Book review of Acemoglu, Daron and Johnson, Simon: Power and progress: our thousand-year struggle over technology and prosperity

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automation, artificial intelligence, synthetic biology, economics

Abstract (summary)

Daron Acemoglu has been among noted economists to study the economics of automation. His latest book has received attention from prominent economists and academics such as Abhijit Banerjee, Esther Duflo, Angus Deaton, Joel Mokyr, and Michael Sandel, amongst others. The purpose of this review is to summarize his main thesis and situate it in the milieu of popular books on automation, artificial intelligence (AI) and synthetic biology including Susskind (2020) and Suleyman/Bhaskar (2023).

Publication Information

Jahangir, J. (2024). Book review of Acemoglu, Daron and Johnson, Simon: Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity: New York, 2023 (560 pages, Public Affairs, hardcover, ISBN-13: 978-1541702530). European Journal of Economics and Economic Policies: Intervention, 21(2), 360-362. https://doi.org/10.4337/ejeep.2024.0132

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