#daronacemoglu

### AI’s Quiet Revolution: Why a Nobel Laureate Still Bets on Modest Gains Daron Acemoglu, the 2024 Nobel laureate in economics, has revisited his earlier assertion that artificial‑intelligence‑driven productivity improvements will be incremental rather than explosive. Drawing on fresh firm‑level data, he argues that the empirical evidence continues to support a modest uplift—approximately a 3 % increase in output for early adopters of large‑model AI. Acemoglu outlines three research fronts he monitors to gauge AI’s macroeconomic impact, underscoring the need for a broader “maintenance revolution” to translate technological advances into sustained economic growth. #### Key Takeaways - **Modest productivity lift confirmed:** Recent firm data shows a roughly 3 % output increase for companies integrating large‑model AI, aligning with Acemoglu’s original forecast. - **Three research fronts:** He tracks (1) the speed of large‑model diffusion across sectors, (2) the depth of AI integration within existing workflows, and (3) the capacity of organizations to maintain and upgrade AI systems. - **Maintenance as a growth catalyst:** Acemoglu stresses that without systematic upkeep and continual skill development, AI’s potential will remain limited. - **Policy implications:** He calls for coordinated public‑private initiatives to build a “maintenance infrastructure,” ensuring that AI tools remain reliable, secure, and adaptable. - **Long‑term outlook:** While AI will reshape productivity, expectations of a sudden, economy‑wide surge are tempered by the realities of adoption curves and organizational inertia. [Read Full Article](https://news.ababil360.com/nobel-economist-daron-acemoglu-on-ai-productivity-and-why-the-world-needs-a-maintenance-revolution/) #AIProductivity #DaronAcemoglu #NobelEconomics #AIResearch #EconomicGrowth #TechnologyDiffusion #MaintenanceRevolution #FutureOfWork #ProductivityGains #newsababil360

Ulusların Düşüşü. Daron Acemoğlu ve James A. Robinson. En sonda diyeceğimi en baştan söyleyeyim. Bu kadar beğeneceğimi ummazdım. Basit bir ekonomi kitabı diye düşündüm. Ve sıkıcı. Sesli kitap olarak dinledim. Ara ara durdurdum. Bazı kısımlarını hem okudum hem dinledim. Nasıl ifade etsem bilemedim ki. Altı çizilecek o kadar çok yeri var ki. Kimsenin kafasını ütülemeden kısaca izah edeyim. Bu gelişmişlik olsun refah olsun. Ya da başka bir tanım koyun modernlik mesela... Bunların özü şu: çoğunlukta ziyade çoğulculuk. Bence çoğunluğa sahip olanın da coğulculuk can hıraş çabalaması. Bizim gibi gelişmekte olan veya geri kalmış bandindaki ülkelerde kolunu makineye sıkıştırsan diğer kolunu da koparmaya çalışıyorlar. Ülkemizdeki her kesimde bu mesele hakim. Hatta altını çizeyim en moderniz naraları atanlar da bir hayli fazla. Nedense... Çok laf yalansız olmazmış, cok para da haramsız. Bunun için okuyun derim. Önlerinde bulunur topu söze atarım. #daronacemoglu #jamesarobinson #uluslarındüşüşü #okudumbitti #dinledimbitti #okuyorum #kitapönerisi #okudumbitti #okuyorum #kitapönerisi📚 #kitaptavsiyesi #dinlebi https://www.instagram.com/ehveniser03/p/CXuQVMftmxh/?utm_medium=tumblr

Ulusların Düşüşü, Daron Acemoğlu. #uluslarındüşüşü #daronacemoglu #okuyorum #kitapalıntısı https://www.instagram.com/p/CXuE8iTtruT/?utm_medium=tumblr

Ulusların Düşüşü, Daron Acemoğlu. #uluslarındüşüşü #daronacemoglu #okuyorum #kitapalıntısı https://www.instagram.com/p/CXmhAMRt2fS/?utm_medium=tumblr

This book has been staying in my reading list a long time back then. Yet I just manage to read it recently. A central theory explained in this book is the link between inclusive economic and political institutions and prosperity. Inclusive economic institutions that enforce property rights, create a level playing field, and encourage investment in technologies and skills are more conducive to economic growth than extractive economic institutions that are structured to extract resources from the many by the few and that fail to protect property rights or provide incentives for economic activity. Inclusive economic institutions are in turn supported by, and support, inclusive political institutions, that is those that distribute political power widely in pluralistic manner and are able to achieve some amount of political centralization so as to establish law and order, the foundations of secure property rights, and an inclusive market economy. Besides enjoying a variation of states histories, like how inclusive institutions succeed development in England, US, Ausie, Japan, or even Bostwana, this book helps me a lot to understand what's going on in Rusia, Zimbabwe, Afghanistan, and of course Indonesia. Last note I really keep in mind from this book is that, inclusive institution often tumbled by micro-market failure which insufficiently solved by foreign development aid as enormous complex of international organization and NGOs will also potentially ceaselessly demand and mobilize resources to ensure the continuation of the status quo. This is not-so-gentle reflective note for me as working in development sector. #books #reading #review #bookreview #whynationsfail #daronacemoglu #jamesrobinson #development #nation

#WhyNationsFail #DaronAcemoglu #JamesRobinson