factory automation

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pages: 361 words: 83,886

Inside the Robot Kingdom: Japan, Mechatronics and the Coming Robotopia by Frederik L. Schodt

carbon-based life, computer age, Computer Numeric Control, computer vision, deindustrialization, Deng Xiaoping, deskilling, factory automation, game design, guest worker program, industrial robot, Jacques de Vaucanson, Norbert Wiener, post-industrial society, robot derives from the Czech word robota Czech, meaning slave, Ronald Reagan, Silicon Valley, telepresence, The Wealth of Nations by Adam Smith, V2 rocket, warehouse automation, Whole Earth Review, women in the workforce

In the summer of 1986, Fanuc formed another joint venture, creating GE-Fanuc Automation with the US. firm General Electric to market factory automation equipment other than robots. In keeping with Fanuc's global strategy of international alliances and a division of labor, Fanuc would supply its NC controllers and other hardware while GE would provide engineering know-how, communications software, and computer technology. In the early 1980s, GE had been a contender for world leadership in factory automation and robotics. But six months after signing its agreement with Fanuc, in January 1987, GE announced that it would abandon the robot side of its business.

At a huge Ricoh plant in Atsugi, where paper copier machines and other devices are manufactured by people and robots, an introductory video carefully emphasizes that "technology is for human beings, not the reverse," and a brochure illustrates factory automation with a pyramid—of software and hardware on the bottom, and humans on top. Even Dr. Inaba of Fanuc, the Genghis Khan of robots and automation, keeps in mind the limits of technology. In his 1982 biography, he stresses that "factory automation is not to be used to completely un-man the factory. It is a system to reduce labor, and shift people from monotonous to more creative work. It should only be used when this principle is clearly understood."

Waldron (Ohio State University); Yutaka Kanayama (Center for Robotic Systems, University of California, Santa Barbara); Bernard Roth (Stanford University). Industry/Labor organizations: Akihisa Terasaki (Federation of Japan Automobile Workers' Unions); Kanji Yonemoto (Japan Industrial Robot Association); Eric Mittelstadt (Robotic Industries Association); Tatsuoki Masui (JAROL); Tadao Tamura, Toyokatsu Sato (International Robotics and Factory Automation Center). Private industry: Gensuke Okada, Naohide Kumagai (Kawasaki Heavy Industries Ltd.); Seiuemon Inaba (Fanuc Ltd.); Takuya Kato (Kato Seiki, Inc.); Kenichi Natsume, Tsugio Nakamoto, Jun-ichi Chiba (Kyodo Printing Co., Ltd.); Nobuyuki Fujita, Noriyuki Tanaka, Hiroji Mizuguchi, Sumio Nagashima, Tetsuo Suzuki, Masana Minami, Yoshinori Kuno, Michael Caine (Toshiba Corporation); Kosei Minami, Tsuyoshi Miura, Toshiya Yamamoto, Hirokazu Shimatake (Nissan Motor Co., Ltd.); Keigo Ushimaru, Iwato Fujii, Tatsuya Nakamine (Seibu Department Stores Ltd.); Toshi Inada, Kenro Motoda (Motoda Electronics Co., Ltd.); Sueo Matsubara (Automax/Mukta Research Institute); Yoshiyuki Nakano, Hideo Maki (Hitachi Works, Hitachi Ltd.); Kisaku Suzuki, Junichiro Nishimura (Suzumo Machinery Industry Co., Ltd.); Hajime Karatsu, Sukeji Ito (Matsushita Electric Industrial Co., Ltd.); Kiyoshi Tawara (Yamasaki Seisakujo); Yoshiaki Maeda, Katsuhiro Kawasaki, Shigeru Tabei, Yuki Gessei (JVC-Victor Company of Japan Ltd.); Brian Carlisle (Adept Technology, Inc.); Joseph Engelberger (Transitions Research Corporation); Victor Sheinman (Automatix); Walter Weisel (Prab Robots, Inc.); Eric Mittelstadt (GMF Robotics, Inc.).


pages: 208 words: 57,602

Futureproof: 9 Rules for Humans in the Age of Automation by Kevin Roose

"World Economic Forum" Davos, adjacent possible, Airbnb, Albert Einstein, algorithmic bias, algorithmic management, Alvin Toffler, Amazon Web Services, Atul Gawande, augmented reality, automated trading system, basic income, Bayesian statistics, Big Tech, big-box store, Black Lives Matter, business process, call centre, choice architecture, coronavirus, COVID-19, data science, deep learning, deepfake, DeepMind, disinformation, Elon Musk, Erik Brynjolfsson, factory automation, fake news, fault tolerance, Frederick Winslow Taylor, Freestyle chess, future of work, Future Shock, Geoffrey Hinton, George Floyd, gig economy, Google Hangouts, GPT-3, hiring and firing, hustle culture, hype cycle, income inequality, industrial robot, Jeff Bezos, job automation, John Markoff, Kevin Roose, knowledge worker, Kodak vs Instagram, labor-force participation, lockdown, Lyft, mandatory minimum, Marc Andreessen, Mark Zuckerberg, meta-analysis, Narrative Science, new economy, Norbert Wiener, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, off-the-grid, OpenAI, pattern recognition, planetary scale, plutocrats, Productivity paradox, QAnon, recommendation engine, remote working, risk tolerance, robotic process automation, scientific management, Second Machine Age, self-driving car, Shoshana Zuboff, Silicon Valley, Silicon Valley startup, social distancing, Steve Jobs, Stuart Kauffman, surveillance capitalism, tech worker, The Future of Employment, The Wealth of Nations by Adam Smith, TikTok, Travis Kalanick, Uber and Lyft, uber lyft, universal basic income, warehouse robotics, Watson beat the top human players on Jeopardy!, work culture

Faced with these new, powerful robots, Kawai and his colleagues on the Toyota shop floor had some hard choices to make. Lots of experts and union leaders were predicting a bleak future for autoworkers, and blue-collar factory workers of all kinds. A 1961 article in Time magazine predicted the rise of “The Automation Jobless.” Another article called factory automation “a ghost which frightens every worker in every plant.” But Kawai wasn’t haunted by ghosts, and he didn’t panic, or start looking for jobs in less threatened industries. Instead, according to a profile in the Japan Times, he decided to improve what, in Japanese, is called monozukuri, which translates as “making things,” although its closest English equivalent is probably “craftsmanship.”

Rule 4 Leave Handprints Mitsuru Kawai should have been panicking Shusuke Murai, “Hands-on Toyota Exec Passes Down Monozukuri Spirit,” Japan Times, April 15, 2018. A 1961 article in Time magazine “The Automation Jobless,” Time, February 24, 1961. Another article called factory automation Rick Wartzman, “The First Time America Freaked Out over Automation,” Politico, May 30, 2017. Today, Kawai is a living legend at Toyota “Toyota’s ‘Oyaji’ Kawai Calls to Protect Monozukuri,” Toyota News, June 17, 2020. a former steelworker named Frederick Winslow Taylor Frederick Winslow Taylor, The Principles of Scientific Management (New York: Harper & Brothers, 1915).


pages: 49 words: 12,968

Industrial Internet by Jon Bruner

air gap, autonomous vehicles, barriers to entry, Boeing 747, commoditize, computer vision, data acquisition, demand response, electricity market, en.wikipedia.org, factory automation, Google X / Alphabet X, industrial robot, Internet of things, job automation, loose coupling, natural language processing, performance metric, Silicon Valley, slashdot, smart grid, smart meter, statistical model, the Cathedral and the Bazaar, web application

The industrial internet will automate certain repetitive jobs that have so far resisted automation because they require some degree of human judgment and spatial understanding — driving a truck, perhaps, or recognizing a marred paint job on an assembly line. In fast-growing fields like health care, displaced workers might be absorbed into other low- or medium-skill roles, but in others, the economic tradeoffs will be similar to those in factory automation: higher productivity, lower prices for consumers, continued feasibility of manufacturing in high-cost countries like the United States — but also fewer jobs for people without high-demand technical skills. Everything becomes a sensor Any machine that registers state data can become a valuable sensor when it’s connected to a network, regardless of whether it’s built for the express purpose of logging data.


pages: 238 words: 73,824

Makers by Chris Anderson

3D printing, Airbnb, Any sufficiently advanced technology is indistinguishable from magic, Apple II, autonomous vehicles, barriers to entry, Buckminster Fuller, Build a better mousetrap, business process, carbon tax, commoditize, company town, Computer Numeric Control, crowdsourcing, dark matter, David Ricardo: comparative advantage, deal flow, death of newspapers, dematerialisation, digital capitalism, DIY culture, drop ship, Elon Musk, factory automation, Firefox, Ford Model T, future of work, global supply chain, global village, hockey-stick growth, hype cycle, IKEA effect, industrial robot, interchangeable parts, Internet of things, inventory management, James Hargreaves, James Watt: steam engine, Jeff Bezos, job automation, Joseph Schumpeter, Kickstarter, Lean Startup, manufacturing employment, Mark Zuckerberg, means of production, Menlo Park, Neal Stephenson, Network effects, planned obsolescence, private spaceflight, profit maximization, QR code, race to the bottom, Richard Feynman, Ronald Coase, Rubik’s Cube, Scaled Composites, self-driving car, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley startup, Skype, slashdot, South of Market, San Francisco, SpaceShipOne, spinning jenny, Startup school, stem cell, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, supply-chain management, the long tail, The Nature of the Firm, The Wealth of Nations by Adam Smith, TikTok, Tragedy of the Commons, transaction costs, trickle-down economics, vertical integration, Virgin Galactic, Whole Earth Catalog, X Prize, Y Combinator

Much of the reason for this is that manufacturing, the big employer of the twentieth century (and the path to the middle class for entire generations), is no longer creating net new jobs in the West. Although factory output is still rising in such countries as the United States and Germany, factory jobs as a percentage of the overall workforce are at all-time lows. This is due partly to automation, and partly to global competition driving out smaller factories. Automation is here to stay—it’s the only way large-scale manufacturing can work in rich countries (see chapter 9). But what can change is the role of the smaller companies. Just as startups are the driver of innovation in the technology world, and the underground is the driver of new culture, so, too, can the energy and creativity of entrepreneurs and individual innovators reinvent manufacturing, and create jobs along the way.

American workers are also up to three times more productive (not because they’re necessarily more skilled or harder-working, but because they tend to be matched with more automation, which amplifies individual productivity). The Boston Consulting Group estimates that the net cost of manufacturing in China will be the same as that in the United States by 2015.39 And as factory automation becomes more powerful, the labor component of the average product drops. And that means that the traditional labor arbitrage arguments for moving manufacturing jobs overseas will diminish. Right now, in the automotive industry, labor represents less than 15 percent of the cost of the vehicle (the United Auto Workers union claims that it is just 10 percent, but that includes only assembly-line workers, not office, management, and R&D).


pages: 72 words: 21,361

Race Against the Machine: How the Digital Revolution Is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy by Erik Brynjolfsson

Abraham Maslow, Amazon Mechanical Turk, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, business cycle, business process, call centre, combinatorial explosion, corporate governance, creative destruction, crowdsourcing, David Ricardo: comparative advantage, driverless car, easy for humans, difficult for computers, Erik Brynjolfsson, factory automation, first square of the chessboard, first square of the chessboard / second half of the chessboard, Frank Levy and Richard Murnane: The New Division of Labor, general purpose technology, hiring and firing, income inequality, intangible asset, job automation, John Markoff, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Khan Academy, Kickstarter, knowledge worker, Loebner Prize, low skilled workers, machine translation, minimum wage unemployment, patent troll, pattern recognition, Paul Samuelson, Ray Kurzweil, rising living standards, Robert Gordon, Robert Solow, self-driving car, shareholder value, Skype, the long tail, too big to fail, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, Watson beat the top human players on Jeopardy!, wealth creators, winner-take-all economy, zero-sum game

High-Skilled vs. Low-Skilled Workers We’ll start with skill-biased technical change, which is perhaps the most carefully studied of the three phenomena. This is technical change that increases the relative demand for high-skill labor while reducing or eliminating the demand for low-skill labor. A lot of factory automation falls into this category, as routine drudgery is turned over to machines while more complex programming, management, and marketing decisions remain the purview of humans. A recent paper by economists Daron Acemoglu and David Autor highlights the growing divergence in earnings between the most-educated and least-educated workers.


pages: 288 words: 86,995

Rule of the Robots: How Artificial Intelligence Will Transform Everything by Martin Ford

