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Daron Acemoglu

Published podcast speaker

Claims
45
Episodes
2
Shows
1
Named items
0

Claim ledger

What Daron said.

45 transcript-backed records

01 / evaluation

It may or may not be. That’s why I say that social democracy, as it evolved in Scandinavia and then spread to Europe and to some extent in a modified version to the United States, isn’t the right actualization of liberal ideas today because it very strongly relies on unions and a particular kind of industrial working class.

“It may or may not be. That’s why I say that social democracy, as it evolved in Scandinavia and then spread to Europe and to some extent in a modified version to the United States, isn’t the right actualization of liberal ideas today because it very strongly relies on unions and a particular kind of industrial working class.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

02 / belief

Let me start with what’s wrong with a general-will type answer—I’m simplifying it—but I would say in a general-will type of approach is that we have a book in our hand which says when values clash and when there’s something, here is a higher value and we’re going to follow that.

“Let me start with what’s wrong with a general-will type answer—I’m simplifying it—but I would say in a general-will type of approach is that we have a book in our hand which says when values clash and when there’s something, here is a higher value and we’re going to follow that.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

03 / recommendation

If we use new machinery and new information systems to train people better to do things that they couldn’t do, nurses now can do much more, journalists can do much more, electricians can do much more, that is where pro-worker AI comes in.

“If we use new machinery and new information systems to train people better to do things that they couldn’t do, nurses now can do much more, journalists can do much more, electricians can do much more, that is where pro-worker AI comes in.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

04 / prediction

By the way, I think the possibility that there will be shortages of labor in certain, especially manual tasks, is indeed, as you say, a possibility for optimism, but depends on how you deal with it also.

“By the way, I think the possibility that there will be shortages of labor in certain, especially manual tasks, is indeed, as you say, a possibility for optimism, but depends on how you deal with it also.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

05 / prediction

In the next, when I wrote in 2024, so that would be next 10 years, so 2024 to 2034, I would expect exactly the same thing, that there will be one or two years of very rapid growth.

“In the next, when I wrote in 2024, so that would be next 10 years, so 2024 to 2034, I would expect exactly the same thing, that there will be one or two years of very rapid growth.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

08 / belief

I think that is what really bothers me, that somehow we have, as the most powerful, arguably the richest, country in the world, have resigned ourselves to give up on the education of about a third to a half of the youth.

“I think that is what really bothers me, that somehow we have, as the most powerful, arguably the richest, country in the world, have resigned ourselves to give up on the education of about a third to a half of the youth.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

11 / belief

I think noninterference by itself isn’t enough because, at least as read or as interpreted by some philosophers and economists, it is just about being left alone from higher authority or typically state-level authority, although it could be some other authorities as well.

“I think noninterference by itself isn’t enough because, at least as read or as interpreted by some philosophers and economists, it is just about being left alone from higher authority or typically state-level authority, although it could be some other authorities as well.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

12 / belief

Look, I think what we have seen in Russia and in the United States, both before COVID and during COVID, is that public health is a major contributor to mortality and morbidity.

“Look, I think what we have seen in Russia and in the United States, both before COVID and during COVID, is that public health is a major contributor to mortality and morbidity.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

13 / belief

If social media, and this is one of the proposals I make related to social media, always stayed in the nonalgorithmic feed that on Facebook, Twitter—TikTok couldn’t exist in that case—you only see posts by your chosen outlets and your friends and neighbors in chronological order, I think we would adjust to that very quickly.

“If social media, and this is one of the proposals I make related to social media, always stayed in the nonalgorithmic feed that on Facebook, Twitter—TikTok couldn’t exist in that case—you only see posts by your chosen outlets and your friends and neighbors in chronological order, I think we would adjust to that very quickly.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

15 / belief

There’s going to more competition, et cetera. That, I think, is definitely a nonzero and probably 30 percent or so probability in my mind, just making it up.

“There’s going to more competition, et cetera. That, I think, is definitely a nonzero and probably 30 percent or so probability in my mind, just making it up.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

16 / belief

I think so long as public health issues aren’t tackled, the way that that impacts the average American or bottom 30 percent Americans is still going to be an issue.

“I think so long as public health issues aren’t tackled, the way that that impacts the average American or bottom 30 percent Americans is still going to be an issue.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

17 / belief

In the same way that I think many people would agree science makes gradual and sometimes uncertain progress toward some better understanding, I think morally, philosophically, we also have to have gradual uncertain evolution toward what we agree on.

