Working Intelligence: Making Americans Irreplaceable How AI Will End 50 Years of Economic Stagnation, with Tyler Cowen
23 snips
Sep 1, 2025 
Tyler Cowen, a prominent economist and director of the Mercatus Center, discusses the transformative power of AI in revitalizing the economy after decades of stagnation. He argues that AI will democratize access to services like healthcare and legal expertise while fostering new ventures and job creation. The conversation explores how America's robust markets and innovative culture are primed for an AI-led revolution. Cowen also highlights AI's potential social impacts, from enhancing personal learning to changing our concepts of companionship.
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AI As A Growth Multiplier
- AI will enable faster production, better ideas, and accelerated scientific progress.
- These advances will create many new ventures and generally more jobs than they destroy.
Democratizing Expertise And Learning
- Large language models democratize high-quality medical and legal advice at the margin.
- AI also dramatically improves self-education by creating syllabi, questions, grading, and explanations 24/7.
AI Could End The Great Stagnation
- Economic growth slowed after the 1970s because earlier technologies reached maturity.
- AI and computation represent a new foundational breakthrough that can end the Great Stagnation.