AI winter, Airbnb, algorithmic bias, algorithmic trading, Alignment Problem, AlphaGo, Amazon Mechanical Turk, Amazon Web Services, artificial general intelligence, Automated Insights, autonomous vehicles, backpropagation, basic income, Big Tech, big-box store, call centre, carbon footprint, Chris Urmson, Claude Shannon: information theory, clean water, cloud computing, commoditize, computer age, computer vision, Computing Machinery and Intelligence, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, data is the new oil, data science, deep learning, deepfake, DeepMind, Demis Hassabis, deskilling, disruptive innovation, Donald Trump, Elon Musk, factory automation, fake news, fulfillment center, full employment, future of work, general purpose technology, Geoffrey Hinton, George Floyd, gig economy, Gini coefficient, global pandemic, Googley, GPT-3, high-speed rail, hype cycle, ImageNet competition, income inequality, independent contractor, industrial robot, informal economy, information retrieval, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jeff Bezos, job automation, John Markoff, Kiva Systems, knowledge worker, labor-force participation, Law of Accelerating Returns, license plate recognition, low interest rates, low-wage service sector, Lyft, machine readable, machine translation, Mark Zuckerberg, Mitch Kapor, natural language processing, Nick Bostrom, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, Ocado, OpenAI, opioid epidemic / opioid crisis, passive income, pattern recognition, Peter Thiel, Phillips curve, post scarcity, public intellectual, Ray Kurzweil, recommendation engine, remote working, RFID, ride hailing / ride sharing, Robert Gordon, Rodney Brooks, Rubik’s Cube, Sam Altman, self-driving car, Silicon Valley, Silicon Valley startup, social distancing, SoftBank, South of Market, San Francisco, special economic zone, speech recognition, stealth mode startup, Stephen Hawking, superintelligent machines, TED Talk, The Future of Employment, The Rise and Fall of American Growth, the scientific method, Turing machine, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, universal basic income, very high income, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, WikiLeaks, women in the workforce, Y Combinator

As we’ll see in this chapter, the economy and job market in the United States, as well as in many other developed countries, are now operating in ways that seem to defy many of the rules and assumptions that once appeared to be solidly backed by empirical evidence. In Rise of the Robots, I argued that these changes are being driven largely by accelerating progress in information technology. A long list of key innovations is now behind us—advancing factory automation, the personal computer revolution, the internet, the rise of cloud computing and mobile technology—and the resulting transformation has been playing out over the course of decades. The most important technological impact, however, still lies in the future. The rise of artificial intelligence has the potential to upend both the job market and our overall economic system in ways that are far more dramatic—and foundational—than anything we have seen previously.

This transition did result in significant short- and medium-term unemployment as displaced farm workers migrated to cities in search of factory work. Eventually, however, the unemployed workers were absorbed by a rising manufacturing sector, and over the long run, average wages as well as overall prosperity increased dramatically. Later, factories automated or moved offshore, and workers transitioned again, this time to the service sector. Today, nearly eighty percent of the American workforce is employed in service industries. The key question is whether the job market disruption that results from the impact of artificial intelligence will lead to a similar outcome.


pages: 339 words: 88,732

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies by Erik Brynjolfsson, Andrew McAfee

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, access to a mobile phone, additive manufacturing, Airbnb, Alan Greenspan, Albert Einstein, Amazon Mechanical Turk, Amazon Web Services, American Society of Civil Engineers: Report Card, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, barriers to entry, basic income, Baxter: Rethink Robotics, Boston Dynamics, British Empire, business cycle, business intelligence, business process, call centre, carbon tax, Charles Lindbergh, Chuck Templeton: OpenTable:, clean water, combinatorial explosion, computer age, computer vision, congestion charging, congestion pricing, corporate governance, cotton gin, creative destruction, crowdsourcing, data science, David Ricardo: comparative advantage, digital map, driverless car, employer provided health coverage, en.wikipedia.org, Erik Brynjolfsson, factory automation, Fairchild Semiconductor, falling living standards, Filter Bubble, first square of the chessboard / second half of the chessboard, Frank Levy and Richard Murnane: The New Division of Labor, Freestyle chess, full employment, G4S, game design, general purpose technology, global village, GPS: selective availability, Hans Moravec, happiness index / gross national happiness, illegal immigration, immigration reform, income inequality, income per capita, indoor plumbing, industrial robot, informal economy, intangible asset, inventory management, James Watt: steam engine, Jeff Bezos, Jevons paradox, jimmy wales, job automation, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Kevin Kelly, Khan Academy, Kiva Systems, knowledge worker, Kodak vs Instagram, law of one price, low skilled workers, Lyft, Mahatma Gandhi, manufacturing employment, Marc Andreessen, Mark Zuckerberg, Mars Rover, mass immigration, means of production, Narrative Science, Nate Silver, natural language processing, Network effects, new economy, New Urbanism, Nicholas Carr, Occupy movement, oil shale / tar sands, oil shock, One Laptop per Child (OLPC), pattern recognition, Paul Samuelson, payday loans, post-work, power law, price stability, Productivity paradox, profit maximization, Ralph Nader, Ray Kurzweil, recommendation engine, Report Card for America’s Infrastructure, Robert Gordon, Robert Solow, Rodney Brooks, Ronald Reagan, search costs, Second Machine Age, self-driving car, sharing economy, Silicon Valley, Simon Kuznets, six sigma, Skype, software patent, sovereign wealth fund, speech recognition, statistical model, Steve Jobs, Steven Pinker, Stuxnet, supply-chain management, TaskRabbit, technological singularity, telepresence, The Bell Curve by Richard Herrnstein and Charles Murray, the Cathedral and the Bazaar, the long tail, The Signal and the Noise by Nate Silver, The Wealth of Nations by Adam Smith, total factor productivity, transaction costs, Tyler Cowen, Tyler Cowen: Great Stagnation, Vernor Vinge, warehouse robotics, Watson beat the top human players on Jeopardy!, winner-take-all economy, Y2K

Each time the task changes—each time the location of the screw holes move, for example—production must stop until the machinery is reprogrammed. Today’s factories, especially large ones in high-wage countries, are highly automated, but they’re not full of general-purpose robots. They’re full of dedicated, specialized machinery that’s expensive to buy, configure, and reconfigure. Rethinking Factory Automation Rodney Brooks, who co-founded iRobot, noticed something else about modern, highly automated factory floors: people are scarce, but they’re not absent. And a lot of the work they do is repetitive and mindless. On a line that fills up jelly jars, for example, machines squirt a precise amount of jelly into each jar, screw on the top, and stick on the label, but a person places the empty jars on the conveyor belt to start the process.

And in the basic model all labor is affected equally by technology, meaning every hour worked produces more value than it used to. A slightly more complex model allows for the possibility that technology may not affect all inputs equally, but rather may be ‘biased’ toward some and against others. In particular, in recent years, technologies like payroll processing software, factory automation, computer-controlled machines, automated inventory control, and word processing have been deployed for routine work, substituting for workers in clerical tasks, on the factory floor, and doing rote information processing. By contrast, technologies like big data and analytics, high-speed communications, and rapid prototyping have augmented the contributions made by more abstract and data-driven reasoning, and in turn have increased the value of people with the right engineering, creative, or design skills.


pages: 307 words: 92,165

Fabricated: The New World of 3D Printing by Hod Lipson, Melba Kurman

3D printing, a long time ago in a galaxy far, far away, additive manufacturing, barriers to entry, Berlin Wall, carbon footprint, Charles Babbage, cloud computing, crowdsourcing, DIY culture, dumpster diving, Easter island, en.wikipedia.org, factory automation, Free Software Foundation, game design, global supply chain, invisible hand, James Watt: steam engine, Jeff Bezos, Kickstarter, Lean Startup, lifelogging, Mars Rover, Marshall McLuhan, microcredit, Minecraft, Neal Stephenson, new economy, off grid, personalized medicine, planned obsolescence, printed gun, Ray Kurzweil, Richard Feynman, stem cell, Steve Jobs, technological singularity, TED Talk, the long tail, the market place

The crew member’s job is to make sure no one walks on site during construction. The brains of the outfit is a small computer attached to the construction crane that guides the fabrication process. The neighborhood has been watching the FoamHome project with great interest as the home’s walls slowly grow. What was that old joke about the early days of factory automation? “All you need these days to run a factory is a man and a dog. You need the man to feed the dog and the dog to bite the man if he tries to touch anything.” So far, the slowly growing house looks gorgeous, its walls curved in organic patterns and soft curves and hollows. Nobody could build a house like this with frame carpentry, no matter how many people worked on the construction crew.

While doing research for this book, we learned that 3D printing is taking root in former manufacturing regions, in the economically decaying rust belt of upstate New York and parts of the Midwest. In these businesses, in many cases, employees are alumni of now defunct local manufacturing plants. When their jobs dried up under the dual assault of outsourced production and factory automation, laid off employees faced a difficult decision: should they move away to where the jobs are, or should they find a way to stay put and somehow make it work? In the past, no small business could have afforded to buy an industrial-scale 3D printer and pay for enough computing power to run industrial design software.


pages: 626 words: 167,836

The Technology Trap: Capital, Labor, and Power in the Age of Automation by Carl Benedikt Frey

3D printing, AlphaGo, Alvin Toffler, autonomous vehicles, basic income, Bernie Sanders, Branko Milanovic, British Empire, business cycle, business process, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, Charles Babbage, Clayton Christensen, collective bargaining, computer age, computer vision, Corn Laws, Cornelius Vanderbilt, creative destruction, data science, David Graeber, David Ricardo: comparative advantage, deep learning, DeepMind, deindustrialization, demographic transition, desegregation, deskilling, Donald Trump, driverless car, easy for humans, difficult for computers, Edward Glaeser, Elon Musk, Erik Brynjolfsson, everywhere but in the productivity statistics, factory automation, Fairchild Semiconductor, falling living standards, first square of the chessboard / second half of the chessboard, Ford Model T, Ford paid five dollars a day, Frank Levy and Richard Murnane: The New Division of Labor, full employment, future of work, game design, general purpose technology, Gini coefficient, Great Leap Forward, Hans Moravec, high-speed rail, Hyperloop, income inequality, income per capita, independent contractor, industrial cluster, industrial robot, intangible asset, interchangeable parts, Internet of things, invention of agriculture, invention of movable type, invention of the steam engine, invention of the wheel, Isaac Newton, James Hargreaves, James Watt: steam engine, Jeremy Corbyn, job automation, job satisfaction, job-hopping, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Kickstarter, Kiva Systems, knowledge economy, knowledge worker, labor-force participation, labour mobility, Lewis Mumford, Loebner Prize, low skilled workers, machine translation, Malcom McLean invented shipping containers, manufacturing employment, mass immigration, means of production, Menlo Park, minimum wage unemployment, natural language processing, new economy, New Urbanism, Nick Bostrom, Norbert Wiener, nowcasting, oil shock, On the Economy of Machinery and Manufactures, OpenAI, opioid epidemic / opioid crisis, Pareto efficiency, pattern recognition, pink-collar, Productivity paradox, profit maximization, Renaissance Technologies, rent-seeking, rising living standards, Robert Gordon, Robert Solow, robot derives from the Czech word robota Czech, meaning slave, safety bicycle, Second Machine Age, secular stagnation, self-driving car, seminal paper, Silicon Valley, Simon Kuznets, social intelligence, sparse data, speech recognition, spinning jenny, Stephen Hawking, tacit knowledge, The Future of Employment, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Malthus, total factor productivity, trade route, Triangle Shirtwaist Factory, Turing test, union organizing, universal basic income, warehouse automation, washing machines reduced drudgery, wealth creators, women in the workforce, working poor, zero-sum game

Office employees think the broad impact of office automation is to eliminate jobs and regard the methods changes as temporarily disruptive, but they often welcome change and rarely reject mechanization as such. Attitudes toward change appear to depend on the ability of the individual to deal effectively with change and on the skill with which the organization manages the change. Studies of factory automation suggest that automated plants are preferred as work places to less advanced plants, although they provide important sources of dissatisfaction. The sources of satisfaction and dissatisfaction vary over the course of adjustment to automation.43 To be sure, none of these studies surveyed displaced workers, and it stands to reason that those who found their jobs taken over by machines had less favorable attitudes toward automation.

Machine operations had become even more subdivided. Workers’ jobs were turned into mechanical motions, in which conveyors brought the task to the worker. Such specialization greatly increased productivity in American factories but brought greater monotony for the worker. From this point of view, factory automation can be regarded as a blessing because it meant that industrial robots, controlled by computers, could eliminate the need for direct human intervention in operating machines. Instead of having workers specializing in machine tending, many routine tasks could suddenly be performed by robots with a higher degree of accuracy.

