![]() ![]() Today, AI is a tool of social control for some governments that also creates riches for a small number of people, according to Acemoglu and Johnson. In the past we have had automation, but with new tasks for people to do and sufficient countervailing power in society." The way we make progress with technology is by making machines useful to people, not displacing them. However, he adds, "Many algorithms are being designed to try to replace humans as much as possible. But a lot of people feel technology just descends on you, and you have to live with it."ĪI could develop as a beneficial force, Johnson says. "The book is about the choices we make with technology," Johnson says. In it, they examine who reaped the rewards from past innovations and who may gain from AI today, economically and politically. This applies, the scholars believe, to automation and artificial intelligence, which is the focus of a new book by Acemoglu and Johnson, "Power and Progress: Our 1000-Year Struggle Over Technology and Prosperity," published this week by PublicAffairs. As innovations take hold, one perpetual question is: Who benefits? But Johnson and his MIT colleague Daron Acemoglu, both economists, think it is. "Every cathedral that your parents dragged you to see in Europe is a symbol of despair and expropriation, made possible by higher productivity."Īt a glance, this might not seem relevant to life in 2023. "We've been struggling to share prosperity for a long time," says MIT Professor Simon Johnson.
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