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Nobel economist, author of Why Nations Fail, frequent guest
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Follow Daron Acemoglu— it's freeWhy Nations Fail: The Origins of Power, Prosperity, and Poverty (Daron Acemoglu) - Amazon USA Store: https://www.amazon.com/dp/B0058Z4NR8?tag=9natree-20 - Amazon Worldwide Store: https://global.buys.trade/Why-Nations-Fail%3A-The-Origins-of-Power%2C-Prosperity%2C-and-Poverty-Daron-Acemoglu.html - Apple Books: https://books.apple.com/us/audiobook/why-nations-fail-the-origins-of-power-prosperity/id1419391278?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree - eBay: https://www.ebay.com/sch/i.html?_nkw=Why+Nations+Fail+The+Origins+of+Power+Prosperity+and+Poverty+Daron+Acemoglu+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1 - Shopee: https://asia.buys.trade/shopee_Why-Nations-Fail-Daron-Acemoglu.html - Lazada: https://asia.buys.trade/lazada_Why-Nations-Fail-Daron-Acemoglu.html - Tiktok: https://asia.buys.trade/tiktok_Why-Nations-Fail-Daron-Acemoglu.html - Baca selengkapnya: https://indonesia.9natree.com/read/B0058Z4NR8/ #institusiinklusif #institusiekstraktif #hakmilikdaninovasi #ekonomipolitikpembangunan #KoreaUtaradanKoreaSelatan #WhyNationsFail Why Nations Fail: The Origins of Power, Prosperity, and Poverty adalah buku nonfiksi ekonomi politik karya Daron Acemoglu dan James A. Robinson. Buku ini membahas pertanyaan besar tentang mengapa sebagian negara menjadi makmur, sementara yang lain tetap miskin, terjebak konflik, atau stagnan dalam waktu lama. Inti argumennya adalah bahwa perbedaan itu terutama ditentukan oleh institusi politik dan ekonomi yang dibangun manusia, bukan oleh letak geografis, budaya, iklim, atau sekadar pengetahuan kebijakan. Dengan pendekatan sejarah yang luas, buku ini membandingkan banyak contoh dari berbagai era dan wilayah untuk menunjukkan bagaimana institusi yang inklusif mendorong partisipasi, inovasi, dan pertumbuhan, sedangkan institusi yang ekstraktif memusatkan kekuasaan dan menghambat kemajuan. Karena menggabungkan sejarah, ekonomi, dan ilmu politik, buku ini cocok dibaca oleh siapa saja yang ingin memahami akar ketimpangan global secara lebih serius dan terstruktur.
Why Nations Fail: The Origins of Power, Prosperity, and Poverty (Daron Acemoglu) - Amazon USA Store: https://www.amazon.com/dp/B0058Z4NR8?tag=9natree-20 - Amazon Worldwide Store: https://global.buys.trade/Why-Nations-Fail%3A-The-Origins-of-Power%2C-Prosperity%2C-and-Poverty-Daron-Acemoglu.html - Apple Books: https://books.apple.com/us/audiobook/why-nations-fail-the-origins-of-power-prosperity/id1419391278?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree - eBay: https://www.ebay.com/sch/i.html?_nkw=Why+Nations+Fail+The+Origins+of+Power+Prosperity+and+Poverty+Daron+Acemoglu+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1 - Shopee: https://asia.buys.trade/shopee_Why-Nations-Fail-Daron-Acemoglu.html - Lazada: https://asia.buys.trade/lazada_Why-Nations-Fail-Daron-Acemoglu.html - Tiktok: https://asia.buys.trade/tiktok_Why-Nations-Fail-Daron-Acemoglu.html - Đọc thêm: https://vietnam.9natree.com/read/B0058Z4NR8/ #thểchếbaotrùm #thểchếkhaithác #quyềnlựcchínhtrị #pháhủysángtạo #kinhtếchínhtrịpháttriển #WhyNationsFail Why Nations Fail là một cuốn sách phi hư cấu thuộc lĩnh vực kinh tế chính trị, lịch sử và phát triển, do Daron Acemoglu và James A. Robinson viết. Cuốn sách tìm cách trả lời một câu hỏi rất lớn, vì sao có những quốc gia giàu có, ổn định và sáng tạo, trong khi những quốc gia khác lại nghèo đói, bất ổn và trì trệ kéo dài. Thay vì quy nguyên nhân cho địa lý, khí hậu, văn hóa hay mức độ thông minh của con người, tác giả cho rằng yếu tố quyết định nằm ở thể chế chính trị và kinh tế do con người tạo ra. Từ đó, cuốn sách phân biệt giữa thể chế bao trùm, khuyến khích tham gia rộng rãi, bảo vệ quyền sở hữu và tạo động lực đổi mới, với thể chế khai thác, tập trung quyền lực và của cải vào một nhóm nhỏ. Bằng hệ thống ví dụ lịch sử và hiện đại, sách xây dựng một khung phân tích để hiểu vì sao các quốc gia phát triển theo những con đường rất khác nhau.
