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A review by keerthiabinesh
Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford
4.0
If you are someone who is into technology and economics, then this book is definitely a good read with lots of anecdotes on how AI has currently started replacing humans in the current era. One story that stood out for me was between Henry Ford II and his union leader.
Ford: "How are you going to get these robots to pay union dues ?";
Union Leader: "How are you going to get them to buy your cars ?".
I remember asking this question to my economics professor about what will happen because of automation. His reply was simple and straightforward- They won't replace humans but job displacement will happen. I wasn't convinced though. This book gave more convincing answers to those questions but couldn't come up with a feasible solution either. This book concentrated more on the problem rather than the solution and also digressed towards the end into various topics that weren't of relevance.
The book also digressed from the topic of interest towards the end in multiple chapters. But overall, a good read about how AI could change the economy and our world in general.
Ford: "How are you going to get these robots to pay union dues ?";
Union Leader: "How are you going to get them to buy your cars ?".
I remember asking this question to my economics professor about what will happen because of automation. His reply was simple and straightforward- They won't replace humans but job displacement will happen. I wasn't convinced though. This book gave more convincing answers to those questions but couldn't come up with a feasible solution either. This book concentrated more on the problem rather than the solution and also digressed towards the end into various topics that weren't of relevance.
The book also digressed from the topic of interest towards the end in multiple chapters. But overall, a good read about how AI could change the economy and our world in general.