The Pie: An Economics Podcast AI, the Economy, and Public Policy
8 snips
Jun 11, 2025 Anders Humlum is an Assistant Professor of Economics at Chicago Booth, while Sanjog Misra is a Professor of Marketing and Faculty Director of the Center for Applied AI at the same institution. They dive into how AI is reshaping the economy and influencing public policy. The discussion touches on AI's role in workplace automation, balancing human creativity with technology, and unexpected gender disparities in tech adoption. They also explore university initiatives that promote economic inclusion through innovative tools and the future of AI across diverse sectors.
AI Snips
Chapters
Transcript
Episode notes
AI More Augmentation Than Automation
- AI enhances human work mainly through augmentation, improving efficiency and agency in nuanced tasks.
- Effective AI enables new types of work and boosts user control and productivity.
AI and Humans Complement in Ads
- AI alone matched human ad copywriters, but combining human insights and AI fine-tuning boosted ad performance.
- Humans excel at complex tasks, highlighting AI-human complementarity over pure replacement.
Automate Low-Value Tasks
- Automate tasks with low human value and low enjoyment to free workers for higher-value work.
- Focus AI automation on areas where humans provide less value and prefer not to engage.