Are We Building AI for Progress or Power? — ft. Daron Acemoglu
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What is Daron Acemoglu’s overall rating of AI’s impact on the world?
Today is number forty three. That's the percentage decrease in peanut allergies over the last decade. Ed true story, I'm pretty sure I had a nut allergy when I was a kid. My parents thought I was trying to avoid church.
Listen to me. Markets are bigger than us. What you have here is a structural change in the world distribution. Cash is trash. Stocks look pretty attractive. Something's gonna break. Forget about it.
Oh my god. That's pretty bad, right? I can see it coming a mile away in all in all transparency. Brings up a interesting question, Scott. Do you have any allergies? Uh no.
No. I I literally am uh I as a matter of fact I can't I'm so sick of uh w waiters are I think legally mandated in the UK, I don't know if they are in the US to ask you. Does anyone have any allergies? Is that right? Yeah, they they have to ask you, do you have any allergies? And I'm like, bad service I've had it with the service in London. You are so spoiled in New York. The service is so good. That's true. What what are some of your horror stories? Nothing horror. I mean, you know, I don't it takes some more than three minutes to get me my second makers and ginger. Those are my horror stories. My my worst days are better than most people's best days, but it's not I I go to this place called since children burned down, I gotta go to this place called Kensington Roof Gardens, which has way too many fucking dudes and it's way too crowded.
Beautiful place though. I I I was there over the summer. It was unbelievable.
Yeah. It's great for the eleven days of year you can actually go into the roof garden, but otherwise we're all crammed inside wishing the children was still open. And And there's I'm not exaggerating, there's seven hundred people lining up at the bar, six hundred and ninety-five of them men. And you'd think and there's like two bartenders sitting there like slicing limes very methodically and elegantly. And I'm like, Jesus Christ, dude, just start like literally spraying beers at us and we'll open our mouths. That's the thing about um that's freaked me out about the members' club you're a member of Shamar Gokas now that we're paying it. I'm not a member of that club. You're not? I keep saying you though.
I keep seeing you there. Yeah, I get invited by by members. Well, anyways, the thing about it is it freaked me out. I'm like, it's so young here. And then I realized It's not the reason I think it's so young is you know what it has. Most of these clubs have guys in their forties and women in their twenties and thirties. And what Shea Margot has is it has a bunch of dudes in their twenties, which makes it feel like high school.
I I I I gotta agree with you. Surely, surely, surely that's uh you're you're not very happy about that. I'm
fine with that. I like it. They all come up to me, I love your content on man. Hey, what's that like? And I literally you were you student body president or the mascot or something? Everybody knows you. And it totally bums me out 'cause I like to get a little fucked up and talk to everyone at the bar, throw an unlit cigarette in my mouth, put on sunglasses and just be a cliche of me. And then when people come up and say they know you, I feel as if I have to act semi respectable. I'm like, Oh hey, hi, yeah. Oh yeah, no, I don't know what's the what do you think is gonna be the next interest rate cut? God.
God. They're also fuck This is the trouble, you shouldn't have been a professor. You clearly you should have been like a an actor or like a pop star or something. That's what you really want. A hundred percent. I'm just not that talented, but I agree with you. No, I think you are you're just you you're you're talented in the thing you've got a good brain. You've got a good economic brain and really what you wanna be doing is like you've got the Bezos thing. You wanna be You wanna be like Justin Bieber or something?
Uh you had me till the Justin Bieber part. I would have gone for Ryan Reynolds or George George Clooney. He seems smart and very politically oriented. But the thing the the thing I hate about your friends that's a good way to start a sentence.
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Chapters
8 chapters
1
What is Daron Acemoglu’s overall rating of AI’s impact on the world?
0:00–3:50
2
Why does Acemoglu rate AI at –6 and does he still hold that view?
3:50–9:45
3
How could rapid AI deployment lead to weaker economic outcomes?
9:45–17:44
4
What are the main institutional risks Acemoglu sees for AI’s future?
17:44–24:22
5
How might AI concentration affect democracy and information control?
24:22–31:07
6
What historical parallels does Acemoglu draw for AI’s long‑run effects?
31:07–38:05
7
Which sectors does Acemoglu believe AI can most transform profitably?
38:05–44:50
8
What advice does Acemoglu give to the next generation of scholars and academics?
44:50–51:44
Speakers
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