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03177aam a22004338i 4500 001 FB22DA24010B11EEB5B5CDCD2BECA4DB 003 SILO 005 20230602010835 008 221209s2023 nyuaf e b 001 0 eng 010 $a 2022059230 020 $a 1541702530 020 $a 9781541702530 035 $a (OCoLC)1358405566 040 $a DLC $b eng $e rda $c DLC $d BDX $d OCLCF $d TOH $d YDX $d LJW $d JCX $d RNL $d SILO 042 $a pcc 050 00 $a T14.5 A29 2023 100 1 $a Acemoglu, Daron, $e author. 245 10 $a Power and progress : $b our thousand-year struggle over technology and prosperity / $c Daron Acemoglu and Simon Johnson. 250 $a First edition. 264 1 $a New York : $b PublicAffairs, $c 2023. 300 $a vii, 546 pages, 16 unnumbered pages of plates : $b illustrations ; $c 25 cm 504 $a Includes bibliographical references (pages 475-516) and index. 520 $a "Two bestselling authors overturn conventional wisdom about how economies work, revealing the untold story of who wins and who loses the rewards of prosperity, in a work that fundamentally transforms how we look at and understand the world"-- $c Provided by publisher. 520 $a 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. 650 0 $a Technology $x Social aspects. 650 0 $a Technology $x Economic aspects. 650 0 $a Progress. 700 1 $a Johnson, Simon, $e author. 941 $a 8 952 $l USUX851 $d 20240403014201.0 952 $l UNUX074 $d 20240402013523.0 952 $l BJPD251 $d 20240223010700.0 952 $l NYPE343 $d 20240118010305.0 952 $l TCPG826 $d 20230802010610.0 952 $l CAPH522 $d 20230701010054.0 952 $l CDPF771 $d 20230607010109.0 952 $l SAPG074 $d 20230606011308.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=FB22DA24010B11EEB5B5CDCD2BECA4DB 994 $a C0 $b IWAInitiate Another SILO Locator Search