“In the same way that I think many people would agree science makes gradual and sometimes uncertain progress toward some better understanding, I think morally, philosophically, we also have to have gradual uncertain evolution toward what we agree on.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

20 / belief

I think AI companies have a lot of money and are waking up to the fact that their decisions are so consequential that they need to think about the broader effects.

“I think AI companies have a lot of money and are waking up to the fact that their decisions are so consequential that they need to think about the broader effects.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

22 / belief

In fact, the Armenian language that I learned when I was born in Turkey—but my first language was Armenian—is actually somewhat different than the Armenian that people speak in Armenia because it’s merged with Turkish.

“In fact, the Armenian language that I learned when I was born in Turkey—but my first language was Armenian—is actually somewhat different than the Armenian that people speak in Armenia because it’s merged with Turkish.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

23 / prediction

Now, at the macro level, it’s more complicated because there are composition effects between like Walmart effects and things like that, so we can talk about those, but I think the evidence, at least the ones that I know, is very clear that automation will reduce the labor share.

“Now, at the macro level, it’s more complicated because there are composition effects between like Walmart effects and things like that, so we can talk about those, but I think the evidence, at least the ones that I know, is very clear that automation will reduce the labor share.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

24 / commitment

I never want to take your right away, but I want to regulate what other people take your statement and how they use it. That’s why I think I am an absolutist when it comes to free speech because I never want to restrict Tyler’s right to say anything.

“I never want to take your right away, but I want to regulate what other people take your statement and how they use it. That’s why I think I am an absolutist when it comes to free speech because I never want to restrict Tyler’s right to say anything.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

25 / prediction

It did not use that establishment power just in the right way, creating its own weaknesses that made it much more vulnerable to outside attacks. That’s why I think we are now going back because we are at an interregnum period in which ideas are battling again.

“It did not use that establishment power just in the right way, creating its own weaknesses that made it much more vulnerable to outside attacks. That’s why I think we are now going back because we are at an interregnum period in which ideas are battling again.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

26 / preference

I think what I believe is, first of all, not as an external standard—I don’t know whether external standard or internal standard is the right word—but that we have to defend some degree of individual freedom because everything starts from that, both in terms of our meaningful lives, but also any kind of improvement in the human condition requires individual initiative, and that individual initiative is impossible without some amount of freedom, a meaningful freedom, not just saying, “Okay, you have the freedom to pray, but you cannot express that idea with others or you cannot turn it into action.

“I think what I believe is, first of all, not as an external standard—I don’t know whether external standard or internal standard is the right word—but that we have to defend some degree of individual freedom because everything starts from that, both in terms of our meaningful lives, but also any kind of improvement in the human condition requires individual initiative, and that individual initiative is impossible without some amount of freedom, a meaningful freedom, not just saying, “Okay, you have the freedom to pray, but you cannot express that idea with others or you cannot turn it into action.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

28 / evaluation

The Rousseau’s general will, for example, overrides any kind of consensus that a community, for example, could have because the general will is defined to have precedence over any kinds of agreements or shared moral values or shared priorities.

“The Rousseau’s general will, for example, overrides any kind of consensus that a community, for example, could have because the general will is defined to have precedence over any kinds of agreements or shared moral values or shared priorities.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

29 / evaluation

When you talk about the US economy has high wages—for example, wage growth was very high in the ’40s, ’50s, ’60s, ’70s—that’s not, in my mind, just because of automation.

“When you talk about the US economy has high wages—for example, wage growth was very high in the ’40s, ’50s, ’60s, ’70s—that’s not, in my mind, just because of automation.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

30 / evaluation

There is a lot of interesting activity going on there, but the geopolitics is really, very risky. So far, it has somehow managed never to anger Russia, which I don’t know how they manage that.

“There is a lot of interesting activity going on there, but the geopolitics is really, very risky. So far, it has somehow managed never to anger Russia, which I don’t know how they manage that.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

31 / prediction

I think true decentralization would be much better served with more domain-specific models of AI and other approaches that really use high-quality data for specific things, which I think is the more promising thing.

“I think true decentralization would be much better served with more domain-specific models of AI and other approaches that really use high-quality data for specific things, which I think is the more promising thing.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

32 / belief

The strengthening of the army, the alliance between dictatorial power of army generals and politicians, together with the feudal landowners, I think, was not something that was invented out of raw cloth.

