceuticals—are using digital to gain strategic advantage. They illuminate the principles and practices that lead to successful digital transformation. Based on a study of more than four hundred global firms, including Asian Paints, Burberry, Caesars Entertainment, Codelco, Lloyds Banking Group, Nike, and Pernod Ricard, the book shows what it takes to become a Digital Master. It explains successful transformation in a clear, two-part framework: where to invest in digital capabilities, and how to lead the transformation. Within these parts, you’ll learn: • How to engage better with your customers • How to digitally enhance operations • How to create a digital vision • How to govern your digital activities The book also includes an extensive step-by-step transformation playbook for leaders to follow. Leading Digital is the must-have guide to help your organization survive and thrive in the new, digitally powered, global economy.

Humans Need Not Apply

A Guide to Wealth and Work in the Age of Artificial Intelligence

Author: Jerry Kaplan

Publisher: Yale University Press

ISBN: 0300216416

Category: Computers

Page: 256

View: 319

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After billions of dollars and fifty years of effort, researchers are finally cracking the code on artificial intelligence. As society stands on the cusp of unprecedented change, Jerry Kaplan unpacks the latest advances in robotics, machine learning, and perception powering systems that rival or exceed human capabilities. Driverless cars, robotic helpers, and intelligent agents that promote our interests have the potential to usher in a new age of affluence and leisure — but as Kaplan warns, the transition may be protracted and brutal unless we address the two great scourges of the modern developed world: volatile labor markets and income inequality. He proposes innovative, free-market adjustments to our economic system and social policies to avoid an extended period of social turmoil. His timely and accessible analysis of the promise and perils of artificial intelligence is a must-read for business leaders and policy makers on both sides of the aisle.

Wired for Innovation

How Information Technology Is Reshaping the Economy

Author: Erik Brynjolfsson,Adam Saunders

Publisher: MIT Press

ISBN: 0262258072

Category: Business & Economics

Page: 176

View: 5369

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Two experts on the information economy explore the true economic value of technology and innovation. A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education. Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.

Rise of the Robots

Technology and the Threat of a Jobless Future

Author: Martin Ford

Publisher: Basic Books

ISBN: 0465040675

Category: Business & Economics

Page: 352

View: 8145

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Winner of the 2015 FT & McKinsey Business Book of the Year Award A New York Times Bestseller Top Business Book of 2015 at Forbes One of NBCNews.com 12 Notable Science and Technology Books of 2015 What are the jobs of the future? How many will there be? And who will have them? As technology continues to accelerate and machines begin taking care of themselves, fewer people will be necessary. Artificial intelligence is already well on its way to making "good jobs" obsolete: many paralegals, journalists, office workers, and even computer programmers are poised to be replaced by robots and smart software. As progress continues, blue and white collar jobs alike will evaporate, squeezing working- and middle-class families ever further. At the same time, households are under assault from exploding costs, especially from the two major industries-education and health care-that, so far, have not been transformed by information technology. The result could well be massive unemployment and inequality as well as the implosion of the consumer economy itself. The past solutions to technological disruption, especially more training and education, aren't going to work. We must decide, now, whether the future will see broad-based prosperity or catastrophic levels of inequality and economic insecurity. Rise of the Robots is essential reading to understand what accelerating technology means for our economic prospects-not to mention those of our children-as well as for society as a whole.

What Technology Wants

Author: Kevin Kelly

Publisher: Penguin

ISBN: 0143120174

Category: Technology & Engineering

Page: 406

View: 863

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Profiles technology as an evolving international system with predictable trends, counseling readers on how to prepare themselves and future generations by anticipating and steering their choices toward developing needs.

The Immigrant Exodus

Why America Is Losing the Global Race to Capture Entrepreneurial Talent

Author: Vivek Wadhwa

Publisher: Wharton Digital Press

ISBN: 1613630204

Category: Business & Economics

Page: 106

View: 1888

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A 2012 ECONOMIST BOOK OF THE YEAR Many of the United States' most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and helping establish the United States as the most entrepreneurial, technologically advanced society on earth. Now, Vivek Wadhwa, an immigrant tech entrepreneur turned academic with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Foundation research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration policies are leaving some of the most educated and talented entrepreneurial immigrants with no choice but to take their innovation elsewhere. The consequences to our economy are dire; our multi-trillion dollar loss will be the gain of our global competitors. With his signature fearlessness and clarity, Wadhwa offers a concise framework for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery.

