This is a request for reading suggestions.
I’m trying to think about the following problem: How are societies going to deal with a world in which labor for wages economic model that characterized the post-agrarian industrial age is increasingly breaking down? In other words, what is the future of work?
I realize this is a gigantic topic, so maybe it will help to give a a couple of examples of the kind of thing that’s triggered my puzzlement/curiosity:
(1) The market for getting paid to be a lawyer has been seriously constricted by forces such as machines doing what lawyers used to do, people who are not lawyers being paid (less) to do what lawyers used to do, do it yourself lawyering (LegalZoom etc), and globalization (people in other countries paid to do what before could only be done in the US (Pangea etc). Now if this were a problem peculiar to lawyers then the broader social consequences would be trivial. But it isn’t at all. One response I often get to my law school stuff is “what do you suggest we do instead?” It’s obviously a good question.
(2) Erik posted a few months ago about self-checkout machines at grocery stores. These machines lower transaction costs for consumers but they destroy jobs. What about a world in which everything is moving toward becoming a self-checkout machine?
I assume there must be all sorts of interesting things written about these questions. I just don’t know what they are, and would like to crowd source my initial research instead of paying an RA to do it.