"Power & Progress": Professor Daron Acemoglu

We are living in an age of incredible technological innovation. But is it actually benefitting humanity? MIT Professors Daron Acemoglu and Simon Johnson have a tremendous new book on this exact question: “Power and Progress: Our Thousand-Year Struggle over Technology and Prosperity”. Professor Daron Acemoglu joins me today. In this podcast, we explore: • Why social scientists should pay attention to ‘vision’ • Did automation cause premature deindustrialisation? • Is firm size important? • Why did wages rise so rapidly in South Korea? • What’s caused the fall in worker power? • Why has automation increased? • How can technology be redirected?