Economic Depression

Will massive unemployment due to technological advance bring on a new economic depression?

A new must-read book reveals how computers, robots, software automation and artificial intelligence are poised to eliminate millions of jobs and lead to massive structural unemployment and the possibility of a new economic depression in the relatively near future.

THE LIGHTS IN THE TUNNEL, written by a Silicon Valley computer engineer, gives you an inside track on what may be the most important economic development of the twenty-first century. You will learn:

• Why tens of millions of the jobs held by average people will ultimately be threatened by job automation as the capability of machines and computers continues to relentlessly improve.
   
• Why additional training and/or a college degree may NOT protect you from the threat of job automation and may, if fact, even make you more vulnerable.
   
• How robotic and machine learning technologies may combine with offshoring to eliminate even more jobs.
   
• Which types of jobs and careers are likely to be safest from automation and offshoring and which will be among the first to be automated.
   
• Why economists and policy makers are either completely oblivious to the looming structural unemployment crisis—or in denial.
   
• How staggering increases in unemployment, low wages and plunging consumer spending may bring on an economic depression and financial crisis far more severe than the current recession.
   
• Why science fiction-like intelligent machines and robots are not necessary for most jobs to be automated—this could happen long before we expect it.
   
• Why much of the conventional wisdom about globalization, the future of countries like China,  and the shape of the twenty-first century is almost certainly completely wrong.
   
• What the future of college education will look like—and what accelerating technology will mean for our children when it is their turn to enter the job market.
   
• Specific policy recommendations that will help avoid the coming economic depression and instead leverage the economic realities of the future to drive overall prosperity and address global issues like poverty and climate change.

Whether you are an investor, a business owner, a parent, or if you simply want to hold on to your job, you can't afford not to read THE LIGHTS IN THE TUNNEL.

Excerpt:   Read the:   Introduction   |   Table of Contents