It is not perfect, but because the system can learn on its own, it is improving at a far faster rate than machines of the past.42 Thus, while robots are still far from having human-level capabilities when it comes to perception and manipulation tasks, they are becoming sufficiently sophisticated to handle gripping tasks in a structured warehouse setting, like picking items and parcels off a pallet and placing them into cartons or boxes. Just as robots entered the factories, they are gradually making an appearance outside manufacturing. Warehouse automation today is probably where factory automation was in the 1980s. It is true that many of the AI technologies discussed above are still imperfect prototypes. But it is important to remember that just about every technology was imperfect in its early days. To most observers, for example, the first telephones seemed ridiculous. Getting used to hearing a disembodied voice through an earpiece was an experience entirely different from any previous form of communication.


pages: 484 words: 104,873

Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford

3D printing, additive manufacturing, Affordable Care Act / Obamacare, AI winter, algorithmic management, algorithmic trading, Amazon Mechanical Turk, artificial general intelligence, assortative mating, autonomous vehicles, banking crisis, basic income, Baxter: Rethink Robotics, Bernie Madoff, Bill Joy: nanobots, bond market vigilante , business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Charles Babbage, Chris Urmson, Clayton Christensen, clean water, cloud computing, collateralized debt obligation, commoditize, computer age, creative destruction, data science, debt deflation, deep learning, deskilling, digital divide, disruptive innovation, diversified portfolio, driverless car, Erik Brynjolfsson, factory automation, financial innovation, Flash crash, Ford Model T, Fractional reserve banking, Freestyle chess, full employment, general purpose technology, Geoffrey Hinton, Goldman Sachs: Vampire Squid, Gunnar Myrdal, High speed trading, income inequality, indoor plumbing, industrial robot, informal economy, iterative process, Jaron Lanier, job automation, John Markoff, John Maynard Keynes: technological unemployment, John von Neumann, Kenneth Arrow, Khan Academy, Kiva Systems, knowledge worker, labor-force participation, large language model, liquidity trap, low interest rates, low skilled workers, low-wage service sector, Lyft, machine readable, machine translation, manufacturing employment, Marc Andreessen, McJob, moral hazard, Narrative Science, Network effects, new economy, Nicholas Carr, Norbert Wiener, obamacare, optical character recognition, passive income, Paul Samuelson, performance metric, Peter Thiel, plutocrats, post scarcity, precision agriculture, price mechanism, public intellectual, Ray Kurzweil, rent control, rent-seeking, reshoring, RFID, Richard Feynman, Robert Solow, Rodney Brooks, Salesforce, Sam Peltzman, secular stagnation, self-driving car, Silicon Valley, Silicon Valley billionaire, Silicon Valley startup, single-payer health, software is eating the world, sovereign wealth fund, speech recognition, Spread Networks laid a new fibre optics cable between New York and Chicago, stealth mode startup, stem cell, Stephen Hawking, Steve Jobs, Steven Levy, Steven Pinker, strong AI, Stuxnet, technological singularity, telepresence, telepresence robot, The Bell Curve by Richard Herrnstein and Charles Murray, The Coming Technological Singularity, The Future of Employment, the long tail, Thomas L Friedman, too big to fail, Tragedy of the Commons, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, union organizing, Vernor Vinge, very high income, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, women in the workforce

That results in an astonishing ability to rapidly ramp up production or adjust to product design changes, but it also puts extreme pressure on workers—as evidenced by the near epidemic of suicides that occurred at Foxconn facilities in 2010. Robots, of course, have the ability to work continuously, and as they become more flexible and easier to train for new tasks, they will become an increasingly attractive alternative to human workers, even when wages are low. The trend toward increased factory automation in developing countries is by no means limited to China. Clothing and shoe production, for example, continues to be one of the most labor-intensive sectors of manufacturing, and factories have been transitioning from China to even lower-wage countries like Vietnam and Indonesia. In June 2013, athletic-shoe manufacturer Nike announced that rising wages in Indonesia had negatively impacted its quarterly financial numbers.

The technology will be used where it is most cost-effective: for example, in creating those parts that need to be customized, or perhaps in printing complex components that would otherwise require extensive assembly. Where 3D printing can’t be used to directly fabricate high-volume parts, it will often find a role in rapidly creating the molds and tools required in traditional manufacturing techniques. In other words, 3D printing is likely to end up being another form of factory automation. Manufacturing robots and industrial printers will work in unison—and increasingly without the involvement of workers. Three-dimensional printers can be used with virtually any type of material, and the technology is finding many important uses outside of manufacturing. Perhaps the most exotic application is in printing human organs.


pages: 202 words: 59,883

Age of Context: Mobile, Sensors, Data and the Future of Privacy by Robert Scoble, Shel Israel

Albert Einstein, Apple II, augmented reality, call centre, Chelsea Manning, cloud computing, connected car, driverless car, Edward Snowden, Edward Thorp, Elon Musk, factory automation, Filter Bubble, G4S, gamification, Google Earth, Google Glasses, Internet of things, job automation, John Markoff, Kickstarter, lifelogging, Marc Andreessen, Marc Benioff, Mars Rover, Menlo Park, Metcalfe’s law, New Urbanism, PageRank, pattern recognition, RFID, ride hailing / ride sharing, Robert Metcalfe, Salesforce, Saturday Night Live, self-driving car, sensor fusion, Silicon Valley, Skype, smart grid, social graph, speech recognition, Steve Jobs, Steve Wozniak, Steven Levy, Tesla Model S, Tim Cook: Apple, TSMC, ubercab, urban planning, Zipcar

Sensors go back a very long way. In the mid-1600s Evangelista Torricelli, an Italian physicist, invented a way to measure atmospheric pressure by using mercury in a vacuum tube called a Torricellian Tube. Most people know it as a barometer. Sensors’ full capability began about 50 years ago when factory automation started to come into play. Unlike people, sensors work tirelessly, never needing sleep and never demanding a raise. They notice changes where humans miss them, thus ensuring labels are correctly affixed to bottles moving through a factory assembly line. They are used in nuclear power plants for early detection of leaks.


pages: 261 words: 10,785

The Lights in the Tunnel by Martin Ford

Alan Greenspan, Albert Einstein, Bear Stearns, Bill Joy: nanobots, Black-Scholes formula, business cycle, call centre, carbon tax, cloud computing, collateralized debt obligation, commoditize, Computing Machinery and Intelligence, creative destruction, credit crunch, double helix, en.wikipedia.org, factory automation, full employment, income inequality, index card, industrial robot, inventory management, invisible hand, Isaac Newton, job automation, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, knowledge worker, low skilled workers, mass immigration, Mitch Kapor, moral hazard, pattern recognition, prediction markets, Productivity paradox, Ray Kurzweil, Robert Solow, Search for Extraterrestrial Intelligence, Silicon Valley, Stephen Hawking, strong AI, technological singularity, the long tail, Thomas L Friedman, Turing test, Vernor Vinge, War on Poverty, warehouse automation, warehouse robotics

It is important to note that such a change in the relationship between workers and machines will have a worldwide impact. Advanced machine automation will come to low wage countries as well as developed nations. A 2003 article in AutomationWorld pointed out that “productivity gains spawned by factory automation are driving a worldwide decline in manufacturing jobs, even in developing nations.”33 According to the article, even back in 2003, automation was causing significant job loss in Brazil, India and China. We cannot succumb to the temptation to assume that the rising middle classes in China and India are going to solve the demand problem.


pages: 244 words: 66,977

Subscribed: Why the Subscription Model Will Be Your Company's Future - and What to Do About It by Tien Tzuo, Gabe Weisert

3D printing, Airbnb, airport security, Amazon Web Services, augmented reality, autonomous vehicles, Big Tech, bike sharing, blockchain, Brexit referendum, Build a better mousetrap, business cycle, business intelligence, business process, call centre, cloud computing, cognitive dissonance, connected car, data science, death of newspapers, digital nomad, digital rights, digital twin, double entry bookkeeping, Elon Musk, factory automation, fake news, fiat currency, Ford Model T, fulfillment center, growth hacking, hockey-stick growth, Internet of things, inventory management, iterative process, Jeff Bezos, John Zimmer (Lyft cofounder), Kevin Kelly, Lean Startup, Lyft, manufacturing employment, Marc Benioff, Mary Meeker, megaproject, minimum viable product, natural language processing, Network effects, Nicholas Carr, nuclear winter, pets.com, planned obsolescence, pneumatic tube, profit maximization, race to the bottom, ride hailing / ride sharing, Salesforce, Sand Hill Road, shareholder value, Silicon Valley, skunkworks, smart meter, social graph, software as a service, spice trade, Steve Ballmer, Steve Jobs, subscription business, systems thinking, tech worker, TED Talk, Tim Cook: Apple, transport as a service, Uber and Lyft, uber lyft, WeWork, Y2K, Zipcar

As industrial systems thinker Olivier Scalabre pointed out in a great 2016 TED talk, every sustained period of global economic growth over the last 150 years has been instigated by a manufacturing innovation—the steam train in the nineteenth century, the era of mass production at the start of the twentieth century, and the first wave of factory automation that began in the 1970s. But today we are emerging from a long period of stagnation. As Scalabre notes: It’s not as if we’ve done nothing since the last manufacturing revolution. Actually we’ve made some pretty lame attempts to try to revitalize it. For example, we’ve tried to relocate our factories offshore in order to reduce cost and take advantage of cheap labor.


In the Age of the Smart Machine by Shoshana Zuboff

affirmative action, American ideology, blue-collar work, collective bargaining, computer age, Computer Numeric Control, conceptual framework, data acquisition, demand response, deskilling, factory automation, Ford paid five dollars a day, fudge factor, future of work, industrial robot, information retrieval, interchangeable parts, job automation, lateral thinking, linked data, Marshall McLuhan, means of production, old-boy network, optical character recognition, Panopticon Jeremy Bentham, pneumatic tube, post-industrial society, radical decentralization, RAND corporation, scientific management, Shoshana Zuboff, social web, systems thinking, tacit knowledge, The Wealth of Nations by Adam Smith, Thorstein Veblen, union organizing, vertical integration, work culture , zero-sum game

There is ample evidence to suggest that these plants are highly repre- sentative among manufacturing organizations in the manner in which they have chosen to interpret new information technology. One Hon- eywell Corporation survey, which probed human resource planning in- stituted by major corporations in conjunction with factory automation, found that only one company out of fifteen had a recognized method for assessing the human resource impact of factory automation. Not a single firm had a process for actually addressing impacts, from educa- tional needs to work force reduction issues. 5 Another survey of plant managers conducted by Honeywell Corporation among its major cus- tomers for integrated information and control technology found that, almost without exception, the "technology ideal" reported by plant managers was having one screen in their office from which they could operate the entire plant. 6 Ramchandran Jaikumar studied installations of flexible manufacturing systems and concluded that u.s. managers tend to use these systems in ways that rigidify the production process and increase central control, thus missing the real opportunities for adaptibility and customization such systems can provide. 7 In a detailed study of the history of numerical control machine tools, David Noble documents the series of technological choices that fa- vored forms of automation which concentrated knowledge and control in the managerial omain.


pages: 285 words: 86,853

What Algorithms Want: Imagination in the Age of Computing by Ed Finn

Airbnb, Albert Einstein, algorithmic bias, algorithmic management, algorithmic trading, AlphaGo, Amazon Mechanical Turk, Amazon Web Services, bitcoin, blockchain, business logic, Charles Babbage, Chuck Templeton: OpenTable:, Claude Shannon: information theory, commoditize, Computing Machinery and Intelligence, Credit Default Swap, crowdsourcing, cryptocurrency, data science, DeepMind, disruptive innovation, Donald Knuth, Donald Shoup, Douglas Engelbart, Douglas Engelbart, Elon Musk, Evgeny Morozov, factory automation, fiat currency, Filter Bubble, Flash crash, game design, gamification, Google Glasses, Google X / Alphabet X, Hacker Conference 1984, High speed trading, hiring and firing, Ian Bogost, industrial research laboratory, invisible hand, Isaac Newton, iterative process, Jaron Lanier, Jeff Bezos, job automation, John Conway, John Markoff, Just-in-time delivery, Kickstarter, Kiva Systems, late fees, lifelogging, Loebner Prize, lolcat, Lyft, machine readable, Mother of all demos, Nate Silver, natural language processing, Neal Stephenson, Netflix Prize, new economy, Nicholas Carr, Nick Bostrom, Norbert Wiener, PageRank, peer-to-peer, Peter Thiel, power law, Ray Kurzweil, recommendation engine, Republic of Letters, ride hailing / ride sharing, Satoshi Nakamoto, self-driving car, sharing economy, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Silicon Valley startup, SimCity, Skinner box, Snow Crash, social graph, software studies, speech recognition, statistical model, Steve Jobs, Steven Levy, Stewart Brand, supply-chain management, tacit knowledge, TaskRabbit, technological singularity, technological solutionism, technoutopianism, the Cathedral and the Bazaar, The Coming Technological Singularity, the scientific method, The Signal and the Noise by Nate Silver, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, transaction costs, traveling salesman, Turing machine, Turing test, Uber and Lyft, Uber for X, uber lyft, urban planning, Vannevar Bush, Vernor Vinge, wage slave

