Average Is Over
Powering America Beyond the Age of the Great Stagnation
by:
Tyler Cowen
in:
Economics
Summary:
The book explores the economic shift towards a society where high earners thrive by leveraging technology, while middle-class jobs are increasingly automated or outsourced. It argues that success in the future economy will require a new set of skills, including adeptness at working with intelligent machines and a commitment to continual learning.
Key points:
1. Meritocracy & Income Gap: Cowen says tech is making a new meritocracy where skilled people succeed and average ones fall behind, increasing income inequality.
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