"If we are going to avoid misguided policy pathways ... we need to adapt mainstream economics to new climate realities.”
"Aging is a huge part of the story” in robot adoption.
“Many of the jobs that [got] automated ... don't exist anymore, and the workers that used to perform them are now doing lower-skill jobs.”
"The successful centralization of power under state institutions more commonly involves the assent and cooperation of the people subject to it."
"AI capabilities do not involve anything close to true reasoning. Still, the effects can be pernicious. Narrow AI is already displacing workers."
...there are a lot of piecemeal automation steps that companies can take that might be cost-effective...
“A significant portion of the rise in U.S. wage inequality over the last four decades has been driven by automation..."
...automation is responsible for "more than half" of the decline in wages...more than the rise of China and the decline of private-sector unions.
...wages in America are increasingly unequal, and the biggest factors are related to automation.
"...humanity has acquired a new appreciation for risk...the challenge comes in deciding which problems warrant our attention, and in what order."
