The Good Fight Tyler Cowen on Everything
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Jan 8, 2025 
In a thought-provoking conversation, Tyler Cowen, a prominent economist and co-author of the "Marginal Revolution" blog, joins Yascha Mounk to explore the global economic landscape. They delve into the impact of AI on various sectors, emphasizing both its transformative potential and the need for human elements like networking. Cowen also discusses demographic shifts, such as declining birth rates, and their economic implications. Lastly, they consider the evolving competition between the U.S. and China, highlighting strategies for future resilience.
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AI's Impact on Institutions
- AI's major impact will take time, although some sectors like programming and graphic design are already experiencing rapid changes.
- Institutions are not currently structured to easily integrate AI, requiring a rebuilding process.
Rapid AI Improvement
- AI models like GPT-3 are already surpassing human performance in many areas, including medical diagnosis and legal understanding.
- Time scaling, a new technique giving AIs more processing time, shows promise for significant improvement.
Adapting to AI
- Adapt to AI's rise by focusing on skills AI can't replicate, like networking and mentorship.
- Don't feel stuck; there will be plenty of new work managing and utilizing AI.