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Second Machine Age, written by the MIT economists Erik Brynjolfsson and Andrew McAfee.
Tim Leberecht • The Business Romantic
The median worker is losing the race against the machine.
Erik Brynjolfsson, Andrew McAfee • Race Against the Machine
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
amazon.com
transaction cost economics; there’s too much rich and excellent work. Instead,
Andrew McAfee, Erik Brynjolfsson • Machine, Platform, Crowd: Harnessing Our Digital Future
As Brynjolfsson and McAfee point out in The Second Machine Age, over the past thirty years, the United States has seen steady growth in worker productivity but stagnant growth in median income and employment. Brynjolfsson and McAfee call this “the great decoupling.” After decades when productivity, wages, and jobs rose in almost lockstep fashion, t
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
That one is the fact that as technology and information play a bigger role in business and our lives, labor becomes less necessary
Howard Marks • Howard Marks Memo - The Winds of Change
soar to $1 billion. However, the wealth of the median customer, the one exactly in the middle of the distribution, wouldn’t change at all.