AI & Inequality – Daron Acemoglu: Big Tech poses risks as AI reshapes Society published by Harvard Business School (7/2024).
MIT professor Daron Acemoglu, co-author of the bestselling book Why Nations Fail and the recently released Power and Progress, discussed the current pitfalls of AI deployment on worker protections and prosperity at the Inequality in the Digital Age conference, hosted by Harvard Business School’s Institute for Business in Global Society (BiGS) in collaboration with the Race, Gender, and Equity initiative at HBS. Acemoglu believes that AI has great potential to bring innovation and prosperity but argues that rapid deployment in the hands of big technology corporations is likely to overestimate the technology and underestimate the value of workers. In the long run, if CEOs see their workers as resources to be further activated by AI, he argues there is a path that can allow both businesses and workers to flourish.