Tech companies have significant 'persuasion power'; they have persuaded society that their intentions are benign, their technology is good, and they will not misuse it excessively, even though there is substantial counter-evidence to these claims.
factualpending
Speaker
Daron AcemogluEvidence Quote
“Tech companies have what Simon Johnson and I called in Power and Progress, persuasion power. They have persuaded the rest of society that their intentions are benign, their technology is good, and they will not misuse it too much. There's a lot of counter evidence to that, but we still sort of believe it.”
Created: 8/12/2026, 10:05:02 PM
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