In this episode, we explore the crucial insights of Nobel Prize-winning economist Daron Acemoglu regarding the future of artificial intelligence. Acemoglu emphasizes the importance of using AI to enhance human capabilities, the necessity for proactive policy frameworks to address job displacement and inequality, and the need for interdisciplinary collaboration among economists, technologists, and policymakers. His perspective offers a grounded view on how AI can be a tool for economic growth rather than a source of disruption. - Daron Acemoglu's vision for AI enhancing human capabilities - The importance of policy frameworks to address AI's impact - Strategies to mitigate job displacement and inequality - The call for collaboration among various sectors in AI development - The role of education and training in adapting to AI advancements ## Sources: 1. [Three things in AI to watch, according to a Nobel-winning economist]( https://www.technologyreview.com/2026/05/11/1137090/three-things-in-ai-to-watch-according-to-a-nobel-winning-economist/) Source: technologyreview.com --- ☕ Enjoying AI News Digest? Support the show at [buymeacoffee.com/ainewsdigest]( https://buymeacoffee.com/ainewsdigest) — every coffee helps keep the daily episodes coming! 🌐 Website: [ainewsdigest.net]( https://ainewsdigest.net ) | 🐦 Twitter: [@AiNewsDigestPod]( https://x.com/AiNewsDigestPod) Become a supporter of this podcast: https://www.spreaker.com/podcast/ai-news-digest--6791190/support .
In this bonus episode, Nobel Prize-winning economist Daron Acemoglu joins Sam to challenge some of the most common assumptions about artificial intelligence’s future. Drawing on his book Power and Progress , Daron argues that technology doesn’t have a fixed destiny — and that today’s choices will determine whether AI boosts workers or simply accelerates automation and inequality. He makes a case for focusing on new tasks that complement human skills, rather than replacing them, and warns that current incentives push AI toward centralization and automation by default. The conversation tackles productivity myths, reliability risks, and why regulation should proactively steer AI toward social good. Read the episode transcript here . Guest bio: Daron Acemoglu is an institute professor at MIT, faculty codirector of the James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work, and a research affiliate at MIT’s newly established Blueprint Labs. He is an elected fellow of the National Academy of Sciences, American Philosophical Society, the British Academy of Sciences, the Turkish Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. He is also a member of the Group of Thirty. He has authored six books, including Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity with Simon Johnson. His work in economics has been recognized around the world, notably with the Nobel Prize in economic sciences, along with co-laureates Johnson and James A. Robinson, in 2024. *Please take our listener survey: mitsmr.com/podcastsurvey It's short — we promise! — and all respondents will receive a free MIT SMR article collection, "Maximizing the Value of Generative AI." Me, Myself, and AI is a podcast produced by MIT Sloan Management Review and hosted by Sam Ransbotham. It is engineered by David Lishansky and produced by Allison Ryder. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials. ME, MYSELF, AND AI® is a federally registered trademark of Massachusetts Institute of Technology. All rights reserved.
