The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment

John Zysman and Martin Kenney

No 61, ETLA Reports from The Research Institute of the Finnish Economy

Abstract: Abstract This report argues that computer-intensive automation (CIAutomation) is likely to change the nature of work and manufacturing value creation in the emerging Platform Economy. The industrial and service changes based on low-cost computation, as they become more generalized, may reverse Robert Gordon’s observations about the slowing growth in productivity. However, the increased adoption of CIAutomation also poses profound dilemmas for society that revolve around whether this automation will be used to solely to replace workers or can be integrated into production of goods and services in ways that augment human capacities and intelligence. Finally, we speculate upon the role of the state in in governing and shaping the emergence of the Platform Economy.

Keywords: Platforms; Automation; Gig economy; Governance; Public policy (search for similar items in EconPapers)
JEL-codes: D78 L86 O33 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2016-10-17
New Economics Papers: this item is included in nep-ict, nep-ino, nep-pay and nep-tid
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Citations: View citations in EconPapers (4)

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