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AI Superpowers

AI Superpowers Book
Author : Kai-Fu Lee
Publisher : Houghton Mifflin Harcourt
Release : 2018-09-25
ISBN : 1328545865
Language : En, Es, Fr & De

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Book Description :

THE NEW YORK TIMES, USA TODAY, AND WALL STREET JOURNAL BESTSELLER Dr. Kai-Fu Lee—one of the world’s most respected experts on AI and China—reveals that China has suddenly caught up to the US at an astonishingly rapid and unexpected pace. In AI Superpowers, Kai-fu Lee argues powerfully that because of these unprecedented developments in AI, dramatic changes will be happening much sooner than many of us expected. Indeed, as the US-Sino AI competition begins to heat up, Lee urges the US and China to both accept and to embrace the great responsibilities that come with significant technological power. Most experts already say that AI will have a devastating impact on blue-collar jobs. But Lee predicts that Chinese and American AI will have a strong impact on white-collar jobs as well. Is universal basic income the solution? In Lee’s opinion, probably not. But he provides a clear description of which jobs will be affected and how soon, which jobs can be enhanced with AI, and most importantly, how we can provide solutions to some of the most profound changes in human history that are coming soon.

AI Superpowers

AI Superpowers Book
Author : Kai-Fu Lee
Publisher : Houghton Mifflin
Release : 2018-09-25
ISBN : 132854639X
Language : En, Es, Fr & De

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Book Description :

Introduction -- China's Sputnik moment -- Copycats in the Coliseum -- China's alternate Internet universe -- A tale of two countries -- The four waves of AI -- Utopia, dystopia, and the real AI crisis -- The wisdom of cancer -- A blueprint for human co-existence with AI -- Our global AI story

AI Superpowers

AI Superpowers Book
Author : Kai-Fu Lee
Publisher : Mariner Books
Release : 2019
ISBN : 9780358105589
Language : En, Es, Fr & De

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Book Description :

A New York Times Bestseller One of the world's most respected experts on AI and China reveals that China has suddenly caught up to the United States at an astonishingly rapid and unexpected pace.

Summary of AI Superpowers by Kai Fu Lee Free book by QuickRead com

Summary of    AI Superpowers    by Kai Fu Lee   Free book by QuickRead com Book
Author : QuickRead,Lea Schullery
Publisher : QuickRead.com
Release :
ISBN :
Language : En, Es, Fr & De

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Book Description :

Do you want more free books like this? Download our app for free at https://www.QuickRead.com/App and get access to hundreds of free book and audiobook summaries. Learn how China was able to catch up to the US as an AI superpower and discover the future of artificial intelligence. As we live in a world where cars no longer need drivers, phones can be unlocked with facial recognition, and the internet can even provide advertisements based on your browsing history, it’s becoming more and more apparent that artificial intelligence (AI) is only going to get better. While the AI movement began in the United States, other countries have quickly caught up, including China who is now one of the largest AI superpowers in the world. However, the two countries continue to compete in the AI race and the two take drastically different approaches. For instance, China is determined to become the world leader and is doing whatever it takes to get there, including funneling billions of dollars into AI tech start-ups and making it as easy as possible to launch a new start-up. As Silicon Valley competes with its Chinese counterpart, Zhongguancun, Kai-Fu Lee discusses everything, including what led to China’s success, what the future of AI looks like, and how a change in values can make our world a better place.

Summary Analysis of AI Superpowers

Summary   Analysis of AI Superpowers Book
Author : ZIP Reads
Publisher : ZIP Reads
Release : 2018-10-18
ISBN :
Language : En, Es, Fr & De

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Book Description :

