#29 – Phil Trammell on Economic Growth under Transformative AI
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AI and the Growth Model
Sally Kohn: I guess it might be good to start off with the most simple way to think about AI, which is that it is just increasing technology. And this labor augmenting technology, you said that allows us to do more things per person. Can you generally talk about how that kind of fits into this growth model and what we might expect to happen to wages or growth in general? So if AI just constitutes labor augmentingTechnology, then it would constitute sort of the next stage in a process that's been ongoing for hundreds of years in the developed world at least.
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