Economists show the perils and potential of the coming robot revolution

Summary: History shows that we oddly focus on small changes coming while ignoring the larger one, because they are truly revolutionary and hence difficult to see and understand. So it is with the third industrial revolution, the oddest so far -- and likely to be the biggest. This post shows that some of our top … Continue reading Economists show the perils and potential of the coming robot revolution

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Experts see that the 3rd Industrial Revolution is upon us. How many jobs will be lost?

Summary:  It's been almost 4 years since the first article appeared on the FM website warning about the next wave of job losses from automation. Now experts slowly begin to grapple with this problem, estimating its magnitude, extent, and possible solutions. Here we look at three of these. Properly managed, the 3rd industrial revolution will … Continue reading Experts see that the 3rd Industrial Revolution is upon us. How many jobs will be lost?

50 years of warnings about the next industrial revolution. Are we ready?

Summary:  Today we look at three early predictions about the 3rd Industrial Revolution, now upon us. We have sufficient warning (and the experience from the first two industrial revolutions), and should be able to navigate through it without massive suffering -- to a prosperous future. This is the latest in a long series about what … Continue reading 50 years of warnings about the next industrial revolution. Are we ready?

Looking at America’s future: economic stagnation, or will computers take our jobs?

Summary:  "Is the economy in technological stagnation? Or will computers take all our jobs?" An analysis from the Fed gives us an answer. Another in a series of posts about the future of America's economy and the coming of the next industrial revolution. . "The Productivity Paradox: Is Technology Failing or Fueling Growth?" By Andrew … Continue reading Looking at America’s future: economic stagnation, or will computers take our jobs?

The promise and peril of automation

Summary:  Today we have a status report on society's recognition of the coming industrial revolution. The next wave of automation (the next industrial revolution) was long forecast (even in the 1950s), but became clearly visible in 2010 with the writings of far-seeing people like Martin Ford (reported to readers of the FM website in August … Continue reading The promise and peril of automation

A book about one of the trends shaping the 21st century: the next industrial revolution (robots)

Summary:  It's not too soon to prepare your 2014 reading list. Today we have an excerpt from what might be one of the most important books of the year, about a trend which will drive events in the 21st century -- the next wave of automation. AKA the rise of smart machines, the next industrial … Continue reading A book about one of the trends shaping the 21st century: the next industrial revolution (robots)

Applebees automates, and brings a new world of jobs one step closer

Summary:  The FM website serves to help readers more clearly see the future (it's an unplanned emergent role). Today we look at one aspect of America's future, bring both peril and promise: the next wave of automation. It's already here, but seen by few. Today is not too soon to consider how this might affect … Continue reading Applebees automates, and brings a new world of jobs one step closer