Business Insider

What productivity boom? AI will provide just a 1% GDP boost over the next decade, MIT economist says.

The productivity boost that AI technology will generate is being overestimated, according to a new MIT study. AI-led US GDP growth in the next 10 years will rise just 0.93% to 1.16%, economist Daron ...
The Boston Globe

Daron Acemoglu, Simon Johnson, both MIT professors, win Nobel Prize

Born to Armenian parents in a middle-class family in Turkey in the late 1960s, Daron Acemoglu grew up during a tense period of political unrest and economic crises, and he would speculate why Turkey’s ...
CNN

Nobel Prize in economics awarded to trio for explaining why some nations are rich and others poor

Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor. Daron Acemoglu, Simon ...