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THE AI REVOLUTION COULD USHER IN A NEW AGE OF STAGNATION

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✍️ The article discusses the potential risks and consequences of artificial intelligence (AI) on the global economy, focusing on the possibility of AI-induced stagnation and the erosion of the foundations of the Global North's economies.

👉 AI could lead to the automation of service industries, causing job destruction and a surge in productivity 👉 The rise of overcapacity in services could lead to a persistent tendency toward excess capacity, reducing profit margins and tempering the appetite for investment 👉 Rentierism, a central aspect of the economies of the Global North, could be eroded by AI, leading to the destruction of a primary site of capitalist investment and millions of jobs

-- #DaronAcemoglu #JamesvanGeelen #AaronBenanav #WilliamBaumol #WilliamG.Bowen #RobertBrenner #BrettChristophers #SamAltman #WestAsia #NewYork #GlobalNorth #technology

MIT SAYS STUDENT'S GROUNDBREAKING AI RESEARCH HAS ONE BIG PROBLEM - HE MADE IT ALL UP

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✍️ A rising star in economics, Aidan Toner-Rodgers, has been accused of fabricating his research on the impact of AI in the workplace, leading to an investigation by MIT.

👉 Aidan Toner-Rodgers' research on AI in the workplace was called into question 👉 MIT launched an investigation into his research 👉 Toner-Rodgers was accused of fabricating his research 👉 The incident has raised concerns about academic integrity and standards in the economics community

-- #AidanToner-Rodgers #DaronAcemoglu #CharlesElkan #LucasNolan #MIT #UniversityofCalifornia,SanDiego #GoldmanSachs #Amazon #3M #Corning #world

CRISTINA, MILEI AND AN INDEX THAT SHOULD WORRY

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✍️ The article discusses the trial of former Argentine President Cristina Kirchner for corruption and the country's economic decline, citing a study that suggests the elite's extractive nature is a major factor.

👉 Cristina Kirchner is on trial for corruption 👉 The EQx study measures the quality of elites and their impact on society 👉 The elite's extractive nature is a major factor in Argentina's economic decline 👉 Argentina has declined in the global ranking of economic quality 👉 Factors contributing to the decline include transparency, corruption, and access to human rights

-- #CristinaKirchner #SimonKuznets #DaronAcemoglu #JamesA.Robinson #SimonJohnson #PabloSanMartín #JavierMilei #Argentina #UniversityofSt.Gallen #Washinghton #politics

AMAZON JUST KICKED OFF THE NEW ERA OF GIANT AI LAYOFFS

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✍️ Amazon announces layoffs of 14,000 employees, citing AI capabilities, marking a shift towards mass AI layoffs in corporate America.

👉 Amazon is laying off 14,000 employees, with plans to affect up to 30,000 corporate jobs. 👉 The layoffs are a result of AI capabilities, which are allowing companies to innovate faster and more efficiently. 👉 The trend is expected to spread to other companies, leading to a wave of mass layoffs in the tech industry. 👉 The layoffs will affect white-collar workers, including those in HR, finance, and other corporate roles.

-- #AndyJassy #DaronAcemoglu #AkiIto #technology

THE ROLE OF INNOVATION IN ECONOMIC GROWTH

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✍️ El Premio Nobel de Economía 2025 fue otorgado a Joel Mokyr, Philippe Aghion, y Peter Howitt por su trabajo sobre la innovación y el crecimiento económico.

👉 El Premio Nobel de Economía 2025 se centró en la innovación y su papel en el crecimiento económico. 👉 Joel Mokyr recibió la mitad del premio por explicar por qué la Revolución Industrial tuvo lugar en el tiempo y en el lugar en que sucedió. 👉 La innovación se enfocó en la aplicación de la ciencia y tecnología. 👉 La ciencia y la tecnología son fundamentales para el crecimiento económico. 👉 La situación económica de Argentina es un tema relevante en el artículo.

