The Economics Show Rethinking the AI boom, with Daron Acemoğlu
Sep 2, 2024
Daron Acemoğlu, an MIT economics professor and author of "Power and Progress," dives deep into AI's impact on productivity and the economy. He challenges the overly optimistic views on AI's contributions to growth, urging caution in the pace of technological disruption. The discussion highlights the historical effects of technology on worker prosperity and advocates for regulatory measures to prevent corporate power concentration. Acemoğlu emphasizes the importance of equitable competition and the need for policy reforms that enhance education and support human workers.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 3min
AI's Economic Impact: A Cautious Perspective
02:39 • 14min
The Power Dynamics of Technology and Workers' Prosperity
16:50 • 3min
Addressing the Power of Technology Companies: A Multifaceted Approach
19:47 • 2min
Economies of Scale and AI Competition
21:30 • 7min
Policy Solutions for Technology Improvement in Education and Skilled Labor
28:03 • 4min