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Item Information   Holdings     Summary     More Content       More by this author     Acemoglu, Daron, author.     Subjects     Technology -- Social aspects.     Technology -- Economic aspects.     Progress.     Browse Catalog     by author:      Acemoglu, Daron, author.       by title:      Power and progress :...         MARC Display

Power and progress : our thousand-year struggle over technology and prosperity / Daron Acemoglu and Simon Johnson. by Acemoglu, Daron, author. New York : PublicAffairs, 2023. Subjects Technology -- Social aspects.   Technology -- Economic aspects.   Progress. ISBN:  9781541702530 (hardcover) : 1541702530 (hardcover) Description:  vii, 546 pages, 16 unnumbered pages of plates : illustrations ; 25 cm Edition:  First edition. Contents:  Prologue: What is progress? -- Control over technology -- Canal vision -- Power to persuade -- Cultivating misery -- A middling sort of revolution -- Casualties of progress -- The contested path -- Digital damage -- Artificial struggle -- Democracy breaks -- Redirecting technology. Requests:  1 Summary:  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 de-skilling 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.   Copy/Holding information Location Collection Call No. Status   Hawaii State Library Social Science & Philosophy 303.483 Ac Checked In Add Copy to MyList Hilo Public Library Adult Nonfiction 303.483 Acemoglu Checked In Add Copy to MyList Kihei Public Library Adult Nonfiction 303.483 Ac Checked In Add Copy to MyList

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