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Ken Rogoff Warns AI's Hunger For Power Could Send Interest Rates Soaring: 'You're Going To See Even More Spending, Not Less'
Tuesday, June 24, 2025 - 10:54pm | 613Read More...Artificial general intelligence may not lead to the deflationary future some investors expect, according to Harvard professor and former IMF Chief Economist Ken Rogoff. What Happened: Appearing on the Dwarkesh Patel Podcast earlier in the month, Rogoff warned that AGI could actually push inflation...
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US Economists Daron Acemoglu, Simon Johnson And James Robinson Win Nobel Prize For Groundbreaking Research On Global Wealth Inequality
Monday, October 14, 2024 - 7:19am | 339Read More...Three U.S.-based economists have been awarded the prestigious Nobel Prize in Economic Sciences for their significant contributions to understanding global wealth inequality. As per the official press release, U.S.-based economists Daron Acemoglu, Simon Johnson, and James Robinson were awarded the...
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MIT Economist Sounds Alarm On AI Hype: 'A Lot Of Money Is Going To Get Wasted'
Thursday, October 3, 2024 - 10:45am | 472Read More...Economist Daron Acemoglu of the Massachusetts Institute of Technology, has voiced his apprehensions regarding the ongoing surge in AI investments. What Happened: Acemoglu expressed his concerns that the current enthusiasm for artificial intelligence is resulting in excessive financial commitments,...
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Would Project 2025 Abolish The Federal Reserve? What About Reinstituting The Gold Standard?
Thursday, July 18, 2024 - 3:05pm | 712Read More...Conservative think-tank The Heritage Foundation‘s Project 2025, a controversial collection of policy proposals, has received widespread attention in recent weeks. The policies are meant to influence a Republican president if the GOP takes the White House in 2025. One chapter of the policy...
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Accelerated Automation By The COVID-19 Pandemic May Put Workers In Jeopardy: Report
Sunday, July 4, 2021 - 2:13pm | 532Read More...With the COVID-19 pandemic, an increase in automation, both in the service and manufacturing sector, may put workers in jeopardy across the U.S. By allowing automation in facilities, services may improve productivity and cost jobs, the New York Times reports. Last year many sectors...
