Acemoglu questions productivity benefits of AI
MIT economist finds weak productivity gains from AI and says benefits may be undermined by costs
In new research, economist Daron Acemoglu finds artificial intelligence (AI) may not be as beneficial for the macroeconomy as many are hoping.
Acemoglu, a professor of economics at the Massachusetts Institute of Technology, estimates AI’s benefits to productivity are likely to be modest in the next 10 years. Furthermore, he finds the slim benefits are likely to be counterbalanced by significant costs.
In the working paper, published by the US National Bureau of Economic Research, Acemoglu focuses
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