Tag: Daron Acemoglu

MIT economist Daron Acemoglu critiques AI hype, predicting minimal job impact and potential economic disillusionment. He envisions scenarios of job replacement and stock market instability, emphasizing that AI won't replace humans in most workplaces for a long time.
Posted in Business

MIT economist’s warning on AI: A lot of money of tech companies will go to waste

 October 3, 2024  Leave a Comment on MIT economist’s warning on AI: A lot of money of tech companies will go to waste

Oct 03, 2024 12:36 PM IST MIT economist Daron Acemoglu warns that the hype around AI may lead to wasted investments, predicting only 5% of…

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