PLEASE NOTE: This is a summary and analysis of the book and not the original book. If you'd like to purchase the original book, please paste this link in your browser: https://amzn.to/2CQnCmy In his bestselling book, AI Superpowers: China, Silicon Valley, and the New World Order,world-renowned expert on AI and China Kai-Fu Lee presents a broad look at the current state of AI, China's dramatic progress in the last 5 years, and the massive social disruption that will occur as AI replaces half the jobs in the world. What does this ZIP Reads Summary Include? Synopsis of the original bookA history of the development of AIAn insider look at China's culture of innovationThe dangers AI poses to humanity as a wholeSpecific careers most likely to be affected by AIPotential solutions to the massive unemployment caused by AIIn-depth Editorial ReviewBackground on Kai-Fu Lee About the Original Book: As AI is poised to bring about the most massive social disruption humanity has ever seen, Kai-Fu Lee takes a detailed approach to discuss the current state of the technology and the world, who is most poised to benefit from it, and who is most likely to lose out when AI takes over. Ultimately, however, Lee's book is a call for compassion--to see AI as a tool to help benefit humanity as a whole rather than a dystopian future rife with economic inequality and global unrest. No matter who you are, Lee will help you better understand the future of AI we can expect to see in just 15 years. DISCLAIMER: This book is intended as a companion to, not a replacement for, AI Superpowers: China, Silicon Valley, and the New World Order. ZIP Reads is wholly responsible for this content and is not associated with the original author in any way. Please follow this link: https://amzn.to/2CQnCmy to purchase a copy of the original book. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.

China Airborne

China Airborne Book
Author : James Fallows
Publisher : Vintage
Release : 2013-02-05
ISBN : 1400031273
Language : En, Es, Fr & De

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Book Description :

From one of our most influential journalists, here is a timely, vital, and illuminating account of the next stage of China’s modernization—its plan to rival America as the world’s leading aerospace power and to bring itself from its low-wage past to a high-tech future. In 2011, China announced its twelfth Five-Year Plan, which included the commitment to spend a quarter of a trillion dollars to jump-start its aerospace industry. In China Airborne, James Fallows documents, for the first time, the extraordinary scale of China’s project, making clear how it stands to catalyze the nation’s hyper-growth and hyper-urbanization, revolutionizing China in ways analogous to the building of America’s transcontinental railroad in the nineteenth century. Completing this remarkable picture, Fallows chronicles life in the city of Xi’an, home to 250,000 aerospace engineers and assembly-line workers, and introduces us to some of the hucksters, visionaries, entrepreneurs, and dreamers who seek to benefit from China’s pursuit of aeronautical supremacy. He concludes by explaining what this latest demonstration of Chinese ambition means for the United States and for the rest of the world—and the right ways for us to respond.

Human Machine

Human   Machine Book
Author : Paul R. Daugherty,H. James Wilson
Publisher : Harvard Business Press
Release : 2018-03-20
ISBN : 1633693872
Language : En, Es, Fr & De

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Book Description :

AI is radically transforming business. Are you ready? Look around you. Artificial intelligence is no longer just a futuristic notion. It's here right now--in software that senses what we need, supply chains that "think" in real time, and robots that respond to changes in their environment. Twenty-first-century pioneer companies are already using AI to innovate and grow fast. The bottom line is this: Businesses that understand how to harness AI can surge ahead. Those that neglect it will fall behind. Which side are you on? In Human + Machine, Accenture leaders Paul R. Daugherty and H. James (Jim) Wilson show that the essence of the AI paradigm shift is the transformation of all business processes within an organization--whether related to breakthrough innovation, everyday customer service, or personal productivity habits. As humans and smart machines collaborate ever more closely, work processes become more fluid and adaptive, enabling companies to change them on the fly--or to completely reimagine them. AI is changing all the rules of how companies operate. Based on the authors' experience and research with 1,500 organizations, the book reveals how companies are using the new rules of AI to leap ahead on innovation and profitability, as well as what you can do to achieve similar results. It describes six entirely new types of hybrid human + machine roles that every company must develop, and it includes a "leader’s guide" with the five crucial principles required to become an AI-fueled business. Human + Machine provides the missing and much-needed management playbook for success in our new age of AI. BOOK PROCEEDS FOR THE AI GENERATION The authors' goal in publishing Human + Machine is to help executives, workers, students and others navigate the changes that AI is making to business and the economy. They believe AI will bring innovations that truly improve the way the world works and lives. However, AI will cause disruption, and many people will need education, training and support to prepare for the newly created jobs. To support this need, the authors are donating the royalties received from the sale of this book to fund education and retraining programs focused on developing fusion skills for the age of artificial intelligence.

