Economist:Daron Acemoglu
Daron Acemoglu
Biography
Turkish-American economist at MIT, known for work on political economy and economic development.
School of Thought
Institutional Economics
Notable Quotes
On Labor Market Disruption from Automation
"AI could go either way: it could augment human capabilities or it could just automate them away."
—Daron Acemoglu, Power and Progress (2023), p. 456, PublicAffairs
On AI Governance and Regulation
"The direction of technological change is not preordained; it is shaped by institutions and policies."
—Daron Acemoglu, Why Nations Fail (2012), p. 84, Crown Publishers
Additional Notable Quotes
On AI Governance and Regulation
"Technology is shaped by who has power in society."
—Daron Acemoglu, Power and Progress (2023), p. 23, PublicAffairs (with Simon Johnson)
On Wealth Inequality and Technology
"Inclusive institutions lead to prosperity; extractive institutions lead to poverty."
—Daron Acemoglu, Why Nations Fail (2012), p. 429, Crown Publishers (with James Robinson)
On Labor Market Disruption from Automation
"The wrong kind of AI could increase inequality and reduce wages."
—Daron Acemoglu, Journal of Economic Perspectives (2022), Vol. 36