Many AI experts believe that some time in the next few years, we will build something close to artificial general intelligence (AGI), a system that can do nearly all valuable cognitive work as well as or better than humans. What happens to jobs, wages, prices, and politics in that world?

To explore that question, Derek is joined by Anton Korinek, an economist at the University of Virginia and one of the leading thinkers on the economics of transformative AI. Before he focused on superintelligence, Anton studied financial crises and speculative booms, so he brings a rare mix of macroeconomic skepticism and technological optimism. They talk about quiet AGI versus loud AGI, Baumol’s cost disease, robots, mass unemployment, and what kinds of policies might prevent an “AGI Great Depression” and keep no American left behind.

If you have questions, observations, or ideas for future episodes, email us at [email protected].

Host: Derek Thompson

Guest: Anton Korinek

Producers: Devon Baroldi

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