Page 21 - Daron Acemoglu News Today

In March, Goldman Sachs estimated that the technology behind popular AI tools such as DALL-E and ChatGPT could automate the equivalent of 300 million full-time jobs. But what exactly does it mean to say that, for instance, the equivalent of 300 million full-time jobs could be affected by AI?

We hear so much about crime rates, opioids, and gun violence in America, but so little from our elected leaders about the poverty crisis

There may be an unexpected upside to machines taking on more of our mental tasks

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

MANY well-read and knowledgeable people often express their profound support and appreciation for certain democratic...

Just hours after I clicked send on the links last week, the curtain began to draw on one of the most chaotic eras of modern British politics, with Boris Johnson’s huffing and whining resignation as an MP. After discovering that we was about to be censured for lying to Parliament (a serious breach of Parliamentary rules), Johnson decided to compound his crimes by publicly divulging the contents of the report into his conduct and impugning the integrity and motives of the committee that punished...

Lant Pritchett says the world’s wealthiest nations will face a significant labor shortage, and labor mobility is the ...

Despite tech billionaires’ inspirational promises of a brave new world for everyone, innovation has a long history of merely empowering the elite, says Simon Johnson.

How history has shown that the concentration of AI development in the hands of two powerful companies will lead to the technology being deployed in ways that will hu...

New York Times: How many jobs will be affected is different depending on who you ask.