KhizooologyThe Second Machine Age
More capability does not mean evenly shared gains.
Big Idea
The authors argue that digital technologies can create enormous economic value while leaving the benefits distributed very unevenly.
Exponential progress
They describe rapid improvements in computing that can make earlier expectations obsolete.
Digital combinations
Existing tools and information can be recombined into further products and capabilities.
Bounty and spread
Total abundance can grow while gaps between people and firms also widen.
Race with machines
Complementing machine capabilities is different from assuming every human skill must compete directly with automation.
Choices shape the outcome
Education and institutions affect distribution; the book’s 2014 forecasts should not be mistaken for guaranteed present-day outcomes.
Khizooo Take
For a new tool, ask both what it makes possible and who can realistically benefit from it.
Remember
Progress and shared prosperity are separate questions.