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."[1]
On AI Governance and Regulation
"The direction of technological change is not preordained; it is shaped by institutions and policies."[2] "Technology is shaped by who has power in society."[3]
On Wealth Inequality and Technology
"Inclusive institutions lead to prosperity; extractive institutions lead to poverty."[4]
On Labor Market Disruption from Automation
"The wrong kind of AI could increase inequality and reduce wages."[5]
References
- ↑ Daron Acemoglu, Power and Progress (2023), p. 456, PublicAffairs
- ↑ Daron Acemoglu, Why Nations Fail (2012), p. 84, Crown Publishers
- ↑ Daron Acemoglu, Power and Progress (2023), p. 23, PublicAffairs (with Simon Johnson)
- ↑ Daron Acemoglu, Why Nations Fail (2012), p. 429, Crown Publishers (with James Robinson)
- ↑ Daron Acemoglu, Journal of Economic Perspectives (2022), Vol. 36