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What Economists Really Do: The Political and Economic Risks of AI
The immediate risk of AI is not a sensational conflict with malevolent superintelligence and killer robots. It is the risk of AI destabilizing the current political-economic equilibrium, radically altering the balance of power in society, and tearing up the social fabric. This talk describes how such a process might unfold and proposes policies and institutions for managing the political and economic risks of AI. Competition policy emerges as a critical tool for risk management, as does strengthening democratic and egalitarian institutions. Without appropriate policies, there will be no AI-driven growth take-off and the scale of inequality that would emerge would dwarf anything experienced in the twentieth century.
Date:
12 May 2025, 12:00
Venue:
Regidter for link
Speaker:
Jean-Paul Carvalho (University of Oxford)
Organising department:
Department of Economics
Part of:
What Economists Really Do (W.E.R.D.)
Booking required?:
Required
Booking url:
https://www.ticketsource.co.uk/department-of-economics-university-of-oxford/what-economists-really-do-the-economics-of-radicalisation/e-jbzvao
Audience:
Public
Editors:
Emma Heritage,
Edward Valenzano
