1/ 📊 New @NBERpubs paper alert! 🚨 𝗙𝗿𝗼𝗺 𝘁𝗵𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗔𝗴𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗔𝗴𝗲 𝗼𝗳 𝗔𝗜: How will Artificial General Intelligence reshape our economic paradigm? Exploring the next big shift in factors of production. #AGIEconomics at nber.org/papers/w32980
2/ 🤖💼 What happens when machines can do essentially 𝗔𝗟𝗟 human jobs? Our production function might look like Y = A F(K, L + M), where M is machine labor. The economic consequences and resulting challenges will be profound. #FutureOfWork

At this week's Spring Meetings of the world's finance ministers and central bankers at the IMF/World Bank, I delivered 𝗳𝗼𝘂𝗿 𝗺𝗲𝘀𝘀𝗮𝗴𝗲𝘀 to economic policymakers in the face of rapid advances in #GenerativeAI.

imfconnect.org/content/imf/en… (my talk is at 5:20) 1. 𝗘𝗺𝗯𝗿𝗮𝗰𝗲 these tools to reap 𝗹𝗮𝗿𝗴𝗲 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗴𝗮𝗶𝗻𝘀 -- both in your organizations and in your countries - examples here 👇

https://twitter.com/akorinek/status/1625138092406460419