The Innovation and Diffusion Podcast
S1 E8: Power Dynamics, Elitism, and Innovations with Daron Acemoglu from MIT
Feb 13, 2024
Economist Daron Acemoglu from MIT discusses automation, declining labor share, education, democracy, and government actions. He also talks about the impact of social change on class dynamics, the relationship between automation and democracy, and the role of government policies in steering technological innovation. Acemoglu shares insights on his production function, influences in economics, and challenges in academic work.
47:59
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Quick takeaways
- Automation drives inequality by impacting labor share and productivity trends.
- Political challenges arise from automation's potential to worsen inequality and affect democracy.
Deep dives
Drona Assamoglu's Diverse Expertise and Academic Career
Drona Assamoglu, a professor at MIT, known for his wide-ranging expertise, has worked on various topics from technology in the labor market to political economy and politics. His book, 'Power and Progress' co-authored with Simon Johnson, delves into how vision, ideology, and politics influence technical change.
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