Economics of AI

We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can...

This Brookings Working Paper analyses the structure of the market for foundation models, and examines the implications for competition policy and regulation.

This Brookings working paper presents an analysis of how institutions could be set up to prepare for a scenario of increasingly smart autonomous machines which could replace human labor and...