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Rise of the Robots: Technology and the Threat of a Jobless Future

Rise of the Robots Technology and the Threat of a Jobless Future What are the jobs of the future How many will there be And who will have them We might imagine and hope that today s industrial revolution will unfold like the last even as some jobs are eliminated w

  • Title: Rise of the Robots: Technology and the Threat of a Jobless Future
  • Author: Martin Ford
  • ISBN: 9780465059997
  • Page: 102
  • Format: Hardcover
  • What are the jobs of the future How many will there be And who will have them We might imagine and hope that today s industrial revolution will unfold like the last even as some jobs are eliminated, will be created to deal with the new innovations of a new era In Rise of the Robots, Silicon Valley entrepreneur Martin Ford argues that this is absolutely not the caWhat are the jobs of the future How many will there be And who will have them We might imagine and hope that today s industrial revolution will unfold like the last even as some jobs are eliminated, will be created to deal with the new innovations of a new era In Rise of the Robots, Silicon Valley entrepreneur Martin Ford argues that this is absolutely not the case 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.In Rise of the Robots, Ford details what machine intelligence and robotics can accomplish, and implores employers, scholars, and policy makers alike to face the implications The past solutions to technological disruption, especially training and education, aren t going to work, and 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 for anyone who wants to understand what accelerating technology means for their own economic prospects not to mention those of their children as well as for society as a whole.

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      Published :2019-03-19T22:31:06+00:00

    1 thought on “Rise of the Robots: Technology and the Threat of a Jobless Future

    1. A popular campfire ghost story among businesses and economists these days is the ‘jobless future’ – the idea that rampant industrial automation and computerisation will soon mean a world where intelligent robots can do everything we can better and more efficiently than we can do it. At this year's World Economic Forum, everyone seemed keen to argue against this scenario, and I spent most of the week trudging across Davos from one freezing interviewee to another who wanted to tell me why it [...]

    2. Deeply unsettling vision of the future where automation and machine learning replace a greater percentage of the human workforce, causing a mass reduction in employment and a reduced role in consumption. Conjures up images of the nightmare world of 'Elysium', where elites shutter themselves off from the unemployed, wanting, masses. Calls for a massive restructure of government and society to adapt to this change in employment structure, and he makes the case this will happen whether we want to o [...]

    3. Update October 2015: (previous updates after my review)Something pretty close to the top end of the human cognitive spectrum might be the skill of seeking a pattern in a mass of chaotic data. Oh, sorry — that's another trick a computer seems to be able to do much more easily than us. See System that replaces human intuition with algorithms outperforms human teams.                             ❦In the coming years, your job is very likely to evaporate. That might m [...]

    4. The premise of Rise of the Robots is simple: technology is accelerating so rapidly that automation is on the verge of taking over not just straight-forward physically oriented jobs but also "brain power" jobs as well in such fields as law, healthcare, journalism, engineering, and computer programming. Similar sorts of warnings have been around since the time of the Luddites. So it's easy to disregard these warnings as one more dystopian prediction of the technological future (e.g. Where's the fl [...]

    5. Warren Buffett, who ought to know, recently told shareholders of his investment company, Berkshire-Hathaway, that the development of driverless cars poses a “real threat” to the insurance industry. Buffett cares a lot about insurance, because he’s got billions invested in it. But he might have broadened his concern to encompass the entire economy. Because the emerging application of robotics poses a “real threat” to the future wellbeing of our country and the world. In Rise of the Robo [...]

    6. Martin Ford is a Silicon Valley software entrepreneur and to put it simply, a polymath. He did not without reason win the 2015 Financial Times Best Business Book of the Year Award: Rise of the Robots – Technology and the Threat of a Jobless Future is the first book in the 21st century which succeeds to combine the impacts of technology and economics onto mankind. It therefore rightly deserves to take the book award from the 2014 winner Capital in the 21st century, because Thomas Piketty’s an [...]

    7. Uma discussão bem interessante e embasada sobre automação e o futuro do mercado de trabalho. O Martin Ford consegue deixar bem claro que não tem um limite definido para o tipo de trabalho que será automatizado – até fazer hambúrguer em lanchonete está a perigo – e dá uma boa perspectiva sobre os avanços em várias áreas de tecnologia. É um livro que vai ficar desatualizado em poucos anos, mas por enquanto vale muito.Um ponto que fica muito evidente é como o processo de substit [...]

