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Innovation + Equality
Book

Innovation + Equality

How to Create a Future That Is More Star Trek Than Terminator

Andrew Leigh and Joshua Gans
MIT Press, 2019

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Editorial Rating

9

Qualities

  • Analytical
  • Eye Opening
  • Insider's Take

Recommendation

Today’s world is more technologically advanced than ever, but remains vastly unequal. Many workers lose jobs to automation and start-ups struggle as successful large firms enjoy record-high returns. Joshua Gans, chair of an innovation and entrepreneurship program at the Rotman School at the University of Toronto, teams up with politician and former economics professor Andrew Leigh to explore how innovation shapes inequality – and how to create a better future. Drawing from economics, entrepreneurship and technology, their argument boils down to one idea: You don’t need inequality to innovate.

Take-Aways

  • As technology advances, inequality soars to record highs.
  • Ease the collateral damage of innovation by recognizing “creative destruction and unresolvable uncertainty.”
  • Tech optimists expect a rebirth in future innovations; tech pessimists see a dark age.

About the Authors

Joshua Gans is a professor and chair of an innovation and entrepreneurship program at the University of Toronto’s Rotman School. Andrew Leigh is an Australian politician and former economics professor.

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