Sad I fine instead how reliably the economists around me—overall smart and interested people—are less able to grasp the potential consequences of A(G)I than I think more random persons. We really are brainwashed into thinking capital is just leading to more productive labor employment possibilities, it is really a thing. Even sadder, imho, how the most rubbish arguments in such directions are made by many of the most famous of our profession indeed, and get traction, just a bit how OP points out.
I think the post doesn’t perfectly hit the explanation spot as I might try to elaborate below or elsewhere, but the post really is onto something.
Tone is of course up for debate, and you’re of course right to point out there are many exceptions and indeed increasing numbers. That we will have been surprisingly slow will remain undeniable though :).
Proud economist here but: I really second the OP!
Sad I fine instead how reliably the economists around me—overall smart and interested people—are less able to grasp the potential consequences of A(G)I than I think more random persons. We really are brainwashed into thinking capital is just leading to more productive labor employment possibilities, it is really a thing. Even sadder, imho, how the most rubbish arguments in such directions are made by many of the most famous of our profession indeed, and get traction, just a bit how OP points out.
I think the post doesn’t perfectly hit the explanation spot as I might try to elaborate below or elsewhere, but the post really is onto something.
Tone is of course up for debate, and you’re of course right to point out there are many exceptions and indeed increasing numbers. That we will have been surprisingly slow will remain undeniable though :).