-- #JoelMokyr #PhilippeAghion #PeterHowitt #AdamSmith #RobertLucas #DaronAcemoglu #SimonJohnson #JamesA.Robinson #CristinaFernández #Mileo #Argentina #ReinoUnido #China #India #Europa #AméricaLatina #economy

FOR THE COUNTRY TO TRULY GROW, IT NEEDS MUCH MORE THAN JUST STABILIZING AND LOWERING INFLATION.

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✍️ Economist Nicolás Ajzenman analyzes the economic program implemented by Javier Milei, stating that it is not enough to stabilize the economy and that reforms are needed to achieve real growth.

👉 The economic program implemented by Javier Milei is not enough to achieve real growth. 👉 Reforms are needed to achieve economic development. 👉 The government's focus on stabilizing the economy has been insufficient. 👉 The perception of a trade-off between democracy and economic growth is not supported by evidence. 👉 Institutions and the economy are closely related, and understanding this relationship is important for economic development.

-- #NicolásAjzenman #JavierMilei #DaronAcemoglu #Argentina #Canada #economy

AMAZON PLANS TO REPLACE 500,000 PEOPLE WITH ROBOTS

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✍️ Amazon.com Inc. hired over 200,000 part-time workers for holiday sales, but plans to automate many tasks, potentially replacing human workers with robots.

👉 Amazon hired over 200,000 part-time workers for holiday sales 👉 The company plans to automate many tasks with robots 👉 Amazon's e-commerce division will invest $100 billion in artificial intelligence this year 👉 The plan could lead to job losses for both part-time and full-time employees

-- #DaronAcemoglu #MassachusettsInstituteofTechnology #UnitedStates #business

AMAZON WANTS TO REPLACE HALF A MILLION WORKERS AT ITS WAREHOUSES WITH ROBOTS

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✍️ Amazon is planning to replace over half a million jobs with robots, according to internal documents and interviews, as part of its efforts to automate its operations and reduce labor costs.

👉 Amazon plans to replace over half a million jobs with robots 👉 The company aims to reduce its workforce in the US by 160,000 people by 2027 👉 Amazon plans to use robots to automate many of its tasks, including packaging and delivery 👉 The company expects to reduce its workforce in the US by 10% by 2027 👉 Amazon's plans are part of its efforts to reduce labor costs and increase efficiency

-- #JeffBezos #AndyJassy #DaronAcemoglu #UditMadan #KellyNantel #Shreveport,Louisiana #StoneMountain,Georgia #VirginiaBeach #Atlanta #business

AMAZON HOPES TO REPLACE 600,000 US WORKERS WITH ROBOTS, ACCORDING TO LEAKED DOCUMENTS

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✍️ Amazon is reportedly planning to automate over 600,000 US jobs by 2033, replacing human workers with robots and expected to save the company $12.6 billion from 2025 to 2027.

👉 Amazon plans to automate over 600,000 US jobs by 2033 👉 The company's robotics team is working towards automating 75% of its operations 👉 Amazon expects to ditch 160,000 US roles that would otherwise be needed by 2027 👉 The move is expected to save the company $12.6 billion from 2025 to 2027

-- #DaronAcemoglu #UnitedStates #business

MOKYR, AGHION AND HOWITT AWARDED NOBEL ECONOMICS PRIZE

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✍️ Joel Mokyr, Philippe Aghion, and Peter Howitt have been awarded the 2025 Nobel economics prize for their work on innovation-driven economic growth.

👉 Joel Mokyr, Philippe Aghion, and Peter Howitt awarded the 2025 Nobel economics prize 👉 Awarded for their work on innovation-driven economic growth 👉 Mokyr identified prerequisites for sustained growth through technological progress 👉 Aghion and Howitt developed the theory of sustained growth through creative destruction 👉 The award recognizes the importance of innovation and openness in driving economic growth

-- #JoelMokyr #PhilippeAghion #PeterHowitt #RagnarFrisch #JanTinbergen #DaronAcemoglu #SimonJohnson #JamesA.Robinson #ClaudiaGoldin #EstherDuflo #LeonidHurwicz #Sweden #UnitedStates #France #Canada #Paris #London #Evanston #Providence #economics

NOBEL PRIZE IN ECONOMICS FOR RESEARCH THAT DROVE ECONOMIC GROWTH THROUGH INNOVATION

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✍️ Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Prize in Economics for their work on the impact of technology on economic growth.

