What will the economy
of the future look like?
Where will advancing
technology, job automation, outsourcing and globalization
lead?
Is it possible that accelerating computer technology was a primary cause of the current global economic crisisand that even more disruptive impacts lie ahead?
This groundbreaking book by a Silicon Valley computer engineer and entrepreneur explores these questions and shows how accelerating technology is likely to have a highly disruptive influence on our economy in the near futureand may well already be a significant factor in the current global crisis.
THE LIGHTS IN THE TUNNEL employs a powerful thought experiment to explore the economy of the future. An imaginary "tunnel of lights" is used to visualize the economic implications of the new technologies that are likely to appear in the coming years and decades.
The book directly challenges nearly all conventional views of the future and illuminates the danger that lies ahead if we do not plan for the impact of rapidly advancing technology. It also offers unique insights into how technology will intertwine with globalization to shape the remainder of the twenty-first century, and explores ways in which the economic realities of the future might offer new approaches to addressing global challenges such as poverty and climate change.
Excerpt: Read the Introduction | Table of Contents
Read the author's blog on Future Economics and Techology at econfuture.wordpress.com. |
This new book takes an in depth look at current trends in information technology and globalization and examines what the likely economic impact will be in the coming years and decades.
Here are just a few of the questions explored in this book:
How will job automation impact the economy in the future?
How will the offshore outsourcing trend evolve in the coming years?
What
impact will technologies such as robotics and artificial intelligence have on the job
market?
Did technology play a significant role in the 2007 subprime meltdown and the subsequent global financial crisis and recession?
Globalization. Collaboration. Telecommuting. Are these the forces that will shape the workplaces of the future? Or is there something bigger lurking?
Which jobs and industries are likely to be most vulnerable to automation and outsourcing?
Machine and computer automation will primarily impact low skilled and low paid workers. True or false?
Will advancing technology always make society as a whole more wealthy? Or could it someday cause a severe economic depression?
What are the implications of advancing automation technology for developing nations such as China and India?
Will a college education continue to be a good bet in the future?
Recent
economic data suggests that, in United States, we are seeing increasing income
inequality and a dwindling middle class. How will this trend play out in the future?
What will be the economic impact of truly advanced future technologies, such as nanotechnology?
Retail positions
at Wal-Mart and other chain stores have become the jobs of last resort for many workers.
Will robots and other forms of machine automation someday threaten these jobs? If so,
what alternatives will the economy create for these workers?
And much more...
Read the Introduction | Table of Contents