Power and progress : our thousand-year struggle over technology and prosperity
(Book)

Book Cover
Average Rating
Contributors
Published
New York : PublicAffairs, 2023.
Status

Copies

LocationCall NumberStatusDue Date
Non-Fiction - 2nd Floor303.483 AcemogluChecked OutAugust 17, 2024

Description

Loading Description...

Also in this Series

Checking series information...

More Like This

Loading more titles like this title...

More Details

Published
New York : PublicAffairs, 2023.
Format
Book
Physical Desc
vii, 546 pages, 16 unnumbered pages of plates : illustrations ; 25 cm
Language
English

Notes

Bibliography
Includes bibliographical references (pages 475-516) and index.
Description
Artificial intelligence and other innovative technologies won't guarantee a rising standard of living for workers, according to this lucid manifesto. MIT economists Acemoglu and Johnson explore historical instances of new technology failing to pay off for workers: improved agricultural practices and equipment in medieval Europe conferred few benefits on peasants while lords and churchmen expropriated the increased output; the first century of the Industrial Revolution brought no income gain to laborers; recent advances in digital technology have yielded stagnant working-class wages while tech moguls make fortunes. But another path of broadly shared prosperity is possible, the authors contend, citing the post-WWII era when strong unions, government regulations, and relatively enlightened corporate management ensured that workplace automation, rather than deskilling and discarding workers, improved their marginal productivity and wages and created plenty of higher-skilled jobs. Acemoglu and Johnson give an incisive analysis of the economics of labor and technology, along with a trenchant critique of the "techno-optimism" of corporate visionaries, though their own ideas about what a truly worker-friendly artificial intelligence might look like remain hazy. Still, this is a stimulating call for social and political action to ensure the rising tide of innovation lifts all boats.

Reviews from GoodReads

Loading GoodReads Reviews.

Citations

APA Citation, 7th Edition (style guide)

Acemoglu, D., & Johnson, S. (2023). Power and progress: our thousand-year struggle over technology and prosperity (First edition.). PublicAffairs.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Acemoglu, Daron and Simon, Johnson. 2023. Power and Progress: Our Thousand-year Struggle Over Technology and Prosperity. PublicAffairs.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Acemoglu, Daron and Simon, Johnson. Power and Progress: Our Thousand-year Struggle Over Technology and Prosperity PublicAffairs, 2023.

MLA Citation, 9th Edition (style guide)

Acemoglu, Daron,, and Simon Johnson. Power and Progress: Our Thousand-year Struggle Over Technology and Prosperity First edition., PublicAffairs, 2023.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

Staff View

Loading Staff View.