27min chapter

"Upstream" with Erik Torenberg cover image

E53: Nathan Labenz and Noah Smith on What AI Actually Means for the Economy

"Upstream" with Erik Torenberg

CHAPTER

Navigating AI Impact on Wages and Workforce

The chapter explores the potential consequences of AI on wages and job opportunities, discussing the need for a reevaluation of the social contract amidst increasing automation. It highlights the contrasting views on whether high wages will be sustainable in an AI-driven future, emphasizing the importance of adapting to the changing landscape of work and employment. Delving into historical economic theories and societal attitudes, the conversation navigates the challenges and opportunities presented by technological advancements in the economy.

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