SUMMARY BUNDLE Ethics Technology

SUMMARY BUNDLE   Ethics   Technology Book
Author : ZIP Reads
Publisher : ZIP Reads
Release : 101-01-01
ISBN :
Language : En, Es, Fr & De

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Book Description :

PLEASE NOTE: This is a collection of summaries, analyses, and reviews of the books, and NOT the original books. Whether you'd like to deepen your understanding, refresh your memory, or simply decide whether or not these books are for you, ZIP Reads Summary & Analysis is here to help. Absorb everything you need to know in about 20 minutes per book! This ZIP Reads Summary & Analysis Bundle includes: - Summary & Analysis of AI Superpowers | A Guide to the Book by Kai-Fu Lee - Summary & Analysis of Brief Answers to the Big Questions | A Guide to the Book by Stephen Hawking - Summary & Analysis of The Laws of Human Nature | A Guide to the Book by Robert Greene - Summary & Analysis of The Uninhabitable Earth | A Guide to the Book by David Wallace-Wells - Summary & Analysis of Winners Take All | A Guide to the Book by Anand Giridharadas Each summary includes key takeaways and analysis of the original book to help you quickly absorb the author's wisdom in a distilled and easy-to-digest format. ZIP Reads' summaries mean you save time and money reading only what you need. Buy this five-book bundle and delve into some of the greatest minds of our time as they explore ethics, technology, science, religion, and the future of humanity. AI Superpowers Overview In his bestselling book, AI Superpowers: China, Silicon Valley, and the New World Order, world-renowned expert on AI and China Kai-Fu Lee presents a broad look at the current state of AI, China's dramatic progress in the last 5 years, and the massive social disruption that will occur as AI replaces half the jobs in the world. Brief Answers to the Big Questions Overview In Stephen Hawking's final book, he answers ten of the "big" questions he was asked during his life. His answers are thoughtful, expansive, and brilliant—just as you would except from one of the most renowned scientific minds in human history. The Laws of Human Nature Overview Are you emotionally healthy? Are people often manipulating you? Bestselling author Robert Greene dives deep into the laws that control human nature, exposing the darkness and the light that is within each our souls. A truly riveting read! The Uninhabitable Earth Overview It’s a shove off the fence post and a call to action; David Wallace-Wells will not be satisfied until barriers to understanding climate change are obliterated. He taps into our collective survival instinct by challenging our individual roles in this all-encompassing issue. Winners Take All Overview Columnist and political analyst Anand Giridharadas exposes the deep secrets of how a few wealthy individuals manipulate the masses through their pseudo-philanthropic activities. Each summary includes key takeaways and analysis of the original book to help you quickly absorb the author's wisdom in a distilled and easy-to-digest format. ZIP Reads' summaries mean you save time and money reading only what you need. DISCLAIMER: This book is intended as a companion to, not a replacement for the original books. ZIP Reads is wholly responsible for this content and is not associated with the original authors in any way.

Architects of Intelligence

Architects of Intelligence Book
Author : Martin Ford
Publisher : Packt Publishing Ltd
Release : 2018-11-23
ISBN : 178913126X
Language : En, Es, Fr & De

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Book Description :

Book Description How will AI evolve and what major innovations are on the horizon? What will its impact be on the job market, economy, and society? What is the path toward human-level machine intelligence? What should we be concerned about as artificial intelligence advances? Architects of Intelligence contains a series of in-depth, one-to-one interviews where New York Times bestselling author, Martin Ford, uncovers the truth behind these questions from some of the brightest minds in the Artificial Intelligence community. Martin has wide-ranging conversations with twenty-three of the world's foremost researchers and entrepreneurs working in AI and robotics: Demis Hassabis (DeepMind), Ray Kurzweil (Google), Geoffrey Hinton (Univ. of Toronto and Google), Rodney Brooks (Rethink Robotics), Yann LeCun (Facebook) , Fei-Fei Li (Stanford and Google), Yoshua Bengio (Univ. of Montreal), Andrew Ng (AI Fund), Daphne Koller (Stanford), Stuart Russell (UC Berkeley), Nick Bostrom (Univ. of Oxford), Barbara Grosz (Harvard), David Ferrucci (Elemental Cognition), James Manyika (McKinsey), Judea Pearl (UCLA), Josh Tenenbaum (MIT), Rana el Kaliouby (Affectiva), Daniela Rus (MIT), Jeff Dean (Google), Cynthia Breazeal (MIT), Oren Etzioni (Allen Institute for AI), Gary Marcus (NYU), and Bryan Johnson (Kernel). Martin Ford is a prominent futurist, and author of Financial Times Business Book of the Year, Rise of the Robots. He speaks at conferences and companies around the world on what AI and automation might mean for the future.

