The AI Economy: Work, Wealth and Welfare in the Age of the Robot (ePub)

British economist Roger Bootle, winner of the prestigious Wolfson Prize, writes how the widespread introduction of robotics and artificial intelligence will affect human development in the long term. The author conducts a study of how new technologies already affect inflation, the distribution of wealth and power, education, leisure, business - and analyzes what an innovative future awaits all of us, based on facts. Bootle describes a model in which work processes will be fully automated, part of the employees will be replaced by robots, but, of course, specialists will still be important, and the same technologies will affect their level of productivity. Moreover, completely new activities, products and services will emerge. The economist sticks to the optimistic scenario: humanity has already gone through the industrial revolution, and the author provides a brief history of the economy of the last 200 years, arguing that technology has positively influenced the well-being of people. Bootle raises questions of ethics and balance in the global market if the spread of AI is not the same around the world. The author also talks about the key technologies that are already shaping our tomorrow today - this valuable knowledge will help you understand which skills you should bet on developing.