Tag: economic benefits

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

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…

Continue Reading
London mayor urges closer UK ties with EU
Posted in UK News

London mayor urges closer UK ties with EU

LONDON: London’s mayor called Thursday for closer ties with Europe and a better debate about immigration as he branded Brexit a “key contributor” to Britain’s…

Continue Reading