From the New World cover image

Tyler Cowen: No Such Thing As Talent Decline

From the New World

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Creative Destruction in Higher Education

This chapter explores the impact of creative destruction on industries reliant on subsidies, especially in the context of higher education and its struggle to adapt to AI advancements. It examines the disconnect between students and faculty regarding AI proficiency and the implications of reduced individual accountability on societal progress, while considering the transformative potential of AI in reshaping educational roles and responsibilities.

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