Comment on MIT Economist Daron Acemoğlu Takes on Big Tech: "Our Future Will Be Very Dystopian"

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PeepinGoodArgs@reddthat.com ⁨1⁩ ⁨year⁩ ago

But that’s not the point. It did have a significant impact. Acemoğlu’s point is about the distribution over time of that impact. Elites tend to accrue for themselves the benefits of technological change.

In terms of AI, it makes some people more productive that others. So, right now, only some people are benefiting from the introduction of AI. Jobs with a $1 million salary are being advertised to replace striking Hollywood writers. It’s easy to say technological change creates winners and losers as I learned in my econ classes. But in the midst of such change, how long winners remain winners and losers remain losers matters a great deal to both.

In other words, the transition to cleaner energy sources puts coal miners out of a job until the sun goes out and the wind stops blowing. And it’s foolish claim the trade for higher quality air and a decline of associated respiratory illnesses is worth a miner’s despair and depression because they’re forever unemployed, their skills worthless.

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