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MIT Economist Daron Acemoğlu Takes on Big Tech: "Our Future Will Be Very Dystopian"
(www.spiegel.de)
this post was submitted on 01 Sep 2023
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From the article:
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.
I find his statement about wind mills without any merit. I am not historian and forgive me for being lazy, but if If I ask ChatGPT4 about it, here is the answer I get:
The invention of the windmill had a substantial impact on peasant life, particularly in medieval Europe. Before windmills, much of the labor-intensive tasks like grinding grain, pumping water, and other mechanical work were done manually or with the help of animals. The introduction of windmills automated these processes to some extent, making life easier for peasants by reducing their labor burden.
The windmill can be considered one of the key innovations that started moving societies away from purely manual labor, allowing people to focus on other tasks and thereby improving overall quality of life. While it didn't entirely revolutionize the peasant lifestyle overnight, it was a step towards greater efficiency and productivity.
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Yes, I understand that it is not really a proof, but at least some evidence that his statement is simply hot air.