A World Without Work: Technology, Automation, and How We Should Respond

A thorough and sobering look at automation and the depreciation of human labor arrives from Oxford economics fellow Susskind (The Future of the Professions, coauthor). It turns on an important question: will there be enough work to employ people throughout the 21st century? Sorry but no, Susskind concludes; machines can’t do everything, but they can do much more than they’re doing currently, and will inevitably displace many more workers. He isn’t in despair, however, as he has some possible remedies in mind. Before dispensing them, he briskly covers the rise of artificial intelligence, the social problems raised by economic inequality, and the efficacy of education for protecting economically insecure workers, which he finds more limited than optimists would have people think. Susskind then posits what he believes are more effective long-term responses, including increased government intervention into the free market, targeted tax incentives for employers, and strengthened regulation aimed at changing the behavior of big technology companies. This dense but lively investigation is not for the reader who wants an easy dinner-party answer, but the curious worrier or the skeptic who wants to understand the theory behind the machines will want to take a look. (Jan.)