{"id":25759,"date":"2024-10-21T14:51:08","date_gmt":"2024-10-21T12:51:08","guid":{"rendered":"https:\/\/uniglobalunion.org\/?post_type=news&p=25759"},"modified":"2024-10-24T09:33:54","modified_gmt":"2024-10-24T07:33:54","slug":"uni-congratulates-damon-acemoglu-and-simon-johnson-on-nobel-win","status":"publish","type":"news","link":"https:\/\/uniglobalunion.org\/news\/uni-congratulates-damon-acemoglu-and-simon-johnson-on-nobel-win\/","title":{"rendered":"UNI congratulates Daron Acemoglu and Simon Johnson on Nobel win"},"content":{"rendered":"
UNI congratulates Daron Acemoglu and Simon Johnson who, along with James Robinson, won the Nobel Prize in economics for their ground-breaking research into the role societal institutions play in perpetuating inequality.<\/p>\r\n
Acemoglu and Johnson\u2019s recent work draws attention to the stark choices our societies face as we stand on the precipice of an AI revolution. It exposes the myth that \u201ctechnology-equals-progress\u201d for what it is: a fantasy in service to economic \u2013 and often political \u2013 elites.<\/p>\r\n
They wrote<\/a> last year:<\/p>\r\n \u201cToo many commentators see the path of technology as inevitable. But the historical record is clear: technologies develop according to the vision and choices of those in positions of power. As we document in\u00a0<\/a>Power and Progress: Our 1,000-Year Struggle over Technology and Prosperity<\/em><\/a>, when these choices are left entirely in the hands of a small elite, you should expect that group to receive most of the benefits, while everyone else bears the costs\u2014potentially for a long time. . . .[M]anagement needs to see and understand workers as a key resource whose productivity should be augmented, whose information should be improved, and whose training should be a priority.\u201d\u00a0<\/p>\r\n<\/blockquote>\r\n Their writing is a call for activists and trade unions to create countervailing forces to make technology work for the many. \u00a0<\/p>\r\n \u201cThe labour movement is deeply indebted to Professors Acemoglu and Johnson for their work relating to AI. By illustrating technologies\u2019 impacts on working people over a millennia, they stress that hardship caused by technology is often the reality for many workers but not inevitable. Their conclusion:\u00a0 we must act now to shape the use of AI to maximize a shared benefit which allows workers dignity and a decent life.\u201d\u00a0<\/p>\r\n UNI will welcome Professor Acemoglu who will make remarks at its upcoming meeting on \u201cUnions and Generative AI.\u201d<\/p>","protected":false},"excerpt":{"rendered":" UNI congratulates Daron Acemoglu and Simon Johnson who won the Nobel Prize in economics for their ground-breaking research into inequality.<\/p>\n","protected":false},"author":12,"featured_media":25760,"template":"","categories":[41],"global-issues":[35],"sectors":[],"cross-sector-groups":[],"workers-rights":[],"regions":[],"topics":[],"class_list":["post-25759","news","type-news","status-publish","has-post-thumbnail","hentry","category-news","global-issues-new-world-of-work"],"acf":[],"yoast_head":"\n\r\n