Age of Robots: How automation control our work, wealth and welfare

Mr Bootle the chairman of Capital Economics argues that the automation and advances in AI will be a huge positive influence in our lives in the coming future and economic effects of artificial intelligence may not be as different from those of previous technological transformations as many suppose, that the speed with which the changes occur may be piecemeal changes in policy rather than radical shift towards universal basic income.

New innovations in robotics and Artificial Intelligence promise to transform our lives, although supposedly humans face the loss of their jobs and even their freedom and identity as robots and AI take over, but other jobs  will centre on human being’s unique qualities and on their relationships with each other, will take their place and we will be much better off.

Roger Booth steers us a path away from tech jargon and alarmism towards a rational explanation of the way in which the AI revolution will affect us all and tackles the implications of Artificial Intelligence  on growth productivity inflation and the distribution of  wealth and power. The AI economy also scrutinises the coming changes to the way we educate work and spend our leisure time.

A fundamentally optimistic view which will help you plan for changing times, as this book explains AI and leads you towards a more certain future.

The AI Economy: Work, Wealth and Welfare in the Robot Age by Roger Bootle, Nicholas Brearley £20