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Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy
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Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy
Race Against the Machine by Erik Brynjolfsson and Andrew McAfee is a groundbreaking book that uncovers the truth behind the stagnation of median income, falling share of population working, and growing inequality in the US economy.
The authors present a unique explanation, drawing on research from their team at the Center for Digital Business, which shows that digital technologies are rapidly encroaching on skills that used to belong to humans alone.
This phenomenon has both positive and negative economic implications, with digital innovation increasing productivity and reducing prices, but also changing how the economic pie is distributed, leaving many workers behind.
The book provides a range of statistics, examples, and arguments to support its claims, making it an essential read for anyone interested in understanding the complexities of the modern economy.
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