In terms of their power relationship to global algorithmic systems, the lives of American cloud workers are not that different from the well-known miseries of Apple contractor FoxConn’s massive facilities in China.44 There workers, some children as young as fourteen, have persistently suffered under incredibly long hours, dangerous working conditions, and other serious problems.45 Terry Gou, the company’s chairman, put it bluntly in 2012: “[We have] a workforce of over one million worldwide and as human beings are also animals, to manage one million animals gives me a headache.”46 So far, corporations have been unable to escape what William Gibson once called meatspace, the squishy realm of biological materiality. Biopower fuels many crucial aspects of the interface economy, though advances in robotics and artificial intelligence may one day eliminate the jobs most of these “animals” hold. In addition to spending $775 million to acquire the factory automation firm Kiva Systems, Amazon is already testing out robot arms and other automated systems that could eliminate the human job of picker entirely.47 Like the intense logistical requirements of Amazon’s same-day delivery services, FoxConn’s conditions are underwritten by Apple’s relationship with its consumers.


pages: 324 words: 92,805

The Impulse Society: America in the Age of Instant Gratification by Paul Roberts

"Friedman doctrine" OR "shareholder theory", 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, Abraham Maslow, accounting loophole / creative accounting, activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, Alan Greenspan, American Society of Civil Engineers: Report Card, AOL-Time Warner, asset allocation, business cycle, business process, carbon tax, Carl Icahn, Cass Sunstein, centre right, choice architecture, classic study, collateralized debt obligation, collective bargaining, computerized trading, corporate governance, corporate raider, corporate social responsibility, creative destruction, crony capitalism, David Brooks, delayed gratification, disruptive innovation, double helix, Evgeny Morozov, factory automation, financial deregulation, financial engineering, financial innovation, fixed income, Ford Model T, full employment, game design, Glass-Steagall Act, greed is good, If something cannot go on forever, it will stop - Herbert Stein's Law, impulse control, income inequality, inflation targeting, insecure affluence, invisible hand, It's morning again in America, job automation, John Markoff, Joseph Schumpeter, junk bonds, knowledge worker, late fees, Long Term Capital Management, loss aversion, low interest rates, low skilled workers, mass immigration, Michael Shellenberger, new economy, Nicholas Carr, obamacare, Occupy movement, oil shale / tar sands, performance metric, postindustrial economy, profit maximization, Report Card for America’s Infrastructure, reshoring, Richard Thaler, rising living standards, Robert Shiller, Rodney Brooks, Ronald Reagan, shareholder value, Silicon Valley, speech recognition, Steve Jobs, stock buybacks, technological determinism, technological solutionism, technoutopianism, Ted Nordhaus, the built environment, the long tail, The Predators' Ball, the scientific method, The Wealth of Nations by Adam Smith, Thorstein Veblen, too big to fail, total factor productivity, Tyler Cowen, Tyler Cowen: Great Stagnation, value engineering, Walter Mischel, winner-take-all economy

Where innovation was once a tool to improve the productivity of the entire economy—companies and workers, capital and labor—it’s more exclusive today. Increasingly, innovation improves the productivity of capital, via faster returns, while leaving labor’s productivity largely unchanged, or even slowed. For instance, where early moves toward factory automation were generally associated with increased worker productivity—that is, each factory worker could now produce more output per hour and thus merit a higher wage—the “innovation” of offshoring has often yielded lower worker productivity. Chinese factory workers in the 1990s were substantially less productive than their U.S. counterparts,15 which companies compensated for by piling on more workers.


pages: 372 words: 89,876

The Connected Company by Dave Gray, Thomas Vander Wal

A Pattern Language, Alan Greenspan, Albert Einstein, Amazon Mechanical Turk, Amazon Web Services, Atul Gawande, Berlin Wall, business cycle, business process, call centre, Clayton Christensen, commoditize, complexity theory, creative destruction, David Heinemeier Hansson, digital rights, disruptive innovation, en.wikipedia.org, factory automation, folksonomy, Googley, index card, industrial cluster, interchangeable parts, inventory management, Jeff Bezos, John Markoff, Kevin Kelly, loose coupling, low cost airline, market design, minimum viable product, more computing power than Apollo, power law, profit maximization, Richard Florida, Ruby on Rails, Salesforce, scientific management, self-driving car, shareholder value, side project, Silicon Valley, skunkworks, software as a service, South of Market, San Francisco, Steve Jobs, Steven Levy, Stewart Brand, subscription business, systems thinking, tacit knowledge, The Wealth of Nations by Adam Smith, Tony Hsieh, Toyota Production System, two-pizza team, Vanguard fund, web application, WikiLeaks, work culture , Zipcar

We were sure that American workers would never put up with these paternalistic practices. Then, of course, Toyota started building plants in the United States, and they got the same results here they got in Japan—so our cultural excuse went out the window. For the next five years, we focused on Toyota’s manufacturing processes. We studied their use of factory automation, their supplier relationships, just-in-time systems, everything. But despite all our benchmarking, we could never seem to get the same results in our own factories. It’s only in the last five years that we’ve finally admitted to ourselves that Toyota’s success is based on a wholly different set of principles—about the capabilities of its employees and the responsibilities of its leaders.


pages: 338 words: 92,465

Reskilling America: Learning to Labor in the Twenty-First Century by Katherine S. Newman, Hella Winston

active measures, blue-collar work, business cycle, collective bargaining, Computer Numeric Control, deindustrialization, desegregation, factory automation, high-speed rail, information security, intentional community, interchangeable parts, invisible hand, job-hopping, knowledge economy, longitudinal study, low skilled workers, performance metric, proprietary trading, reshoring, Ronald Reagan, Silicon Valley, social intelligence, two tier labour market, union organizing, upwardly mobile, W. E. B. Du Bois, War on Poverty, Wolfgang Streeck, working poor

At Piedmont Technical College’s Center for Advanced Manufacturing in Laurens, South Carolina, fifteen young men (no women) are working in small groups, building model conveyor belts using a combination of sensors (inductive and optical) and a software program. Most of them are in a two-year AA program, working toward a degree in mechatronics, which one of them describes as “the study of factory automation.” Some of the students in the class came to Piedmont Technical College (PTC) right out of high school, while others took a less direct route: They held low-wage fast-food jobs or low-skill factory jobs. PTC’s promotional materials emphasize that its graduates will be “career ready” the day they graduate and will earn 30 percent more than high-school graduates (they also note that some graduates start out earning more than $50,000 a year).


pages: 291 words: 92,406

Thinking in Pictures: And Other Reports From My Life With Autism by Temple Grandin

Albert Einstein, Apollo 11, Asperger Syndrome, autism spectrum disorder, factory automation, Gregor Mendel, randomized controlled trial, Richard Feynman, selective serotonin reuptake inhibitor (SSRI), social intelligence, source of truth, theory of mind, twin studies

Children who are visual thinkers will often be good at drawing, other arts, and building things with building toys such as Legos. Many children who are visual thinkers like maps, flags, and photographs. Visual thinkers are well suited to jobs in drafting, graphic design, training animals, auto mechanics, jewelry making, construction, and factory automation. 2. Music and math thinkers think in patterns. These people often excel at math, chess, and computer programming. Some of these individuals have explained to me that they see patterns and relationships between patterns and numbers instead of photographic images. As children they may play music by ear and be interested in music.


pages: 347 words: 86,274

The Power of Glamour: Longing and the Art of Visual Persuasion by Virginia Postrel

Charles Lindbergh, cloud computing, Dr. Strangelove, factory automation, Frank Gehry, General Motors Futurama, hydroponic farming, indoor plumbing, job automation, Lewis Mumford, mass immigration, Nelson Mandela, New Urbanism, off-the-grid, placebo effect, Ralph Waldo Emerson, reality distortion field, Ronald Reagan, Saturday Night Live, Silicon Valley, Steve Jobs, TED Talk, Thomas L Friedman, urban planning, urban renewal, washing machines reduced drudgery, young professional

“A perfectly ordered mechanical civilization” could replace unpredictable, stressful, and seemingly haphazard developments with something more harmonious and efficient.53 Here was a future with a blueprint. Social and economic planning promised to control the turbulence that made modernity so unnerving—and to do so in a way that was as scientific as factory automation. “One thing we are confident we know about this world we hope to build,” wrote the industrial designer Walter Dorwin Teague, “and that is that it will be free from the confusions, wastes, and frustrations that we can see all around us today. . . . It will have the perfect integration of parts we see today in some of our products that machine production makes possible.”54 Planning offered, wrote the British socialists Sidney and Beatrice Webb, “the only alternative to the anarchy of individual profit-seeking,” with “its devastating alternation of booms and slumps.”55 Centralized coordination would eliminate wasteful competition and duplication.


pages: 761 words: 231,902

The Singularity Is Near: When Humans Transcend Biology by Ray Kurzweil

additive manufacturing, AI winter, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Albert Einstein, anthropic principle, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, backpropagation, Benoit Mandelbrot, Bill Joy: nanobots, bioinformatics, brain emulation, Brewster Kahle, Brownian motion, business cycle, business intelligence, c2.com, call centre, carbon-based life, cellular automata, Charles Babbage, Claude Shannon: information theory, complexity theory, conceptual framework, Conway's Game of Life, coronavirus, cosmological constant, cosmological principle, cuban missile crisis, data acquisition, Dava Sobel, David Brooks, Dean Kamen, digital divide, disintermediation, double helix, Douglas Hofstadter, en.wikipedia.org, epigenetics, factory automation, friendly AI, functional programming, George Gilder, Gödel, Escher, Bach, Hans Moravec, hype cycle, informal economy, information retrieval, information security, invention of the telephone, invention of the telescope, invention of writing, iterative process, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John von Neumann, Kevin Kelly, Law of Accelerating Returns, life extension, lifelogging, linked data, Loebner Prize, Louis Pasteur, mandelbrot fractal, Marshall McLuhan, Mikhail Gorbachev, Mitch Kapor, mouse model, Murray Gell-Mann, mutually assured destruction, natural language processing, Network effects, new economy, Nick Bostrom, Norbert Wiener, oil shale / tar sands, optical character recognition, PalmPilot, pattern recognition, phenotype, power law, precautionary principle, premature optimization, punch-card reader, quantum cryptography, quantum entanglement, radical life extension, randomized controlled trial, Ray Kurzweil, remote working, reversible computing, Richard Feynman, Robert Metcalfe, Rodney Brooks, scientific worldview, Search for Extraterrestrial Intelligence, selection bias, semantic web, seminal paper, Silicon Valley, Singularitarianism, speech recognition, statistical model, stem cell, Stephen Hawking, Stewart Brand, strong AI, Stuart Kauffman, superintelligent machines, technological singularity, Ted Kaczynski, telepresence, The Coming Technological Singularity, Thomas Bayes, transaction costs, Turing machine, Turing test, two and twenty, Vernor Vinge, Y2K, Yogi Berra

The latest generation of robots uses flexible Al-based machine-vision systems—from companies such as Cognex Corporation in Natick, Massachusetts—that can respond flexibly to varying conditions. This reduces the need for precise setup for the robot to operate correctly. Brian Carlisle, CEO of Adept Technologies, a Livermore, California, factory-automation company, points out that "even if labor costs were eliminated [as a consideration], a strong case can still be made for automating with robots and other flexible automation. In addition to quality and throughput, users gain by enabling rapid product changeover and evolution that can't be matched with hard tooling."

