The AI Economy: Work, Wealth and Welfare in the Robot Age

Description

Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future.

One of Britain's best-known economists, Roger Bootle runs Capital Economics, Europe's largest macroeconomics consultancy, which he founded. Roger appears frequently on television and radio and is also a regular columnist for The Daily Telegraph. In the Comment Awards 2012 he was named Economics Commentator of the year. He is the author of widely acclaimed books including - The Trouble with Markets, Money for Nothing and The Death of Inflation. Roger is also a Specialist Adviser to the House of Commons Treasury Committee. He was one of the previous Conservative government's 'Wise Men'. In July 2012, Roger and a team from Capital Economics won the prestigious Wolfson Economics Prize.

In his new and uplifting book The AI Economy, Roger Bootle provides tangible grounds for optimism. -- Mark Littlewood * The Times * a well-researched, enjoyable and thoughtful book. -- Calum Chace * Forbes * A very good read ... as an introduction to the debate as a whole, this book is invaluable. -- Charlie Paice * Adam Smith Blog * Bootle admits from the off that AI was a new topic to him when researching the book, which comes as a relief to the average reader and means we are not bogged down in technical jargon, with tricky concepts explained succinctly and clearly. ... [Bootle] does not shy away from the fact that AI will be a massively disruptive force on the economy, which will force some workers to find new employment, but The AI Economy is a somewhat reassuring read if you are spooked by the idea that robots will steal all the jobs, or wince at the idea of inserting a microchip under your skin. -- Jess Clarke * City AM * This book will probably annoy technophiles, not only because of its lack of technological detail but also because it is finely written by a polymath. It will be a long time before a computer can mesh the thoughts of Voltaire, Malthus, Keynes, Dawkins and Harari. -- Jane Fuller - co-director of the CFSI * Financial World *