The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies (42 page)

BOOK: The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
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King, Martin Luther, Jr.

Kintinuous

Kiva

Klapper, Leora

Kline, Patrick

Knack

Kochan, Tom

Kopecky, Karen

Kremer, Michael

Krieger, Mike

Krueger, Alan

Krugman, Paul

Kurzweil, Ray

Kuznets, Simon

labor:

capital replacement of

churn in

crowdsourcing of

demand elasticity and

digital partnerships with

digitization and;
see also
“winner-take-all” markets

incentives for

input limits on

non-digitized

recessions and

skill matrix for

see also
employment; productivity; wages

labor, skilled:

benefits of technology for

contribution of immigration to

creation of

labor, unskilled:

declining wages of

technology’s replacement of

Laeven, Luc

Lakhani, Karim

land taxes

Leiserson, William

Leonard, John

Leontief, Wassily

Levine, Uri

Levy, Frank

Lickel, Charles

LIDAR

Liebling, A. J.

Lindbergh, Charles

LinkedIn

Lionbridge

living standards, calculation of

Lohr, Steve

London, congestion charging in

Longitude Prize

Loria, Roberto

Luca, Michael

Ludd, Ned

Luddite Fallacy

Lusardi, Annamaria

Lyft

machine-to-machine (M2M) communication

Macintosh

Madigan, Kathleen

Mandel, Michael

Mankiw, Greg

manufacturing:

automation in

importance of infrastructure to

inelastic demand in

organizational coinventions in

U.S. employment in

wages in

maps, digital

Marberry, Mike

Marbles, Jenna

Mariel boatlift

Marshall, Alfred

Marx, Karl

massive online open courses (MOOCs)

McAfee, Andrew

McCarthy, John

McDevitt, Ryan

McFadden, Daniel

McKinsey

Mechanical Turk

medicine:

AI use in

automation in

diagnostic

Memorial Sloan-Kettering Cancer Center

“meta-ideas,”

Michel, Jean-Baptiste

Microsoft

Milgrom, Paul

military, U.S., robot use by

Minsky, Marvin

MIT, Computer Science and Artificial Intelligence Lab at

Mitchell, Tom

Mitra, Sugata

MITx

Monster.com

Montessori, Maria

Monthly Labor Review

Moore, Gordon

Moore’s Law

in business

in computing

persistence of

spread of

Moravec, Hans

Moravec’s paradox

Morris, Ian

mortgages

Mullis, Kary

multidimensional poverty index

Munster, Gene

Murnane, Richard

Murray, Charles

music, digitization of

Nader, Ralph

Narrative Science

NASA

National Academy of Sciences

National Association of Realtors

National Bureau of Economic Research

National Review

Nature of Technology, The
(Arthur)

Neiman, Brent

New Digital Age, The
(Schmidt and Cohen)

New Division of Labor, The
(Levy and Murnane)

Newell, Al

new growth theory

New York Times

Next Convergence, The
(Spence)

Nike

Nixon, Richard

Nordhaus, William

numbers:

development of

large

Occupy movement

oDesk

Oh, Joo Hee

Olshansky, S. Jay

OpenTable

OrCam

O’Reilly, Tim

Organization for Economic Co-operation and Development (OECD)

Orteig Prize

Orwell, George

Oswald, Andrew

Page, Larry

Paine, Thomas

Pandora

Partnership for a New American Economy

Pascarella, Ernest

pattern recognition

Pauling, Linus

peer economy

Perrow, Charles

Perry, Mark

philosophy, transformative

phones, mobile:

in developing world

see also
smartphones

photography

photo sharing

Picasso, Pablo

Pigou, Arthur

Pigovian taxes

Pink, Daniel

Pinker, Steven

Pinterest

Pivot Power

Plutarch

Polanyi, Michael

pollution

polymerase chain reaction (PCR)

Popular Science

Porter, Michael

Powerbook G4

Power Law distributions

Principles of Economics
(Mankiw)

printing, 3D

privacy, in digital vs. analog world

productivity:

decoupling of employment from

decoupling of wages from

effect of spread on

in electricity era

growth of

innovation linked to

intangible goods’ effect on

mid-1990s U.S. increase in

new paths to

post-1970 U.S. decline in

post-2000 U.S. growth in

see also
economic growth; gross domestic product (GDP); labor

productivity, capital

productivity, multifactor

productivity, total factor

publishing, digitization and

Putnam, Robert

Quirky

R

Race Against the Machine
(Brynjolfsson and McAfee)

Rajan, Raghuram

Rampell, Catherine

Raymond, Eric

reading

AI capabilities in

Reagan, Ronald

regulation:

of business

of peer economy

religion

rents, economic

resource curse

Rethink Robotics

retinal implants

Rhapsody

Ricardo, David

Rigobon, Roberto

Robinson, James

Robotics, Three Laws of

robots:

business use of;
see also
automation

rapid progress in

sensory equipment for

skills acquisition by;
see also
Moravec’s paradox

towel-folding

see also
artificial intelligence (AI)

Rockoff, Jonah

Roksa, Josipa

Romer, Paul

Roomba

Roosevelt, Franklin D.

Rosen, Sherwin

Rowling, J. K.

