Economics

This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers.

At the core of the financial system is the processing and aggregation of vast amounts of information into price signals that coordinate participants in the economy. Throughout history, advances in information processing...

We propose a framework for evaluating the potential impacts of large-language models (LLMs) and associated technologies on work by considering their relevance to the tasks workers perform in their jobs.

Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics th...

Historically, progress in the field of cryptography has been enormously consequential. Over the past century, for instance, cryptographic discoveries have played a key role in a world war and made it possible to use the internet..

Future advances in AI that automate away human labor may have stark implications for labor markets and inequality. This paper proposes a framework to analyze the effects of specific types of AI systems on the labor market...

The covid-19 pandemic has necessitated interventions that reduce physical contact among people, with dire effects on our economy. By some estimates, a quarter of all jobs in the economy require physical interaction and are thus...

At least since Herbert Simon’s (1960) prediction that artificial intelligence would soon replace all human labor, many economists have understood that there is a possibility that sooner or later ar...

Progress in artificial intelligence and related forms of automation technologies threatens to reverse the gains that developing countries and emerging markets have experienced from integrating into the world economy over the...

This working paper is a preliminary analysis of the legal rules, norms, and strategies governing artificial intelligence (AI)-related intellectual property (IP). We analyze the existing AI-related ...

The Windfall Clause is a policy proposal for an ex ante commitment by AI firms to donate a significant amount of any eventual extremely large profits garnered from the development of transformative AI

This research agenda by Allan Dafoe proposes a framework for research on AI governance. It provides a foundation to introduce and orient researchers to the space of important problems in AI governa...