What Happens When Economists Think about AI?
January 27, 2020
Navigate to “The Economics of AI Today” and you may find some answers to this question. The article is a collection of conference notes assembled for publication in the Gradient. No single answer is offered, presumably because economic information does not provide clarity.
What emerges from information presented are several themes. DarkCyber noted these as interesting:
- Predictions. These will become “better.”
- Employment. It is good to be smart, rich, and AI savvy.
- Interconnectedness. The idea is that monopolistic services are under the glossy technology surface.
- Changes are coming: Research, medicine, etc.
- Benefits. Yes, less discrimination and the unicorns are romping in a green pasture.
- Skynet or a dark future. Nope.
DarkCyber found the article and its ideas a reminder about the vagaries of professional economists. I mean just look at the major economies. Humming right along, propelled by…economists and some lesser disciplines.
Stephen E Arnold, January 27, 2020
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