The Technology Trap: Capital, Labor, and Power in the Age of Automation In The Technology Trap: Capital, Labor, and Power in the Age of Automation , Carl Benedikt Frey offers a sweeping history of automation from the Industrial Revolution to the current digital age. The Oxford University economist argues that while labor-replacing technologies generate progress in the long run, these advances often have devastating consequences for much of the working population during their lifetimes.
Economists, he proposes, tend to analyze technological history by the fruits it bears us now, rather than the pain it caused in the past. This penchant […]
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