Caractéristiques et avantages
- Technological progress can either benefit elite groups or serve as a foundation for widespread prosperity
- Historical evidence demonstrates how peasants in the European Middle Ages were kept in poverty due to the wealth being captured by nobility
- Furthermore, the beginning of the industrial era also led to stagnant incomes for working-class people
- Currently, concerns about digital technologies and machine intelligence have led to undermining of democracy and job loss
- Daron Acemoglu and Simon Johnson offer fresh insights into economics and history that will help redirect innovation and benefit most people
- Advanced technological developments, when wielded correctly, can become empowering and democratizing tools
