14min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

AI's Influence on the Economy with Nathan Labenz

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Humans' Role Despite AI Superiority

The chapter delves into the concept of comparative advantage, suggesting that despite AI surpassing humans in some tasks, there will always be valuable roles for humans in the economy. It discusses scenarios where AI may initially excel in certain tasks but humans could eventually reclaim those roles, emphasizing the importance of doing a better job at cost. The implications of using AI in various roles like dating coaches, doctors, and assistants are explored, highlighting the considerations of energy, time, and opportunity cost.

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