Resistance is Futile

The Economics of AI: Breakdown or Breakthrough?


Listen Later

Time to look at the big picture.

What happens if you throw a brick in a washing machine? That - but change the words 'a brick' and 'washing machine' to 'AI' and 'an economy'.
We have System Dynamics practitioner Ty Keynes this week to will help us look at macro economics.
Breakdown or Breakthrough?
We explore the evolving role of AI through the lens of system dynamics, a field revolutionizing our understanding of complex economic systems. With the help of expert guest Ty Keynes, we discuss how we might be able to simulate economic outcomes before they unfold, avoiding catastrophic policy missteps.
Episode Highlights:
Technology's Tug-of-War:AI promises efficiency and innovation but at what cost? Discuss the societal shifts as jobs evolve or disappear, and the growing chasm between the digital haves and have-nots. How do we ensure that AI does not widen inequality but instead fosters a more inclusive economic landscape?
AI in the Dock: Delve into the ethical and practical implications of AI in the legal and accounting fields. Discover how automation is reshaping traditional pathways and what this means for training the next generation of professionals.
Future-Proofing Our Economy: What policies can mitigate the disruptive impact of AI? From Universal Basic Income (UBI) to targeted job guarantees, examine the solutions that could provide economic stability as we navigate the uncertainties of AI integration.
From AI to Advocacy: As always, we ask: should the trajectory of AI be left to industry giants, or is there a democratic imperative to steer these technologies toward public good?


...more
View all episodesView all episodes
Download on the App Store

Resistance is FutileBy Business Film Booth