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The Political Economy of Robots

The Political Economy of Robots
Author: Ryan Kiggins
Publisher: Springer
Total Pages: 345
Release: 2017-09-16
Genre: Political Science
ISBN: 3319514660

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This collection examines implications of technological automation to global prosperity and peace. Focusing on robots, information communication technologies, and other automation technologies, it offers brief interventions that assess how automation may alter extant political, social, and economic institutions, norms, and practices that comprise the global political economy. In doing so, this collection deals directly with such issues as automated production, trade, war, state sanctioned robot violence, financial speculation, transnational crime, and policy decision making. This interdisciplinary volume will appeal to students, scholars and practitioners grappling with political, economic, and social problems that arise from rapid technological change that automates the prospects for human prosperity and peace.


The Future of Work

The Future of Work
Author: Darrell M. West
Publisher: Brookings Institution Press
Total Pages: 223
Release: 2018-05-15
Genre: Political Science
ISBN: 0815732945

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Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question—how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow—one that needs to take place today.


Economics and Politics in the Robotic Age

Economics and Politics in the Robotic Age
Author: Qing-Ping Ma
Publisher: Cambridge Scholars Publishing
Total Pages: 528
Release: 2024-01-03
Genre: Business & Economics
ISBN: 1527546152

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This book shows that the rapid development of artificial intelligence (AI) and robotics is a natural consequence of the development of human society. It examines the history of production from the Stone Age to the present, progressing from the manual age to the machine age and then to the robotic age. From the perspective of economics and human physiology, this book explains how AI and robotics will reshape the economy and society, and how individuals, firms, and governments should prepare for the advent of the robotic age.


The Political Economy of Digital Automation

The Political Economy of Digital Automation
Author: Sreenath Majumder
Publisher: Routledge
Total Pages: 135
Release: 2020-08-31
Genre: Business & Economics
ISBN: 1000171507

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With digital automation becoming ubiquitous, the relationship between man and machine is being redefined. This book, through a focus on America, identifies the tension this relationship has produced, and how it has divided America socially, politically, and economically, ultimately breeding two fundamentally incompatible nations within one: the “forgotten America” and “elite America.” This book enables the reader to visualize the changes brought by automation on our producer and buyer identities, and suggests policy changes that global leaders could adopt to deal with the increasing discord. The book is heavily dependent on a few fundamental concepts of both economics and sociology, such as globalization, labor economics, and cultural homogenization. The book is ideally suited to students and academics researching political economics and sociology, with focuses on globalization, unemployment, and the social impacts of technological advances.


Still Think Robots Can't Do Your Job?

Still Think Robots Can't Do Your Job?
Author: Riccardo Campa
Publisher: D Editore
Total Pages: 217
Release: 2018-01-01
Genre: Technology & Engineering
ISBN: 8894830209

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Is Artificial Intelligence qualitatively different from other means of economizing the use of labor? Are we on the edge of a jobless society? If yes, are we ready for it? These are a few of the questions discussed in this collection of academic works. This book traces a brief history of the concept of technological unemployment; proposes a short-term scenario analysis concerning the relations between automation, education, and unemployment; analyzes the most recent literature on social robotics; examines the possible futures generated by the development of intelligent machines; shows the relation between automation and unemployment in an Italian case study; considers the impact if machines become effective pursuers of knowledge or even conscious; and addresses the role of serendipity in the development of science and technology.


The Economics of Artificial Intelligence

The Economics of Artificial Intelligence
Author: Ajay Agrawal
Publisher: University of Chicago Press
Total Pages: 172
Release: 2024-03-05
Genre: Business & Economics
ISBN: 0226833127

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A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.


The Robot Revolution

The Robot Revolution
Author: The late John Hudson
Publisher: Edward Elgar Publishing
Total Pages: 230
Release: 2019
Genre: Artificial intelligence
ISBN: 1788974484

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In the coming decades robots and artificial intelligence will fundamentally change our world. In doing so they offer the hope of a golden future, but there are dangers. This book looks at both the history of robots, in science and in fiction, as well as the science behind robots. Specific chapters analyse the impact of robots on the labour market, people’s attitudes to robots, the impact of robots on society, and the appropriate policies to pursue to prepare our world for the robot revolution. Overall the book strikes a cautionary tone. Robots will change our world dramatically and they will also change human beings. These important issues are examined from the perspective of an economist, but the book is intended to appeal to a wider audience in the social sciences and beyond.