Why Nations Fail (Daron Acemoglu) - Amazon Sweden Store: https://www.amazon.se/dp/1846684307?tag=9natreesweden-21 - Amazon Worldwide Store: https://global.buys.trade/Why-Nations-Fail-Daron-Acemoglu.html - Apple Books: https://books.apple.com/us/audiobook/the-startup-growth-book-50-proven-ways-to-scale-your/id1588313974?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree - eBay: https://www.ebay.com/sch/i.html?_nkw=Why+Nations+Fail+Daron+Acemoglu+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1 - Läs mer: https://swedish.top/read/1846684307/ #institutioner #ekonomiskutveckling #politiskekonomi #välståndochfattigdom #rättsstat #WhyNationsFail Det här är de viktigaste lärdomarna från den här boken. För det första, Inkluderande och extraktiva institutioner, Ett kärnbudskap är skillnaden mellan inkluderande och extraktiva institutioner. Inkluderande institutioner innebär att många människor har rättigheter, skydd för ägande, möjligheter att delta i ekonomin och tillgång till opartiska spelregler. När företagande, innovation och arbete belönas, blir det rationellt att investera långsiktigt och utveckla ny teknik. Extraktiva institutioner fungerar tvärtom: de är utformade för att överföra resurser från majoriteten till en elit genom monopol, korruption, godtyckliga skatter, svag rättsstat eller politiskt tvång. Boken förklarar att extraktion inte bara skapar fattigdom utan också instabilitet, eftersom grupper som utestängs saknar skäl att lita på systemet. Den visar även att ekonomiska institutioner hänger ihop med politiska: om makten är koncentrerad blir det svårt att upprätthålla breda rättigheter. Poängen är att välstånd inte kommer av enskilda policytricks, utan av institutioner som skapar rätt incitament och begränsar möjligheten att plundra samhället. För det andra, Politisk makt, konflikt och uthålliga eliter, Boken beskriver utveckling som en politisk process där grupper konkurrerar om makt och om kontrollen över institutionerna. När en elit tjänar på status quo har den ofta starka skäl att blockera reformer, även om reformer skulle höja den totala välfärden. Detta kan innebära att man motarbetar utbildningssatsningar, teknisk förändring eller öppnare marknader, eftersom sådana förändringar hotar elitens ekonomiska och politiska dominans. Författaren betonar att konflikt inte är ett undantag utan en återkommande drivkraft bakom institutionell förändring. Samtidigt framhålls att varaktiga förbättringar kräver att makt blir mer pluralistisk och att regler binder även de mäktiga. När politiska system saknar fungerande kontrollmekanismer kan tillfälliga perioder av tillväxt ändå sluta i stagnation, eftersom eliterna återtar kontrollen eller försvagar reformerna. Läsaren får en ram för att förstå varför vissa länder pendlar mellan hoppfulla omvälvningar och bakslag, och varför stabilt välstånd nästan alltid förutsätter institutioner som sprider politiskt inflytande och gör maktutövning ansvarig inför medborgarna. För det tredje, Kritik av enkla förklaringar som geografi och kultur, Acemoglu argumenterar mot idén att klimat, naturresurser, religion eller nationell mentalitet ensamma kan förklara rikedom och fattigdom. Boken lyfter fram att liknande geografiska förutsättningar kan ge olika utfall när institutionerna skiljer sig åt, och att kulturella normer ofta förändras som svar på ekonomiska och politiska incitament snarare än tvärtom. Den tar även upp resursrikedom som ett tveeggat svärd: naturtillgångar kan bli en källa till konflikt och rent seeking om institutionerna tillåter att vinsterna privatiseras av ett fåtal. På samma sätt problematiseras påståendet att vissa samhällen skulle sakna entreprenörsanda. När rättigheter är osäkra och framgång kan konfiskeras blir det rationellt att inte investera, vilket kan misstas för kulturell ovilja. Denna de
Why nations fail by Daron Acemoglu Get the book: https://amzn.to/4gzb5To Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, people need to know that if they work hard, they can make money and actually keep it - and this means sound institutions that allow virtuous circles of innovation, expansion and peace. Based on fifteen years of research, and answering the competing arguments of authors ranging from Max Weber to Jeffrey Sachs and Jared Diamond, Acemoglu and Robinson step boldly into the territory of Francis Fukuyama and Ian Morris. They blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty. Here are the key lessons from Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson: 1. Inclusive Institutions Foster Prosperity • Nations thrive when political and economic institutions are inclusive, providing equal opportunities and encouraging innovation and participation. 