Gresham College Lectures

Economics and Artificial Intelligence - Daniel Susskind

23 snips
Jan 16, 2026
Daniel Susskind, a research professor and economist, dives deep into the interplay between AI and work. He discusses the rapid rise of ChatGPT and its significance in the ongoing evolution of generative AI. Exploring AI's history, from ancient myths to the transformative Dartmouth workshop, Susskind highlights how economic assumptions regarding automation have faltered. He introduces the concept of task encroachment, emphasizing its dual role in substituting and complementing human skills, while also forecasting the need for retraining in the face of technological change.
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ANECDOTE

Dartmouth Sparked An AI Community

  • The 1956 Dartmouth workshop formed the AI research community rather than producing a breakthrough result.
  • That summer set a direction that shaped decades of AI work.
INSIGHT

Early AI Relied On Human Mimicry

  • Early AI assumed machines must copy human intelligence to improve.
  • Researchers built systems by mimicking brain structure, thought processes, or human rules.
ANECDOTE

Law Expert System On Floppy Disks

  • Richard Susskind and colleagues built an expert legal system on floppy disks in the 1980s.
  • They encoded millions of decision-tree branches from expert rules for the Latent Damage Act.
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