The Link Between Technological Change and Prosperity

The podcast explores how technological change has historically affected prosperity. It discusses the Industrial Revolution in England, where technological advancements led to productivity gains but did not result in broad-based prosperity. The episode highlights the importance of creating conditions for technological change to benefit everyone and questions whether the current AI revolution will deliver shared benefits or only benefit a few. It emphasizes the need for public funding, democratization of AI development, and the focus on creating new tasks and opportunities for all.