According to renowned economist Daron Acemoglu, artificial intelligence (AI) has the potential to significantly boost global GDP by as much as $30 trillion by 2030. Acemoglu, a professor at MIT, argues that AI’s impact on productivity could be transformative, leading to substantial economic growth. However, he cautions that realizing this potential will require addressing challenges such as job displacement, inequality, and the need for effective governance and regulation. Acemoglu emphasizes the importance of investing in human capital, education, and reskilling to ensure that workers can adapt to the changing job market. He also stresses the need for policymakers to proactively shape the development and deployment of AI to mitigate potential risks and ensure that the benefits are widely shared. Overall, Acemoglu’s analysis highlights the immense economic potential of AI while underscoring the critical role of effective policies and strategies in harnessing its power for broad-based prosperity.