Columbia professor proposes technocracy to remedy effects of the Great Depression

The video discusses the role of technology in the machine age, highlighting that the world depression is not due to machinery overproduction but rather the lack of control over it for human benefit. It emphasizes the need for machines to serve humans and the importance of providing work opportunities to share industrial benefits. The video suggests that applying technocratic principles could help America recover from depression.

What new insight or understanding did you gain from this video?