“The strengthening of the army, the alliance between dictatorial power of army generals and politicians, together with the feudal landowners, I think, was not something that was invented out of raw cloth.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

34 / belief

I think the biggest threats that we are facing right now are Islamic State terrorists getting free or getting a toehold in that area, or the Syrian and the Russian army now completely controlling that strip, or at least much of that strip.

“I think the biggest threats that we are facing right now are Islamic State terrorists getting free or getting a toehold in that area, or the Syrian and the Russian army now completely controlling that strip, or at least much of that strip.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

35 / observation

Some politicians who understood that the only way out of the morass was, you’re going to promise to offer better state services, better tax collection, better refuse collection, better schooling, while at the same time encourage society to monitor them better.

“Some politicians who understood that the only way out of the morass was, you’re going to promise to offer better state services, better tax collection, better refuse collection, better schooling, while at the same time encourage society to monitor them better.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

36 / belief

Since at the moment, all of the incentives in academia and economics depend on publishing in the top five journals, I would say somewhat overrated because we should also value people who are able to reach a broader audience, think outside the box.

“Since at the moment, all of the incentives in academia and economics depend on publishing in the top five journals, I would say somewhat overrated because we should also value people who are able to reach a broader audience, think outside the box.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

37 / evaluation

I don’t think I would be that good at it because I think one of the things that you see when you start thinking about the complex of institutions and norms — details matter, leadership matters, collapses matter.

“I don’t think I would be that good at it because I think one of the things that you see when you start thinking about the complex of institutions and norms — details matter, leadership matters, collapses matter.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

39 / evaluation

Their bureaucratic traditions persisted, but no liberty emerged in the Byzantium Empire because you had the one blade, which was the state institutions, but the other blade, the bottom-up politics, was completely missing.

“Their bureaucratic traditions persisted, but no liberty emerged in the Byzantium Empire because you had the one blade, which was the state institutions, but the other blade, the bottom-up politics, was completely missing.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

40 / evaluation

Perhaps Europeans brought their culture into some places or messed up the culture in some other places. And the human capital is somewhere in between because human capital is an institutional feature, meaning that it really depends on the educational investments, but it also, of course, has a cultural element.

“Perhaps Europeans brought their culture into some places or messed up the culture in some other places. And the human capital is somewhere in between because human capital is an institutional feature, meaning that it really depends on the educational investments, but it also, of course, has a cultural element.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

42 / evaluation

It is also about norms and cultures because you really need to write norms and cultures for society to participate in politics, and the right sort of understanding of what that participation is about. But at some level, I also don’t see it that easily being reduced to other stories because it is exactly about this cooperation-and-competition dimension of state and society empowering both, which, at least to our understanding, was not an idea that has received much attention, but when you start thinking about it, it really opens up new horizons about your interpretation of the world.

“It is also about norms and cultures because you really need to write norms and cultures for society to participate in politics, and the right sort of understanding of what that participation is about. But at some level, I also don’t see it that easily being reduced to other stories because it is exactly about this cooperation-and-competition dimension of state and society empowering both, which, at least to our understanding, was not an idea that has received much attention, but when you start thinking about it, it really opens up new horizons about your interpretation of the world.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

43 / prediction

Let’s be generous. That means that if you are going to increase your rate of schooling by 3 or 4 percent, and if there are no major human capital externalities — and we can come back to that — then that’s going to increase your GDP per capita by 25, 30 percent.

“Let’s be generous. That means that if you are going to increase your rate of schooling by 3 or 4 percent, and if there are no major human capital externalities — and we can come back to that — then that’s going to increase your GDP per capita by 25, 30 percent.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

44 / evaluation

I think the Nordhaus numbers are probably extreme because there’s also a lot of business stealing that’s going on at the top, meaning that when people innovate, they actually take other people’s markets.

“I think the Nordhaus numbers are probably extreme because there’s also a lot of business stealing that’s going on at the top, meaning that when people innovate, they actually take other people’s markets.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler

45 / prediction

For example, in the case of after the collapse of the Soviet Union, Russian mathematicians came here, and they took jobs from American mathematicians because they were actually better.

“For example, in the case of after the collapse of the Soviet Union, Russian mathematicians came here, and they took jobs from American mathematicians because they were actually better.”
Speaker
Daron Acemoglu
Publisher
Conversations with Tyler
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