The rich and powerful have hijacked progress throughout history, says Daron Acemoğlu. They did so back in the Middle Ages and also now in the age of artificial intelligence. In an interview, the MIT economist dives into the question of whether Silicon Valley is plunging humanity into destitution.
Allow me to respond in kind.
Here’s Perplexity.ai’s response (based on GPT-4) to your response:
And then I asked Perplexity.ai to expand on the last two sentences. I thought they were too condensed.
tl;dr: Technological innovation has improved the lives of elites and peasants. This is undeniable and is not under consideration. What is under consideration is who benefits from technological innovation at its introduction (or over some relatively other short time period that isn’t “the past”).
Also, as a beneficiary of it, AI is so fucking cool.