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TL;DR
Thorsten Meyer’s new book ‘After the Paycheck’ explores how AI is transforming work and ownership. It offers an honest assessment of economic shifts, emphasizing ownership as central. The book is now available in serialized chapters and as an e-book.
Author Thorsten Meyer has released his new book, ‘After the Paycheck’, which critically examines the impact of AI on jobs and economic ownership. The book offers an honest, data-driven perspective on the future of work as automation accelerates, emphasizing that the core issue is not machines replacing humans but who controls the machines.
The book is available in serialized chapters on the Post-Labor Economics section and as a complete e-book. Meyer argues that existing narratives about AI—either catastrophic job losses or utopian abundance—are incomplete, as technology tends to arrive gradually and unevenly. The key insight is that the real challenge is ownership: the concentration of AI’s value in the hands of a few, which could exacerbate inequality.
Meyer describes how AI reaches jobs by peeling off tasks, making work more precarious long before full automation. He categorizes responses into three areas: income support (like basic income), ownership strategies (such as employee equity and sovereign wealth funds), and skills development (reskilling). He stresses that ownership reforms are most promising but also carry risks, citing Norway’s wealth fund as a positive example and looting scandals as cautionary tales.