An award-winning economist is calling out what he sees as an overinvestment in AI — and he’s issuing a warning that overhyping machines and underrating humans could be a big mistake.
In a Tuesday interview with NPR, MIT economist Daron Acemoglu explained that he didn’t think AI would revolutionize the economy in the next 10 years.
“I mean, unless you count a lot of companies overinvesting in generative AI and then regretting it,” he said.
Acemoglu, who won the Global Economy Prize in 2019, believes that AI’s effects are “exaggerated” and that the technology will not be able to perform many tasks outside of an office. Even inside an office, he
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