Marx, Keynes, and A.I.
- There’s a recent paper by two economists called “The AI Layoff Trap.
- ” It includes a ton of math I can’t understand, but I get the basic idea.
- I’ll show you the abstract:If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on.
Unverified
- There’s a recent paper by two economists called “The AI Layoff Trap.
- ” It includes a ton of math I can’t understand, but I get the basic idea.
- I’ll show you the abstract:If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on.
Sources: Unpopularfront