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OverviewFull Product DetailsAuthor: Siddhartha MitraPublisher: Taylor & Francis Ltd Imprint: Routledge India Weight: 0.260kg ISBN: 9780367356095ISBN 10: 0367356090 Pages: 150 Publication Date: 09 September 2022 Audience: College/higher education , Tertiary & Higher Education Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsPreface and Acknowledgements 1 An Overview 2 Robots and their Economic Significance 3 The impact of Robotization on Production Processes and its Rudimentary Economic Implications 4 Machine Learning and the Economy 5 Robotization, the Economy and the Labour Market: A Look at Theoretical and Empirical Studies 6 Managing the AI Revolution through Policy: A Nuts-and-Bolts Approach 7 The Immediate Future in the Light of Covid and the Bottom Line IndexReviews‘Such a fascinating look at the large, even humongous shifts that are all around us through the lens of history, technology and economics. Whether you are a student or a professional who wishes to understand how robotization and AI are going to impact our world—this book is for you. Mitra takes a complex subject and connects the dots in ways that are unexpected, surprising, and ultimately very satisfying.’ —Dr. Shalini Lal, Future of Work Specialist, UCLA PhD, and Fellow, Wharton, USA ‘The robot revolution is already underway, with profound implications for developing country and developed economies. In this wide-ranging examination, Siddhartha Mitra explains how and when new technologies will replace human labour in manufacturing, agriculture, and service provision. Employing basic economic tools and a clear depiction of how robots, AI, and machine learning will substitute for human effort, Mitra identifies which workers are most at risk of displacement and income loss. With Covid-19 accelerating the adoption of labour-replacing technology, it is urgent that we struggle with Mitra’s recommendations for policies designed to harness the benefits of robotization while ensuring a just transition to the brave, new world on our doorstep.’ —Mary E. Lovely, Professor, Maxwell School of Citizenship and Public Affairs and Senior Fellow, Peterson Institute ‘Robotization, like other forms of technical progress, expands opportunities for the human race. But in a market economy, it also poses a threat by displacing human labour by robots. These aspects of robotization have been debated in recent times. This book by Professor Siddhartha Mitra provides an eminently readable discussion of the issues involved. He provides a historical background, and an analytical apparatus to make sense of the trade-offs involved. The book does not shy away from discussing difficult questions but does so in a lucid manner. I have no doubt, given the contents of the book, that it will be widely read. And the reader will appreciate, as I have, the hard work that went into making these seemingly obscure topics accessible’. —Partha Sen, Professor and Former Director, Delhi School of Economics ‘Such a fascinating look at the large, even humongous shifts that are all around us through the lens of history, technology, and economics. Whether you are a student or a professional who wishes to understand how robotization and AI are going to impact our world—this book is for you. Mitra takes a complex subject and connects the dots in ways that are unexpected, surprising, and ultimately very satisfying.’ —Dr. Shalini Lal, Future of Work Specialist, UCLA PhD, and Fellow, Wharton, USA ‘The robot revolution is already underway, with profound implications for developing country and developed economies. In this wide-ranging examination, Siddhartha Mitra explains how and when new technologies will replace human labour in manufacturing, agriculture, and service provision. Employing basic economic tools and a clear depiction of how robots, AI, and machine learning will substitute for human effort, Mitra identifies which workers are most at risk of displacement and income loss. With Covid-19 accelerating the adoption of labour-replacing technology, it is urgent that we struggle with Mitra’s recommendations for policies designed to harness the benefits of robotization while ensuring a just transition to the brave, new world on our doorstep.’ —Mary E. Lovely, Professor, Maxwell School of Citizenship and Public Affairs and Senior Fellow, Peterson Institute, USA ‘Robotization, like other forms of technical progress, expands opportunities for the human race. But in a market economy, it also poses a threat by displacing human labour by robots. These aspects of robotization have been debated in recent times. This book by Professor Siddhartha Mitra provides an eminently readable discussion of the issues involved. He provides a historical background, and an analytical apparatus to make sense of the trade-offs involved. The book does not shy away from discussing difficult questions but does so in a lucid manner. I have no doubt, given the contents of the book, that it will be widely read. And the reader will appreciate, as I have, the hard work that went into making these seemingly obscure topics accessible’. —Partha Sen, Professor and Former Director, Delhi School of Economics, India 'Such a fascinating look at the large, even humongous shifts that are all around us through the lens of history, technology and economics. Whether you are a student or a professional who wishes to understand how robotization and AI are going to impact our world-this book is for you. Mitra takes a complex subject and connects the dots in ways that are unexpected, surprising, and ultimately very satisfying.' -Dr. Shalini Lal, Future of Work Specialist, UCLA PhD, and Fellow, Wharton, USA 'The robot revolution is already underway, with profound implications for developing country and developed economies. In this wide-ranging examination, Siddhartha Mitra explains how and when new technologies will replace human labour in manufacturing, agriculture, and service provision. Employing