An edition of The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future (2009)

The Lights In The Tunnel

Automation, Accelerating Technology and the Economy of the Future

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February 28, 2023 | History
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An edition of The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future (2009)

The Lights In The Tunnel

Automation, Accelerating Technology and the Economy of the Future

by

  • 0 Ratings
  • 4 Want to read
  • 0 Currently reading
  • 0 Have read

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Publish Date
Publisher
CreateSpace
Language
English

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Previews available in: English

Subjects
Economics, Technology, Economic forecasting, Artificial intelligence, Economic aspects, Technological unemployment, Technological innovations, Employees, Effect of technological innovations on

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Cover of: The Lights In The Tunnel
The Lights In The Tunnel: Automation, Accelerating Technology and the Economy of the Future
2009, CreateSpace
in English
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Book Details

Table of Contents

Chapter 1: The Tunnel 7
The Mass Market 10
Visualizing the Mass Market 12
Automation Comes to the Tunnel 18
A Reality Check 21
Summarizing 25
Chapter 2: Acceleration 27
The Rich Get Richer 28
World Computational Capability 39
Grid and Cloud Computing 41
Meltdown 44
Diminishing Returns 47
Offshoring and Drive-Through Banking 55
Short Lived Jobs 57
Traditional Jobs: The “Average” Lights in the Tunnel 58
A Tale of Two Jobs 63
“Software” Jobs and Artificial Intelligence 67
Automation, Offshoring and Small Business 74
“Hardware” Jobs and Robotics 75
“Interface” Jobs 80
The Next “Killer App” 81
Military Robotics 85
Robotics and Offshoring 86
Nanotechnology and its Impact on Employment 87
The Future of College Education 90
Econometrics: Looking Backward 93
The Luddite Fallacy 95
A More Ambitious View of Future Technological Progress: The Singularity 100
A War on Technology 103
Chapter 3: Danger 107
The Predictive Nature of Markets 107
The 2008-2009 Recession 110
Offshoring and Factory Migration 113
Reconsidering Conventional Views About the Future 115
The China Fallacy 117
The Future of Manufacturing 124
India and Offshoring 127
Economic and National Security Implications for the United States 128
Solutions 131
Labor and Capital Intensive Industries: The Tipping Point 131
The Average Worker and the Average Machine 135
Capital Intensive Industries are “Free Riders” 138
The Problem with Payroll Taxes 140
The “Workerless” Payroll Tax 142
“Progressive” Wage Deductions 144
Defeating the Lobbyists 146
A More Conventional View of the Future 148
The Risk of Inaction 152
Chapter 4: Transition 156
The Basis of the Free Market Economy: Incentives 158
Preserving the Market 159
Recapturing Wages 162
Positive Aspects of Jobs 168
The Power of Inequality 169
Where the Free Market Fails: Externalities 170
Creating a Virtual Job 172
Smoothing the Business Cycle and Reducing Economic Risk 178
The Market Economy of the Future 179
An International View 182
Transitioning to the New Model 184
Keynesian Grandchildren 188
Transition in the Tunnel 191
Chapter 5: The Green Light 193
Attacking Poverty 195
Fundamental Economic Constraints 200
Removing the Constraints 201
The Evolution Toward Consumption 203
The Green Light 206
Appendix / Final Thoughts 208
Are the ideas presented in this book WRONG? (Opposing arguments with responses) 209
Two Questions Worth Thinking About 222
Where are we now? Four Possible Cases 223
The Next 10-20 years: Some Indicators to Watch for 226
Outsmarting Marx 236
The Technology Paradox 238
Machine Intelligence and the Turing Test 240
About / Contacting the Author 245
Notes 246

Classifications

Library of Congress
HB3730 .F556 2009, HB3730 .F66 2009

ID Numbers

Open Library
OL25327513M
Internet Archive
lightstunnelauto00ford
ISBN 10
1448659817
LCCN
2013498255
OCLC/WorldCat
468000967

Source records

Promise Item
marc_openlibraries_sanfranciscopubliclibrary MARC record
Library of Congress MARC record
Internet Archive item record
Internet Archive item record
harvard_bibliographic_metadata record
Promise Item

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
February 28, 2023 Edited by ImportBot import existing book
February 11, 2023 Edited by BWBImportBot Modified local IDs, source records
January 3, 2023 Edited by MARC Bot import existing book
December 10, 2022 Edited by ImportBot import existing book
May 29, 2012 Created by Fabien Benetou Added new book.