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Smart Machines and Service Work: Automation in an Age of Stagnation

Now the robots may no longer be called Frankenstein or R2D2, but Siri, Alexa, AlphaGo or Yaskawa Motoman

Jason E. Smith, Aron Benanav: Smart Machines and Service Work: Automation in an Age of Stagnation, Automation and the Future of Work

GROWTH: Capitalism, through "creative destruction" and technological disruption, created the conditions for a new cycle of economic growth. But now the trend seems to continue towards zero. Is it a vicious circle of global competition, falling prices, overcapacity, technological inertia (rather than innovation) and falling incentives to invest – which is the cause of capitalism's protracted crisis?