In my current projects teams of just three or four people achieve in a few months objectives that are comparable to what twenty-five years ago required a team of a dozen or more people working for a year or more. Software Complexity. Twenty years ago software programs typically consisted of thousands to tens of thousands of lines. Today, mainstream programs (for example, supply-channel control, factory automation, reservation systems, biochemical simulation) are measured in millions of lines or more. Software for major defense systems such as the Joint Strike Fighter contains tens of millions of lines. Software to control software is itself rapidly increasing in complexity. IBM is pioneering the concept of autonomic computing, in which routine information-technology support functions will be automated.7 These systems will be programmed with models of their own behavior and will be capable, according to IBM, of being "self-configuring, self-healing, self-optimizing, and self-protecting."


pages: 370 words: 102,823

Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth by Michael Jacobs, Mariana Mazzucato

Alan Greenspan, balance sheet recession, banking crisis, basic income, Bear Stearns, Bernie Sanders, Bretton Woods, business climate, business cycle, carbon tax, Carmen Reinhart, central bank independence, circular economy, collaborative economy, complexity theory, conceptual framework, corporate governance, corporate social responsibility, creative destruction, credit crunch, Credit Default Swap, crony capitalism, David Ricardo: comparative advantage, decarbonisation, degrowth, deindustrialization, dematerialisation, Detroit bankruptcy, double entry bookkeeping, Elon Musk, endogenous growth, energy security, eurozone crisis, factory automation, facts on the ground, fiat currency, Financial Instability Hypothesis, financial intermediation, Ford Model T, forward guidance, full employment, G4S, general purpose technology, Gini coefficient, Growth in a Time of Debt, Hyman Minsky, income inequality, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), Internet of things, investor state dispute settlement, invisible hand, Isaac Newton, Joseph Schumpeter, Kenneth Rogoff, Kickstarter, knowledge economy, labour market flexibility, low interest rates, low skilled workers, Martin Wolf, mass incarceration, military-industrial complex, Modern Monetary Theory, Money creation, Mont Pelerin Society, neoliberal agenda, Network effects, new economy, non-tariff barriers, ocean acidification, paradox of thrift, Paul Samuelson, planned obsolescence, Post-Keynesian economics, price stability, private sector deleveraging, quantitative easing, QWERTY keyboard, railway mania, rent-seeking, road to serfdom, savings glut, Second Machine Age, secular stagnation, shareholder value, sharing economy, Silicon Valley, Solyndra, Steve Jobs, stock buybacks, systems thinking, the built environment, The Great Moderation, The Spirit Level, Thorstein Veblen, too big to fail, total factor productivity, Tragedy of the Commons, transaction costs, trickle-down economics, universal basic income, vertical integration, very high income

The problem is that, contrary to Marx, the introduction and diffusion of the more automated technology did not undermine the position of the adult-male mule spinners in the production process.17 Well into the twentieth century, adult-male mule spinners, known as ‘minders’, remained the principal workers on the ‘self-acting’ machines, and indeed by the final decades of the nineteenth century had become one of the best-organised and best-financed craft unions in Britain.18 More generally, even in the presence of factory automation, skilled shop-floor workers remained central to British manufacturing into the second half of the twentieth century.19 An understanding of where Marx went wrong is of substantial relevance for understanding the sources of productivity growth in the capitalist economy, not only in his time but also in ours.


pages: 372 words: 101,678

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success by Scott Davis, Carter Copeland, Rob Wertheimer

3D printing, activist fund / activist shareholder / activist investor, additive manufacturing, Airbnb, airport security, asset light, barriers to entry, Big Tech, Boeing 747, business cycle, business process, clean water, commoditize, coronavirus, corporate governance, COVID-19, data science, disruptive innovation, Elisha Otis, Elon Musk, factory automation, fail fast, financial engineering, Ford Model T, global pandemic, hydraulic fracturing, Internet of things, iterative process, junk bonds, Kaizen: continuous improvement, Kanban, low cost airline, Marc Andreessen, Mary Meeker, megacity, Michael Milken, Network effects, new economy, Ponzi scheme, profit maximization, random walk, RFID, ride hailing / ride sharing, risk tolerance, Salesforce, shareholder value, Silicon Valley, six sigma, skunkworks, software is eating the world, strikebreaker, tech billionaire, TED Talk, Toyota Production System, Uber for X, value engineering, warehouse automation, WeWork, winner-take-all economy

At the time, the press typically referred to GE as “the lumbering giant,” not exactly the reputation that Welch wanted to sustain. Welch was a young (mid-forties) and aggressive leader who saw much bigger potential. His first five years were spent cutting layers of management and pushing decision-making down through the organization. He also invested heavily in factory automation and pushed productivity onto the factory floor, a campaign that culminated in the 1990s with the aggressive adoption of Six Sigma (a system for extreme quality control). (See Figure 1.2.) Figure 1.2: The Jack Welch years (1981–2001). Source: General Electric filings, press reports; Bloomberg Meanwhile he pushed his executives to boost market share and find new areas of growth.


pages: 346 words: 97,890

The Road to Conscious Machines by Michael Wooldridge

Ada Lovelace, AI winter, algorithmic bias, AlphaGo, Andrew Wiles, Anthropocene, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, backpropagation, basic income, Bletchley Park, Boeing 747, British Empire, call centre, Charles Babbage, combinatorial explosion, computer vision, Computing Machinery and Intelligence, DARPA: Urban Challenge, deep learning, deepfake, DeepMind, Demis Hassabis, don't be evil, Donald Trump, driverless car, Elaine Herzberg, Elon Musk, Eratosthenes, factory automation, fake news, future of work, gamification, general purpose technology, Geoffrey Hinton, gig economy, Google Glasses, intangible asset, James Watt: steam engine, job automation, John von Neumann, Loebner Prize, Minecraft, Mustafa Suleyman, Nash equilibrium, Nick Bostrom, Norbert Wiener, NP-complete, P = NP, P vs NP, paperclip maximiser, pattern recognition, Philippa Foot, RAND corporation, Ray Kurzweil, Rodney Brooks, self-driving car, Silicon Valley, Stephen Hawking, Steven Pinker, strong AI, technological singularity, telemarketer, Tesla Model S, The Coming Technological Singularity, The Future of Employment, the scientific method, theory of mind, Thomas Bayes, Thomas Kuhn: the structure of scientific revolutions, traveling salesman, trolley problem, Turing machine, Turing test, universal basic income, Von Neumann architecture, warehouse robotics

This is a beguiling dream, although again not a new one – utopian AI features prominently in science fiction (although, interestingly, not as frequently as dystopian AI – perhaps it’s harder to write an interesting story about a future in which everyone is happy, healthy and well educated). At this point it is useful to reflect on the impact of microprocessor technology when it was developed in the 1970s and early 1980s. As we discussed above, the advent of microprocessors led to a wave of factory automation, and the public debate at that time, about the implications of microprocessor technology, had very much the same flavour as the present debate about the implications of AI. A confident prediction of that period was that, in the not too distant future, we would spend much less of our time in paid employment – three-day working weeks, or something like them, would become the norm, and leisure time would expand accordingly.


pages: 320 words: 95,629

Decoding the World: A Roadmap for the Questioner by Po Bronson

23andMe, 3D printing, 4chan, Abraham Maslow, Affordable Care Act / Obamacare, altcoin, Apple's 1984 Super Bowl advert, Asilomar, autonomous vehicles, basic income, Big Tech, bitcoin, blockchain, Burning Man, call centre, carbon credits, carbon tax, cognitive bias, cognitive dissonance, coronavirus, COVID-19, CRISPR, cryptocurrency, decarbonisation, deep learning, deepfake, DeepMind, dematerialisation, Donald Trump, driverless car, dumpster diving, edge city, Ethereum, ethereum blockchain, Eyjafjallajökull, factory automation, fake news, financial independence, Google X / Alphabet X, green new deal, income inequality, industrial robot, Isaac Newton, Jeff Bezos, Kevin Kelly, Kickstarter, Mars Rover, mass immigration, McMansion, means of production, microbiome, microplastics / micro fibres, oil shale / tar sands, opioid epidemic / opioid crisis, Paul Graham, paypal mafia, phenotype, Ponzi scheme, power law, quantum entanglement, Ronald Reagan, Sand Hill Road, sharing economy, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, smart contracts, source of truth, stem cell, Steve Jobs, Steve Jurvetson, sustainable-tourism, synthetic biology, Tesla Model S, too big to fail, trade route, universal basic income, Watson beat the top human players on Jeopardy!, women in the workforce

When the Industrial Revolution started in Britain 250 years ago with steam-driven yarn spinning, it made the country fabulously wealthy. Due to fear that their technology would get copied, it was illegal to export their machines, and for almost fifty years, Britain had a remarkable head start on everyone else. Today, with far more sophisticated machines, China is now growing fabulously wealthy by perfecting the process. Factory automation will continue to power this wealth creation for some time. But we still can’t help but wonder—what will be the industrial revolution that follows? We’re not going to dematerialize the world, we’re going to rematerialize it. 11 What’s Your Purpose? Finding a Sense of Meaning in Life Is Linked to Health NPR Epidemiology doesn’t get much love these days.


pages: 431 words: 107,868

The Great Race: The Global Quest for the Car of the Future by Levi Tillemann

Affordable Care Act / Obamacare, An Inconvenient Truth, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, banking crisis, Bear Stearns, car-free, carbon footprint, clean tech, creative destruction, decarbonisation, deindustrialization, demand response, Deng Xiaoping, Donald Trump, driverless car, electricity market, Elon Musk, en.wikipedia.org, energy security, factory automation, Fairchild Semiconductor, Ford Model T, foreign exchange controls, gigafactory, global value chain, high-speed rail, hydrogen economy, index card, Intergovernmental Panel on Climate Change (IPCC), joint-stock company, Joseph Schumpeter, Kanban, Kickstarter, manufacturing employment, market design, megacity, Nixon shock, obamacare, off-the-grid, oil shock, planned obsolescence, Ralph Nader, RFID, rolodex, Ronald Reagan, Rubik’s Cube, self-driving car, shareholder value, Shenzhen special economic zone , short squeeze, Silicon Valley, Silicon Valley startup, skunkworks, smart cities, Solyndra, sovereign wealth fund, special economic zone, Steve Jobs, Tesla Model S, too big to fail, Unsafe at Any Speed, zero-sum game, Zipcar

Making an automobile that was strong, safe, durable, clean, and efficient enough to be globally competitive required legions of engineers, physicists, specialists in areas like fluid dynamics, harmonics, kinematics, materials science, and an increasingly large number of electrical engineers and computer scientists. A typical car had around 30,000 individual parts, and computing specialists were involved in everything from writing the software for the car’s new onboard computers, to building robots for factory automation, to honing the advanced computer-assisted design (CAD) tools that took the painstaking job of component design out of the physical hands of draftsmen and moved it onto digital screens. About 40 percent of the cost of a luxury vehicle was for electronics, computers, and software. A billion dollars might be spent on writing code before a single car left the factory floor.1 Building a modern automobile required ever-greater levels of precision.


pages: 378 words: 110,518

Postcapitalism: A Guide to Our Future by Paul Mason

air traffic controllers' union, Alan Greenspan, Alfred Russel Wallace, bank run, banking crisis, banks create money, Basel III, basic income, Bernie Madoff, Bill Gates: Altair 8800, bitcoin, Bletchley Park, Branko Milanovic, Bretton Woods, BRICs, British Empire, business cycle, business process, butterfly effect, call centre, capital controls, carbon tax, Cesare Marchetti: Marchetti’s constant, Claude Shannon: information theory, collaborative economy, collective bargaining, commons-based peer production, Corn Laws, corporate social responsibility, creative destruction, credit crunch, currency manipulation / currency intervention, currency peg, David Graeber, deglobalization, deindustrialization, deskilling, discovery of the americas, disinformation, Downton Abbey, drone strike, en.wikipedia.org, energy security, eurozone crisis, factory automation, false flag, financial engineering, financial repression, Firefox, Fractional reserve banking, Frederick Winslow Taylor, fulfillment center, full employment, future of work, game design, Glass-Steagall Act, green new deal, guns versus butter model, Herbert Marcuse, income inequality, inflation targeting, informal economy, information asymmetry, intangible asset, Intergovernmental Panel on Climate Change (IPCC), Internet of things, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Perry Barlow, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, late capitalism, low interest rates, low skilled workers, market clearing, means of production, Metcalfe's law, microservices, middle-income trap, Money creation, money: store of value / unit of account / medium of exchange, mortgage debt, Network effects, new economy, Nixon triggered the end of the Bretton Woods system, Norbert Wiener, Occupy movement, oil shale / tar sands, oil shock, Paul Samuelson, payday loans, Pearl River Delta, post-industrial society, power law, precariat, precautionary principle, price mechanism, profit motive, quantitative easing, race to the bottom, RAND corporation, rent-seeking, reserve currency, RFID, Richard Stallman, Robert Gordon, Robert Metcalfe, scientific management, secular stagnation, sharing economy, Stewart Brand, structural adjustment programs, supply-chain management, technological determinism, The Future of Employment, the scientific method, The Wealth of Nations by Adam Smith, Transnistria, Twitter Arab Spring, union organizing, universal basic income, urban decay, urban planning, vertical integration, Vilfredo Pareto, wages for housework, WikiLeaks, women in the workforce, Yochai Benkler

