![]() “In truth, ‘You Are Not Expected to Understand This’ is startlingly understandable! These vivid, lucid, brilliant essays tell the origin stories of coding, the secret infrastructure that shapes our online life. ![]() Joshua Gans, coauthor of Prediction Machines: The Simple Economics of Artificial Intelligence Read The New Goliaths to see how the forest came to have only room for a few tall trees with the rest of us in the undergrowth. “Bessen is a master of unpacking the nuances of a complex array of interrelated trends to build a coherent story of how the promise of the democratized Internet ended up under the control of just a few. Philippe Aghion, co-author of The Power of Creative Destruction This book is an absolute must-read for scholars, policy makers, and anyone interested in the history of growth, innovation, and technological revolutions.” “Jim Bessen offers the first detailed account of how concretely the IT revolution ended up discouraging growth and creative destruction in the overall economy while dramatically increasing market concentration and income inequality. His book contains accounts of the evolving use of software in many industries, including autos, banking, retailing, insurance, garbage hauling, logistics and trucking.” ![]() ![]() He is a business historian and a fluid writer. “Blending data analysis with narrative case studies is the hallmark of Mr. ![]()
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