Fabien Benetou's PIM | ReadingNotes / TheLightsInTheTunnel

The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future by Martin Ford - ISBN 1448659817 - CreateSpace 2009

Motivation

Describe in a sentences or two what motivated me to read this book.

Pre-reading model

List the main decisions that should be impacted by reading the book in order to estimate the Seedea:Content/Newconcepts#InformationActionRatio and facilitate rule design as suggested after finishing TheTinkerersAccomplice.

Draw a schema (using PmGraphViz or another solution) of the situation of the area in the studied domain before having read the book.

Reading

lengthy opening metaphor of the tunnel as globalized economy
fundamentally economical view
- importance of mass market vs. luxury and by thus definition very limited in size market
outsourcing as the step preceding automation
supposing a Wikipedia:Post-scarcity economy
- see own doubt in Beliefs
no statistics on job replaced by technology per sector
- could query the OIT or OECD
skepticism over growth in China and India as reliable solutions
views on conflicts between technology enthusiasts and neo-luddites potentially close to DeGaris
somehow it seems jobs related to political decision making could not become automated
proposals for taxes adaptation
- wage recapture tax
mention of Keynes' Wikipedia:Technological unemployment
"The essential idea is that we should impose some combination of a consumption tax and/or a special direct tax on business that captures the income which, in a non-automated economy, would be paid out in wages. Over time, as the wages paid to average workers decrease (as a percentage of revenue), these taxes would be gradually increased to recapture at least a portion of this income. The overall objective is to recapture just the optimal amount of income and then get it into the hands of consumers so that there will be sufficient consumer demand to continue driving the economy." (p194)
- illustrated in the metaphor by a shift between white light to green light

Overall remarks and questions

this? that?

Synthesis

So in the end, it was about X and was based on Y.

Critics

Point A, B and C are debatable because of e, f and j.

Vocabulary

(:new_vocabulary_start:) new_word (:new_vocabulary_end:)

Post-reading model

Draw a schema (using PmGraphViz or another solution) of the situation of the area in the studied domain after having read the book. Link it to the pre-reading model and align the two to help easy comparison.

The Lights In The Tunnel {ReadingNotes}