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#29 – Phil Trammell on Economic Growth under Transformative AI
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The Inequality Worry Is a Real Worry
I can imagine the models or like a kind of simple formal model that you might use in economics might end up passing over those potential like social or political dangers and harms from those two things. So I'm curious to hear whether that's true, whether I'm being unfairly harsh, whether the inequality worry is a real worry and then maybe later we can talk about any potential fixes. Sure, so first off, inequality worries definitely a real worry but I don't think the models fail to deal with that, per se. The central theme, if anything, of the literature on the economics of AI has been its likely impact on the distribution of wages.
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