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Future Now 012 — Daron Acemoglu on the future of work and AI

Future Now

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The Impact of Industrialization on Prosperity and Equality

The second half of the 19th century marked the beginning of a phenomenon in Britain, continental Europe, and the United States, characterized by industrialization and technological advancements. Notably, the post-World War II era saw rapid automation and technological empowerment of workers, leading to shared prosperity and wage growth across demographic groups. Conversely, the late 19th century witnessed a drive to make workers more productive through industrial technologies due to a lack of skilled artisans, particularly evident in the US.

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