Economist Daron Acemoglu critiques the optimistic projections surrounding AI, suggesting its economic effects may be modest. His recent work, including papers on AI's macroeconomics and historical comparisons, reveals skepticism about AI's transformative potential, particularly its impact on jobs and productivity. Acemoglu argues that AI has been overhyped, leading to a focus on automation over augmenting human productivity, and suggests that a more deliberate, slower introduction of AI technologies could mitigate their potential drawbacks. This nuanced perspective urges consideration of broader socioeconomic impacts and advocates for measured adoption and regulation over unrestricted technological advancement.