Betsey Stevenson is associate professor of economics and public policy at the Gerald R.
Ford School of Public Policy, University of Michigan; a visiting associate professor of …

Advances in artificial intelligence (AI) highlight the potential of this technology to affect
productivity, growth, inequality, market power, innovation, and employment. This volume …

The declining cost scenario seems to have some optimistic properties. If the marginal cost is
zero or near-zero, in the longer run the output price should fall considerably. In some cases …

The introduction of artificial intelligence (AI) is the continuation of a long process of
automation. Advances in mechanization in the late nineteenth and early twentieth centuries …

The current advances in Artificial Intelligence are likely to have profound economic
implications and bring about new trade-offs, thereby posing new challenges from a …

Artificial intelligence (AI) will have profound societal effects. It promises potential benefits
(and may also pose risks) in education, defense, business, law and science. In this article …

The rapid development of artificial intelligence (AI) not only represents a scientific
breakthrough but also has impacts on human society and economies, as well as on the …

There have recently been dramatic increases in the technical capabilities of artificial
intelligence (AI). 1 For example, in February 2016, Google's DeepMind used its AI to beat …

There is widespread discussion regarding the impact of machines on employment (see
Autor, 2015). In some sense, the discussion mirrors a long-standing literature on the impact …

Artificial intelligence (AI) will have many profound societal effects. It promises potential
benefits (and may also pose risks) in education, defense, business, law, and science. In this …