How Technology Is Destroying Jobs
By: David Rotman June 12, 2013 Given his calm and reasoned academic demeanor, it is easy to miss just how provocative Erik Brynjolfsson’s contention really is. Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive […]
Leveraging Inequality
By: International Monetary Fund December 1, 2010 THE United States experienced two major economic crises over the past 100 years—the Great Depression of 1929 and the Great Recession of 2007. Income inequality may have played a role in the origins of both. We say this because there are two remarkable similarities between the eras preceding these […]
Will AI Help or Hurt Workers? One 26-Year-Old Found an Unexpected Answer.
By THE WALL STREET JOURNAL Published on December 29, 2024 New research shows AI made some workers more productive—but less happy. Daron Acemoglu, the Massachusetts Institute of Technology professor who recently won the Nobel Prize in economics, worries that artificial intelligence will worsen income inequality and not do all that much for productivity. […]