Economics of AI: Prices will Fall, Wages will Rise, and Lessons from 1873
Today I summarize my keynote from Unleash Paris this week, where I draw a line between generative AI’s birth in November of 2022 and the Railroad Era of 1873. Not only are the parallels uncannily similar, it points out that AI’s takeover of our economy has impacted employment, politics, and our teetering stock and bond ... Read more»