My 2009 book The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future is now available in Japanese. You can order from Amazon.co.jp here.
The book was translated by the Japanese Publisher, Asahi Shimbun Publications. According to Google Translate, the cover text says something like “Technology will steal 75% of employment” … which sounds pretty alarming.
That 75% figure actually comes from chapter 4 of the book, where I say this:
In this chapter, we are going to fast forward far into the future; we will imagine a time when at least three quarters of the jobs which exist in our current economy have been permanently automated away. In other words, the unemployment rate will be at least 75 percent—an almost unimaginably high level—and there will be no realistic hope that more jobs will be created in the future. Is it possible to have a prosperous economy and a civil society in such a scenario?
If we can devise a system that would work in such an admittedly extreme situation, then we should also be able to figure out a way to gradually transition into that new system, so that we can maintain economic stability as automation advances in the coming years and decades.
Now, I thought it was pretty clear that I was constructing a thought experiment there. In other words, imagine a really extreme, far future, situation and then lets talk about what we might do in terms of policies to adapt the economy. I wasn’t actually predicting 75% unemployment. However, a number of people seem to have taken it that way. There were also a few articles in the press citing the 75% figure. And, now, there it is on the cover of the Japanese edition. My guess is that a lot of very bad things would happen socially and politically before we would ever see 75% unemployment in the real world. But if it helps sell books…
When I wrote The Lights in the Tunnel, I thought the title — which refers to a thought experiment I utilize in the book — would be catchy and memorable. In retrospect, however, it doesn’t do such a great job of conveying what the book is really about, and, especially, doesn’t translate well into other languages. I have learned from this, and my new book (releasing May 5) is titled Rise of the Robots.