Red AI

Red AI Book
Author : Nina Xiang
Publisher :
Release : 2019-06-28
ISBN : 9781076774866
Language : En, Es, Fr & De

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Book Description :

Red AI: Victories and Warnings From China's Rise In Artificial Intelligence is the definitive book on one of the most important topics of our time. It is the first thorough investigation of the Chinese AI industry and an insight-filled, intriguing narrative that will shed light on China AI for global policymakers, business and technology professionals.This is the first book where readers gain an insider's peek into the much-hyped industry across all the major segments of AI's commercial applications in China. From facial recognition, surveillance, speech recognition, autonomous driving, robotics, AI chips, healthcare, financial services, and other sectors, the book unveils what is really happening behind the scenes in all these areas.Author Nina Xiang, a veteran China-based tech journalist who has tracked the Chinese AI industry for years, interviewed hundreds of people and traveled to dozens of Chinese cities to bring the industry alive with vivid detail. Nina Xiang presents a sweeping overview of an industry that is still largely misunderstood.About the AuthorNina Xiang is the founder of China Money Network, a news and data platform tracking China's smart investments and technology innovation.After graduating as the valedictorian in high school in China, she went on a distinguished journalism career serving in editorial positions at Bloomberg BusinessWeek, Euromoney Institutional Investor, China Radio International and China Business Network in Beijing, New York, Shanghai, and Hong Kong. With nearly 15 years of media experience and as an expert on the Chinese venture capital and technology sector, she is an agenda contributor for the World Economic Forum and contributes to foster cross-border technology cooperation.

Falling Leaves

Falling Leaves Book
Author : Adeline Yen Mah
Publisher : Broadway
Release : 1997
ISBN : 0767903579
Language : En, Es, Fr & De

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Book Description :

The daughter of a wealthy Hong Kong businessman describes her very difficult childhood and the psychological abuse she suffered at the hands of her stepmother

Unscaled

Unscaled Book
Author : Hemant Taneja
Publisher : PublicAffairs
Release : 2018-03-27
ISBN : 1610398130
Language : En, Es, Fr & De

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Book Description :

Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society--the economies of scale--on its head. An innovative trend combining technology with economics is unraveling behemoth industries--including corporations, banks, farms, media conglomerates, energy systems, governments, and schools-that have long dominated business and society. Size and scale have become a liability. A new generation of upstarts is using artificial intelligence to automate tasks that once required expensive investment, and "renting" technology platforms to build businesses for hyper-focused markets, enabling them to grow big without the bloat of giant organizations. In Unscaled, venture capitalist Hemant Taneja explains how the unscaled phenomenon allowed Warby Parker to cheaply and easily start a small company, build a better product, and become a global competitor in no time, upending entrenched eyewear giant Luxottica. It similarly enabled Stripe to take on established payment processors throughout the world, and Livongo to help diabetics control their disease while simultaneously cutting the cost of treatment. The unscaled economy is remaking massive, deeply rooted industries and opening up fantastic possibilities for entrepreneurs, imaginative companies, and resourceful individuals. It can be the model for solving some of the world's greatest problems, including climate change and soaring health-care costs, but will also unleash new challenges that today's leaders must address.

Prediction Machines

Prediction Machines Book
Author : Ajay Agrawal,Joshua Gans,Avi Goldfarb
Publisher : Harvard Business Press
Release : 2018-04-17
ISBN : 1633695689
Language : En, Es, Fr & De

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Book Description :

"What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google Artificial intelligence does the seemingly impossible, magically bringing machines to life--driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In the face of such uncertainty, many analysts either cower in fear or predict an impossibly sunny future. But in Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs. When AI is framed as cheap prediction, its extraordinary potential becomes clear: Prediction is at the heart of making decisions under uncertainty. Our businesses and personal lives are riddled with such decisions. Prediction tools increase productivity--operating machines, handling documents, communicating with customers. Uncertainty constrains strategy. Better prediction creates opportunities for new business structures and strategies to compete. Penetrating, fun, and always insightful and practical, Prediction Machines follows its inescapable logic to explain how to navigate the changes on the horizon. The impact of AI will be profound, but the economic framework for understanding it is surprisingly simple.

