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A bold reinterpretation of economics and history revealing why technology does not inevitably lead to shared prosperity, and how we must redirect innovation in the age of AI to benefit all. A thousand years of history and contemporary evidence make it clear that progress depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity. At no point has this been truer than the crossroads we face today. The transformation of work by digital technologies and AI could make life better for most people, or possibly much worse - depending on the economic, social, and political choices we make. Through powerful, illuminating examples, Daron Acemoglu and Simon Johnson fundamentally change how we see the world. The wealth generated by technological improvements in agriculture during the European Middle Ages was captured by the nobility and used to build grand c

"An absorbing and thorough examination" of the Bank for International Settlements, "one of the world's most important yet opaque institutions" (Reuters) The Bank for International Settlements is the bank for central banks. It is one of the world's most secretive--and most influential--global financial institutions. Created by the governors of the Bank of England and the Reichsbank in 1930 and protected by an international treaty, the BIS and its assets are untouchable, legally beyond the reach of any government or jurisdiction. In the 1940s, under the supervision of an American banker, the BIS accepted looted Nazi gold, conducted deals for the Reichsbank, and was used by both the Allies and the Axis powers as a secret contact point to keep the channels of international finance open. Now updated with two new chapters on the BIS's role in the development of Central Bank Digital Currencies and their disturbing implications for civil liberties and personal financial autonomy, Tower of Base

An AI expert reveals the transformative potential of artificial intelligence to usher in a new era of scientific discovery Researchers are publishing more papers than ever before, but human expertise has grown narrower and the rate of scientific progress is slowing. But AI will reverse this trend. AI pioneer Richard Socher argues that AI will usher in a century's worth of breakthroughs in just the next decade as each stage of the scientific process--from hypothesis to experiment, from data to theory--is connected and transformed. The Eureka Machine pulls back the curtain on how AI is already revolutionizing fields as diverse as medicine, cell biology, economics, neuroscience, and astronomy. The results? Radically sped-up timelines for drug development, simulated life-forms accurate down to the subcellular level, and a nascent ability to read and record thoughts (even dreams!). Every branch of science will be transformed, but none more than the new science of intelligence itself. The fu