"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

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AI and Comparative Advantage in the Workforce

This chapter examines the impact of artificial intelligence on the job market through the lens of comparative advantage. It draws historical parallels to the decline of horses due to technological advancements, suggesting that while AI may outperform humans in many tasks, there remain essential roles that require human involvement. The discussion emphasizes the need for a new social contract to address potential job displacement and the importance of adapting to an evolving labor landscape.

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