John Cassidy, staff writer at The New Yorker and author of Capitalism and Its Critics, argues that AI's economic disruption fits a recognizable historical pattern rather than an unprecedented rupture. Speaking at the Institute for Advanced Study's Wolfensohn Hall under the Dr. S. T. Lee Fund for Historical Studies, Cassidy draws on his book's survey of capitalism's critics, from Marx onward, to frame how societies have historically reckoned with technological upheaval and economic calamity. He traces threads from his earlier books, How Markets Fail and Dot.Con, connecting the dot-com bubble and the 2008 financial crisis to present anxieties about automation and labor displacement. The talk uses this long view to ask what history can tell us about who bears the costs of disruption and how political and economic systems adapt, or fail to. Cassidy's background writing The Financial Page column for three decades grounds the lecture in close, journalistic attention to markets alongside historical argument.