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22min chapter
7. Phil Trammell on Economic Growth under Transformative AI
The Inside View
Navigating Economic Growth with Transformative AI
This chapter explores the intricate dynamics of economic growth influenced by transformative AI, focusing on labor-augmenting technologies and their impact on innovation. The discussion highlights the importance of investment in human capital and examines feedback mechanisms and scenarios regarding wage dynamics in relation to capital and labor. Additionally, it emphasizes the challenges of sustaining growth in a resource-constrained environment while considering the implications of technologies on traditional economic models.
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