Publisher's Synopsis
We are living in an era of rapid change, where technological advancements, globalization, and the digital economy are redefining not only the way we work but also the structures of our societies and the distribution of opportunities and wealth. Technology, once seen as a social equalizer that would bring progress to all, now appears to be widening the gap between rich and poor. Entire sectors are being automated, new forms of work are emerging, and traditional models of employment and job security are shaking under an increasingly uncertain landscape.
Since the dawn of the Industrial Revolution, humanity has witnessed transformative moments that have reshaped the way we work and live. However, in the 21st century, the speed and global scale of technological acceleration seem to challenge the capacity of institutions, governments, and society as a whole to adapt. While new technologies have generated unprecedented wealth and improved key aspects of our lives, such as health and access to information, they have also concentrated power and resources in the hands of a minority elite. As a result, millions of people are witnessing their jobs disappear or become precarious, facing a widening gap between the skills they have and those demanded by the labor market.
As artificial intelligence, robotics, and the digital economy redefine the very concept of work, many traditional jobs that have provided stability and security to families and communities for centuries are being replaced or transformed into precarious roles. For some, the future of work is filled with promises of efficiency, optimization, and convenience. For others, it represents the destabilization of livelihoods and increasing economic insecurity. The "gig economy" or platform economy, for example, celebrated for its flexibility and adaptability, also reflects how many workers have shifted from secure jobs with benefits to a series of temporary and fragmented gigs, where stability and social support are conspicuously absent.
Throughout this book, we will examine the forces driving this transformation in work and their implications for inequality. Automation, which replaces human labor in fields as varied as manufacturing and retail, not only threatens to displace workers but also redefines who and how value is created in our economy. Meanwhile, globalization continues to move jobs from one corner of the world to another, intensifying labor competition and eroding national barriers, sometimes at the expense of labor rights and living standards. Lastly, the digital economy, which promised to connect the world and democratize access to opportunities, has brought a new dynamic of wealth and power concentration in the hands of tech giants, whose decisions affect millions of workers worldwide.
However, technology itself is not the problem; rather, it is how it is integrated and regulated in our society. History shows that technological advancements can be tools for equity or inequality, depending on how they are implemented. Faced with this challenge, today's leaders have the responsibility to rethink policies and structures to ensure that the benefits of technology are shared equitably. This includes initiatives like ongoing education and training in digital skills, strengthening social safety nets for those affected by technological transitions, and exploring innovative solutions such as universal basic income.
The chapters in this book address these issues with the depth and breadth necessary to understand the complexity of current changes. We will analyze the phenomenon of "technological inequality," exploring how the concentration of wealth in the tech sector is creating a new economic elite and how this affects democracy, access to opportunities, and social cohesion.
