In the book of “The Second Machine Age: Work, Progress and Prosperity In A Time Of Brilliant Technologies” by Erik Brynjolfsson and Andrew Mcafee; asked a question at the beginning of the book on what are the most important points in time of human development. Both authors argued that human progress brings technological advancements. In such case, the authors pointed out that the discovery and invention of the steam engine changed the course for humans. Both authors continued that we are now closing to the “second machine age”, as our technologies such as computers are advancing. The authors simply stated that with this new advancements society and the economy will rapidly change and become better.
In chapter 2, Brynjolfsson and Mcafee discuss …show more content…
The authors explained in chapter 5 that, once a technology or advancement is introduced to the market, it spreads throughout the economic sector and spreads it all around the world. Once that is used up, the economy stagnates. In order to prevent that, new ideas and combination using that technology needs to be created. In order for new ideas to be created, people with new ideas must open there eyes, which according to the author is most important.
The authors the next talk about Artificial Intelligence (AI) and how it will be part of the Second Machine Age in chapter 6, confident that it will bring many positive aspects and continued to chapter 7, where they stated that small changes and minor fixes can prevent economic stagnation and improve the …show more content…
Both authors stated that there is still fear and that we must keep our heads up and find new solutions. With that, in new policies to come, we humans must create new economic and social plans were machines and humans can live and function in society as a whole. They the next talk about the challenges such as economic changes and most importantly the loss of jobs in the minimum wage sector and other jobs as well. In order to cope with that, long-term plans must be created in order to cope and stabilize future generations. And finally in chapter 15, they stated that are at an inflection point where both technology and human power meets. Whatever happens at that point, determines out future and history that we humans are about to make. The authors stated with the previous chapters and information given both pros and cons, the choices that we make is up too us now and the future generation as
In chapter 2, Brynjolfsson and Mcafee discuss …show more content…
The authors explained in chapter 5 that, once a technology or advancement is introduced to the market, it spreads throughout the economic sector and spreads it all around the world. Once that is used up, the economy stagnates. In order to prevent that, new ideas and combination using that technology needs to be created. In order for new ideas to be created, people with new ideas must open there eyes, which according to the author is most important.
The authors the next talk about Artificial Intelligence (AI) and how it will be part of the Second Machine Age in chapter 6, confident that it will bring many positive aspects and continued to chapter 7, where they stated that small changes and minor fixes can prevent economic stagnation and improve the …show more content…
Both authors stated that there is still fear and that we must keep our heads up and find new solutions. With that, in new policies to come, we humans must create new economic and social plans were machines and humans can live and function in society as a whole. They the next talk about the challenges such as economic changes and most importantly the loss of jobs in the minimum wage sector and other jobs as well. In order to cope with that, long-term plans must be created in order to cope and stabilize future generations. And finally in chapter 15, they stated that are at an inflection point where both technology and human power meets. Whatever happens at that point, determines out future and history that we humans are about to make. The authors stated with the previous chapters and information given both pros and cons, the choices that we make is up too us now and the future generation as