Artificial Intelligence

Artificial Intelligence Book
Author : Harvard Business Review,Thomas H. Davenport,Erik Brynjolfsson,Andrew McAfee,H. James Wilson
Publisher : Harvard Business Press
Release : 2019-08-27
ISBN : 1633697908
Language : En, Es, Fr & De

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Book Description :

Companies that don't use AI will soon be obsolete. From making faster, better decisions to automating rote work to enabling robots to respond to emotions, AI and machine learning are already reshaping business and society. What should you and your company be doing today to ensure that you're poised for success and keeping up with your competitors in the age of AI? Artificial Intelligence: The Insights You Need from Harvard Business Review brings you today's most essential thinking on AI and explains how to launch the right initiatives at your company to capitalize on the opportunity of the machine intelligence revolution. Business is changing. Will you adapt or be left behind? Get up to speed and deepen your understanding of the topics that are shaping your company's future with the Insights You Need from Harvard Business Review series. Featuring HBR's smartest thinking on fast-moving issues--blockchain, cybersecurity, AI, and more--each book provides the foundational introduction and practical case studies your organization needs to compete today and collects the best research, interviews, and analysis to get it ready for tomorrow. You can't afford to ignore how these issues will transform the landscape of business and society. The Insights You Need series will help you grasp these critical ideas--and prepare you and your company for the future.

AIQ

AIQ Book
Author : Nick Polson,James Scott
Publisher : St. Martin's Press
Release : 2018-05-15
ISBN : 1250182166
Language : En, Es, Fr & De

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Book Description :

“There comes a time in the life of a subject when someone steps up and writes the book about it. AIQ explores the fascinating history of the ideas that drive this technology of the future and demystifies the core concepts behind it; the result is a positive and entertaining look at the great potential unlocked by marrying human creativity with powerful machines.” —Steven D. Levitt, bestselling co-author of Freakonomics From leading data scientists Nick Polson and James Scott, what everyone needs to know to understand how artificial intelligence is changing the world and how we can use this knowledge to make better decisions in our own lives. Dozens of times per day, we all interact with intelligent machines that are constantly learning from the wealth of data now available to them. These machines, from smart phones to talking robots to self-driving cars, are remaking the world in the 21st century in the same way that the Industrial Revolution remade the world in the 19th century. AIQ is based on a simple premise: if you want to understand the modern world, then you have to know a little bit of the mathematical language spoken by intelligent machines. AIQ will teach you that language—but in an unconventional way, anchored in stories rather than equations. You will meet a fascinating cast of historical characters who have a lot to teach you about data, probability, and better thinking. Along the way, you'll see how these same ideas are playing out in the modern age of big data and intelligent machines—and how these technologies will soon help you to overcome some of your built-in cognitive weaknesses, giving you a chance to lead a happier, healthier, more fulfilled life.

Big Mind

Big Mind Book
Author : Geoff Mulgan
Publisher : Princeton University Press
Release : 2019-11-12
ISBN : 0691196168
Language : En, Es, Fr & De

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Book Description :

"A new field of collective intelligence has emerged in the last few years, prompted by a wave of digital technologies that make it possible for organizations and societies to think at large scale. This "bigger mind"--Human and machine capabilities working together--has the potential to solve the great challenges of our time. So why do smart technologies not automatically lead to smart results? Gathering insights from diverse fields, including philosophy, computer science, and biology, Big Mind reveals how collective intelligence can guide corporations, governments, universities, and societies to make the most of human brains and digital technologies. Geoff Mulgan explores how collective intelligence has to be consciously organized and orchestrated in order to harness its powers. He looks at recent experiments mobilizing millions of people to solve problems, and at groundbreaking technology like Google Maps and Dove satellites. He also considers why organizations full of smart people and machines can make foolish mistakes--from investment banks losing billions to intelligence agencies misjudging geopolitical events--and shows how to avoid them. Highlighting differences between environments that stimulate intelligence and those that blunt it, Mulgan shows how human and machine intelligence could solve challenges in business, climate change, democracy, and public health. But for that to happen we'll need radically new professions, institutions, and ways of thinking. Informed by the latest work on data, web platforms, and artificial intelligence, Big Mind shows how collective intelligence could help us survive and thrive"--Publisher's website.

