By the iggos, thanks to microprocessing advances in electronics, the old dream/nightmare of automation began to become a reality in both manual and bureaucratic labor: at last it would be cheaper to invest in machines than to pay people to work. The Culture of the New Capitalism - Page 7by Richard Sennett - 2007 - 214 pagesLimited preview
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H. Lee Martin - Science - 2006 - 256 pages
...Capitalism, states the implications of this advance in technology capability directly: "By the 1990s, thanks to microprocessing advances in electronics,...cheaper to invest in machines than to pay people to work."15 In his book The Age of Spiritual Machines, Ray Kurzweil projects the computational capabilities...