book

Race Against the Machine

Economics book arguing that rapid technological change is outpacing worker skill development, driving wage stagnation and inequality.

Race Against the Machine
Type
book
Year
2011
By
Brynjolfsson & McAfee
Publisher
Digital Frontier Press
ISBN
9780374248009

Race Against the Machine examines how digital technology and automation are transforming the economy faster than workers and institutions can adapt. Brynjolfsson and McAfee argue that while technology creates wealth, it concentrates gains among capital owners and highly skilled workers, leaving many workers behind. The book synthesizes economic data, case studies, and historical precedent to show how previous technological revolutions eventually created new jobs, but the transition periods caused significant disruption.

The authors contend that the current wave of automation—driven by artificial intelligence, robotics, and software—differs in speed and scope from past transitions. They warn that without policy interventions in education, training, and social support, technological unemployment and inequality will worsen. The work became influential in debates about the future of work and prompted discussion of policies like universal basic income.

Last updated 31 August 2026