We keep hearing we can't be 'competitive' without hugging AI, & yet a growing body of research asserts this is in fact bovine manure.
Check out this steely take from Nobel Laureate (Econ) Daron Acemoglu:
"[...]roughly 0.55% in total factor productivity gains is what AI will actually deliver over the next decade, a fraction of Wall Street’s euphoric projections."
He insists what we should really b focusing on is that AI is simply about vastly extending corporate power
https://fortune.com/2026/06/21/nobel-laureate-daron-acemoglu-ai-productivity-capitalism-democracy/
Julian Oliver
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2026-06-24 11:35:30 UTC
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2026-06-24 11:35:30 UTCEvent JSON
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"content": "We keep hearing we can't be 'competitive' without hugging AI, \u0026 yet a growing body of research asserts this is in fact bovine manure.\n\nCheck out this steely take from Nobel Laureate (Econ) Daron Acemoglu:\n\n\"[...]roughly 0.55% in total factor productivity gains is what AI will actually deliver over the next decade, a fraction of Wall Street’s euphoric projections.\"\n\nHe insists what we should really b focusing on is that AI is simply about vastly extending corporate power\n\nhttps://fortune.com/2026/06/21/nobel-laureate-daron-acemoglu-ai-productivity-capitalism-democracy/",
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