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Fortune Publication Date:
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In an interview with Fortune reporter Nick Lichtenberg, Prof. Daron Acemoglu discusses AI’s economic impact and his book, What Happened to Liberal Democracy. Acemoglu estimates AI will deliver roughly 0.55% in total factor productivity gains. “It’s not that you cannot get big productivity gains from automation. It is that it’s not as easy as sometimes it’s presumed,” says Acemoglu.