2. Extractive Institutions Lead to Poverty • When elites control resources and power, they extract wealth from the majority, leading to stagnation and inequality. 3. Political Centralization is Crucial • Successful nations balance centralized authority with inclusivity, ensuring order while empowering people. 4. Geography Alone Doesn’t Determine Wealth • Economic success is more about institutions than physical location, climate, or natural resources. 5. The “Iron Law of Oligarchy” • Elites often resist change to preserve their power, which can stifle progress and perpetuate extractive systems. 6. Small Changes Can Lead to Big Shifts • Critical junctures, like revolutions or wars, can disrupt the status quo and reshape institutions for better or worse. 7. Foreign Aid Alone Cannot Fix Poverty • Aid often fails in countries with extractive institutions, as it gets misused rather than fostering systemic change. 8. Creative Destruction Drives Progress • Innovation disrupts old systems, and inclusive institutions allow these changes to benefit society. Extractive systems, however, resist such transformations. 9. Political Power Shapes Economic Outcomes • A nation’s political system heavily influences its economic policies, success, and inclusivity. 10. There Are No Quick Fixes • Lasting development requires deep institutional reforms and cannot be achieved through superficial policies or external interventions. 11. History Matters • A nation’s historical experiences, including colonization and power struggles, shape its institutions and economic path. 12. Economic Growth Can Be Unsustainable Without Inclusivity • Extractive systems may generate short-term growth, but they lack the resilience to sustain it over time. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit nextbigwhat.substack.com/subscribe
Por qué fracasan los países (Daron Acemoglu) - Amazon Español Store: https://www.amazon.es/dp/8423418901?tag=9natree-21 - Amazon Worldwide Store: https://global.buys.trade/Por-qu-fracasan-los-pa-ses-Daron-Acemoglu.html - eBay: https://www.ebay.com/sch/i.html?_nkw=Por+qu+fracasan+los+pa+ses+Daron+Acemoglu+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1 - Lee más: https://libro.top/read/8423418901/ #Desarrolloeconómico #Institucionesinclusivas #Institucionesextractivas #Historiaeconómica #Políticaglobal #Porqufracasanlospases Estos son los puntos principales de este libro. En primer lugar, La importancia de las instituciones inclusivas, El concepto de 'instituciones inclusivas' formulado por Acemoglu y Robinson es central en 'Por qué fracasan los países'. Las instituciones inclusivas son aquellas que permiten y promueven la participación amplia de la población en las actividades económicas del país. Estas instituciones fomentan el desarrollo sostenible porque distribuyen el poder de manera equitativa y mitigan las barreras a la entrada en diversos mercados. Adicionalmente, incentivan la innovación y el riesgo al proporcionar una plataforma sólida de derechos de propiedad y un sistema legal justo que protege tanto a las empresas como a los derechos de los trabajadores. Desde un punto de vista histórico, los países con instituciones más inclusivas tienden a experimentar un crecimiento económico más robusto y sostenido, ya que el capital humano se moviliza eficientemente hacia la creación y generación de riqueza y servicios que benefician a un mayor segmento de la sociedad. En segundo lugar, El efecto de las instituciones extractivas, En contraste con las instituciones inclusivas, las instituciones extractivas son aquellas que están diseñadas para extraer recursos de la gran mayoría de la población para beneficiar a unos pocos. Estas instituciones perpetúan la desigualdad y limitan el crecimiento económico al concentrar el poder y los recursos en manos de una elite. Los ejemplos históricos incluyen monopolios estatales, corrupción gubernamental extensa, y falta de derechos legales para la vasta mayoría. Estas instituciones desalientan la inversión y la innovación y pueden llevar a un ciclo vicioso de pobreza y dependencia que es difícil de romper. El libro explora cómo países con abundantes recursos naturales pueden sufrir de 'la maldición de los recursos naturales' donde, en vez de generar prosperidad, la riqueza generada se canaliza hacia las élites políticas y económicas, perpetuando estructuras extractivas. En tercer lugar, Ejemplos históricos y comparaciones entre países, Acemoglu y Robinson utilizan numerosos ejemplos históricos y