The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammell - YouTube
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Economics of AGI episode w Alex Imas and Phil Trammell. There's a bunch of important questions about how we deal with AI that only economics can answer. What is the optimal way to tax and redistribute the wealth that will be generated? How should countries not in the AI supply chain index into the gains? Is there any world where inequality doesn't explode? It might seem like these questions have obvious answers, but the first thing economics teaches you is that your intuitions can often be entirely wrong. It was very helpful to chat through these things with Alex and Phil.…
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