How AI Could Reduce Inequality
Show notes
David Autor is a labor economist at MIT. He has written about how the arrival of personal computers increased inequality among American workers. But when it comes to AI, David thinks there could be a different outcome.
Read David’s article about AI in Noema Magazine.
In this episode, David explains:
- How computers increased the wage gap between college and non-college educated workers
- Why AI’s ability to supplement expertise may open up expert fields to more people
- How AI could make healthcare and legal services cheaper
- What fields will still experience rapid devaluation of skills due to AI
- The “no regrets” policies that the US could enact to help ease the impact of AI
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