Before AGI cover image

Erik Brynjolfsson: Economics and AI

Before AGI

CHAPTER

The Impact of AI on Labor and Productivity

The chapter explores how AI can enhance productivity and drive living standards, potentially leading to significant advancements in various industries. It discusses the integration of AI into office work, the potential benefits for leading firms, and the historical perspective on technology adoption and productivity gains. The conversation also addresses the misconception around AI's impact on job opportunities, highlighting complexities in economic implications when the price of services decreases.

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