During the 1880s and 90s, new technologies are developed in response to economic and social crises, coming together at the start of the third cycle. 1890s–1945: In the third cycle heavy industry, electrical engineering, the telephone, scientific management and mass production are the key technologies. The break occurs at the end of the First World War; the 1930s Depression, followed by the destruction of capital during the Second World War terminate the downswing. Late-1940s–2008: In the fourth long cycle transistors, synthetic materials, mass consumer goods, factory automation, nuclear power and automatic calculation create the paradigm – producing the longest economic boom in history. The peak could not be clearer: the oil shock of October 1973, after which a long period of instability takes place, but no major depression. In the late–1990s, overlapping with the end of the previous wave, the basic elements of the fifth long cycle appear.


pages: 331 words: 104,366

Deep Thinking: Where Machine Intelligence Ends and Human Creativity Begins by Garry Kasparov

3D printing, Ada Lovelace, AI winter, Albert Einstein, AlphaGo, AltaVista, Apple Newton, barriers to entry, Berlin Wall, Bletchley Park, business process, call centre, Charles Babbage, Charles Lindbergh, clean water, computer age, cotton gin, Daniel Kahneman / Amos Tversky, David Brooks, DeepMind, Donald Trump, Douglas Hofstadter, driverless car, Drosophila, Elon Musk, Erik Brynjolfsson, factory automation, Freestyle chess, gamification, Gödel, Escher, Bach, Hans Moravec, job automation, Ken Thompson, Leonard Kleinrock, low earth orbit, machine translation, Max Levchin, Mikhail Gorbachev, move 37, Nate Silver, Nick Bostrom, Norbert Wiener, packet switching, pattern recognition, Ray Kurzweil, Richard Feynman, rising living standards, rolodex, Second Machine Age, self-driving car, Silicon Valley, Silicon Valley startup, Skype, speech recognition, stem cell, Stephen Hawking, Steven Pinker, technological singularity, The Coming Technological Singularity, The Signal and the Noise by Nate Silver, Turing test, Vernor Vinge, Watson beat the top human players on Jeopardy!, zero-sum game

This is a critical point to keep in mind before we criticize or praise anyone for their predictions, and before we make our own. Every disruptive new technology, any resulting change in the dynamics of society, will produce a range of positive and negative effects and side effects that shift over time, often suddenly. Consider the most discussed impact of the machine age, employment. The avalanche of factory automation, business machines, and domestic labor-saving devices that, starting in the 1950s, led to the disappearance of millions of jobs and entire professions, while skyrocketing productivity created unprecedented economic growth—and the creation of more jobs than had been lost. Should we pity all the steel-driving John Henrys put out of work by steam engines?


pages: 391 words: 105,382

Utopia Is Creepy: And Other Provocations by Nicholas Carr

Abraham Maslow, Air France Flight 447, Airbnb, Airbus A320, AltaVista, Amazon Mechanical Turk, augmented reality, autonomous vehicles, Bernie Sanders, book scanning, Brewster Kahle, Buckminster Fuller, Burning Man, Captain Sullenberger Hudson, centralized clearinghouse, Charles Lindbergh, cloud computing, cognitive bias, collaborative consumption, computer age, corporate governance, CRISPR, crowdsourcing, Danny Hillis, data science, deskilling, digital capitalism, digital map, disruptive innovation, Donald Trump, driverless car, Electric Kool-Aid Acid Test, Elon Musk, Evgeny Morozov, factory automation, failed state, feminist movement, Frederick Winslow Taylor, friendly fire, game design, global village, Google bus, Google Glasses, Google X / Alphabet X, Googley, hive mind, impulse control, indoor plumbing, interchangeable parts, Internet Archive, invention of movable type, invention of the steam engine, invisible hand, Isaac Newton, Jeff Bezos, jimmy wales, Joan Didion, job automation, John Perry Barlow, Kevin Kelly, Larry Ellison, Lewis Mumford, lifelogging, lolcat, low skilled workers, machine readable, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, Max Levchin, means of production, Menlo Park, mental accounting, natural language processing, Neal Stephenson, Network effects, new economy, Nicholas Carr, Nick Bostrom, Norman Mailer, off grid, oil shale / tar sands, Peter Thiel, plutocrats, profit motive, Ralph Waldo Emerson, Ray Kurzweil, recommendation engine, Republic of Letters, robot derives from the Czech word robota Czech, meaning slave, Ronald Reagan, scientific management, self-driving car, SETI@home, side project, Silicon Valley, Silicon Valley ideology, Singularitarianism, Snapchat, social graph, social web, speech recognition, Startup school, stem cell, Stephen Hawking, Steve Jobs, Steven Levy, technoutopianism, TED Talk, the long tail, the medium is the message, theory of mind, Turing test, Tyler Cowen, Whole Earth Catalog, Y Combinator, Yochai Benkler

The best way to make flying even safer than it already is, the agency’s research suggests, may be to transfer some responsibility away from computers and back to people. Where humans and machines work in concert, more automation is not always better. That’s a lesson that the Toyota Motor Company, a leader in factory automation, has learned the hard way. In recent years, the carmaker has had to recall millions of vehicles to fix defects, putting a dent in its profits and tarnishing its prized reputation for quality. It now believes that its manufacturing problems stem from a loss of human insight and talent. “We need to become more solid and get back to basics,” a company executive told Bloomberg News, “to sharpen our manual skills and further develop them.”


When Computers Can Think: The Artificial Intelligence Singularity by Anthony Berglas, William Black, Samantha Thalind, Max Scratchmann, Michelle Estes

3D printing, Abraham Maslow, AI winter, air gap, anthropic principle, artificial general intelligence, Asilomar, augmented reality, Automated Insights, autonomous vehicles, availability heuristic, backpropagation, blue-collar work, Boston Dynamics, brain emulation, call centre, cognitive bias, combinatorial explosion, computer vision, Computing Machinery and Intelligence, create, read, update, delete, cuban missile crisis, David Attenborough, DeepMind, disinformation, driverless car, Elon Musk, en.wikipedia.org, epigenetics, Ernest Rutherford, factory automation, feminist movement, finite state, Flynn Effect, friendly AI, general-purpose programming language, Google Glasses, Google X / Alphabet X, Gödel, Escher, Bach, Hans Moravec, industrial robot, Isaac Newton, job automation, John von Neumann, Law of Accelerating Returns, license plate recognition, Mahatma Gandhi, mandelbrot fractal, natural language processing, Nick Bostrom, Parkinson's law, patent troll, patient HM, pattern recognition, phenotype, ransomware, Ray Kurzweil, Recombinant DNA, self-driving car, semantic web, Silicon Valley, Singularitarianism, Skype, sorting algorithm, speech recognition, statistical model, stem cell, Stephen Hawking, Stuxnet, superintelligent machines, technological singularity, Thomas Malthus, Turing machine, Turing test, uranium enrichment, Von Neumann architecture, Watson beat the top human players on Jeopardy!, wikimedia commons, zero day

Small aerial drones and tiny bullet-proof tanks are likely to be a more useful embodiment. Boston Dynamics has recently produced a four-legged robot that can run effectively over rough country. That is a huge amount of work that could be performed by arthropod-brained robots with occasional human supervision. As factory automation improves, the cost of producing these robots will decline. As that cost falls below about $50,000 then uptake of these robots can be expected to be very high. Leisure society Some people have suggested that all this automation will produce a society with greatly expanded leisure. If 30% of all work (say) can be automated by arthropod robots, then people should be able to have almost 30% more leisure.


pages: 413 words: 119,587

Machines of Loving Grace: The Quest for Common Ground Between Humans and Robots by John Markoff

A Declaration of the Independence of Cyberspace, AI winter, airport security, Andy Rubin, Apollo 11, Apple II, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, backpropagation, basic income, Baxter: Rethink Robotics, Bill Atkinson, Bill Duvall, bioinformatics, Boston Dynamics, Brewster Kahle, Burning Man, call centre, cellular automata, Charles Babbage, Chris Urmson, Claude Shannon: information theory, Clayton Christensen, clean water, cloud computing, cognitive load, collective bargaining, computer age, Computer Lib, computer vision, crowdsourcing, Danny Hillis, DARPA: Urban Challenge, data acquisition, Dean Kamen, deep learning, DeepMind, deskilling, Do you want to sell sugared water for the rest of your life?, don't be evil, Douglas Engelbart, Douglas Engelbart, Douglas Hofstadter, Dr. Strangelove, driverless car, dual-use technology, Dynabook, Edward Snowden, Elon Musk, Erik Brynjolfsson, Evgeny Morozov, factory automation, Fairchild Semiconductor, Fillmore Auditorium, San Francisco, From Mathematics to the Technologies of Life and Death, future of work, Galaxy Zoo, General Magic , Geoffrey Hinton, Google Glasses, Google X / Alphabet X, Grace Hopper, Gunnar Myrdal, Gödel, Escher, Bach, Hacker Ethic, Hans Moravec, haute couture, Herbert Marcuse, hive mind, hype cycle, hypertext link, indoor plumbing, industrial robot, information retrieval, Internet Archive, Internet of things, invention of the wheel, Ivan Sutherland, Jacques de Vaucanson, Jaron Lanier, Jeff Bezos, Jeff Hawkins, job automation, John Conway, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Perry Barlow, John von Neumann, Kaizen: continuous improvement, Kevin Kelly, Kiva Systems, knowledge worker, Kodak vs Instagram, labor-force participation, loose coupling, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, medical residency, Menlo Park, military-industrial complex, Mitch Kapor, Mother of all demos, natural language processing, Neil Armstrong, new economy, Norbert Wiener, PageRank, PalmPilot, pattern recognition, Philippa Foot, pre–internet, RAND corporation, Ray Kurzweil, reality distortion field, Recombinant DNA, Richard Stallman, Robert Gordon, Robert Solow, Rodney Brooks, Sand Hill Road, Second Machine Age, self-driving car, semantic web, Seymour Hersh, shareholder value, side project, Silicon Valley, Silicon Valley startup, Singularitarianism, skunkworks, Skype, social software, speech recognition, stealth mode startup, Stephen Hawking, Steve Ballmer, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, Strategic Defense Initiative, strong AI, superintelligent machines, tech worker, technological singularity, Ted Nelson, TED Talk, telemarketer, telepresence, telepresence robot, Tenerife airport disaster, The Coming Technological Singularity, the medium is the message, Thorstein Veblen, Tony Fadell, trolley problem, Turing test, Vannevar Bush, Vernor Vinge, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, We are as Gods, Whole Earth Catalog, William Shockley: the traitorous eight, zero-sum game

It was a system that required discipline, and Bradski was a bit of a “Wild Duck”—a term that IBM originally used to describe employees who refused to fly in formation—compared to typical engineers in Intel’s regimented semiconductor manufacturing culture. A refugee from the high-flying finance world of “quants” on the East Coast, Bradski arrived at Intel in 1996 and was forced to spend a year doing boring grunt work, like developing an image-processing software library for factory automation applications. After paying his dues, he was moved to the chipmaker’s research laboratory and started researching interesting projects. Bradski had grown up in Palo Alto before leaving to study physics and artificial intelligence at Berkeley and Boston University. He returned because he had been bitten by the Silicon Valley entrepreneurial bug.


pages: 424 words: 119,679

It's Better Than It Looks: Reasons for Optimism in an Age of Fear by Gregg Easterbrook

affirmative action, Affordable Care Act / Obamacare, air freight, Alan Greenspan, Apollo 11, autonomous vehicles, basic income, Bernie Madoff, Bernie Sanders, Black Lives Matter, Boeing 747, Branko Milanovic, Brexit referendum, business cycle, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, clean tech, clean water, coronavirus, Crossrail, David Brooks, David Ricardo: comparative advantage, deindustrialization, Dissolution of the Soviet Union, Donald Trump, driverless car, Elon Musk, Exxon Valdez, factory automation, failed state, fake news, full employment, Gini coefficient, Google Earth, Home mortgage interest deduction, hydraulic fracturing, Hyperloop, illegal immigration, impulse control, income inequality, independent contractor, Indoor air pollution, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, James Watt: steam engine, labor-force participation, liberal capitalism, longitudinal study, Lyft, mandatory minimum, manufacturing employment, Mikhail Gorbachev, minimum wage unemployment, Modern Monetary Theory, obamacare, oil shale / tar sands, Paul Samuelson, peak oil, plant based meat, plutocrats, Ponzi scheme, post scarcity, purchasing power parity, quantitative easing, reserve currency, rising living standards, Robert Gordon, Ronald Reagan, self-driving car, short selling, Silicon Valley, Simon Kuznets, Slavoj Žižek, South China Sea, Steve Wozniak, Steven Pinker, supervolcano, The Chicago School, The Rise and Fall of American Growth, the scientific method, There's no reason for any individual to have a computer in his home - Ken Olsen, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, transaction costs, Tyler Cowen, uber lyft, universal basic income, War on Poverty, Washington Consensus, We are all Keynesians now, WikiLeaks, working poor, Works Progress Administration

