Why the power of technology rarely goes to the people: a new book reviewing 1,000 years of technological progress reveals how it benefits entrenched interests

Throughout history, the advantages and costs of technological innovations have been unevenly distributed between the powerful and the rest of society, assert economists Daron Acemoglu and Simon Johnson in their new book, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity....

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Bibliographic Details
Main Authors: Acemoglu, Daron (Author), Johnson, Simon 1963- (Author), Viswanath, Kaushik (Author)
Format: Electronic eBook
Language:English
Published: [Cambridge, Massachusetts] MIT Sloan Management Review 2023
Edition:[First edition].
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Links:https://learning.oreilly.com/library/view/-/53863MIT65127/?ar
Summary:Throughout history, the advantages and costs of technological innovations have been unevenly distributed between the powerful and the rest of society, assert economists Daron Acemoglu and Simon Johnson in their new book, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity. In a Q&A, they discuss what's wrong with today's approach to automation, why machine usefulness is more important than machine intelligence, and what techno-optimists and -pessimists both get wrong.
Item Description:"Reprint #65127."
Physical Description:1 Online-Ressource (6 Seiten)