comparaciones entre países para ilustrar sus teorías. Por ejemplo, la diferenciación entre Corea del Norte y Corea del Sur muestra cómo regímenes políticos y sistemas económicos divergentes han llevado a resultados económicos radicalmente diferentes. Mientras que el Sur ha desarrollado una economía basada en instituciones inclusivas, el Norte permanece estancado bajo un régimen autoritario con instituciones extractivas. Otro ejemplo destacado es la comparación entre la ciudad de Nogales en Arizona, EE.UU., y Nogales en Sonora, México, que aunque geográficamente son muy cercanas, muestran grandes diferencias en términos de desarrollo económico y calidad de vida debido a sus distintas instituciones. En cuarto lugar, Impacto de la colonización y extracción de recursos, ‘Por qué fracasan los países’ también aborda la profunda influencia que ha tenido la colonización sobre las instituciones actuales en numerosos países. Los patrones de colonización que enfatizaron la extracción de recursos tienden a haber dejado un legado de instituciones extractivas que siguen afectando el desarrollo económico hasta hoy. En contraste, las colonias d
Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we’re revisiting this powerful episode featuring Acemoglu’s insights from 2023. In his groundbreaking book Power and Progress, Acemoglu exposes how the elite have weaponized technology to tighten their grip on wealth and influence, and explains how we can ensure that technological progress works for everyone, not just the wealthy few. This episode originally aired on August 22, 2023. Daron Acemoglu is the Institute Professor of Economics at MIT, the university’s highest faculty honor, and a 2024 Nobel laureate. For the last twenty-five years, he has been researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is an author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail. Twitter: @NarrowCorridor Further reading: Trio of professors win Nobel economics prize for work on post-colonial wealth Democracy is in a ‘tough stretch.’ New Nobel winners explain how to strengthen it Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity The Narrow Corridor: States, Societies, and the Fate of Liberty Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon , @NickHanauer , @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch
Daron Acemoglu was just awarded the 2024 Nobel Prize in economics. Earlier this year, he and Steve talked about his groundbreaking research on what makes countries succeed or fail. SOURCES: Daron Acemoglu , professor of economics at the Massachusetts Institute of Technology. RESOURCES: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 . Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity , by Daron Acemoglu and Simon Johnson (2023). " Economists Pin More Blame on Tech for Rising Inequality ," by Steve Lohr ( The New York Times, 2022). " America’s Slow-Motion Wage Crisis: Four Decades of Slow and Unequal Growth ," by John Schmitt, Elise Gould, and Josh Bivens ( Economic Policy Institute, 2018). " A Machine That Made Stockings Helped Kick Off the Industrial Revolution ," by Sarah Laskow ( Atlas Obscura, 2017). " The Long-Term Jobs Killer Is Not China. It’s Automation ," by Claire Cain Miller ( The New York Times, 2016). Why Nations Fail: The Origins of Power, Prosperity, and Poverty , by Daron Acemoglu and James A. Robinson (2012). " The Colonial Origins of Comparative Development: An Empirical Investigation ," by Daron Acemoglu, Simon Johnson, and James A. Robinson ( American Economic Review, 2001). " Learning about Others' Actions and the Investment Accelerator ," by Daron Acemoglu ( The Economic Journal, 1993). " A Friedman Doctrine — The Social Responsibility of Business Is to Increase Its Profits ," by Milton Friedman ( The New York Times, 1970). EXTRAS: " What’s Impacting American Workers? " by People I (Mostly) Admire (2024). " 'My God, This Is a Transformative Power ,'" by People I (Mostly) Admire (2023). " New Technologies Always Scare Us. Is A.I. Any Different? " by Freakonomics Radio (2023). " How to Prevent Another Great Depression ," by Freakonomics Radio (2020). " Is Income Inequality Inevitable? " by Freakonomics Radio (2017). