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★★★★★
Clear, concise, and compelling
Other reviewers have summarized the book in detail, so I won't. I'll just emphasize the bottom line:
Machines are fast approaching humans in terms of *mental* labor capacity, not just *physical* labor capacity. In the past as machines took over much of our physical labor, we were then free to turn to more valuable mental labor. But once machines take over much of our mental labor, then what do we turn to for employment?
The author makes a very compelling case that this situation will arise, and likely within the next few decades. And he also lays out some rather bold suggestions to delay the shock of the resulting high unemployment and allow us to transition to an inevitably new type of economy as smoothly as possible. Though, even with these suggestions, I expect this transition is not likely to be smooth.
This book is a very important, frank discussion of a pending time-bomb for our precious mass market economy. Read it and recommend it to others. And think about how you and your family and friends will manage the forthcoming transition.
October 2010 · Books · verified purchase