👉 Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Prize in Economics 👉 Their work focuses on the impact of technology on economic growth 👉 Mokyr demonstrated the importance of scientific explanations for innovations 👉 Aghion and Howitt studied the mechanisms behind sustained growth 👉 The Nobel Committee emphasized the importance of maintaining creative destruction

-- #JoelMokyr #PhilippeAghion #PeterHowitt #DaronAcemoglu #SimonJohnson #JamesA.Robinson #Hassler #NorthwesternUniversity #CollègedeFrance #LondonSchoolofEconomics #UniversityofBrown #Sweden #economics

THE NOBEL ECONOMICS PRIZE IS SET TO BE ANNOUNCED MONDAY

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✍️ The Nobel Memorial Prize in Economics is being announced on Monday, with the winner(s) to be revealed. The prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

👉 The Nobel Memorial Prize in Economics is being announced on Monday 👉 The prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 👉 The prize has been awarded 56 times to a total of 96 laureates 👉 Only three of the winners before Monday's announcement were women

-- #DaronAcemoglu #SimonJohnson #JamesA.Robinson #AlfredNobel #Stockholm #TheHague #Netherlands #world

STOCKHOLM TO NAME LAUREATES IN PRIZE RELATED TO ECONOMICS IN MEMORY OF ALFRED NOBEL

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✍️ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 will be announced in Stockholm on Monday.

👉 The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 will be announced on Monday 👉 The prize is not considered a Nobel Prize as Alfred Nobel did not mention economists in his will 👉 The Nobel Family Society does not support the prize

-- #AlfredNobel #PeterNobel #ThomasTyden #DaronAcemoglu #SimonJohnson #JamesRobinson #Stockholm #Sweden #world

WATCH LIVE: THE WINNER OF THE NOBEL PRIZE IN ECONOMICS IS…

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✍️ The winner of the 2025 Nobel Prize in economics will be announced on Monday, October 13 at 5:30 a.m. EDT.

-- #DaronAcemoglu #SimonJohnson #JamesA.Robinson #MaríaCorinaMachado #LászlóKrasznahorkai #Venezuela #Hungary #world

IS THERE AN AI BUBBLE? FINANCIAL INSTITUTIONS SOUND A WARNING

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✍️ Financial institutions are warning of an AI investment bubble, citing rapid growth in tech stock prices, stretched market valuations, and extreme optimism about AI's potential.

👉 Rapid growth in tech stock prices 👉 Stretched market valuations 👉 Extreme optimism about AI's potential 👉 Potential symptoms of a bubble include rapid growth, high valuations, and extreme optimism 👉 Tech companies are spending heavily on AI infrastructure

-- #KristalinaGeorgieva #AdamSlater #DaronAcemoglu #JeffBezos #SamAltman #JensenHuang #SudhaMaheshwari #London #Washington #SanFrancisco #Italy #Texas #RhodeIsland #technology

WHEN ARE THE NOBEL PRIZES 2025 AWARDED?

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✍️ The 2025 Nobel Prize winners will be announced from October 6 to 13, with six prizes being awarded in different categories.

👉 The Nobel Prizes will be announced from October 6 to 13 👉 Six prizes will be awarded in different categories 👉 The prizes will be presented in ceremonies in Stockholm and Oslo on December 10 👉 The Nobel Prizes recognize innovative contributions in specific fields

-- #VictorAmbros #GaryRuvkun #JohnHopfield #GeoffreyHinton #DavidBaker #DemisHassabis #JohnM.Jumper #HanKang #DaronAcemoglu #SimonJohnson #JamesA.Robinson #AlfredNobel #Sweden #Norway #Stockholm #Oslo #Hiroshima #Nagasaki #world

CASE YPF: PRESIDENT MILEI, DON'T DECEIVE US

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✍️ The article discusses the legal defense of the Argentine government in a lawsuit filed by Eskenazi against the Republic of Argentina and YPF, and criticizes the government's handling of the case.

