Is Technological Progress Good For Everyone? With Daron Acemoglu
Capitalisn't
00:00
The Importance of Technology in the Industrial Revolution
Timothy Stanley: Automation is not the only type of technological progress that doesn't automatically lead to higher living standards for workers. He says there was a huge amount of hardship imposed on workers, children as young as five and six in the first half of the 19th century. Stanley: If indeed it wasn't automatic, this is just like other times when things depend on these contingent factors.
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