book

The Second Machine Age

A 2014 analysis of how digital technology and automation are transforming economy and society, arguing we're entering a new era of machine capability.

Type
book
Year
2014
By
Erik Brynjolfsson & Andrew McAfee
Publisher
W.W. Norton & Company
ISBN
9780393239898

The Second Machine Age, published in 2014, examines how advances in digital technology, artificial intelligence, and automation are reshaping the global economy and labor market. Brynjolfsson and McAfee argue that we are entering a second machine age—following the first industrial revolution—where machines can perform cognitive tasks previously reserved for humans, leading to unprecedented productivity gains but also significant economic disruption.

The book traces the history of technological progress and explains the exponential nature of digital advancement through Moore's Law and related principles. The authors present evidence of how automation is affecting employment, wages, and inequality across sectors, while also highlighting opportunities for innovation and wealth creation.

The work became influential in policy and business circles, shaping discussions around technological unemployment, the future of work, and the need for education and policy adaptation. It contributed significantly to mainstream awareness of AI's economic implications and remains a foundational text in technology and economics discourse.

Last updated 31 August 2026