RSS

Eco­nomics of ar­tifi­cial intelligence

TagLast edit: 22 Jul 2022 21:01 UTC by Leo

The economics of artificial intelligence studies the implications for economic growth and labor markets of increasingly powerful AI systems. The economics of AI also covers the study of short-term and long-term economic dynamics that affect the development of AI, including increased production of computing resources; the relationship between access to human capital and speed of AI research; and competition dynamics among AI firms. The field draws heavily from the study of technical change and innovation in economics, and their effect on economic growth and firm dynamics.

Further reading

Hanson, Robin (2001) Economic growth given machine intelligence, unpublished.

Trammell, Philip & Anton Korinek (2021) Economic growth under transformative AI: A guide to the vast range of possibilities for output growth, wages, and the labor share, Global Priorities Institute, University of Oxford.

Yudkowsky, Eliezer (2013) Intelligence explosion microeconomics, technical report 2013-1, Machine Intelligence Research Institute.

External links

The economics of AI. An online course by Prof. Anton Korinek.

Related entries

AI governance | artificial intelligence | economics | economic growth | transformative artificial intelligence

New Se­quence—Towards a wor­ld­wide, wa­ter­tight Wind­fall Clause

John Bridge 🔸7 Apr 2022 15:02 UTC
25 points
4 comments8 min readEA link

AGI and the EMH: mar­kets are not ex­pect­ing al­igned or un­al­igned AI in the next 30 years

basil.halperin10 Jan 2023 16:05 UTC
339 points
177 comments26 min readEA link

[Question] Which stocks or ETFs should you in­vest in to take ad­van­tage of a pos­si­ble AGI ex­plo­sion, and why?

Eevee🔹10 Apr 2023 17:55 UTC
19 points
16 comments1 min readEA link

Two con­trast­ing mod­els of “in­tel­li­gence” and fu­ture growth

Magnus Vinding24 Nov 2022 11:54 UTC
74 points
32 comments22 min readEA link

[Question] Know a grad stu­dent study­ing AI’s eco­nomic im­pacts?

Madhav Malhotra5 Jul 2023 0:07 UTC
7 points
0 comments1 min readEA link

AI and Work: Sum­maris­ing a New Liter­a­ture Review

cpeppiatt15 Jul 2024 10:27 UTC
13 points
0 comments2 min readEA link
(arxiv.org)

Wor­ri­some mi­s­un­der­stand­ing of the core is­sues with AI transition

Roman Leventov18 Jan 2024 10:05 UTC
4 points
3 comments1 min readEA link

#191 (Part 1) – The econ­omy and na­tional se­cu­rity af­ter AGI (Carl Shul­man on the 80,000 Hours Pod­cast)

80000_Hours27 Jun 2024 19:10 UTC
45 points
0 comments19 min readEA link

Epoch AI is Hiring an Eco­nomics of AI Researcher

merilalama3 May 2024 0:03 UTC
24 points
2 comments3 min readEA link
(careers.rethinkpriorities.org)

An economist’s per­spec­tive on AI safety

David Stinson7 Jun 2024 7:55 UTC
7 points
1 comment9 min readEA link

Map­ping How Alli­ances, Ac­qui­si­tions, and An­titrust are Shap­ing the Fron­tier AI Industry

t6aguirre3 Jun 2024 9:43 UTC
24 points
1 comment2 min readEA link

Ad­vo­cat­ing for Public Own­er­ship of Fu­ture AGI: Pre­serv­ing Hu­man­ity’s Col­lec­tive Heritage

George_A (Digital Intelligence Rights Initiative) 14 Jul 2023 16:01 UTC
−10 points
2 comments4 min readEA link

A brief his­tory of the au­to­mated corporation

Owen Cotton-Barratt4 Nov 2024 14:37 UTC
21 points
0 comments5 min readEA link
(strangecities.substack.com)

GovAI We­bi­nars on the Gover­nance and Eco­nomics of AI

MarkusAnderljung12 May 2020 15:00 UTC
16 points
0 comments1 min readEA link

Eco­nomic growth un­der trans­for­ma­tive AI

Global Priorities Institute3 Feb 2021 14:31 UTC
3 points
0 comments3 min readEA link
(globalprioritiesinstitute.org)

Phil Tram­mell on Eco­nomic Growth Un­der Trans­for­ma­tive AI

Michaël Trazzi24 Oct 2021 18:10 UTC
10 points
0 comments53 min readEA link
(youtu.be)

Here are the fi­nal­ists from FLI’s $100K Wor­ld­build­ing Contest

Jackson Wagner6 Jun 2022 18:42 UTC
44 points
5 comments2 min readEA link

What a com­pute-cen­tric frame­work says about AI take­off speeds

Tom_Davidson23 Jan 2023 4:09 UTC
189 points
7 comments16 min readEA link
(www.lesswrong.com)

[Question] What work has been done on the post-AGI dis­tri­bu­tion of wealth?

tlevin6 Jul 2022 18:59 UTC
16 points
3 comments1 min readEA link

La­bor Par­ti­ci­pa­tion is a High-Pri­or­ity AI Align­ment Risk

alx12 Aug 2024 18:48 UTC
16 points
3 comments16 min readEA link

A Wind­fall Clause for CEO could worsen AI race dynamics

Larks9 Mar 2023 18:02 UTC
69 points
12 comments7 min readEA link

Long-Term Fu­ture Fund: May 2021 grant recommendations

abergal27 May 2021 6:44 UTC
110 points
17 comments57 min readEA link

Could AI ac­cel­er­ate eco­nomic growth?

