The Technology Trap by Dan Frey

Capital, Labor, and Power in the Age of Automation

A concise historical and economic analysis of how successive waves of technological change—from the Industrial Revolution to modern automation—reshape labor markets, concentrate capital, and generate political backlash; it argues that technology itself is neutral but institutions and policy choices determine whether societies adapt or suffer, and urges proactive measures (education, retraining, social protections, and institutional reform) to share the gains and protect displaced workers.