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TL;DR
Thorsten Meyer’s new book, ‘After the Paycheck,’ critically examines AI’s role in future employment and wealth distribution. It highlights that ownership, not automation, is the key issue. The book is now available as a serialized chapter and e-book.
Thorsten Meyer has published ‘After the Paycheck’, a book that offers a critical, data-driven analysis of how artificial intelligence is transforming the economy, focusing on ownership and wealth distribution rather than just job displacement. The book is now accessible as a serialized chapter in the Post-Labor Economics section and as a complete e-book, aiming to provide clarity amid conflicting narratives about AI and employment.
The book challenges the common narratives of doom and utopia surrounding AI’s impact on work. Meyer argues that the core issue is ownership of the technology, not the automation itself. He explains that AI’s economic value flows to those who control data, models, and computing power, which are concentrated in a small number of hands, risking increased inequality.
Meyer describes how AI affects jobs gradually, peeling off tasks rather than replacing entire roles overnight. He discusses responses such as basic income, ownership models, and skills training, emphasizing that no single solution suffices. Instead, a combination of policies—floor, stake, and bridge—are necessary, with political choices shaping outcomes.
The author openly states his bias, noting that he benefits from AI himself, but maintains that honest, data-backed discussion is essential for understanding the future. The book aims to help readers evaluate the true risks and opportunities AI presents, beyond hype and fears.