Daron Acemoğlu
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View article: Wikipedia Contributions in the Wake of ChatGPT
Wikipedia Contributions in the Wake of ChatGPT Open
How has Wikipedia activity changed for articles with content similar to ChatGPT following its introduction? We estimate the impact using differences-in-differences models, with dissimilar Wikipedia articles as a baseline for comparison, to…
View article: International AI Safety Report
International AI Safety Report Open
The first International AI Safety Report comprehensively synthesizes the current evidence on the capabilities, risks, and safety of advanced AI systems. The report was mandated by the nations attending the AI Safety Summit in Bletchley, UK…
View article: 2023 KLEIN LECTURE—CAPITAL AND WAGES
2023 KLEIN LECTURE—CAPITAL AND WAGES Open
Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor are q‐complements, ensure that the answer is yes, so long as labor markets are competitive. This result critically depend…
View article: Learning From Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution and in the Age of Artificial Intelligence
Learning From Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution and in the Age of Artificial Intelligence Open
David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, re…
View article: Employment and Community: Socioeconomic Cooperation and Its Breakdown
Employment and Community: Socioeconomic Cooperation and Its Breakdown Open
We propose a model of the interplay of employment relationships and community-based interactions among workers and managers.Employment relations can be either tough (where workers are monitored intensively and obtain few rents, and manager…
View article: Automation and Rent Dissipation: Implications for Wages, Inequality, and Productivity
Automation and Rent Dissipation: Implications for Wages, Inequality, and Productivity Open
This paper studies the effects of automation in economies with labor market distortions that generate worker rents-wages above opportunity cost-in some jobs.We show that automation targets high-rent tasks, dissipating rents and amplifying …
View article: The impact of generative artificial intelligence on socioeconomic inequalities and policy making
The impact of generative artificial intelligence on socioeconomic inequalities and policy making Open
Generative artificial intelligence (AI) has the potential to both exacerbate and ameliorate existing socioeconomic inequalities. In this article, we provide a state-of-the-art interdisciplinary overview of the potential impacts of generati…
View article: (Successful) Democracies Breed Their Own Support
(Successful) Democracies Breed Their Own Support Open
Using large-scale survey data covering more than 110 countries and exploiting within-country variation across cohorts and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic instituti…
View article: Learning from Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution, and in the Age of AI
Learning from Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution, and in the Age of AI Open
David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry.Despite cotton textiles becoming one of the largest sectors in the British economy, rea…
View article: From Automation to Augmentation: Redefining Engineering Design and Manufacturing in the Age of NextGen-AI
From Automation to Augmentation: Redefining Engineering Design and Manufacturing in the Age of NextGen-AI Open
In the mid-2010s, as computing and other digital technologies matured (), researchers began to speculate about a new era of innovation—with artificial intelligence (AI) as the standard-bearer of a "Fourth Industrial Revolution" (). The rel…
View article: Capital and Wages
Capital and Wages Open
Does capital accumulation increase labor demand and wages?Neoclassical production functions, where capital and labor are q-complements, ensure that the answer is yes, so long as labor markets are competitive.This result critically depends …
View article: Replication package for: (Successful) Democracies Breed Their Own Support
Replication package for: (Successful) Democracies Breed Their Own Support Open
This replication package generates all the tables and figures in the paper "(Successful) Democracies Breed Their Own Support" (Review of Economics Studies, forthcoming) by Acemoglu, Ajzenman, Aksoy, Fiszbein, and Molina, using data from mu…
View article: Replication package for: (Successful) Democracies Breed Their Own Support
Replication package for: (Successful) Democracies Breed Their Own Support Open
This replication package generates all the tables and figures in the paper "(Successful) Democracies Breed Their Own Support" (Review of Economics Studies, forthcoming) by Acemoglu, Ajzenman, Aksoy, Fiszbein, and Molina, using data from mu…