Automation, Innovation and Work

Automation, Innovation and Work
Author: Jon-Arild Johannessen
Publisher: Routledge
Total Pages: 283
Release: 2020-03-11
Genre: Business & Economics
ISBN: 1000051617

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Artificial intelligence will not necessarily create a super-intelligent “human robot”; however, it is very probable that intelligent robots and intelligent informats will bring about a form of super-globalization, in which money and goods are prioritized over people and democracy and where the widespread use of casual labour – that is, short-term contracts – will become the most common form of employment relationship. It is also very likely that artificial intelligence will bring about what is known as singularity. This term is used to describe a situation where intelligent robots, from a rational and logical perspective, are smarter than humans, i.e. the development of AI. This book explores the impact that these intelligent robots and intelligent informats will have on social and societal development. The author tackles the question of singularity from three distinct standpoints: technological singularity – the intelligence of machines compared to that of humans – which he argues will bring about a qualitatively new labour market; economic singularity – the consequences for work relationships, value creation and employment – which he asserts will promote full automation, result in precarious contracts with low salaries, and, in some countries, possibly lead to the introduction of a universal basic income; and social singularity – the consequences of technological and economic singularity for democratic processes, bureaucratic procedures for exercising authority and control, and the direction in which society will develop, in addition to the emergence of new social institutions – which Johannessen says will promote a transition from representative democracy to genuine democracy. The book will appeal to academics, researchers and students of economic sociology and political economy, as well as those focusing upon the emerging innovation economy. It will also find an audience among professionals and policymakers keen to understand the impact the Fourth Industrial Revolution will have on organizations, individuals and society at large.


New Laws of Robotics

New Laws of Robotics
Author: Frank Pasquale
Publisher: Harvard University Press
Total Pages: 345
Release: 2020-10-27
Genre: Law
ISBN: 0674975227

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AI is poised to disrupt our work and our lives. We can harness these technologies rather than fall captive to them—but only through wise regulation. Too many CEOs tell a simple story about the future of work: if a machine can do what you do, your job will be automated. They envision everyone from doctors to soldiers rendered superfluous by ever-more-powerful AI. They offer stark alternatives: make robots or be replaced by them. Another story is possible. In virtually every walk of life, robotic systems can make labor more valuable, not less. Frank Pasquale tells the story of nurses, teachers, designers, and others who partner with technologists, rather than meekly serving as data sources for their computerized replacements. This cooperation reveals the kind of technological advance that could bring us all better health care, education, and more, while maintaining meaningful work. These partnerships also show how law and regulation can promote prosperity for all, rather than a zero-sum race of humans against machines. How far should AI be entrusted to assume tasks once performed by humans? What is gained and lost when it does? What is the optimal mix of robotic and human interaction? New Laws of Robotics makes the case that policymakers must not allow corporations or engineers to answer these questions alone. The kind of automation we get—and who it benefits—will depend on myriad small decisions about how to develop AI. Pasquale proposes ways to democratize that decision making, rather than centralize it in unaccountable firms. Sober yet optimistic, New Laws of Robotics offers an inspiring vision of technological progress, in which human capacities and expertise are the irreplaceable center of an inclusive economy.


Rise of the Robots

Rise of the Robots
Author: Martin Ford
Publisher: Basic Books
Total Pages: 353
Release: 2015-05-05
Genre: Business & Economics
ISBN: 0465040675

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The New York Times-bestselling guide to how automation is changing the economy, undermining work, and reshaping our lives Winner of Best Business Book of the Year awards from the Financial Times and from Forbes "Lucid, comprehensive, and unafraid . . . ;an indispensable contribution to a long-running argument." -- Los Angeles Times What are the jobs of the future? How many will there be? And who will have them? As technology continues to accelerate and machines begin taking care of themselves, fewer people will be necessary. Artificial intelligence is already well on its way to making "good jobs" obsolete: many paralegals, journalists, office workers, and even computer programmers are poised to be replaced by robots and smart software. As progress continues, blue and white collar jobs alike will evaporate, squeezing working -- and middle-class families ever further. At the same time, households are under assault from exploding costs, especially from the two major industries-education and health care-that, so far, have not been transformed by information technology. The result could well be massive unemployment and inequality as well as the implosion of the consumer economy itself. The past solutions to technological disruption, especially more training and education, aren't going to work. We must decide, now, whether the future will see broad-based prosperity or catastrophic levels of inequality and economic insecurity. Rise of the Robots is essential reading to understand what accelerating technology means for our economic prospects-not to mention those of our children-as well as for society as a whole.