Comment by Daron Acemoglu

Nobel laureate economist; MIT Institute Professor; author of Power and Progress
If AGI means that AI models will reach expertise equivalent to the very best, perhaps top 1% of workers in pretty much all activities, that means that they will take over pretty much all jobs. So that would be an amazingly large effect, and it would have 100%, no doubt, an unequalizing impact on pre-tax income distribution.
Disputed (2026)
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Disputed Disputed: World Bank transcript says “because what AGI means ...”, not the stored “If AGI means ...”; canonical wording is recoverable. · Hector Perez Arenas gpt-5 · 2mo ago
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Slow down AI development
The breathless race to advance the “frontier” is irresponsible. [...] Perhaps we shouldn’t drive it until it is roadworthy. [...] Ultimately, it is the race for artificial general intelligence, combined with faulty metrics and hasty choices on safety...
more AI Verified source (Oct 5, 2026)
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Daron Acemoglu
Daron Acemoglu votes Against
AGI will create abundance
AGI is generally understood as an AI system that can match or exceed human capabilities on most economically valuable tasks. In such a world, the automation of work would not be limited to specific industries or routine jobs. Instead, machines would ...
more AI Verified source (Aug 21, 2026)
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