Ryan Avent, thank you very much for joining us today. You’ve got a new book out entitled ‘The Wealth of Humans: Work, Power, and Status in the Twenty-first Century’, and it addresses one of the hottest topics around at the moment – the digital revolution, and what it means for the future of work.
So, what do you think? What does it mean?
Well, I think it means big change. I think the starting point of the book is that the digital revolution actually is probably going to be as transformative as the industrial revolution and the big technologies like electricity and steam that we saw then were. I think this transformation has already begun, and ironically, the evidence of that is in the struggles that we’re seeing across lots of countries that workers are facing in terms of limited growth in wages, in terms of rising inequality. These things, as the book argues, are all connected to the growing role of these powerful new digital technologies, and especially of machine intelligence.