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S1 E8: Power Dynamics, Elitism, and Innovations with Daron Acemoglu from MIT

S1 E8: Power Dynamics, Elitism, and Innovations with Daron Acemoglu from MIT

Update: 2024-02-13

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In this episode, our guest is Daron Acemoglu from MIT and we talked about innovation dynamics, automation, elitism, institutions, history, and more!

06:05 Automation and declining labor share

17:20 But why do firms choose (so-so) automation?

25:00 Education is a solution! Or is it NOT?

27:20 First Industrial Revolution, Social Change, Elitism

30:50 Democracy and automation

34:40 What will governments do then?

Cheezy Questions:

40:40 What is Daron's production function?

42:00 Which economist or philosopher had the largest impact on your thinking?

43:30 Privilege to write a non-causal paper in Economics

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S1 E8: Power Dynamics, Elitism, and Innovations with Daron Acemoglu from MIT

S1 E8: Power Dynamics, Elitism, and Innovations with Daron Acemoglu from MIT

The Innovation and Diffusion Podcast