intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century. it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, quote, choke democracy ? how? ai is a continuation of a trend that started perhaps around forty years ago, where we have been using digital technologies, for changing how production is organised, who controls information, and how we communicate.
thank you. a great pleasure to have you here. you have just written a book, power and progress, which goes through the impacts of some of the great technological shifts in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century, it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, choke
of the great technological shifts in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century, it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, choke democracy? how? ai is a continuation of a trend that started perhaps around two years ago, where we have been using digital technologi
daron acemoglu, in massachusetts, welcome to hardtalk. massachusetts, welcome to hardtalk hardtalk. thank you, it s a deli . ht hardtalk. thank you, it s a delight to hardtalk. thank you, it s a delight to be hardtalk. thank you, it s a delight to be on hardtalk. thank you, it s a delight to be on the - hardtalk. thank you, it s a - delight to be on the programme. a great pleasure to have you here you have just written a book power and progress which goes through the impacts of some of the great technological shift in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moment for humankind? i’m transformational moment for humankind? transformational moment for humankind? ., , ., humankind? i m not sure that it does but there humankind? i m not sure that it does but there is humankind? i m not sure that it does but there is a humankind? i m not sure that it
movement in the 1980s, that has got nothing to do with technology. that s ideology, it s not technology. in the book with simon we do put a lot of emphasis on the institutional changes and the changes in division of corporations, the shareholder value revolution, which said it is ok to just squeeze the workers harder so we can give a better return to the shareholders. but, actually, my own research shows, that the application of digital technologies was central to how the wage structure changed in the united states. you cannot understand what happened in the united states without robots, and numerically controlled machinery and office software displacing workers, especially middle skilled workers from their previous tasks and jobs. let s bring this down to level we can all understand, our own lives and how we operate. i can imagine there are people watching and listening to us who are now using chatgpt to help them do a work presentation