Daily Archives: Jun 6, 2020 at 07:39 am EDT

Book Bits | 6 June 2020

The End of Jobs: The Rise of On-Demand Workers and Agile Corporations
Jeff Wald
Summary via publisher (Post Hill Press)
The world has witnessed three step functions in technological change: mechanization, electrification, and computerization. These industrial revolutions led to massive increases in productivity and thus the need for fewer workers. With each of these technological breakthroughs, the power balance between companies and workers shifted heavily to companies. The abuses of that power by companies instigated employee unrest and sometimes even armed uprisings. Counterbalancing forces rose to constrain companies’ power, eventually prompting unions, regulation, and the social safety net to bring stability to the relationship.
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