YEREVAN, August 25. /ARKA/. Nobel laureate in economics Daron Acemoglu believes that the era of artificial intelligence opens up opportunities for Armenia due to the country's accumulated human capital and technical competencies:
"Armenia needs to find a way to utilize its talents. I think the AI era really creates opportunities for Armenia. There are many interesting things happening there," Acemoglu said:
Critical assessment of the country's economic results
Acemoglu noted that technological opportunities for the country remain against the backdrop of serious geopolitical and infrastructural constraints:
Geopolitical position of Armenia
He emphasized that Armenia's complex geopolitical position, involving Russia, Turkey, and Azerbaijan, is one of the main obstacles to development:
Impact of artificial intelligence
He also discussed the speed of AI development, noting that it is happening faster than he had anticipated:
"Today, I would slightly raise the previous quantitative estimates of the economic impact of AI, but I would not radically revise them," he added:
