AI, Redistribution, and the Size of the Pie
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Anthropic’s economic team, including Anton Korinek and Chad Jones, have a valuable new paper, Economic Scenarios for Transformative AI. They make their assumptions explicit and provide a scenario explorer that lets you change them. How capable will AI become? How quickly will firms adopt it? Will it augment workers or automate their tasks? You can see what different answers imply for growth, wages, and unemployment.
In their extreme scenario AI takes on a lot of tasks, GDP is 32.4% higher
In their extreme scenario AI takes on a lot of tasks, GDP is 32.4% higher
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