Techonomics You Should Know: Life-Changing Economics of Disruptive Technologies

Technologies can be disruptive and unpredictable, but the economic framework for understanding their impacts is surprisingly consistent and simple.

"An insightful guide that demystifies the economics of technology. A must read to prepare you for the changes head!" - Rajeev Mittal, Fidelity International AxJ, Managing Director

"This book, like its author, is clear, insightful, and able to open doors to new ideas." - Chloe Yung, crypto.com, Group General Counsel

Technologies unlock endless possibilities—artificial intelligence, virtual reality, and the blockchain all promise to change the way we live and work. But navigating the myriad of technological developments can be overwhelming. How do they work? How will they affect my life? Will I lose my job? Will I still make a decent living, or will I find once-in-a-lifetime opportunities to make a fortune?

In Techonomics You Should Know, Taosha Wang, a seasoned technology investor and trained economist, breaks down the techonomic impact on three essential fronts: jobs, income, and wealth. Using this intuitive approach, the book provides refreshing clarity on how to deal with the latest technologies from the perspective of real-life individuals:

• AI will disrupt 40% of our collective work hours, but, no, there won’t be mass unemployment. In fact, the more AI we use, the more human judgments we will need. Find out which jobs will rise and which ones will fall.
• Global economic growth rate will accelerate by 50% over the next decade. However, not everyone benefits equally, if at all. The middle class will need all the help they can get. They will also have to rethink their increasingly complicated relationships with big tech.
• The supply of Bitcoin peaks in one hundred years, but the supply of US dollars? Never. The simple rule of supply and demand still holds for the value of new digital assets. History also has an illuminating lesson for today’s crypto investors.

Clear, insightful, and practical, Techonomics You Should Know guides you through the impacts of disruptive technologies with confidence and ease.