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Social media giants are poisoning our journalism, our politics, our relationships and ultimately our minds. Glenn Reynolds looks at the up and downsides of social media and at proposals for regulation, and offers his own fix that respects free speech while reducing social media's toll.
"Entire industries are being transformed, consumers have more power than ever before, and people are finding new ways to earn a living-even in today's slow economic recovery. All of these improvements stem from the rise of the so-called sharing economy. Even in the face of these benefits, innovation is in danger of being suppressed because of overzealous government regulation that protects existing businesses-all behind the facade of consumer safety. This book chronicles Uber's battle against the New York City taxi industry and its supporters in the government. It also shows the need to stand up for entrepreneurs and the vast benefits that they provide for consumers. As innovators tirelessly work to drive the economy forward, too often regulators function as annoying backseat drivers or roadblocks"--
Are robots finally replacing humans? Does the emerging age of artificial intelligence and automation mean we will soon see "peak jobs" and the need for a Universal Basic Income to support a widening swath of hapless citizens unsuited for employment in a primarily "knowledge" workforce? Improving productivity-reducing labor hours per unit of product or service-has been the hallmark of economic progress for centuries. But advances due to robots and AI, some say, will be fundamentally different because digital machines are ready to revolutionize the nature of work in nearly every sector, not just one or two. But the lessons of history and the realities of technologies suggest that, despite yet more disruption, the overall result will be net job gains and faster economic growth.
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