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.
Humanity is already plunging into dystopia without AI. Changing A.I. Doesn’t matter as much as changing our economic system, and flaunting of wealth and power to ensure it only gets worse. A.I. Just makes it more immediate and obvious.