www.noahpinion.blog/p/why-i-didnt-sign-the-we-must-act
2 corrections found
It doesn’t say what our action ought to be, only that “we must act”.
The statement does specify actions beyond a generic call to act: it says leaders should understand AI’s economics and build incentives, guardrails, and institutions.
Full reasoning
This sentence overstates the statement’s vagueness. The text of We Must Act Now does not merely say "we must act" in the abstract. It explicitly says that economists, policymakers, and technology leaders must act "to understand the economics of transformative AI" and "to build the incentives, guardrails, and institutions needed to steer AI in a direction that complements humans and benefits society."
Those are still broad goals, and a reader may reasonably think they are underspecified. But it is factually incorrect to say the statement gives no indication of what action is being urged, or that it says only "we must act."
1 source
- We Must Act Now
Economists, policymakers and technology leaders must act now to understand the economics of transformative AI and to build the incentives, guardrails, and institutions needed to steer AI in a direction that complements humans and benefits society.
He wrote an empirical paper claiming that companies that buy robots tend to hire fewer workers
This misstates Acemoglu’s robot research. His famous U.S. paper estimated negative effects across local labor markets, not that robot-adopting companies themselves hired fewer workers; his France firm-level paper says adopters actually expanded overall employment.
Full reasoning
This sentence inaccurately describes what Acemoglu’s robot papers found.
Two of his best-known empirical robot papers do not support the simple claim that "companies that buy robots tend to hire fewer workers":
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"Robots and Jobs: Evidence from US Labor Markets" is not a firm-level paper about what robot-buying companies do. It studies US local labor markets / commuting zones and estimates negative effects of robot exposure on employment and wages across commuting zones.
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Acemoglu’s actual firm-level robot paper, "Competing with Robots: Firm-Level Evidence from France," says the opposite of Noah Smith’s summary on the firm itself: the abstract states that robot adopters "expand their overall employment as well". The paper’s negative employment result comes from effects on competitors and industry reallocation, not from adopters simply hiring fewer workers.
So the post compresses Acemoglu’s findings into a claim that his paper showed robot-buying firms reduce headcount, which is not what these papers say.
2 sources
- Robots and Jobs: Evidence from US Labor Markets | NBER
We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets... we estimate large and robust negative effects of robots on employment and wages across commuting zones.
- Competing with Robots: Firm-Level Evidence from France - American Economic Association
Adopters experienced significant declines in labor shares... and increases in value added and productivity. They expand their overall employment as well. However, this expansion comes at the expense of competitors, leading to an overall negative association between adoption and employment.