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Do emerging technologies inherently serve the greater good? Join Policy Prompt hosts Vass and Paul in a discussion with world-renowned economist Daron Acemoglu, on his recent book Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity, co-authored with Simon Johnson (PublicAffairs, 2023). Following the launch of this episode, the announcement was made that Acemoglu, Johnson and James Robinson share this year’s Nobel Prize in Economic Sciences for their groundbreaking research on global inequality. The hosts and Acemoglu discuss the implications of technological prowess on the global stage, the impacts of artificial intelligence on the future of work and education, and the building blocks of techno-optimism. Mentioned: Daron Acemoglu and Simon Johnson, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity (PublicAffairs, 2023) GenAI: Too Much Spend, Too Little Benefit? (Goldman Sachs, June 25, 2024) Further Reading: Daron Acemoglu, “ The Simple Macroeconomics of AI ” (Massachusetts Institute of Technology, May 12, 2024) Robin Wigglesworth, “ Daron Acemoglu is not having all this AI hype ” ( Financial Times , May 28, 2024) Thomas B. Edsall, “ Will A.I. Be a Creator or a Destroyer of Worlds?” ( The New York Times , June 25, 2024) Daron Acemoglu and James A. Robinson, The Narrow Corridor: States, Societies, and the Fate of Liberty (Penguin Random House, 2020) In-Show Clips: TED with Cathie Wood: “ Why AI Will Spark Exponential Economic Growth ” Goldman Sachs: “ A skeptical look at AI investment ” TEDxSioux Falls with Natasha Berg: “ Should we let students use ChatGPT? ” CBC News, About That : “ AI's hidden climate costs ” TODAY: “ Teens open up about the impact of social media on their lives ” Credits: Policy Prompt is produced by Vass Bednar and Paul Samson. Our technical producers are Tim Lewis and Melanie DeBonte. Fact-checking and background research provided by Reanne Cayenne. Marketing by Kahlan Thomson. Brand design by Abhilasha Dewan and creative direction by Som Tsoi. Original music by Joshua Snethlage. Sound mix and mastering by François Goudreault. Special thanks to creative consultant Ken Ogasawara. Be sure to follow us on social media. X: @_policyprompt IG: @_policyprompt Listen to new episodes of Policy Prompt biweekly on major podcast platforms. Questions, comments or suggestions? Reach out to CIGI’s Policy Prompt team at info@policyprompt.io.
Change is scary. But sometimes it can all work out for the best. There's no guarantee of that, however, even when the change in question involves the introduction of a powerful new technology. Today's guest, Daron Acemoglu, is a political economist who has long thought about the relationship between economics and political institutions. In his most recent book (with Simon Johnson), Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity , he looks at how technological innovations affect the economic lives of ordinary people. We talk about how such effects are often for the worse, at least to start out, until better institutions are able to eventually spread the benefits more broadly. S upport Mindscape on Patreon . Blog post with transcript: https://www.preposterousuniverse.com/podcast/2024/07/22/283-daron-acemoglu-on-technology-inequality-and-power/ Daron Acemoglu received a Ph.D. in economics from the London School of Economics. He is currently Institute Professor at the Massachusetts Institute of Technology. He is a fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, and the Econometric Society. Among his awards are the John Bates Clark Medal and the Nemmers Prize in Economics. In 2015, he was named the most cited economist of the past 10 years. Web page Google Scholar publications Wikipedia Amazon author page
How will the rise of AI change our jobs? Should workers have a say in how and when AI is deployed? In this episode of our podcast series, dedicated to the new editions of the Handbook of Labor Economics, Professor Daron Acemoglu clarifies the nuances of these ongoing trends. Daron Acemoglu, a renowned economist and Professor at the Massachusetts Institute of Technology, is a leading researcher in macroeconomics, political economy, and labor economics. Based on his extensive work on technical change, AI and innovation, his insights are both influential and timely. In this episode, Professor Acemoglu emphasizes that technological progress does not automatically lead to better jobs or higher wages. There is no disagreement that the current generation of AI technologies is pretty impressive, as they are doing things that many people thought impossible. He argues that there is a feasible and socially desirable pro-human, pro-worker direction of AI. At the same time, he warns us about the current direction of technological development which may hinder human agency. Stay connected: 🌐 Online: rfberlin.com 🔗 LinkedIn: linkedin.com/company/rockwool-foundation-berlin 🐦 X/Twitter: @RF_Berlin 🎥 YouTube: youtube.com/@RFBerlin