The Fourth Age

The Fourth Age Book
Author : Byron Reese
Publisher : Atria Books
Release : 2020-03-17
ISBN : 1501158570
Language : En, Es, Fr & De

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Book Description :

As we approach a great turning point in history when technology is poised to redefine what it means to be human, The Fourth Age offers fascinating insight into AI, robotics, and their extraordinary implications for our species. “If you only read just one book about the AI revolution, make it this one” (John Mackey, cofounder and CEO, Whole Foods Market). In The Fourth Age, Byron Reese makes the case that technology has reshaped humanity just three times in history: 100,000 years ago, we harnessed fire, which led to language; 10,000 years ago, we developed agriculture, which led to cities and warfare; 5,000 years ago, we invented the wheel and writing, which lead to the nation state. We are now on the doorstep of a fourth change brought about by two technologies: AI and robotics. “Timely, highly informative, and certainly optimistic” (Booklist), The Fourth Age provides an essential background on how we got to this point, and how—rather than what—we should think about the topics we’ll soon all be facing: machine consciousness, automation, changes in employment, creative computers, radical life extension, artificial life, AI ethics, the future of warfare, superintelligence, and the implications of extreme prosperity. By asking questions like “Are you a machine?” and “Could a computer feel anything?”, Reese leads you through a discussion along the cutting edge in robotics and AI, and provides a framework by which we can all understand, discuss, and act on the issues of the Fourth Age and how they’ll transform humanity.

Tech Titans of China

Tech Titans of China Book
Author : Rebecca Fannin
Publisher : Nicholas Brealey
Release : 2019-09-03
ISBN : 1529374510
Language : En, Es, Fr & De

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Book Description :

The rise of China's tech companies and intense competition from the sector is just beginning. This will present an ongoing management and strategy challenge for companies for many years to come. Tech Titans of China is the go-to-guide for companies (and those interested in competition from China) seeking to understand China's grand tech ambitions, who the players are and what their strategy is. Fannin, an expert on China, is an internationally-recognized journalist, author and speaker. She hosts 12 live events annually for business leaders, venture capitalists, start-up founders, and others impacted by or interested in cashing in on the Chinese tech industry. In this illuminating book, she provides readers with the ammunition they need to prepare and compete. Featuring detailed profiles of the Chinese tech companies making waves, the tech sectors that matter most in China's grab for super power status, and predictions for China's tech dominance in just 10 years.

Machine Platform Crowd Harnessing Our Digital Future

Machine  Platform  Crowd  Harnessing Our Digital Future Book
Author : Andrew McAfee,Erik Brynjolfsson
Publisher : W. W. Norton & Company
Release : 2017-06-27
ISBN : 0393254305
Language : En, Es, Fr & De

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Book Description :

“A clear and crisply written account of machine intelligence, big data and the sharing economy. But McAfee and Brynjolfsson also wisely acknowledge the limitations of their futurology and avoid over-simplification.” —Financial Times In The Second Machine Age, Andrew McAfee and Erik Brynjolfsson predicted some of the far-reaching effects of digital technologies on our lives and businesses. Now they’ve written a guide to help readers make the most of our collective future. Machine | Platform | Crowd outlines the opportunities and challenges inherent in the science fiction technologies that have come to life in recent years, like self-driving cars and 3D printers, online platforms for renting outfits and scheduling workouts, or crowd-sourced medical research and financial instruments.

Big Is Beautiful

Big Is Beautiful Book
Author : Robert D. Atkinson,Michael Lind
Publisher : MIT Press
Release : 2018-03-30
ISBN : 0262345676
Language : En, Es, Fr & De

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Book Description :

Why small business is not the basis of American prosperity, not the foundation of American democracy, and not the champion of job creation. In this provocative book, Robert Atkinson and Michael Lind argue that small business is not, as is widely claimed, the basis of American prosperity. Small business is not responsible for most of the country's job creation and innovation. American democracy does not depend on the existence of brave bands of self-employed citizens. Small businesses are not systematically discriminated against by government policy makers. Rather, Atkinson and Lind argue, small businesses are not the font of jobs, because most small businesses fail. The only kind of small firm that contributes to technological innovation is the technological start-up, and its success depends on scaling up. The idea that self-employed citizens are the foundation of democracy is a relic of Jeffersonian dreams of an agrarian society. And governments, motivated by a confused mix of populist and free market ideology, in fact go out of their way to promote small business. Every modern president has sung the praises of small business, and every modern president, according to Atkinson and Lind, has been wrong. Pointing to the advantages of scale for job creation, productivity, innovation, and virtually all other economic benefits, Atkinson and Lind argue for a “size neutral” policy approach both in the United States and around the world that would encourage growth rather than enshrine an anachronism. If we overthrow the “small is beautiful” ideology, we will be able to recognize large firms as the engines of progress and prosperity that they are.