The 34th Annual Clemens Lecture: Technology & Inequality in the Age of AI

Document Type

Presentation

Publication Date

9-23-2024

Sponsoring Department(s)

The Clemens Chair

Abstract

Simon Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management, where he is head of the Global Economics and Management group. In 2007-08 he was chief economist at the International Monetary Fund, and he currently co-chairs the CFA Institute Systemic Risk Council. In February 2021, Johnson joined the board of directors of Fannie Mae. Johnson’s most recent book, with Daron Acemoglu,Power and Progress: Our 1000-Year Struggle Over Technology and Prosperity, explores the history and economics of major technological transformations up to and including the latest developments in Artificial Intelligence. His previous book, with Jonathan Gruber,& Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream, explained how to create millions of good new jobs around the U.S., through renewed public investment in research and development. Johnson was previously a senior fellow at the Peterson Institute for International Economics in Washington, D.C., a co-founder of, a member of the Congressional Budget Office’s Panel of Economic Advisors, and a member of the Federal Deposit Insurance Corporation’s Systemic Resolution Advisory Committee.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 was awarded jointly to Daron Acemoglu, Simon Johnson and James A. Robinson "for studies of how institutions are formed and affect prosperity"

About the Clemens Lecture Series

The Clemens Lecture Series was founded to further conversation on the ways that economics can speak to the larger problems of our society and culture. It brings to Saint John’s outstanding economists noted for their abilities to address the economic dimensions of social issues and to sustain dialogue with the other fields of the liberal arts. It also provides a valuable opportunity for students to meet both informally and in classes with the visiting lecturer. The lecture series is designed to be practically useful in understanding daily life and is intended for a wide audience, including students, faculty, the business and professional community and members of the general public interested in the impact of economic issues in their lives.

The Clemens Chair in Economics and the Liberal Arts and the Clemens Lecture Series have been made possible by the generosity of William E. and Virginia Clemens.

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