Just because the Luddites were wrong then doesn’t mean they’ll be wrong in the twenty-first century. Already automation has replaced many factory workers. Automation in this sense is not bipedal robots with shiny metallic faces, rather, the contemporary answer to the stocking frame: powered arms that perform repetitive motions, sensors that inspect assemblies, lifts that move weight. Factory automation unquestionably has made factory workers less important, though has also reduced harm to people in manufacturing. The old steel mills and auto plants that commentators and politicians inexplicably sentimentalize were dirty, loud, hot, soul-crushing, and most of all dangerous. The wave of agricultural automation that began a century ago made farm workers less important, and today everyone is better off, while unemployment remains low.


pages: 402 words: 126,835

The Job: The Future of Work in the Modern Era by Ellen Ruppel Shell

"Friedman doctrine" OR "shareholder theory", 3D printing, Abraham Maslow, affirmative action, Affordable Care Act / Obamacare, Airbnb, airport security, Albert Einstein, AlphaGo, Amazon Mechanical Turk, basic income, Baxter: Rethink Robotics, big-box store, blue-collar work, Buckminster Fuller, call centre, Capital in the Twenty-First Century by Thomas Piketty, Clayton Christensen, cloud computing, collective bargaining, company town, computer vision, corporate governance, corporate social responsibility, creative destruction, crowdsourcing, data science, deskilling, digital divide, disruptive innovation, do what you love, Donald Trump, Downton Abbey, Elon Musk, emotional labour, Erik Brynjolfsson, factory automation, follow your passion, Frederick Winslow Taylor, future of work, game design, gamification, gentrification, glass ceiling, Glass-Steagall Act, hiring and firing, human-factors engineering, immigration reform, income inequality, independent contractor, industrial research laboratory, industrial robot, invisible hand, It's morning again in America, Jeff Bezos, Jessica Bruder, job automation, job satisfaction, John Elkington, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kickstarter, knowledge economy, knowledge worker, Kodak vs Instagram, labor-force participation, low skilled workers, Lyft, manufacturing employment, Marc Andreessen, Mark Zuckerberg, means of production, move fast and break things, new economy, Norbert Wiener, obamacare, offshore financial centre, Paul Samuelson, precariat, Quicken Loans, Ralph Waldo Emerson, risk tolerance, Robert Gordon, Robert Shiller, Rodney Brooks, Ronald Reagan, scientific management, Second Machine Age, self-driving car, shareholder value, sharing economy, Silicon Valley, Snapchat, Steve Jobs, stock buybacks, TED Talk, The Chicago School, The Theory of the Leisure Class by Thorstein Veblen, Thomas L Friedman, Thorstein Veblen, Tim Cook: Apple, Uber and Lyft, uber lyft, universal basic income, urban renewal, Wayback Machine, WeWork, white picket fence, working poor, workplace surveillance , Y Combinator, young professional, zero-sum game

But as we’ve seen in earlier chapters, there is little if any actual evidence of this so-called skills shortage, at least on a national level. Roughly one-third of US factory workers already hold a college degree, and, like the mechanics, engineers, welders, and other Airbus employees in Mobile, many have gained skills in the military or in previous jobs. Given the rapid advances in factory automation, it’s unclear just how many people should be trained up for jobs in mass manufacturing, no matter how “advanced.” In May 2017, Apple CEO Tim Cook announced a $1 billion advanced-manufacturing fund to bolster US manufacturers by offering skills training, such as teaching people to write code to create apps.


pages: 496 words: 131,938

The Future Is Asian by Parag Khanna

3D printing, Admiral Zheng, affirmative action, Airbnb, Amazon Web Services, anti-communist, Asian financial crisis, asset-backed security, augmented reality, autonomous vehicles, Ayatollah Khomeini, barriers to entry, Basel III, bike sharing, birth tourism , blockchain, Boycotts of Israel, Branko Milanovic, British Empire, call centre, capital controls, carbon footprint, cashless society, clean tech, clean water, cloud computing, colonial rule, commodity super cycle, computer vision, connected car, corporate governance, CRISPR, crony capitalism, cross-border payments, currency peg, death from overwork, deindustrialization, Deng Xiaoping, Didi Chuxing, Dissolution of the Soviet Union, Donald Trump, driverless car, dual-use technology, energy security, European colonialism, factory automation, failed state, fake news, falling living standards, family office, financial engineering, fixed income, flex fuel, gig economy, global reserve currency, global supply chain, Great Leap Forward, green transition, haute couture, haute cuisine, illegal immigration, impact investing, income inequality, industrial robot, informal economy, initial coin offering, Internet of things, karōshi / gwarosa / guolaosi, Kevin Kelly, Kickstarter, knowledge worker, light touch regulation, low cost airline, low skilled workers, Lyft, machine translation, Malacca Straits, Marc Benioff, Mark Zuckerberg, Masayoshi Son, megacity, megaproject, middle-income trap, Mikhail Gorbachev, money market fund, Monroe Doctrine, mortgage debt, natural language processing, Netflix Prize, new economy, off grid, oil shale / tar sands, open economy, Parag Khanna, payday loans, Pearl River Delta, prediction markets, purchasing power parity, race to the bottom, RAND corporation, rent-seeking, reserve currency, ride hailing / ride sharing, Ronald Reagan, Salesforce, Scramble for Africa, self-driving car, Shenzhen special economic zone , Silicon Valley, smart cities, SoftBank, South China Sea, sovereign wealth fund, special economic zone, stem cell, Steve Jobs, Steven Pinker, supply-chain management, sustainable-tourism, synthetic biology, systems thinking, tech billionaire, tech worker, trade liberalization, trade route, transaction costs, Travis Kalanick, uber lyft, upwardly mobile, urban planning, Vision Fund, warehouse robotics, Washington Consensus, working-age population, Yom Kippur War

SoftBank and Alibaba’s partnership to capture India’s e-commerce market is a powerful example of the emerging commercial triangle between China, Japan, and India. SoftBank will also invest $25 billion back into Saudi Arabia to stimulate innovation in the Gulf countries. Given its aging demographics, Japan is at the cutting edge of technological approaches to managing elderly populations. It is already a world leader in factory automation; now it is automating daily life. At one of the newest amusement parks outside Nagasaki, the check-in staff in the on-site hotel are robots, as are the chefs and waiters in the resort’s restaurant. Softbank’s Pepper robot is now ubiquitous in shops selling everything from mobile phones to pizza.


pages: 502 words: 132,062

Ways of Being: Beyond Human Intelligence by James Bridle

Ada Lovelace, Airbnb, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Anthropocene, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, behavioural economics, Benoit Mandelbrot, Berlin Wall, Big Tech, Black Lives Matter, blockchain, Californian Ideology, Cambridge Analytica, carbon tax, Charles Babbage, cloud computing, coastline paradox / Richardson effect, Computing Machinery and Intelligence, corporate personhood, COVID-19, cryptocurrency, DeepMind, Donald Trump, Douglas Hofstadter, Elon Musk, experimental subject, factory automation, fake news, friendly AI, gig economy, global pandemic, Gödel, Escher, Bach, impulse control, James Bridle, James Webb Space Telescope, John von Neumann, Kickstarter, Kim Stanley Robinson, language acquisition, life extension, mandelbrot fractal, Marshall McLuhan, microbiome, music of the spheres, negative emissions, Nick Bostrom, Norbert Wiener, paperclip maximiser, pattern recognition, peer-to-peer, planetary scale, RAND corporation, random walk, recommendation engine, self-driving car, SETI@home, shareholder value, Silicon Valley, Silicon Valley ideology, speech recognition, statistical model, surveillance capitalism, techno-determinism, technological determinism, technoutopianism, the long tail, the scientific method, The Soul of a New Machine, theory of mind, traveling salesman, trolley problem, Turing complete, Turing machine, Turing test, UNCLOS, undersea cable, urban planning, Von Neumann architecture, wikimedia commons, zero-sum game

One of most dramatic of these possible futures is described in something called the paperclip hypothesis. It goes like this. Imagine a piece of intelligent software – an AI – designed to optimize the manufacture of paperclips, an apparently simple and harmless business goal. The software might begin with a single factory: automating the production line, negotiating better deals with suppliers, securing more outlets for its wares. As it reaches the limits of a single establishment, it might purchase other firms, or its suppliers, adding mining companies and refineries to its portfolio, to provide its raw materials on better terms.


pages: 514 words: 152,903

The Best Business Writing 2013 by Dean Starkman

Alvin Toffler, Asperger Syndrome, bank run, Basel III, Bear Stearns, call centre, carbon tax, clean water, cloud computing, collateralized debt obligation, Columbine, computer vision, Credit Default Swap, credit default swaps / collateralized debt obligations, crowdsourcing, Erik Brynjolfsson, eurozone crisis, Evgeny Morozov, Exxon Valdez, Eyjafjallajökull, factory automation, fixed income, fulfillment center, full employment, Future Shock, gamification, Goldman Sachs: Vampire Squid, hiring and firing, hydraulic fracturing, Ida Tarbell, income inequality, jimmy wales, job automation, John Markoff, junk bonds, Kickstarter, late fees, London Whale, low interest rates, low skilled workers, Mahatma Gandhi, market clearing, Maui Hawaii, Menlo Park, Occupy movement, oil shale / tar sands, One Laptop per Child (OLPC), Parag Khanna, Pareto efficiency, price stability, proprietary trading, Ray Kurzweil, San Francisco homelessness, Silicon Valley, Skype, sovereign wealth fund, stakhanovite, Stanford prison experiment, Steve Jobs, Stuxnet, synthetic biology, tail risk, technological determinism, the payments system, too big to fail, Vanguard fund, wage slave, warehouse automation, warehouse robotics, Y2K, zero-sum game

., that developed Earthbound’s system. Robot manufacturers in the United States say that in many applications, robots are already more cost-effective than humans. At an automation trade show last year in Chicago, Ron Potter, the director of robotics technology at an Atlanta consulting firm called Factory Automation Systems, offered attendees a spreadsheet to calculate how quickly robots would pay for themselves. In one example, a robotic manufacturing system initially cost $250,000 and replaced two machine operators, each earning $50,000 a year. Over the fifteen-year life of the system, the machines yielded $3.5 million in labor and productivity savings.


pages: 538 words: 145,243

Behemoth: A History of the Factory and the Making of the Modern World by Joshua B. Freeman

anti-communist, British Empire, Capital in the Twenty-First Century by Thomas Piketty, Charles Babbage, classic study, clean water, collective bargaining, company town, Corn Laws, corporate raider, cotton gin, deindustrialization, Deng Xiaoping, disruptive innovation, driverless car, en.wikipedia.org, factory automation, flying shuttle, Ford Model T, Ford paid five dollars a day, Frederick Winslow Taylor, global supply chain, Great Leap Forward, Herbert Marcuse, high-speed rail, household responsibility system, indoor plumbing, interchangeable parts, invisible hand, James Hargreaves, joint-stock company, knowledge worker, mass immigration, means of production, mittelstand, Naomi Klein, new economy, On the Economy of Machinery and Manufactures, Panopticon Jeremy Bentham, Pearl River Delta, post-industrial society, Ralph Waldo Emerson, rising living standards, Ronald Reagan, scientific management, Shenzhen special economic zone , Silicon Valley, special economic zone, spinning jenny, Steve Jobs, strikebreaker, techno-determinism, technoutopianism, the built environment, The Wealth of Nations by Adam Smith, Thorstein Veblen, Tim Cook: Apple, transaction costs, union organizing, Upton Sinclair, urban planning, Vanguard fund, vertical integration, women in the workforce, working poor, Works Progress Administration, zero-sum game

Ultimately, all the GM plants were unionized, but many companies, like RCA, found that in moving out of established factories to new communities they might end up with unions, but weaker and less militant unions than they were leaving behind.22 Not all new plants were smaller than the ones they replaced or partially supplanted, but most were. Sometimes this reflected a desire to multisource intermediate or final products, building plants for just some of the production previously done at a larger factory. Automation also led to downsizing. Many manufacturers embraced new technologies after World War II that allowed machines to be self-regulating and perform tasks that previously required human labor. Motives included greater precision and speed and the elimination of physically onerous tasks. But a desire to lower labor costs and reduce the power of workers contributed significantly to the automation drive.


