Asia Centric by Bloomberg Intelligence cover image

Asia Centric by Bloomberg Intelligence

AI Economic Impact Overstated, Says MIT's Acemoglu

Sep 18, 2024
25:40

AI has been hailed as a transformative technology with McKinsey estimating it could add $26 trillion to the global economy. While many investors have already jumped on the AI bandwagon, not everyone agrees.

Daron Acemoglu, Institute Professor at MIT and author of books including Why Nations Fail, takes a critical look at AI and explains why the economic and social benefits may have been overstated. He joins John Lee of Bloomberg Intelligence and Katia Dmitrieva of Bloomberg News on the Asia Centric podcast.

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