This year’s Economics Nobel Laureates’ dystopian view of AI

Acemoglu and Johnson have said that the big companies developing and deploying AI overwhelmingly favour automation (replacing people) over augmentation (making people more productive), which means many workers will be displaced, and those who remain employed will be subjected to increasingly demeaning forms of surveillance and control

Manas Chakravarty

October 16, 2024 / 09:21 IST

This year’s Economics Nobel Laureates’ dystopian view of AI

Acemoglu and Johnson in their Finance & Development piece call for governments to ensure that AI follows a ‘’human-complementary, rather than a human-displacing path’’

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