Why have US tech oligarchs become so powerful?
MIT Stone Center on Inequality & Shaping Work
•
March 18, 2025
MIT Stone Center on Inequality & Shaping Work
@mitshapingworkAbout
The James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work at MIT analyzes the forces that contribute to growing income and wealth inequality through the erosion of job quality and labor market opportunities for workers without a college degree. We identify innovative ways to move the economy onto a more equitable trajectory by carrying out cutting-edge research, developing curricula, and convening students, scholars, policymakers, and practitioners.
Video Description
MIT economist and Nobel laureate Simon Johnson explains why "tech oligarchs" have so much power in the United States, why it matters, and how advances in generative AI could either exacerbate or disrupt these trends. Simon Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management and Co-Director of the MIT Shaping the Future of Work Initiative.
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