Research from Daron Acemoglu, Simon Johnson, Danielle Li, and Mert Demirer is referenced in this article about the effects of AI on workers.
The west is not channelling innovation as well as it could. “This reflects the dominance of a few firms that are hoarding innovative resources."
"The natural resources that should be Africa's golden ticket to economic prosperity have in many instances just been used by despotic leaders."
"Democracies need to show that they deliver in terms of economic growth, shared prosperity, control of corruption, and people's needs and wishes.
"Historical processes really shape economic relations, and we cannot understand the economy today without understanding where we’re coming from."
The official launch of the "MIT Shaping the Future of Work Initiative" included presentations by Daron Acemoglu and Zeynep Ton.
"There are plenty of good models around to help both developing and industrialized countries build better democratic institutions."
"The year 2024 will be the time for recalibrating expectations."
The mitigating effects of taxes and transfers do not change the fact that the market economy has been malfunctioning for the past 40 years.
Five MIT Sloan faculty and affiliates are included in this list of 2023's best tech books.
