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THE DECLINE OF INTERNATIONAL STUDIES
JULY/AUGUST 2015
Hi, Robot
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HI, ROBOT
Work and Life in the
Age of Automation
F O R E I G N A F F A I R S .C O M
Portrait by renowned illustrator Joseph Adolphe.
WILMINGTON TRUST RENOWNED INSIGHT
“The biggest challenge for your
business today?
Tomorrow.”
Transitioning ownership of
your business will undoubtedly
be one of the most signi cant
events of your life. However,
with careful planning at each
stage, you’ll be ready for what’s
ahead – and con dent that
you’ll preserve everything you’ve
worked so hard to build.
Growing your business.
e right combination of deposit,
lending, cash management, and
insurance solutions will best help
to fuel the growth of your business
and manage risk. It’s also a good
time to be sure your will and
estate planning documents are
in order, and that you’re utilizing
tax-minimization strategies.
Transitioning business
capital to personal capital.
As your business evolves, you
may consider selling or transitioning
to a family member, or someone
outside the family. At this stage
you’ll determine your exit strategy,
value your business, and secure
the right buyer.
Managing and transferring
personal wealth.
Your hard
work pays o . You’ll begin to
implement trust and planning
strategies to transfer wealth to
the next generation, and to
support select charitable causes.
ONLY 30%
OF FAMILY BUSINESSES
SURVIVE INTO THE
SECOND GENERATION
Source: familybusinessinstitute.com
Donald P. DiCarlo Jr.,
M.A., J.D., LL.M. (Tax)
National Director of
Business Advisory Services,
Senior Wealth Strategist
Don helps business owners
develop and implement customized
business succession strategies.
He is part of a seasoned team
of professionals who exemplify
Wilmington Trust’s 112-year heritage
of successfully advising business
owners.
For access to the expertise
of professionals like Don and
the rest of our team, contact
Mark Graham at 302-651-1665.
Founded by family business
leader T. Coleman duPont 112
years ago, Wilmington Trust has
the experience to help guide you
through times of growth and
succession. We focus on both your
business and personal nancial
needs, making each transition in
your journey a seamless one.
For more insight on
how we’ve successfully advised
clients for more than a century,
visit wilmingtontrust.com/
capitaltransitions.
FIDUCIARY SERVICES | WEALTH PLANNING | INVESTMENT MANAGEMENT | PRIVATE BANKING
This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. This article is not designed or intended to
provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed,
the services of your professional advisor should be sought.
Investments: • Are NOT FDIC-Insured • Have NO Bank Guarantee • May Lose Value
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation (M&T). Investment management and fiduciary
services are provided by Wilmington Trust Company, operating in Delaware only, and Wilmington Trust, N.A., a national bank. Loans, retail and business deposits, and other personal
and business banking services and products are offered by M&T Bank, member FDIC.
©2015 Wilmington Trust Corporation and its affiliates. All rights reserved.
Volume 94, Number 4
hi, robot
The Robots Are Coming
2
How Technological Breakthroughs Will Transform Everyday Life
Daniela Rus
Will Humans Go the Way of Horses?
8
Labor in the Second Machine Age
Erik Brynjolfsson and Andrew McAfee
Same as It Ever Was
15
Why the Techno-optimists Are Wrong
Martin Wolf
The Coming Robot Dystopia
23
All Too Inhuman
Illah Reza Nourbakhsh
The Next Safety Net
cove r: Jon Be rkeley
29
Social Policy for a Digital Age
Nicolas Colin and Bruno Palier
July/August 2015

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