The Start-up of You

Adapt to the Future, Invest in Yourself, and Transform Your Career

Author: Reid Hoffman,Ben Casnocha

Publisher: Currency

ISBN: 0307888924

Category: Business & Economics

Page: 304

View: 698

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A blueprint for thriving in your job and building a career by applying the lessons of Silicon Valley’s most innovative entrepreneurs. LinkedIn cofounder and chairman Reid Hoffman and author Ben Casnocha show how to accelerate your career in today’s competitive world. The key is to manage your career as if it were a start-up business: a living, breathing, growing start-up of you. Why? Start-ups--and the entrepreneurs who run them--are nimble. They invest in themselves. They build their professional networks. They take intelligent risks. They make uncertainty and volatility work to their advantage. These are the very same skills professionals need to get ahead today. This book isn’t about cover letters or resumes. Instead, you will learn the best practices of Silicon Valley start-ups, and how to apply these entrepreneurial strategies to your career. Whether you work for a giant multinational corporation, a small local business, or launching your own venture, you need to know how to: * Adapt your career plans as you change, the people around you change, and industries change. * Develop a competitive advantage to win the best jobs and opportunities. * Strengthen your professional network by building powerful alliances and maintaining a diverse mix of relationships. * Find the unique breakout opportunities that massively accelerate career growth. * Take proactive risks to become more resilient to industry tsunamis. * Tap your network for information and intelligence that help you make smarter decisions. A revolutionary new guide to thriving in today's fractured world of work, the strategies in this book will help you survive and thrive and achieve your boldest professional ambitions. The Start-Up of You empowers you to become the CEO of your career and take control of your future.

The Inevitable

Understanding the 12 Technological Forces That Will Shape Our Future

Author: Kevin Kelly

Publisher: Penguin

ISBN: 0143110373

Category: Business & Economics

Page: 336

View: 6671

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It's 2046. You don't own a car, or much of anything else, instead subscribing to items as you need them. Virtual reality is as commonplace as cell phones. You talk to your devices with hand gestures. Practically all surfaces have become a screen, and each screen watches you back. Robots and AI took over your old job but also created a new one for you, work you could not have imagined back in 2016. In The Inevitable, Kevin Kelly, the visionary thinker who foresaw the scope of the internet revolution, provides a plausible, optimistic road map for the next 30 years. He shows how the coming changes can be understood as the result of a few long-term forces that are already in motion. Kelly both describes these 12 deep trends-including cognifying our surroundings, valuing access over ownership, tracking everything-and demonstrates how they are codependent on one another. These larger forces will completely revolutionize the way we work, play, learn, buy, and communicate with each other. Ultimately, predicts Kelly, all humans and machines will be linked up into a global matrix, a convergence that will be seen as the largest, most complex, and most surprising event ever up to this time. The Inevitablewill be indispensable to anyone who seeks guidance on where to position themselves as this new world emerge.

The New Division of Labor

How Computers Are Creating the Next Job Market

Author: Frank Levy,Richard J. Murnane

Publisher: Princeton University Press

ISBN: 1400845920

Category: Business & Economics

Page: 192

View: 9194

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As the current recession ends, many workers will not be returning to the jobs they once held--those jobs are gone. In The New Division of Labor, Frank Levy and Richard Murnane show how computers are changing the employment landscape and how the right kinds of education can ease the transition to the new job market. The book tells stories of people at work--a high-end financial advisor, a customer service representative, a pair of successful chefs, a cardiologist, an automotive mechanic, the author Victor Hugo, floor traders in a London financial exchange. The authors merge these stories with insights from cognitive science, computer science, and economics to show how computers are enhancing productivity in many jobs even as they eliminate other jobs--both directly and by sending work offshore. At greatest risk are jobs that can be expressed in programmable rules--blue collar, clerical, and similar work that requires moderate skills and used to pay middle-class wages. The loss of these jobs leaves a growing division between those who can and cannot earn a good living in the computerized economy. Left unchecked, the division threatens the nation's democratic institutions. The nation's challenge is to recognize this division and to prepare the population for the high-wage/high-skilled jobs that are rapidly growing in number--jobs involving extensive problem solving and interpersonal communication. Using detailed examples--a second grade classroom, an IBM managerial training program, Cisco Networking Academies--the authors describe how these skills can be taught and how our adjustment to the computerized workplace can begin in earnest.