Tom_Davidson7 Jun 2023 19:07 UTC
28 points
0 comments6 min readEA link

Some thoughts on David Rood­man’s model of eco­nomic growth and its re­la­tion to AI timelines

Tom_Davidson19 Jul 2021 21:47 UTC
96 points
6 comments6 min readEA link

Re­port on Whether AI Could Drive Ex­plo­sive Eco­nomic Growth

Tom_Davidson25 Jun 2021 23:02 UTC
63 points
5 comments2 min readEA link

Hereti­cal Thoughts on AI | Eli Dourado

𝕮𝖎𝖓𝖊𝖗𝖆19 Jan 2023 16:11 UTC
142 points
15 comments1 min readEA link

A com­pute-based frame­work for think­ing about the fu­ture of AI

Matthew_Barnett31 May 2023 22:00 UTC
96 points
36 comments19 min readEA link

England & Wales & Windfalls

John Bridge 🔸3 Jun 2022 10:26 UTC
13 points
1 comment24 min readEA link

Against us­ing stock prices to fore­cast AI timelines

basil.halperin10 Jan 2023 16:04 UTC
18 points
5 comments2 min readEA link

Are New Ideas in AI Get­ting Harder to Find?

Charlie Harrison10 Dec 2024 12:52 UTC
24 points
0 comments5 min readEA link

[Question] An eco­nomics of AI gov—best re­sources for

Liv26 Feb 2023 11:11 UTC
10 points
4 comments1 min readEA link

A con­cern­ing ob­ser­va­tion from me­dia cov­er­age of AI in­dus­try dynamics

Justin Olive2 Mar 2023 23:56 UTC
48 points
5 comments3 min readEA link

[Question] Is AI like disk drives?

Tanae2 Sep 2023 19:12 UTC
8 points
1 comment1 min readEA link

Would you pur­sue soft­ware en­g­ineer­ing as a ca­reer to­day?

justaperson18 Mar 2023 3:33 UTC
8 points
15 comments3 min readEA link

[Question] Should we na­tion­al­ize AI de­vel­op­ment?

Jadon Schmitt20 Jul 2023 5:31 UTC
5 points
4 comments1 min readEA link

As­ter­isk Magaz­ine Is­sue 03: AI

Alejandro Ortega24 Jul 2023 15:53 UTC
34 points
3 comments1 min readEA link
(asteriskmag.com)

Re­duc­ing profit mo­ti­va­tions in AI development

Luke Frymire3 Apr 2023 20:04 UTC
19 points
1 comment6 min readEA link

[Question] AI vs Ops—How should early-ca­reer Oper­a­tions peo­ple de­velop their skill set over the next 5 years?

Dim Sum24 Apr 2023 21:50 UTC
6 points
1 comment1 min readEA link

How much do mar­kets value Open AI?

Ben_West🔸14 May 2023 19:28 UTC
39 points
13 comments4 min readEA link

In­tro­duc­ing a New Course on the Eco­nomics of AI

akorinek21 Dec 2021 4:55 UTC
84 points
6 comments2 min readEA link

Against Ex­plo­sive Growth

c.trout4 Sep 2024 21:45 UTC
24 points
9 comments1 min readEA link

UBI isn’t de­signed for tech­nolog­i­cal unemployment

Kevin Kohler5 Sep 2024 15:40 UTC
14 points
6 comments7 min readEA link
(machinocene.substack.com)

Will we ever run out of new jobs?

Kevin Kohler19 Aug 2024 15:03 UTC
11 points
4 comments7 min readEA link
(machinocene.substack.com)

AI & wis­dom 2: growth and amor­tised optimisation

L Rudolf L29 Oct 2024 13:37 UTC
20 points
0 comments1 min readEA link
(rudolf.website)

Should AI X-Risk Wor­ri­ers Short the Mar­ket?

postlibertarian4 Nov 2024 16:16 UTC
14 points
1 comment6 min readEA link

Is Deep Learn­ing Ac­tu­ally Hit­ting a Wall? Eval­u­at­ing Ilya Sutskever’s Re­cent Claims

Garrison13 Nov 2024 17:00 UTC
108 points
7 comments8 min readEA link
(garrisonlovely.substack.com)
No comments.