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AI and Jobs: How to Make AI Work With Us, Not Against Us With Daron Acemoglu

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May 9, 2024
Economist Daron Acemoglu discusses AI's potential impact on jobs, emphasizing the need for a human-centric approach. Topics include historical technology shifts, worker rights, and balancing AI innovation for mutual benefit. The conversation explores AI's effects on society, productivity, and the importance of regulating AI development for positive outcomes.
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INSIGHT

History Shows Unequal Tech Benefits

  • Technological progress hasn't automatically benefitted all workers in history.
  • Early industrial advances often worsened worker conditions before power shifts improved outcomes.
INSIGHT

70s Shift Favored Automation

  • Since the 70s, deregulation and weakening unions favored automation over worker wages.
  • This led to digital tools prioritizing cost-cutting and automation rather than empowering workers.
INSIGHT

Growth Doesn’t Equal Equality

  • Productivity growth alone does not guarantee improved welfare for all.
  • The rise of a two-tier society shows productivity gains disproportionately benefit the top and skilled workers.
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