Integral Polity

Integrating Nature, Culture, Society and Economy

Author: Ronnie Lessem,Ibrahim Abouleish,Louis Herman

Publisher: Routledge

ISBN: 1317115449

Category: Business & Economics

Page: 376

View: 1117

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Releasing the genius of an individual, an enterprise and a society is a central pre-occupation of the contemporary business environment. A fascinating approach to how we can begin to tackle this challenge is presented by the authors of Integral Polity. Integral spirituality, integral philosophy and the integral age, at an overall or holistic level of consciousness, has therefore become a strong enough idea to form the genesis of a movement over the course of the last half century. Taking as a starting point the ground-breaking work of the Trans4m Centre for Integral Development this book applies such an ’integral’ notion to the realms of business, economics and enterprise. To be successful, an integral approach must recognise the nuances of its environment - an integral approach in India is different from that in Indonesia, or Iceland, and they may in fact complement rather than conflict. Therefore this book also provides a fascinating alignment of such ’integrality’ with, and between different ’southern’ and ’eastern’, ’northern’ and ’western’ worlds. Using case studies ranging across the globe this review of a newly integral theory and practice provides a new lease of life to what may increasingly be perceived as the self-seeking, insulated and occasionally violent and corrupt, realm of the political.

Why Greatness Cannot Be Planned

The Myth of the Objective

Author: Kenneth O Stanley,Joel Lehman

Publisher: Springer

ISBN: 3319155245

Category: Computers

Page: 141

View: 8079

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Why does modern life revolve around objectives? From how science is funded, to improving how children are educated -- and nearly everything in-between -- our society has become obsessed with a seductive illusion: that greatness results from doggedly measuring improvement in the relentless pursuit of an ambitious goal. In Why Greatness Cannot Be Planned, Stanley and Lehman begin with a surprising scientific discovery in artificial intelligence that leads ultimately to the conclusion that the objective obsession has gone too far. They make the case that great achievement can't be bottled up into mechanical metrics; that innovation is not driven by narrowly focused heroic effort; and that we would be wiser (and the outcomes better) if instead we whole-heartedly embraced serendipitous discovery and playful creativity. Controversial at its heart, yet refreshingly provocative, this book challenges readers to consider life without a destination and discovery without a compass.

The Industries of the Future

Author: Alec Ross

Publisher: Simon and Schuster

ISBN: 1476753652

Category: Business & Economics

Page: 304

View: 6683

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Leading innovation expert Alec Ross explains what's next for the world, mapping out the advances and stumbling blocks that will emerge in the next ten years—for businesses, governments, and the global community—and how we can navigate them. While Alec Ross was working as Hillary Clinton's Senior Advisor on Innovation, he traveled to forty-one countries. He visited some of the toughest places in the world—from refugee camps of Congo to Syrian war zones. From phone-charger stands in Rwanda to R&D labs in South Korea, Ross has seen what the future holds. Over the past two decades, the Internet has radically changed markets and businesses worldwide. InThe Industries of the Future, Ross shows us what's next, highlighting the best opportunities for progress and explaining why countries thrive or sputter. He examines the specific fields that will most shape our economic future over the next ten years, including cybercrime and cybersecurity, the commercialization of genomics, the next step for big data, and the coming impact of digital technology on money, payments, and markets. And in each of these realms, Ross addresses the toughest questions: How will we have to adapt to the changing nature of work? Is the prospect of cyberwar sparking the next arms race? How can the world's rising nations hope to match Silicon Valley in creating their own innovation hotspots? Ross blends storytelling and economic analysis to give a vivid and informed perspective on how sweeping global trends are affecting the ways we live, incorporating the insights of leaders ranging from the founders of Google and Twitter to defense experts like David Petraeus. The Industries of the Future takes the intimidating, complex topics that many of us know to be important and boils them down into clear, plain-spoken language. This is an essential work for understanding how the world works—now and tomorrow—and a must-read for businesspeople, in every sector, from every country.