👉 The Argentine government's defense of the lawsuit has been ineffective 👉 The government's lawyers have failed to challenge the allegations made by Eskenazi 👉 The government has appealed the case to the Supreme Court, rather than pursuing a criminal investigation 👉 The government's handling of the case has allowed Eskenazi to gain an advantage

-- #Eskenazi #NéstorKirchner #SebastiánEskenazi #CristinaKirchner #AxelKicillof #RobertGiuffraJr. #MarcoRubio #AlejandroMelik #SantiagoCastroVidela #CarlosZannini #DaronAcemoglu #SimonJohnson #JamesRobinson #Luciani #Argentina #UnitedStates #NewYork #SantaCruz #politics

ARE WE IN AN AI BUBBLE?

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✍️ A recent study found that AI tools did not increase productivity for software developers, contrary to expectations, and experts are concerned that this may be a sign of an AI bubble.

👉 AI tools did not increase productivity for software developers in a recent study 👉 The study found that developers who used AI tools were 20% slower than those who did not 👉 Many experts believe that AI is experiencing a bubble, where investor excitement has gotten ahead of the technology's actual capabilities 👉 AI-related investments have not delivered the expected returns 👉 The study's findings are part of a larger trend of AI-related disappointments

-- #NateRush #TimFist #ErikBrynjolfsson #DarioAmodei #SamAltman #NoahSmith #RogéKarma #DaronAcemoglu #CalNewport #technology

IF THERE IS NO STATE, POWERFUL INDIVIDUALS EMERGE AND TAKE CHARGE OF THINGS IN THEIR OWN INTEREST

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✍️ Economist Simon Johnson won the Nobel Prize in Economics in 2024 for his research on how institutions affect economic development. He discussed the Argentine scenario and criticized the "vision libertarian" of President Javier Milei, saying that abolishing the state is not a viable solution.

👉 Simon Johnson won the Nobel Prize in Economics in 2024 for his research on institutions and economic development 👉 He criticized the "vision libertarian" of President Javier Milei, saying that abolishing the state is not a viable solution 👉 He criticized the "populist policies" of the last decades in Argentina, which he associated with institutional decay and a disappointing economic performance 👉 He proposed a moderate approach, seeking a balance between a state being too weak and a state being too powerful

-- #SimonJohnson #JavierMilei #DonaldTrump #ElonMusk #DaronAcemoglu #JamesRobinson #Argentina #SouthAmerica #UnitedStates #Lindau #economy

BUDGET BILL WOULD INCREASE INEQUALITY, NOBEL-WINNING ECONOMISTS SAY

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✍️ Six Nobel laureate economists warn that a massive budget bill passed by the House and backed by President Trump would weaken key safety-net programs and greatly increase the federal debt.

👉 The bill would weaken key safety-net programs such as Medicaid and food stamps 👉 The bill would greatly increase the federal debt, rising by over $3 trillion in coming years 👉 The bill would increase inequality by disproportionately benefiting higher-income households 👉 The bill has been met with opposition from Democrats and some Republicans 👉 The bill's fate in the Senate is uncertain

-- #DaronAcemoglu #PeterDiamond #SimonJohnson #OliverHart #JosephStiglitz #PaulKrugman #RandPaul #DonaldTrump #AlainSherter #politics

ECONOMIC PROSPERITY REQUIRES SOLID INSTITUTIONS

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✍️ The article discusses the importance of institutional stability and the need for businesses to prioritize it in order to attract investments and promote economic growth in Argentina.

👉 Business leaders and economists emphasize the importance of institutional stability for economic growth 👉 The Kirchner era is perceived as a threat to business investments and economic prospects 👉 The government needs to prioritize institutional stability to attract investments and promote economic growth 👉 The recent approval of a mining project in Salta is a positive sign, but concerns about the political environment remain 👉 Investors are hesitant to invest in Argentina due to fears of a return to the Kirchner era

-- #FacundoGómezMinujin #HugoKranjc #DaronAcemoglu #SimonJohnson #JamesRobinson #AxelKicillof #Argentina #UnitedStates #Salta #politics

STUDY LOOKING AT AI CHATBOTS IN 7,000 WORKPLACES FINDS ‘NO SIGNIFICANT IMPACT ON EARNINGS OR RECORDED HOURS IN ANY OCCUPATION’

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✍️ A new study by the National Bureau of Economic Research finds that AI chatbots have had a negligible impact on hours and pay for employees in Denmark, with only 3% of productivity gains being passed on to paychecks.

