Politics

Prof. Simon Johnson speaks with Reuters reporter Mark John about the impact of AI on the economy. “AI has got a lot of potential – but potential to go either way,” says Johnson. “We are at a fork in the road.”

A study by MIT researchers shows that “workers have cost employers a 25% tax rate, while the rate of software and equipment has stood around 5%,” write Diego Areas Munhoz and Samantha Handler for Bloomberg. “This lopsidedness in tax code gives employers more reason to invest in automating goods like machines and computer software instead of workers.”

“Power and Progress,” a new book by Institute Prof. Daron Acemoglu and Prof. Simon Johnson, has been named one of the best new books on economics by the Financial Times. “The authors’ nuanced take on technological development provides insights on how we can ensure the coming AI revolution leads to widespread benefits for the many, not just the tech bros,” writes Tej Parikh.

Writing for The New York Times, Institute Prof. Daron Acemoglu and Prof Simon Johnson make the case that “rather than machine intelligence, what we need is ‘machine usefulness,’ which emphasizes the ability of computers to augment human capabilities. This would be a much more fruitful direction for increasing productivity. By empowering workers and reinforcing human decision making in the production process, it also would strengthen social forces that can stand up to big tech companies.”

Researchers at MIT and elsewhere have published a study on why voters who value democracy participate in democratic backsliding, reports Jason Willick for The Washington Post. The authors have identified “a strong linear relationship between perceptions of the other side’s willingness to subvert democracy and partisans’ own willingness to do so,” writes Willick.

Prof. Daron Acemoglu speaks with VOX Talks host Tim Phillips about his new book written with Prof. Simon Johnson, “Power and Progress.” The book explores “how we can redirect the path of innovation,” Phillips explains.

MIT researchers have found that “69 percent of registered voters said they were either very or somewhat confident that votes at a nationwide level were counted as intended,” reports Zach Montellaro for Politico. This research is a “prominent measure of voter trust in election integrity,” writes Montellaro.

Bloomberg reporter Adrian Wooldridge spotlights a new book titled “Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity” by Prof. Simon Johnson and Prof. Daron Acemoglu. “The authors’ main worry about AI is not that it will do something unexpected like blowing up the world,” writes Wooldridge. “It is that it will supercharge the current regime of surveillance, labor substitution and emotional manipulation.”

Institute Prof. Daron Acemoglu discusses AI and the labor market, the history of technological progress and Turkey with Financial Times columnist Rana Foroohar. “I think the skills of a carpenter or a gardener or an electrician or a writer, those are just the greatest achievements of humanity, and I think we should try to elevate those skills and elevate those contributions,” says Acemoglu. “Technology could do that, but that means to use technology not to replace these people, not to automate those tasks, but to increase their productivity.” 

Writing for The Boston Globe, Senior Lecturer Malia Lazu spotlights American singer, actor, and activist Harry Belafonte and his political activism. “Instead of using his celebrity only for his own material gain, he spent much of that capital on political change,” writes Lazu.

Steven Simon, a fellow with MIT’s Center for International Studies, and Jonathan Stevenson of the International Institute for Strategic Studies write for Politico about how the 2024 election could lead to political violence and civil breakdown. “Despite all that U.S. national security and law enforcement officials have learned since Jan. 6, the country is still not prepared for a far-right revolt,” write Simon and Stevenson.

Adjunct Professor Emeritus Melvin “Mel” King, a political activist, former MA state representative and the first Black person to reach a Boston mayoral general election, has died at 94. “[In 1971], he founded the Community Fellows Program at the Massachusetts Institute of Technology, where he became an adjunct professor of urban studies and planning. The program brings leaders from minority communities to MIT for a year of research and study,” writes Mark Feeney for The Boston Globe. 

Prof. Emeritus Peter Diamond speaks with Boston Globe reporter Scot Lehigh about the future of Social Security. “Given the large past differences in the approaches of the two parties, it is important that citizens press members of Congress to be specific about their views on fixing the program,” says Diamond. “And it’s just as important that voters let their members of Congress know their own views.”

Writing for The Conversation, Prof. Heather Hendershot explores the growth of politically-biased news coverage, comparing Ted Baxter of “The Mary Tyler Moore Show” - a fictional news anchor more interested in personal fame than journalistic standards - to today’s pundits. “Ted Baxter thus embodied the ego of the pundit, but without the opinions that often make such a person dangerous,” writes Hendershot. “For all his incompetence, it never occurred to him to air his own political views.”

New York Times columnist Thomas B. Edsall spotlights a new study by Prof. Charles Stewart III that makes the case that “among Republicans, conspiracism has a potent effect on embracing election denialism, followed by racial resentment.”