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#29 – Phil Trammell on Economic Growth under Transformative AI
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The Effects of AI on the Economy
As wages are going up, it's becoming more and more incentivized from the owner of firms to eventually replace you with this fully substitutable robot. And that seems to be a very scary scenario where initially we might be thinking that AI is great for society because it is helping to make workers more productive. But at some point, that very effect is going to be the very transformative thing that might hurt a lot of workers as well.
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