AI 'work-free society' may not be happier, says Banerjee of MIT

Economics Nobel laureate talks about technology, wealth and welfare links

20240125 Banerjee

Abhijit Banerjee, who won the Nobel Memorial Prize in Economic Sciences in 2019, says that artificial intelligence can "change education." (Photo by Katsuyoshi Tanaka)

KOSUKE TAKAMI, Nikkei staff writer

CAMBRIDGE, Massachusetts -- Can technological advances make people happier when income inequality and low growth are already growing problems in developed countries? Abhijit Banerjee, a professor at the Massachusetts Institute of Technology who won the Nobel Memorial Prize in Economic Sciences in 2019, says that public investment in artificial intelligence for education should be promoted to prepare for a near future in which jobs will be lost to it

Excerpts from a Nikkei interview with Banerjee edited for length and clarity:

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.