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Race Against the Machine: Understanding the Economic and Labor Impacts of Digital Automation
"Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy is a foundational 2011 white paper and book by Massachusetts Institute of Technology (MIT) principal researchers Erik Brynjolfsson and Andrew McAfee. The work argues that while technological progress creates unprecedented overall wealth and economic productivity, it simultaneously displaces human labor at an accelerating rate, leading to structural unemployment and wage stagnation if society fails to adapt its educational, institutional, and economic frameworks. Introduction to the Dig..."
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