Former Meta Executive Accuses Company of Compromising U.S. Security

In a recent interview, Nobel Prize-winning economist Daron Acemoglu expressed grave concerns over the trajectory of U.S. democracy, predicting a significant decline by 2025. Acemoglu emphasized that both the United States and Europe are facing severe crises of trust in their democratic institutions, exacerbated by social media amplifying extremist voices. He cited increasing inequality and failures in infrastructure as critical factors undermining democratic performance.
Acemoglu pointed to the U.S. reliance on its technology sector for economic growth post-2008 financial crisis, while Europe falls behind, largely due to sluggish recovery measures and pandemic mismanagement. He criticized the entrenched political polarization in the U.S., warning that the dominance of extreme factions within traditional parties endangers democratic values.
Despite his bleak outlook, Acemoglu remains hopeful for a revival of reasonable governance. He calls for Europe to enhance support for innovations and cautions against the monopolistic trends seen in American tech giants. “A world where Europe increasingly lags is frightening,” he stated.