👉 AI chatbots have had a negligible impact on hours and pay for employees in Denmark 👉 Only 3% of productivity gains were passed on to paychecks 👉 Employer buy-in and employee time management played a significant role in the limited impact of AI on productivity 👉 The study's findings contradict earlier research that suggested AI would have a significant impact on productivity and earnings

-- #AndersHumlum #EmilieVestergaard #DaronAcemoglu #Denmark #UniversityofChicago #UniversityofCopenhagen #technology

MIT DISAVOWS DOCTORAL STUDENT PAPER ON AI'S PRODUCTIVITY BENEFITS

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✍️ MIT has withdrawn a paper on the effects of artificial intelligence on a materials science lab due to concerns about its integrity.

👉 MIT has withdrawn a paper on AI's effects on a materials science lab due to concerns about its integrity 👉 The paper claimed to show increased productivity and patent filings, but at the cost of reducing researcher satisfaction 👉 MIT economists Daron Acemoglu and David Autor initially praised the paper, but have now lost confidence in its validity 👉 A computer scientist raised concerns about the paper's integrity, leading to an internal review at MIT

-- #DaronAcemoglu #DavidAutor #AidanToner-Rodgers #technology

MILEI'S CONFIDENCE IS DESTROYING

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✍️ The article discusses the government's economic policies and the impact of the Régimen de Incentivos para Grandes Inversiones (RIGI) on foreign investments in Argentina. It also touches on the government's handling of corruption and the role of institutions in promoting economic growth.

👉 The RIGI has attracted foreign investments worth $13 billion, but the expected results have not yet been seen. 👉 The government's handling of corruption has been criticized, with some arguing that it has been too lenient. 👉 The role of institutions in promoting economic growth has been highlighted, with some arguing that they need to be strengthened. 👉 The government's attempts to undermine the opposition have been criticized, with some arguing that it is a sign of authoritarianism.

-- #JavierMilei #LuisCaputo #DaronAcemoglu #JamesRobinson #SimonJohnson #CristinaFernández #MauricioMacri #SantiagoCaputo #DanielParisini #HugoPassalacqua #RogerFederer #DiegoHartfield #KarinaMilei #EzequielAtauche #GuillermoFrancos #CarlosRovira #HugoPassalacqua #RobertPrevost #Argentina #Misiones #Tucumán #politics

WHY NOBEL LAUREATE IN ECONOMICS SIMON JOHNSON THINKS WE SHOULD START PAYING FOR USING TIKTOK OR INSTAGRAM

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✍️ Economista Simon Johnson habla sobre el poder de las grandes empresas tecnológicas y la inteligencia artificial, y cómo pueden afectar la democracia y el mercado laboral.

👉 Las grandes empresas tecnológicas tienen un gran alcance y pueden afectar directamente a muchas actividades comerciales. 👉 La inteligencia artificial puede ser beneficiosa o perjudicial para la humanidad, dependiendo de cómo se desarrollen y se utilicen. 👉 Es importante limitar el poder de las grandes empresas tecnológicas y reformular la innovación para fomentar la prosperidad compartida. 👉 La publicidad digital es un problema porque mantiene nuestra atención y puede ser manipuladora y perjudicial para la democracia. 👉 La suscripción podría ser una solución mejor que la publicidad digital para financiar los servicios en línea.

-- #SimonJohnson #DaronAcemoglu #JamesA.Robinson #MarkZuckerberg #TristanHarris #EstadosUnidos #Europa #China #CoreadelNorte #technology

BEFORE HUNDREDS OF JUDGES, ROSATTI WARNED THAT 'OUR ONLY REFERENCE SHOULD NOT BE A SURVEY, BUT THE CONSTITUTION'

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✍️ The President of the Supreme Court of Justice, Horacio Rosatti, warned judges not to seek popularity and to prioritize the Constitution and laws, while also expressing concerns about the independence of the judiciary and the institutionalization of democracies.

