Average Is Over

In 'Average Is Over,' Tyler Cowen explains how the new economy is shaped by the increasing use of machine intelligence, leading to a significant gap between high earners who leverage technology and low earners who do not.

The book discusses the erosion of middle-class jobs, the rise of a 'hyper-meritocracy,' and the need for workers and entrepreneurs to adapt to this new economic landscape.

Cowen also provides insights into how education, job markets, and social dynamics will be affected by these changes.