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    $15.95 (Paperback at Amazon.com)
Trade Paperback, 260 pages

What does the title "The Lights in the Tunnel" mean?

The book uses a unique approach: it creates a mental simulation (or imaginary video game) based on "lights in a tunnel" in order to help the reader visualize the future economic impact of job automation, offshoring and accelerating technology.

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About the Author

Martin Ford is the founder and CEO of a Silicon Valley based software development firm. He has over 25 years experience in the fields of computer engineering and software development. He holds an MBA degree from the Anderson Graduate School of Management at UCLA and an undergraduate degree in computer engineering from the University of Michigan, Ann Arbor.

 

 

Is Economists' belief in the Luddite fallacy still reasonable in the face of exponentially advancing information technology?

Economists almost universally believe in something called the "Luddite fallacy" -- which basically says that advancing technology will always create more jobs than it destroys. In other words, any fear that technology will never cause widespread, long term unemployment is a fallacy. This has always been true in the past. Will it hold true indefinitely? Will advanced technologies such as robotics and artificial intelligence (AI) ultimately change the economic rules?   

 

 

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Is Economists' belief in the Luddite fallacy still reasonable in the face of exponentially advancing information technology?

how fast will technology change in the future?