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Daron Acemoglu

Published podcast speaker

Claims
45
Episodes
2
Shows
1
Named items
0

Claim ledger

What Daron said.

8 transcript-backed records

01 / 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

02 / 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

03 / 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

04 / 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

05 / 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

07 / 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

08 / 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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