👉 Judges should prioritize the Constitution and laws over public opinion 👉 The independence of the judiciary is under threat 👉 The institutionalization of democracies is a concern 👉 Examples of democratic backsliding were cited from around the world

-- #HoracioRosatti #JuanCarlosMaqueda #MarianoCúneoLibarona #AndrésBasso #MaríaElenaLópez #DaronAcemoglu #ViktorOrban #RicardoLorenzetti #EduardoCasal #InésWeinbergdeRoca #SebastiánAmerio #RicardoGilLavedra #CarlosRosenkrantz #Argentina #Mexico #Hungary #China #Russia #UnitedStates #BuenosAires #politics

FROM HIROSHIMA TO ARTIFICIAL INTELLIGENCE: THE STORIES BEHIND THE 2024 NOBEL PRIZES

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✍️ The Nobel Prizes have recognized pioneering work in Physics and Chemistry, with a focus on artificial intelligence and its applications.

👉 John Hopfield and Geoffrey Hinton won the Nobel Prize in Physics for their work on artificial intelligence and neural networks. 👉 Demis Hassabis, John Jumper, and David Baker won the Nobel Prize in Chemistry for their work on protein structure prediction and design. 👉 Han Kang won the Nobel Prize in Literature for her intense and poetic writing style. 👉 Victor Ambros and Gary Ruvkun won the Nobel Prize in Medicine for their discovery of microRNAs and their role in gene regulation. 👉 Simon Johnson, Daron Acemoglu, and James Robinson won the Nobel Prize in Economics for their work on institutional economics and prosperity. 👉 The Nobel Peace Prize was awarded to the Japanese organization Nihon Hidankyo for their efforts to ban nuclear weapons.

-- #JohnHopfield #GeoffreyHinton #DemisHassabis #JohnJumper #DavidBaker #HanKang #VictorAmbros #GaryRuvkun #SimonJohnson #DaronAcemoglu #JamesRobinson #YoonSuk-yeol #Stockholm #Oslo #Princeton #Toronto #Chicago #LittleRock #Seattle #Hanover #Berkeley #Sheffield #Estambul #Hiroshima #Nagasaki #science

JUDGE JUAN CARLOS MAQUEDA OF THE SUPREME COURT WARNED THAT THERE ARE 'CLOUDS OVER DEMOCRACY'

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✍️ Supreme Court Judge Juan Carlos Maqueda expressed concern about the erosion of democracy in Argentina, citing the importance of institutional balance and the need to respect the roles of the legislative and judicial powers.

👉 Maqueda expressed concern about the erosion of democracy in Argentina 👉 He emphasized the importance of institutional balance 👉 He warned about the loss of stability and quality in democratic institutions 👉 He referenced the work of economists Daron Acemoglu and James A. Robinson 👉 He called for respect for the roles of the legislative and judicial powers

-- #JuanCarlosMaqueda #DaronAcemoglu #JamesA.Robinson #JavierMilei #HoracioRosatti #CarlosRosenkrantz #RicardoGilLavedra #AlbertoGaray #ArielLijo #ManuelGarcía-Mansilla #VladimirPutin #Argentina #BuenosAires #China #Russia #UnitedStates #politics

NOBEL-WINNING ECONOMIST JAMES ROBINSON ON CHINA’S PLACE IN HIS THEORY OF INSTITUTIONS

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✍️ James Robinson, a University of Chicago professor, wins the Nobel Prize for economics for his research on global inequality with Daron Acemoglu and Simon Johnson.

👉 James Robinson wins the Nobel Prize for economics 👉 Research focuses on global inequality and inclusive institutions 👉 Theory applied to various countries, including China

-- #JamesRobinson #DaronAcemoglu #SimonJohnson #DengXiaoping #UniversityofChicago #MassachusettsInstituteofTechnology #China #UnitedStates #world