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Index
A Note to Kindle Users
Introduction
Chapter 1: The Tunnel
The Mass Market
Visualizing the Mass Market
Automation Comes to the Tunnel
A Reality Check
Summarizing
Chapter 2: Acceleration
The Rich Get Richer
World Computational Capability
Grid and Cloud Computing
Meltdown
Diminishing Returns
Offshoring and Drive-Through Banking
Short Lived Jobs
Traditional Jobs: The “Average” Lights in the Tunnel
A Tale of Two Jobs
“Software” Jobs and Artificial Intelligence
Automation, Offshoring and Small Business
“Hardware” Jobs and Robotics
“Interface” Jobs
The Next “Killer App”
Military Robotics
Robotics and Offshoring
Nanotechnology and its Impact on Employment
The Future of College Education
Econometrics: Looking Backward
The Luddite Fallacy
A More Ambitious View of Future Technological Progress: The Singularity
A War on Technology
Chapter 3: Danger
The Predictive Nature of Markets
The 2008-2009 Recession
Offshoring and Factory Migration
Reconsidering Conventional Views about the Future
The China Fallacy
The Future of Manufacturing
India and Offshoring
Economic and National Security Implications for the United States
Solutions
Labor and Capital Intensive Industries: The Tipping Point
The Average Worker and the Average Machine
Capital Intensive Industries are “Free Riders”
The Problem with Payroll Taxes
The “Workerless” Payroll Tax
“Progressive” Wage Deductions
Defeating the Lobbyists
A More Conventional View of the Future
The Risk of Inaction
Chapter 4: Transition
The Basis of the Free Market Economy: Incentives
Preserving the Market
Recapturing Wages
Positive Aspects of Jobs
The Power of Inequality
Where the Free Market Fails: Externalities
Creating a Virtual Job
Smoothing the Business Cycle and Reducing Economic Risk
The Market Economy of the Future
An International View
Transitioning to the New Model
Keynesian Grandchildren
Transition in the Tunnel
Chapter 5: The Green Light
Attacking Poverty
Fundamental Economic Constraints
Removing the Constraints
The Evolution toward Consumption
The Green Light
Appendix / Final Thoughts
Are the ideas presented in this book WRONG? (Opposing arguments with responses)
Two Questions Worth Thinking About
Where are we now? Four Possible Cases
The Next 10-20 years: Some Indicators to Watch For
Outsmarting Marx
The Technology Paradox
Machine Intelligence and the Turing Test
About / Contacting the Author
Notes
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