Tag Archives: Revolution

The economic disruption of the technology tsunami has political repercussions

In an occasional series I do on the economic disruption caused by the technology tsunami, see The technology tsunami is replacing ‘good paying jobs’ that are not coming back, and (Update) Public policy is failing to address the economic disruption from rapidly advancing technology for example, I look at the effects of automation, computerization, robotics and artificial intelligence on jobs and the economy.

But technology also has repercussions on our politics, as technological innovations have had in the past throughout history. Axios.com, which does a good job of reporting on the technology tsunami, reports on new research today. Robots may have given Trump an edge in 2016:

For two years, historians, economists and others have pondered whether western leaders, facing a growing populist challenge, must prepare for an even greater temblor resembling the French Revolution or 1930s fascism.

The big picture: In a new paper in the Oxford Review of Economist Policy, U.K. economist Carl Frey and two co-authors argue that the 2016 U.S. presidential election — and the effects of industrial automation during the decades before — may be a signal of worse to come.

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