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The Economics of Transformative AI | NBER

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The rapid advancement of artificial intelligence (AI) may usher in the most significant economic transformation since the Industrial Revolution. For nearly a decade, as I witnessed the continuous progress in deep learning, I have been studying the economics of transformative AI — how our economy may be transformed as AI systems advance toward mastering all forms of cognitive work that can be performed by humans, including new tasks that don’t even exist yet. The prospect of understanding the strange new world we will inhabit when transformative AI is developed has felt both intellectually urgent and personally meaningful to me as a father of two young children. Today, AI systems are approaching and exceeding human-level performance in many domains, and it looks increasingly like our world will be transformed before my children have grown up. In this research summary, I outline my analysis of how transformative AI could reshape our economy, discuss frameworks for preparing for this tran

The Economics of Transformative AI | NBER Skip to main content The Reporter A free quarterly periodical featuring NBER Program Reports and long-form summaries of affiliates' research. Subscribe Share X LinkedIn Facebook Bluesky Threads Email Link The Economics of Transformative AI 12/31/2024 Featured in print Reporter By Anton Korinek The rapid advancement of artificial intelligence (AI) may usher in the most significant economic transformation since the Industrial Revolution. For nearly a decade, as I witnessed the continuous progress in deep learning, I have been studying the economics

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