Town Hall Seattle Civics Series

With today’s emerging technologies, including things like artificial intelligence, are quickly becoming mainstream. AIs like ChatGPT, the chatbot that can produce answers to questions and write essays and poems, have become sensational hits in our culture. What’s the cost of all of these so-called advances? If you ask economist Simon Johnson, the cost could be astronomical. In his latest book, Power and Progress (co-authored with MIT’s Daron Acemoglu), Johnson believes that we are at a pivotal point in history where technology could either provide widespread prosperity or accelerate the power and wealth gaps in our society. Many people throughout history, and in current today, have assumed that technological advances mean progress for all. Johnson explores how this assumption actually played out throughout history. The wealth generated by technological improvements in agriculture during the European Middle Ages was captured by the nobility and used to build grand cathedrals while peasants remained on the edge