In an August 7, 2023 article published in Reuters Mark John summarizes the main points of Power and Progress. Medieval advancements, like improved plows, failed to uplift Europe's peasants because rulers used the resulting wealth to build cathedrals. Daron Acemoglu and Simon Johnson in Power and Progress warn that a similar concentration of benefits could occur with AI, where a select few might monopolize the advantages AI promises increased productivity and potential societal liberation from mundane tasks, there's also fear about its job-destroying capabilities, as technology historically has unequal and uncertain economic impacts. Technological progress needs to benefit society at large, but recent trends in shareholder capitalism favor a narrow concentration of gains. As AI integrates into workplaces, worker rights and broad societal impacts must be considered.