pages: 608 words: 150,324

Life's Greatest Secret: The Race to Crack the Genetic Code by Matthew Cobb

a long time ago in a galaxy far, far away, Anthropocene, anti-communist, Asilomar, Asilomar Conference on Recombinant DNA, Benoit Mandelbrot, Berlin Wall, bioinformatics, Claude Shannon: information theory, conceptual framework, Copley Medal, CRISPR, dark matter, discovery of DNA, double helix, Drosophila, epigenetics, factory automation, From Mathematics to the Technologies of Life and Death, Gregor Mendel, heat death of the universe, James Watt: steam engine, John von Neumann, Kickstarter, Large Hadron Collider, military-industrial complex, New Journalism, Norbert Wiener, phenotype, post-materialism, Recombinant DNA, Stephen Hawking, synthetic biology

In a postwar world marked by anxieties about the destructive power of technology, Wiener’s vision was simultaneously apocalyptic and humane. He described the ‘unbounded possibilities for good and for evil’ contained in the increased automation of production. This was bold thinking, given that factory automation was in its infancy, and computers were only just able to store a brief program in their valve-based memories. Nevertheless, Wiener foresaw the overall tendency that would characterise production in the second half of the century. He predicted a new industrial revolution that would devalue the ‘simpler and more routine’ aspects of the human brain, as machines began to perform menial mental tasks.


pages: 1,025 words: 150,187

ZeroMQ by Pieter Hintjens

AGPL, anti-pattern, behavioural economics, carbon footprint, cloud computing, Debian, distributed revision control, domain-specific language, eat what you kill, Eben Moglen, exponential backoff, factory automation, fail fast, fault tolerance, fear of failure, finite state, Internet of things, iterative process, no silver bullet, power law, premature optimization, profit motive, pull request, revision control, RFC: Request For Comment, Richard Stallman, Skype, smart transportation, software patent, Steve Jobs, Valgrind, WebSocket

On Up-Front Testing Being able to fully test the real behavior of individual components in the laboratory can make a 10x or 100x difference to the cost of your project. That confirmation bias engineers have to their own work makes up-front testing incredibly profitable, and late-stage testing incredibly expensive. I’ll tell you a short story about a project we worked on in the late 1990s. We provided the software, and other teams the hardware, for a factory automation project. Three or four teams brought their experts on-site, which was a remote factory (funny how the polluting factories are always in a remote border country). One of these teams, a firm specializing in industrial automation, built ticket machines: kiosks, and software to run on them. Nothing unusual: swipe a badge, choose an option, receive a ticket.


pages: 524 words: 154,652

Blood in the Machine: The Origins of the Rebellion Against Big Tech by Brian Merchant

"World Economic Forum" Davos, Ada Lovelace, algorithmic management, Amazon Mechanical Turk, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, basic income, Bernie Sanders, Big Tech, big-box store, Black Lives Matter, Cambridge Analytica, Charles Babbage, ChatGPT, collective bargaining, colonial rule, commoditize, company town, computer age, computer vision, coronavirus, cotton gin, COVID-19, cryptocurrency, DALL-E, decarbonisation, deskilling, digital rights, Donald Trump, Edward Jenner, Elon Musk, Erik Brynjolfsson, factory automation, flying shuttle, Frederick Winslow Taylor, fulfillment center, full employment, future of work, George Floyd, gig economy, gigafactory, hiring and firing, hockey-stick growth, independent contractor, industrial robot, information asymmetry, Internet Archive, invisible hand, Isaac Newton, James Hargreaves, James Watt: steam engine, Jeff Bezos, Jessica Bruder, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kevin Roose, Kickstarter, Lyft, Mark Zuckerberg, Marshall McLuhan, means of production, military-industrial complex, move fast and break things, Naomi Klein, New Journalism, On the Economy of Machinery and Manufactures, OpenAI, precariat, profit motive, ride hailing / ride sharing, Sam Bankman-Fried, scientific management, Second Machine Age, self-driving car, sharing economy, Silicon Valley, sovereign wealth fund, spinning jenny, Steve Jobs, Steve Wozniak, super pumped, TaskRabbit, tech billionaire, tech bro, tech worker, techlash, technological determinism, Ted Kaczynski, The Future of Employment, The Wealth of Nations by Adam Smith, Thomas Malthus, Travis Kalanick, Uber and Lyft, uber lyft, union organizing, universal basic income, W. E. B. Du Bois, warehouse automation, warehouse robotics, working poor, workplace surveillance

Instead of the semiautomated power loom, it would be automated customer service software. Instead of the gig mill, it would be the gig app. In the first decades of the nineteenth century, entrepreneurs backed by magistrates and the Crown used a period of depressed trade and poor harvests—when workers were desperate and their leverage was at a low ebb—to push factory automation technologies. In the first decades of the twenty-first century, entrepreneurs backed by the state and venture capital used the period after the 2008 crash—which wiped out jobs and savings around the globe—to push automation and on-demand app technologies. Amazon, Uber, Lyft, DoorDash, InstaCart, TaskRabbit, and other companies drove algorithm-mediated work platforms into the mainstream, normalizing a mode of work that left workers without benefits or protections.


Smart Grid Standards by Takuro Sato

business cycle, business process, carbon footprint, clean water, cloud computing, data acquisition, decarbonisation, demand response, distributed generation, electricity market, energy security, exponential backoff, factory automation, Ford Model T, green new deal, green transition, information retrieval, information security, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Iridium satellite, iterative process, knowledge economy, life extension, linear programming, low earth orbit, machine readable, market design, MITM: man-in-the-middle, off grid, oil shale / tar sands, OSI model, packet switching, performance metric, RFC: Request For Comment, RFID, smart cities, smart grid, smart meter, smart transportation, Thomas Davenport

An Overview of the Smart Grid 1.2.2.5 11 National Electrical Manufactures Association (NEMA) The National Electrical Manufactures Association (NEMA) was founded in 1926 to provide a forum for the standardization of electrical equipment. It consists of more than 400 member companies which manufacture electrical equipment used in power generation, transmission, distribution, factory automation, control, and medical systems. The annual sale of NEMA-scoped products has exceeded $120 billion [19]. NEMA has focused on the development of standards and providing solutions for emerging technical, regulatory, and economic issues. It has published over 600 standards and technical papers in building systems, electronics, industrial automations, insulating materials, lighting systems, medical imaging, power equipment, security imaging, wires, and cables.


pages: 619 words: 177,548

Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity by Daron Acemoglu, Simon Johnson

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 4chan, agricultural Revolution, AI winter, Airbnb, airline deregulation, algorithmic bias, algorithmic management, Alignment Problem, AlphaGo, An Inconvenient Truth, artificial general intelligence, augmented reality, basic income, Bellingcat, Bernie Sanders, Big Tech, Bletchley Park, blue-collar work, British Empire, carbon footprint, carbon tax, carried interest, centre right, Charles Babbage, ChatGPT, Clayton Christensen, clean water, cloud computing, collapse of Lehman Brothers, collective bargaining, computer age, Computer Lib, Computing Machinery and Intelligence, conceptual framework, contact tracing, Corn Laws, Cornelius Vanderbilt, coronavirus, corporate social responsibility, correlation does not imply causation, cotton gin, COVID-19, creative destruction, declining real wages, deep learning, DeepMind, deindustrialization, Demis Hassabis, Deng Xiaoping, deskilling, discovery of the americas, disinformation, Donald Trump, Douglas Engelbart, Douglas Engelbart, Edward Snowden, Elon Musk, en.wikipedia.org, energy transition, Erik Brynjolfsson, European colonialism, everywhere but in the productivity statistics, factory automation, facts on the ground, fake news, Filter Bubble, financial innovation, Ford Model T, Ford paid five dollars a day, fulfillment center, full employment, future of work, gender pay gap, general purpose technology, Geoffrey Hinton, global supply chain, Gordon Gekko, GPT-3, Grace Hopper, Hacker Ethic, Ida Tarbell, illegal immigration, income inequality, indoor plumbing, industrial robot, interchangeable parts, invisible hand, Isaac Newton, Jacques de Vaucanson, James Watt: steam engine, Jaron Lanier, Jeff Bezos, job automation, Johannes Kepler, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph-Marie Jacquard, Kenneth Arrow, Kevin Roose, Kickstarter, knowledge economy, labor-force participation, land reform, land tenure, Les Trente Glorieuses, low skilled workers, low-wage service sector, M-Pesa, manufacturing employment, Marc Andreessen, Mark Zuckerberg, megacity, mobile money, Mother of all demos, move fast and break things, natural language processing, Neolithic agricultural revolution, Norbert Wiener, NSO Group, offshore financial centre, OpenAI, PageRank, Panopticon Jeremy Bentham, paperclip maximiser, pattern recognition, Paul Graham, Peter Thiel, Productivity paradox, profit maximization, profit motive, QAnon, Ralph Nader, Ray Kurzweil, recommendation engine, ride hailing / ride sharing, Robert Bork, Robert Gordon, Robert Solow, robotic process automation, Ronald Reagan, scientific management, Second Machine Age, self-driving car, seminal paper, shareholder value, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, social intelligence, Social Responsibility of Business Is to Increase Its Profits, social web, South Sea Bubble, speech recognition, spice trade, statistical model, stem cell, Steve Jobs, Steve Wozniak, strikebreaker, subscription business, Suez canal 1869, Suez crisis 1956, supply-chain management, surveillance capitalism, tacit knowledge, tech billionaire, technoutopianism, Ted Nelson, TED Talk, The Future of Employment, The Rise and Fall of American Growth, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, theory of mind, Thomas Malthus, too big to fail, total factor productivity, trade route, transatlantic slave trade, trickle-down economics, Turing machine, Turing test, Twitter Arab Spring, Two Sigma, Tyler Cowen, Tyler Cowen: Great Stagnation, union organizing, universal basic income, Unsafe at Any Speed, Upton Sinclair, upwardly mobile, W. E. B. Du Bois, War on Poverty, WikiLeaks, wikimedia commons, working poor, working-age population

Recent research shows that new innovations appear to benefit more-productive larger firms, whereas the second- and third-tier firms are falling behind across the industrialized world, most likely because their investments in digital technologies are not paying off. More fundamentally, productivity gains from automation may always be somewhat limited, especially compared to the introduction of new products and tasks that transform the production process, such as those in the early Ford factories. Automation is about substituting cheaper machines or algorithms for human labor, and reducing production costs by 10 or even 20 percent in a few tasks will have relatively small consequences for TFP or the efficiency of the production process. In contrast, introducing new technologies, such as electrification, novel designs, or new production tasks, has been at the root of transformative TFP gains throughout much of the twentieth century.


pages: 869 words: 239,167

The Story of Work: A New History of Humankind by Jan Lucassen

3D printing, 8-hour work day, affirmative action, agricultural Revolution, Albert Einstein, anti-work, antiwork, Asian financial crisis, banking crisis, basic income, Berlin Wall, Black Lives Matter, blue-collar work, bread and circuses, Bretton Woods, Capital in the Twenty-First Century by Thomas Piketty, Charles Babbage, collective bargaining, Columbian Exchange, commoditize, computer age, coronavirus, COVID-19, demographic transition, deskilling, discovery of the americas, domestication of the camel, Easter island, European colonialism, factory automation, Fall of the Berlin Wall, fixed income, Ford Model T, founder crops, Frederick Winslow Taylor, full employment, future of work, Great Leap Forward, hiring and firing, income inequality, income per capita, informal economy, invisible hand, James Watt: steam engine, joint-stock company, knowledge economy, labour mobility, land tenure, long peace, mass immigration, means of production, megastructure, minimum wage unemployment, money: store of value / unit of account / medium of exchange, new economy, New Urbanism, out of africa, pension reform, phenotype, post-work, precariat, price stability, public intellectual, reshoring, scientific management, Scramble for Africa, Second Machine Age, stakhanovite, tacit knowledge, Thales of Miletus, The Wealth of Nations by Adam Smith, Thorstein Veblen, trade route, transatlantic slave trade, two and twenty, universal basic income, W. E. B. Du Bois, women in the workforce, working poor

Moreover, we are also seeing the re-emergence of counter-movements, as ‘offshoring’ (moving production to low-wage countries) is once more provoking a turnabout due to robotization in the North Atlantic and due to rising labour costs, especially in China: so-called reshoring. China, in turn, is not sitting still and is now seriously pursuing factory automation. This is not surprising for a country that stands on the cusp of ageing, something that has already begun in Japan and South Korea.3 Fourthly, and certainly not unimportant, for most states, globalization means an erosion of democratic decision making at the national level. Capital is withdrawing itself from the rules of play agreed within nation states.