Rule of 70

Russell, Bertrand

Rutter, Brad

Saez, Emmanuel

Saint-Exupery, Antoine de

Samueli, Henry

Samuelson, Paul

Sandia National Laboratories

Saxenian, AnnaLee

Schmidt, Eric

Schneider, Daniel J.

Schreyer, Peter

Schumpeter, Joseph

science:

effect of digitization on

government support of

prizes in

rapid progress in

science fiction

robots in

SCIgen

Sears

Second Industrial Revolution

second machine age:

career opportunities in

characteristics of

complementary innovations in

economic data relevant to

intangible assets of

interventions for

key advances of

long-term recommendations for

mental power boosted by

metrics of

second machine age (
continued
)

policy recommendations for

Power Law distributions in

reality of

values of

see also
digitization

SecondMachineAge.com

self-organizing learning environments (SOLEs)

semiconductors

Sen, Amartya

senses, human

sensorimotor skills

sensors, digital

Shabtai, Ehud

Shakespeare, William

Shannon, Claude

Shapiro, Carl

Shinar, Amir

Siciliano, Francis

SIGGRAPH conference

Silicon Valley

Simon, Herbert

Simon, Julian

Sims, Peter

Singapore:

education system in

Electronic Road Pricing System in

singularity

Singularity Is Near, The
(Kurzweil)

Siri

Siu, Henry

Sixteenth Amendment

Skype

smartphone applications

smartphones

Smith, Adam

Smith, Michael

social media

Social Progress Index

Social Security

Socrates

software

open source

solar flares

Solow, Robert

Sony PlayStation 3

South Korea, education system in

Soviet Union

speech recognition

Spence, Michael

Spiegel, Eric

Spotify

Sprague, Shawn

spread

bounty vs.

in education

productivity consequences of

in wages

see also
inequality

SRI International

standardized testing

Star Trek

Startup America Partnership

steam engine

Stern, Scott

Stiglitz, Joseph

Stiroh, Kevin

Stuxnet

Summers, Lawrence

superstars

social acceptability of

taxation of

see also
“winner-take-all” markets

Sweden, income inequality in

Systrom, Kevin

Syverson, Chad

Tabarrok, Alex

Taipale, Kim

Taiwan, automation in

Target

TaskRabbit

taxes

consumption

on economic rents

negative income

payroll

Pigovian

value-added

Tea Party

technological progress

adjusting to

combinatorial nature of

digitization in

economic theories about

employment implications of

exponential nature of;
see also
innovation; Moore’s Law

future of

halting of

interventions suggested for

side effects of

technology:

in developing world

history of

major advances in

see also
digitization; general purpose technologies (GPTs)

Teilhard de Chardin, Pierre

teraflop

Terenzini, Patrick

Thackeray, William Makepeace

Theory of Economic Development, The
(Schumpeter)

Thrun, Sebastian

Time

Tinbergen, Jan

Tobin, James

Tolkien, J. R. R.

Topalov, Veselin

TopCoder

traffic congestion

translation services, online

transportation

Trebek, Alex

tribbles

TripAdvisor

Tufano, Peter

TurboTax

tweets

Twitter

United Airlines

United Kingdom, immigrant entrepreneurship in

United Nations

United States:

average workweek in

college students in

Earned Income Tax Credit in

education in

financial hardship in

GDP growth in

Great Recession’s effects on

immigration reform in

income distribution in

income guarantee plans in

infrastructure in

intellectual property regime in

life expectancy in

living standard in

manufacturing employment in

mid-1990s productivity increase in

patenting in

political inequality in

post-1970 productivity decline in

post-2000 productivity growth in

productivity improvement in

social mobility in

tax rates in

tax system in

traffic congestion in

unemployment in

workforce in

Urban Dictionary

uShip

value-added tax (VAT)

Varian, Hal

Velodyne

Venkatraman, Venkat

Victorians, educational system of

Vinge, Vernor

visas, H1–B

vision, computer-aided

Voltaire

Wadhwa, Vivek

wages:

decoupling of productivity from

globalization and

immigration’s effect on

in manufacturing

Power Law distributions in

relative performance determinants of

spread in;
see also
“winner-take-all” markets

see also
income

Wagner, Kyle

Waldfogel, Joel

Wales, Jimmy

Wall Street Journal

Walmart

Walton, Sam

Watson

Watson, Thomas, Sr.

Watt, James

wavelength division multiplexing (WDM)

Waze

Weitzman, Martin

West, Darrell

West, Martin

wheelchairs, AI technology in

When Work Disappears
(Wilson)

Why Nations Fail
(Acemoglu and Robinson)

Why the West Rules—For Now
(Morris)

Wikipedia

Wilson, William Julius

“winner-take-all” markets

Winner-Take-All Society, The
(Frank and Cook)

Winship, Scott

Woessmann, Ludger

Wolff, Ed

Wordsworth, William

World Bank

World Wide Web

see also
global digital network; Internet

Wright, Gavin

writing:

by computers

development of

Wu, Lynn

Xbox

Y2K bug

Yang, Shinkyu

Yelp

YouTube

Zara

More Praise for
The Second Machine Age

“Brynjolfsson and McAfee are right: we are on the cusp of a dramatically different world brought on by technology.
The Second Machine Age
is the book for anyone who wants to thrive in it. I’ll encourage all of our entrepreneurs to read it, and hope their competitors don’t.”

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