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.

Daron Acemoglu, MIT economist, discusses the impact of tech on economics, generative AI's limitations, automation in customer service, future of AI, a rock and roll con, and social responsibility in tech companies.

Political economist Daron Acemoglu discusses the impact of technology on inequality and power. He explores historical disparities in technological advancements, challenges technological determinism, and emphasizes proactive measures to support disadvantaged groups. The conversation delves into the role of visions in technological development, the importance of addressing income inequality for economic growth, and the influence of ideas and power dynamics in shaping economics and society.

MIT economist Daron Acemoglu and AI investment expert Jim Covello discuss the skepticism around AI investment. They explore the challenges of scaling AI models, the potential of AI superintelligence, and the impact on job creation. The podcast also covers the need for realistic expectations in AI investments and the importance of tangible applications for investors.

Daron Acemoglu, a renowned professor known for his groundbreaking research on institutions, now pivots to explore culture's economic impact. He discusses how culture drives liberty and prosperity, emphasizing its nuanced role beyond simplistic views. The conversation dives into the influence of beliefs and cultural dynamics on behaviors, as well as the contrast between Confucianism and the Hindu caste system. Acemoglu also examines the relationship between cultural changes and political legitimacy while analyzing challenges faced by societies in adapting to modernization.

MIT professor Daron Acemoglu discusses Marxism and AI revolution. Topics include economic relations in AI, ownership of creative data, AI surpassing human capabilities, data ownership, and AI ethics in the digital era.

Daron Acemoglu, a celebrated MIT professor and 2024 Nobel Prize winner, dives deep into his groundbreaking research on economics. He explores why some nations thrive while others struggle, emphasizing the crucial role of institutions and historical legacies. The conversation tackles the complex interplay between technology and inequality, highlighting how advancements can harm or help society. Acemoglu critiques current tech practices that prioritize profit over human empowerment, all while reflecting on economic shifts since World War II.

In the Middle Ages, agricultural advancements enriched the nobility and the Church, which used the wealth generated to build themselves magnificent houses and cathedrals, while the peasants went hungry. The early years of England’s industrial revolution brought stagnant incomes for the working class. In recent decades technological advances have put untold amounts of wealth into the hands of the 0.1 per cent, while today, the sudden leap forward in artificial intelligence is threatening jobs and democracy through automation, data collection, and surveillance.But does it have to be this way? MIT economist Daron Acemoglu has an alternative vision. His big idea: wrest control of AI from the hands of a few arrogant tech leaders and empower society instead. Is technology too important to leave to the billionaires? Can AI really be democratised? Listen now to this conversation hosted by Carl Miller, recorded in London. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In his new book, "Power and Progress: Our 1000-Year Struggle Over Technology and Prosperity", renowned MIT Professor of Economics Daron Acemoglu (with co-author Simon Johnson) argues that the benefits from technological progress are shaped by the distribution of power in society. In this episode, Acemoglu joins Bethany and Luigi to discuss the key challenges of ensuring that this progress benefits everyone, not just the wealthy and powerful. They discuss the rules, norms, and expectations around technology governance, the unintended consequences of AI development, and how the mismanagement of property rights, especially over data, can reinforce inequality and exploitation.Show Notes:In case you missed it, revisit our recent episode with David Autor, referenced in this discussionRevisit "Democracy and Economic Growth: New Evidence," co-authored by Daron Acemoglu, on ProMarket

Economist Daron Acemoglu & ME policy expert Tamara Wittes join to discuss if economic conditions or cultural backlash drive support for democracy, exploring challenges from authoritarian politics globally and ways to counter illiberal leaders through inclusive institutions and compelling policies. They also delve into the impact of state influence in Arab economies post-colonialism and the importance of civil society in fostering sustainable US-Middle East relations.