4min chapter

Your Undivided Attention cover image

AI and Jobs: How to Make AI Work With Us, Not Against Us With Daron Acemoglu

Your Undivided Attention

CHAPTER

Shift in Technological Progress and Labor Dynamics in the 1970s

This chapter delves into the 1970s changes that steered technological advancement to favor shareholders over workers, moving away from post-war regulations aimed at benefitting workers. It discusses the consequences of weakened unions, automation, and technological unemployment, leading to increased job insecurity for low-education workers.

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