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Technology has reduced the need for work, and decoupled wages from productivity. I used to think that automation would indeed usher in an economy where humans wouldn't need to work, but I'm pretty convinced now--after reading labour economists like David Autor--that this is a long way off.
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Information is corroding the markets ability to form prices.
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Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – Wikipedia – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.
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Technology has reduced the need for work, and decoupled wages from productivity. I used to think that automation would indeed usher in an economy where humans wouldn't need to work, but I'm pretty convinced now--after reading labour economists like David Autor--that this is a long way off.
•
Information is corroding the markets ability to form prices.
•
Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – Wikipedia – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.
•
Technology has reduced the need for work, and decoupled wages from productivity. I used to think that automation would indeed usher in an economy where humans wouldn't need to work, but I'm pretty convinced now--after reading labour economists like David Autor--that this is a long way off.
•
Information is corroding the markets ability to form prices.
•
Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – Wikipedia – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.
•
Technology has reduced the need for work, and decoupled wages from productivity. I used to think that automation would indeed usher in an economy where humans wouldn't need to work, but I'm pretty convinced now--after reading labour economists like David Autor--that this is a long way off.
•
Information is corroding the markets ability to form prices.
•
Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – Wikipedia – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.
•
Technology has reduced the need for work, and decoupled wages from productivity. I used to think that automation would indeed usher in an economy where humans wouldn't need to work, but I'm pretty convinced now--after reading labour economists like David Autor--that this is a long way off.
•
Information is corroding the markets ability to form prices.
•
Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – Wikipedia – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.
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