Nobel laureate Daron Acemoglu says AI's real productivity gain is an order of magnitude smaller than the industry claims.The bigger danger is not the machine. It is that a handful of people are deciding how it gets built.Daron Acemoglu is an MIT economist who shared the 2024 Nobel Prize in Economic Sciences.We cover: why a Nobel chemist left Berkeley for China, the optimal amount of heresy science should tolerate, the one rule that would end algorithmic outrage without censoring anyone, the accounting trick behind billionaire wealth, and why AI's path is a design decision, not destiny.We are still a democracy. Perhaps not for long.Chapters:———📬 Get the transcript, fascinating bonus content, and my Monday M.A.G.I.C. Message: https://briankeating.com/yt🌠 Have a .edu email and live in the USA 🇺🇸? You automatically win a meteorite: https://BrianKeating.com/edu🔔 Subscribe: https://www.youtube.com/DrBrianKeating🎯 Support Into the Impossible on Patreon — get my weekly M.A.G.I.C. Message, unfiltered bonus content, and live monthly Office Hours with me: / drbriankeating ⭐ Join this channel for perks, monthly Office Hours, and your name in the Member Roster at the end of every episode: / @drbriankeating 📚 My books:Losing the Nobel Prize (memoir): http://amzn.to/2sa5UpAtThink Like a Nobel Prize Winner: https://a.co/d/03ezQFutFocus Like a Nobel Prize Winner: https://a.co/d/hi50U9UtGalileo's Dialogue (first-ever audiobook): https://a.co/d/iZPi9Unt🌐 More:🏄‍♂️ Twitter: / briankeating 📚 Substack https://briankeating.substack.com/ss✍️ Blog: https://briankeating.com/blog🎙️ Audio-only: https://briankeating.com/podcast#intotheimpossible #briankeating #science #physics #astronomy #cosmology #podcast #universeLearn more about your ad choices. Visit megaphone.fm/adchoices