    8. “Rise of the Robots" begins with a survey of the technology landscape – an over-clocked world where change seems to follow Moore's Law – doubling in speed every couple of years. Ford paints a picture of the capabilities of robots and the dismal economic climate for humans that has existed since the mid-seventies: real wages are declining; wealth is being concentrated in the hands of 1% of the nation; half of all college graduates are not finding work that can use their college education; e [...]

    9. This is a top-class, broad look at our use of machinery to do our work in the past, present and somewhat scary future. We look at how co-operative strategies such as the co-ordinated build, factory, design teams and production line speeded up our work and production. But today we have better tools to make the tools that make the machines, and we have faster, smarter computers. We are even approaching machine intelligence in some areas, and as I write the chess and go champions have been beaten b [...]

    10. Many times people have cried wolf about automation and the risk of extreme unemployment from computers and robotics but this time the wolf may actually make an appearance. AI which always like Brazil was destined for future greatness and always would be is finally becoming a reality. The book details developments that have a serious potential of displacing not only manual and low level clerical workers but professionals who never thought they could be rendered redundant by robotics and AI. We ar [...]

    11. Rise of the Robots is a brisk, accessible overview of current thinking about the possibilities of automation. Martin Ford takes us through the major issues, technologies, and problems. He begins with several chapters exploring what we mean by automation (robotics plus good software), the importance of developments over the past decade, and the macroeconomic context. Then the chapters advance through the potential impact of automation on white collar jobs (management, professions), education, hea [...]

    12. Excellent book to start the New Year off with as it really makes you consider the future.It doesn't sound too appealing though - mass unemployment, increasing inequality as all but the highest level jobs get replaced by machines and ultimately the threat that we aren't in control at all as the machines become super intelligent. And of course the problem, for the economy that machines might be cheaper but they aren't consumers - liked the story of Henry Ford II and his union leader - Ford: "How a [...]

    13. Most of this book makes a pretty convincing case that automation is going to replace most jobs in the next 50 years, maybe less. I think I buy that, and thus I am personally worried, since a good portion of my job as a software engineer is probably automatable (in large part the actual coding I do involves writing boilerplate and figuring out how to integrate third party software, which, in theory, a machine could do quite well, with far less angst; in short, I am already a blue-collar coder, an [...]

    14. If you decide to read one piece of nonfiction this summer, let this be it.Martin Ford’s Rise of the Robots: Technology and the Threat of a Jobless Future is one of the most intelligent and important works of futurism to date. Although the book’s title might trigger images of popcorn and 3D glasses rather than a sober analysis of Earth’s economic future, Ford’s arguments are politically balanced, meticulously supported, and cleanly presented for non-specialists. His message––that tech [...]

    15. Argues for larger taxes and a guaranteed income globally to combat the displacement of jobs due to technology. A lack of understanding of economics drives the author to this incorrect conclusion that taxes will create prosperity rather than individuals be responsible on acquiring new skills to adjust to the shift in jobs available. Author also cites incorrect statistics on productivity and wages and spends little time on the emergence of new technology and what the world will look like. I sugges [...]

    16. The first book which introduces me to the real advancement + implication/speculation of AI tech for future economy. There is a prospect that not only old jobs but also white collar jobs will be replaced by the rise of more and more sophisticated intelligent machines. The results are serious, its about the widening gap of wealth, work crisis and social inequality.

    17. The book is a bit patchy in the quality of its analysis. But, I guess, the author is pioneering the new area in a wider public discourse. I could not find any other mainstream, relatively impartial and newer book on the subject. What I liked about the book was the detailed and clear analysis of the current economic trends, such as the decline of labour share in GDP, inequality, inability of recent graduates to find suitable jobs etc. What i did not find so convincing was the casual link between [...]

    18. Rise of the Robots (RoR) was voted as the Financial Time's Business Book of the Year* for 2015.I found the book to be a disappointment. RoR goes over well trodden territory around automation, the shift of from a labour driven economy to a capital driven economy and the impending collapse of the consumption due to the shrinking middle class. Mr. Ford also provides a brief tour of the issues around the emergence of general purpose Artificial Intelligence** and nano technology. The book concludes w [...]

    19. The Star Trek replicator has long been a dream of humanity - completely automated provision of the means of subsistence, with the potential to eliminate unprecedented amounts of drudgery. Far from everyone being freed to pursue their dreams of becoming starship captains, though, it's entirely possible that the current dramatic increase in automation will simply put humans out of work, whether those humans are low-wage burger-flippers, manufacturing workers at home or offshore, or white-shoe corp [...]

