Summary of Race Against the Machine

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Race Against the Machine book summary
Start getting smarter:
or see our plans

Rating

7 Overall

7 Applicability

7 Innovation

7 Style


Recommendation

The slogan of General Electric’s 2012 advertising campaign is “Brilliant machines are changing the way we work.” Instead, it could be “In the future, brilliant machines will do all the work.” As management professor Erik Brynjolfsson and scientist Andrew McAfee point out, this notion is not far-fetched. They speculate that, given the exponential increases in raw computer power, machines will do many jobs that humans perform today. The authors, who are not technophobes, offer 19 solid, if perhaps unrealistic, suggestions for steps government can take. getAbstract recommends this short, fascinating, but scary, treatise to those interested in the influence of advanced technology on the US labor market and to anyone wondering how government can keep people gainfully employed in future.

In this summary, you will learn

  • Why new technology is increasingly replacing workers and
  • What to do about it.
 

About the Authors

Erik Brynjolfsson, a professor at the MIT Sloan School of Management and director of the MIT Center for Digital Business, is chairman of the Sloan Management Review. Andrew McAfee is a principal research scientist and associate director at the MIT Center for Digital Business.

 

Summary

Computers Join the Workforce

Computer technology is upending society and causing dramatic changes. Technology and machines have replaced workers and now do their jobs better, faster and cheaper. More workers will suffer the same fate, not just due to machines’ effectiveness but also because technology does not ask for vacation pay, benefits or sick leave.


More on this topic

By the same authors

Confessions of an AI Optimist
Confessions of an AI Optimist
7
Artificial Intelligence and Life in 2030
Artificial Intelligence and Life in 2030
9
The Second Machine Age
The Second Machine Age
8
The Key to Growth? Race with the Machines
The Key to Growth? Race with the Machines
8
Are Droids Taking Our Jobs?
Are Droids Taking Our Jobs?
8
What Will Future Jobs Look Like?
What Will Future Jobs Look Like?
8

Customers who read this summary also read

What To Do When Machines Do Everything
What To Do When Machines Do Everything
8
How We’ll Earn Money in a Future Without Jobs
How We’ll Earn Money in a Future Without Jobs
8
The Revenge of Analog
The Revenge of Analog
8
The Laws of Disruption
The Laws of Disruption
8
Only Humans Need Apply
Only Humans Need Apply
8
Blockchain Revolution
Blockchain Revolution
7

Related Channels

Comment on this summary