Tim Lee, the author of the excellent Understanding AI Substack, recently took to X with a plea : “I really wish there were more economists involved in discussions of the implications of superintelligence.” He continued: The most obvious example is people predicting mass unemployment without thinking through the impact of high productivity on fiscal and monetary policy. There are also people who implicitly assume that the economy will become 90 percent data centers, which doesn’t make much sense. To be fair, there are a lot of assumptions built into the issue. For one, Lee’s scenario assumes that machine intelligence […]
Full Post at www.aei.org