basic economic tools and a clear depiction of how robots, AI, and machine learning will substitute for human effort, Mitra identifies which workers are most at risk of displacement and income loss. With Covid-19 accelerating the adoption of labour-replacing technology, it is urgent that we struggle with Mitra's recommendations for policies designed to harness the benefits of robotization while ensuring a just transition to the brave, new world on our doorstep.' -Mary E. Lovely, Professor, Maxwell School of Citizenship and Public Affairs and Senior Fellow, Peterson Institute 'Robotization, like other forms of technical progress, expands opportunities for the human race. But in a market economy, it also poses a threat by displacing human labour by robots. These aspects of robotization have been debated in recent times. This book by Professor Siddhartha Mitra provides an eminently readable discussion of the issues involved. He provides a historical background, and an analytical apparatus to make sense of the trade-offs involved. The book does not shy away from discussing difficult questions but does so in a lucid manner. I have no doubt, given the contents of the book, that it will be widely read. And the reader will appreciate, as I have, the hard work that went into making these seemingly obscure topics accessible'. -Partha Sen, Professor and Former Director, Delhi School of Economics 'Such a fascinating look at the large, even humongous shifts that are all around us through the lens of history, technology, and economics. Whether you are a student or a professional who wishes to understand how robotization and AI are going to impact our world-this book is for you. Mitra takes a complex subject and connects the dots in ways that are unexpected, surprising, and ultimately very satisfying.' -Dr. Shalini Lal, Future of Work Specialist, UCLA PhD, and Fellow, Wharton, USA 'The robot revolution is already underway, with profound implications for developing country and developed economies. In this wide-ranging examination, Siddhartha Mitra explains how and when new technologies will replace human labour in manufacturing, agriculture, and service provision. Employing basic economic tools and a clear depiction of how robots, AI, and machine learning will substitute for human effort, Mitra identifies which workers are most at risk of displacement and income loss. With Covid-19 accelerating the adoption of labour-replacing technology, it is urgent that we struggle with Mitra's recommendations for policies designed to harness the benefits of robotization while ensuring a just transition to the brave, new world on our doorstep.' -Mary E. Lovely, Professor, Maxwell School of Citizenship and Public Affairs and Senior Fellow, Peterson Institute, USA 'Robotization, like other forms of technical progress, expands opportunities for the human race. But in a market economy, it also poses a threat by displacing human labour by robots. These aspects of robotization have been debated in recent times. This book by Professor Siddhartha Mitra provides an eminently readable discussion of the issues involved. He provides a historical background, and an analytical apparatus to make sense of the trade-offs involved. The book does not shy away from discussing difficult questions but does so in a lucid manner. I have no doubt, given the contents of the book, that it will be widely read. And the reader will appreciate, as I have, the hard work that went into making these seemingly obscure topics accessible'. -Partha Sen, Professor and Former Director, Delhi School of Economics, India 'Such a fascinating look at the large, even humongous shifts that are all around us through the lens of history, technology and economics. Whether you are a student or a professional who wishes to understand how robotization and AI are going to impact our world-this book is for you. Mitra takes a complex subject and connects the dots in ways that are unexpected, surprising, and ultimately very satisfying.' -Dr. Shalini Lal, Future of Work Specialist, UCLA PhD, and Fellow, Wharton, USA 'The robot revolution is already underway, with profound implications for developing country and developed economies. In this wide-ranging examination, Siddhartha Mitra explains how and when new technologies will replace human labour in manufacturing, agriculture, and service provision. Employing basic economic tools and a clear depiction of how robots, AI, and machine learning will substitute for human effort, Mitra identifies which workers are most at risk of displacement and income loss. With Covid-19 accelerating the adoption of labour-replacing technology, it is urgent that we struggle with Mitra's recommendations for policies designed to harness the benefits of robotization while ensuring a just transition to the brave, new world on our doorstep.' -Mary E. Lovely, Professor, Maxwell School of Citizenship and Public Affairs and Senior Fellow, Peterson Institute 'Robotization, like other forms of technical progress, expands opportunities for the human race. But in a market economy, it also poses a threat by displacing human labour by robots. These aspects of robotization have been debated in recent times. This book by Professor Siddhartha Mitra provides an eminently readable discussion of the issues involved. He provides a historical background, and an analytical apparatus to make sense of the trade-offs involved. The book does not shy away from discussing difficult questions but does so in a lucid manner. I have no doubt, given the contents of the book, that it will be widely read. And the reader will appreciate, as I have, the hard work that went into making these seemingly obscure topics accessible'. -Partha Sen, Professor and Former Director, Delhi School of Economics Author InformationSiddhartha Mitra is Professor of Economics, Jadavpur University, Kolkata, West Bengal, India. Tab Content 6Author Website:Countries AvailableAll regions |
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