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15min chapter
Tyler Cowen - Hayek, Keynes, & Smith on AI, Animal Spirits, Anarchy, & Growth
Dwarkesh Podcast
Anarchy, Governance, and the Future of AI
This chapter discusses the declining interest rates and the incomplete understanding of their causes while transitioning into the implications of anarchy, particularly in network industries and decentralized systems. It examines the interplay between governance and emerging technologies like AI, highlighting historical contexts and ethical responsibilities we face towards future generations. The speakers argue that, despite the challenges posed by anarchic structures, some form of governance is likely to emerge, prompting a reevaluation of our relationship with technology and its inherent risks.
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