The Wealth Of Humans

Download or read book The Wealth of Humans written by Ryan Avent and published by Macmillan + ORM. This book was released on 2016-09-20 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century? Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon Valley, Avent investigates the meaning of work in the twenty-first century: how technology is upending time-tested business models and thrusting workers of all kinds into a world wholly unlike that of a generation ago. It's a world in which the relationships between capital and labor and between rich and poor have been overturned. Past revolutions required rewriting the social contract: this one is unlikely to demand anything less. Avent looks to the history of the Industrial Revolution and the work of numerous experts for lessons in reordering society. The future needn't be bleak, but as The Wealth of Humans explains, we can't expect to restructure the world without a wrenching rethinking of what an economy should be.

Download or read book The Wealth of Humans written by Ryan Avent and published by Macmillan. This book was released on 2016-09-20 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: An investigation of how the digital revolution is fundamentally changing our concept of work, and what it means for our future economy.

Download or read book The Wealth of Humans written by Ryan Avent and published by Penguin UK. This book was released on 2016-09-20 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Ryan Avent is a superb writer ... highly readable and lively' Thomas Piketty To work is human. It puts food on the table, meaningfully structures our days, and strengthens our social ties. When work works, it provides the basis for a stable social order. Yet the world of work is changing fast, and in unexpected ways. With rapid advances in information technology, huge swathes of the job market - from cleaners and drivers to journalists and doctors - are being automated, or soon will be: a staggering 47% of American employment is at risk of automation within the next two to three decades. Yet at the same time millions more jobs are being created. What does the future of work hold? In this illuminating new investigation of what this revolution in work means for us, Ryan Avent lays bare the contradictions in today's global labour market. From Volvo's operations in Sweden to the vast 'Factory Asia' hub in China, via Indian development economists and Silicon Valley venture capitalists, he offers the first clear explanation of the state we're in-and how we could get out of it. With an ever-increasing divide between the rich and the rest, Avent states, something has got to give. The traditional escape routes - improved education, wage subsidies, and new industries built by entrepreneurs-will no longer work as they once did. In order to navigate our way across today's rapidly transforming economic landscape, he argues, we must revisit our previous experiences of massive technological change - and radically reassess the very idea of how, and why, we work.

Download or read book Humans Need Not Apply written by Jerry Kaplan and published by Yale University Press. This book was released on 2015-08-04 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: An “intriguing, insightful” look at how algorithms and robots could lead to social unrest—and how to avoid it (The Economist, Books of the Year). After decades of effort, researchers are finally cracking the code on artificial intelligence. Society stands on the cusp of unprecedented change, driven by 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 AI expert and Silicon Valley entrepreneur Jerry 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. In Humans Need Not Apply, 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 promises and perils of AI is a must-read for business leaders and policy makers on both sides of the aisle. “A reminder that AI systems don’t need red laser eyes to be dangerous.”—Times Higher Education Supplement “Kaplan…sidesteps the usual arguments of techno-optimism and dystopia, preferring to go for pragmatic solutions to a shrinking pool of jobs.”—Financial Times

Download or read book The Psychology of Money written by Morgan Housel and published by Harriman House Limited. This book was released on 2020-09-08 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

Download or read book Energy and the Wealth of Nations written by Charles A.S. Hall and published by Springer. This book was released on 2018-03-05 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to growth found in the investment process and rising inequality with the biophysical limits posed by finite energy resources. The authors focus attention on the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the high cost and relatively low EROI of finding and exploiting new oil fields, including the much ballyhooed shale plays and oil sands, and whether alternative energy technologies such as wind and solar power can meet the minimum EROI requirements needed to run society as we know it. For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, when energy supplies and the environmental impacts of energy production and consumption are likely to constrain economic growth, this exemption should be considered illusory at best. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, empirical, and unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors’ own, on the role of energy in society.

Download or read book Wealth, Energy, and Human Values written by Thomas P. Wallace and published by AuthorHouse. This book was released on 2009 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degradation of the modern American culture, including its 2008 financial and economic crisis, and the modern rejuvenation of Asian cultures are best understood within the context of 4,000 years of human history. Such are the consequences of the dynamics of cultural change, responding to societal variables of wealth, energy, and human values. This work provides a unique and formidable science-based framework for civilization development that complements and enhances the work of preeminent historians and sociologists. Accordingly, the foundation for societal progress is placed on restrictive scientific definitions, principles, and concepts of energy and wealth consumption, rather than solely on behavioral perspectives derived from empirical data and historical events. Society's dynamic forces are linked to the cultural deterioration and collapse of Ancient Greece and Rome, Imperial Spain, and Great Britain. Specific chapters are devoted to stagnation of Western civilization, Asian and Islamic resurgence, deterioration of the American culture, and ecological degradation of North America's largest estuary, the Chesapeake Bay; collateral damage of socio-economic profitability. The characteristics of America's current cultural deterioration parallel those of previous great civilizations. These include abuse of wealth and energy resources; excessive individual and national debt; lack of cultural civility, discipline, integrity, and ethics; unaffordable militarism, escalating income and wealth disparities; unresolved crises in health care and public education; and stultifying cultural complexity and bureaucracy. Themes include the underlying principles responsible for the eventual deterioration of all known civilizations; the basis for the recurring, sequential periodicity of civilization success and failure; and the roles and significance of militarism and religion in civilization growth, decay, and rebirth; Addressing these themes necessitates the integration of the academic disciplines of history, sociology, economics, and science, reflecting human nature and socioeconomic and political realities that fundamentally and continuously alter human values, priorities, and behavior, thus creating human history.