Comment on MIT Economist Daron Acemoğlu Takes on Big Tech: "Our Future Will Be Very Dystopian"

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PeepinGoodArgs@reddthat.com ⁨1⁩ ⁨year⁩ ago

From the article:

Take medieval windmills, a very transformative technology. It changed the organization of textile manufacturing, but especially agriculture. But you didn’t see much improvement in the conditions of the peasants. The windmills were controlled by landowners and churches. This narrow elite collected the gains. They decided who could use the windmills. They killed off competition

Except technological innovation didn’t benefit “us”, it benefited elites.

Der Spiegel’s implicit argument (in the one sentence of (“But it is true that humankind has indeed benefited a lot from new technologies”) is that technological change benefited “us” over time and, therefore, technological change is good. Acemoğlu offers a different amount of time to survey to determine the effects of innovation, which challenges the idea that technological change is always good.

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