Power and Progress : Our Thousand-Year Struggle Over Technology and Prosperity

WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICS_x000D_ _x000D_ LONGLISTED FOR THE BAILLIE GIFFORD PRIZE_x000D_ LONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEAR_x000D_ SHORTLISTED FOR THE LIONEL GELBER PRIZE_x000D_ A FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEAR_x000D_ _x000D_ UPDATED WITH A NEW PREFACE_x000D_ _x000D_ 'The blueprint we need for the challenges ahead' Shoshana Zuboff_x000D_ _x000D_ 'If you are not already an addict of Daron Acemoglu and Simon Johnson's previous books, Power and Progress is guaranteed to make you one' Jared Diamond_x000D_ _x000D_ 'A breathtaking tour of the history and future of technology' Abhijit Banerjee and Esther Duflo_x000D_ _x000D_ A bold new interpretation of why technology benefits the elites - and how we must reshape the path of innovation to create true shared prosperity._x000D_ _x000D_ A thousand years of history make one thing clear: progress is not automatic but depends on the choices we make. Much of the wealth generated by agricultural advances during the Middle Ages was captured by the Church while the peasants starved. The first hundred years of industrialization delivered stagnant incomes for workers, while making a few people rich. Throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy. It doesn't have to be this way._x000D_ _x000D_ Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision to reshape how we innovate so we can create real prosperity for all.