    20. This book is more of an extended edition of “the lights in the tunnel”. The author made significant updates on the present and future of smart machine or robot. On the other hand, he didn’t add too much on potential strategies to prevent disappearance of “lights”---including tax system and virtual jobs, which I feel to be main strength of his works.

    21. The bulk of the book may deserve 5 stars, but the recommendations at the end do not [see below].The book manages to discuss an impressive range of topics directly or indirectly related to the automation of econonic activity and the impact on human employment. It does this without being a particularly long book. Of course, that means that some readers will find some topics are not covered in the depth and detail they would have preferred. However, I did not find that to be a general issue.For ins [...]

    22. Ford sets out the case for worrying about the advances being made in the fields of robotics and AI and the impacts they can be expected to have on society. He agrees that it is a familiar trope – machines replacing human workers, causing unemployment and hardship for those affected – and that the many predictions made in the past for an impending jobs armageddon have not come to pass. But he marshals a large amount of data that tells us that this time it will be different.Drawing on mainly U [...]

    23. Rise of the Robots begins and ends like a dry, dense textbook replete with graphs, charts and statistics. It is the middle part of the book that was the most illuminating and fascinating at times. I expected the author to delve solely into the loss of the blue-collar, menial jobs to robots, only to realise that the white-collar professionals are just as vulnerable to technological innovation.Narrative Science's Quill software has already automated the creation of news articles for many widely kn [...]

    24. Rise of the Robots is an excellent and somewhat depressing book. If you've been brooding a lot about the prospects for the future, you should probably postpone reading this book until you're in a better mood. Of course, if you read it, then you'll be a bad mood again. Sigh. Did I mention climate change? Best to skip any books on that topic too. Better to just go out and do something nice for a fellow human being instead.The thesis of this book is that automation in general, including the use of [...]

    25. I finished this book several weeks ago, and a number of my thoughts are already starting to fade, and the whole is starting to blend into an impression with details no longer sharp, so forgive the vagueness and brevity of the review. (The start and finish dates below are also approximate.)Ford musters a fair amount of detail on how automation is taking over many industries, and the book is very timely, with a lot of fresh data (as of early 2015). He covers manufacturing, of course, but also cons [...]

    26. Where Ford's first book was a revelation, his second book is a disappointment. He adds very little new to the conversation with "Rise of the Robots" - for the most part this book is a recycled laundry list of popular news articles about cool startups and technologies that are making progress in various areas of automation. If you've read his first book, The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future or Race Against The Machine: How the Digital Revolut [...]

    27. Una opinione pessimista sull'avvento delle macchine nel mondo del lavoro, dalla produzione di beni alla distribuzione dei servizi, fino alla sostituzione totale degli esseri umani, anche i più istruiti e talentuosi in ambiti considerati sicuri come la creatività artistica o la costruzione e manutenzione delle macchine stesse (ahi ahi, le reti neurali). Ne esce una visione distopica in cui la massa, in larghissima maggioranza, sta erodendo il suo margine di spesa discrezionale fin dagli anni '7 [...]

    28. With the Swiss Referendum on the universal basic income coming in three days you might be interested in the intellectual undercurrents that made the idea so widely popular lately.This book actually is a good point to start. It is atrociously primitive in terms of both style and quality of the research, but seems to powerfully strike a chord and has collected a good amount of raving reviews and distinctions. The argument goes like that - since when we open the whatever media we are reading we see [...]

    29. A measured and intriguing book about the potential societal disruption which could occur if we don't find a way to balance the increasing automation of labour with the ability for people to earn a living. The author presents various persuasive arguments examining how robots and artificial intelligence have made their way into the workplace and will eventually be capable of doing almost every human job. This presents a problem, however. When a robot can do all of our work faster, cheaper and bett [...]

    30. En udmærket og realistisk gennemgang af mulige fremtidsscenarier, når robotterne kommer og overtager det meste af arbejdet for os. Og vi kommer meget længere under overfladen end de sædvanlige fremtidsoptimistiske Kurzweill-disciples slideshows i stilen "Wuuuuhuuu fremtiden kommer med selvkørende biler lige om lidt" (Ja og hvad så?). Vi kommer godt ned i både global og nationaløkonomi, alle de mekanismer der er på spil, og hvad de førende eksperter mener om fremtiden - og Ford citerer [...]

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