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This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers. I examine how the Age of AI will revolutionize the basic…

General Economics · Economics 2024-09-23 Anton Korinek

The rise of Artificial General Intelligence (AGI) marks an existential rupture in economic and political order, dissolving the historic boundaries between labor and capital. Unlike past technological advancements, AGI is both a worker and…

General Economics · Economics 2025-03-19 Pascal Stiefenhofer

The emergence of Artificial General Intelligence (AGI) labor, including AI agents and autonomous systems operating at near-zero marginal cost, reduces the marginal productivity of human labor, ultimately pushing wages toward zero. As AGI…

General Economics · Economics 2025-02-12 Pascal Stiefenhofer

Artificial intelligence (AI) is advancing exponentially and is likely to have profound impacts on human wellbeing, social equity, and environmental sustainability. Here we argue that the "alignment problem" in AI research is also an…

General Economics · Economics 2026-04-30 Daniel W. O'Neill , Stefano Vrizzi , Noemi Luna Carmeno , Felix Creutzig , Jefim Vogel

This document focuses on the threats, especially near-term threats, that Artificial Intelligence (AI) brings to society. Most of the threats discussed here can result from any algorithmic process, not just AI; in addition, defining AI is…

Computers and Society · Computer Science 2024-09-10 Don Byrd

As LLM agents evolve, tokens have emerged as the core economic primitives of Agentic AI. However, their exponential consumption introduces severe computational, collaborative, and security bottlenecks. Current surveys remain fragmented…

Artificial Intelligence · Computer Science 2026-05-12 Yuxi Chen , Junming Chen , Chenyu He , Yiwei Li , Yicheng Ji , Yifan Wu , Dingyu Yang , Lansong Diao , Lidan Shou , Hongliang Zhang , Huan Li , Gang Chen

The integration of Artificial General Intelligence (AGI) into economic production represents a transformative shift with profound implications for labor markets, income distribution, and technological growth. This study extends the Constant…

General Economics · Economics 2025-02-12 Pascal Stiefenhofer

The widespread adoption of generative artificial intelligence (AI) has fundamentally transformed technological landscapes and societal structures in recent years. Our objective is to identify the primary methodologies that may be used to…

Computers and Society · Computer Science 2024-11-15 Carlos J. Costa , Joao Tiago Aparicio , Manuela Aparicio

Token economics has emerged as a useful lens for understanding resource allocation, value creation, and pricing in large language model systems. While recent work has increasingly treated tokens as economic primitives, there remains a…

Artificial Intelligence · Computer Science 2026-05-19 Ou Wu , Yingjun Deng

We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We…

General Economics · Economics 2024-03-20 Anton Korinek , Donghyun Suh

Generative Artificial Intelligence (AI) stands as a transformative force that presents a paradox; it offers unprecedented opportunities for productivity growth while potentially posing significant threats to economic stability and societal…

For millennia, human cognition was the primary engine of progress on Earth. As AI decouples cognition from biology, the marginal cost of measurable execution falls to zero, absorbing any labor capturable by metrics--including creative,…

General Economics · Economics 2026-02-26 Christian Catalini , Xiang Hui , Jane Wu

This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing…

Computers and Society · Computer Science 2025-02-14 Paulo Carvão

Tackling real-world socio-economic challenges requires designing and testing economic policies. However, this is hard in practice, due to a lack of appropriate (micro-level) economic data and limited opportunity to experiment. In this work,…

The rapid integration of agentic AI into high-stakes real-world applications requires robust oversight mechanisms. The emerging field of AI Control (AIC) aims to provide such an oversight mechanism, but practical adoption depends heavily on…

Artificial Intelligence · Computer Science 2026-03-03 Mikhail Terekhov , Zhen Ning David Liu , Caglar Gulcehre , Samuel Albanie

Current efforts in AI safety prioritize filtering harmful content, preventing manipulation of human behavior, and eliminating existential risks in cybersecurity or biosecurity. While pressing, this narrow focus overlooks critical…

Computers and Society · Computer Science 2025-07-14 Sanchaita Hazra , Bodhisattwa Prasad Majumder , Tuhin Chakrabarty

The use of artificial intelligence (AI) and AI methods in the workplace holds both great opportunities as well as risks to occupational safety and discrimination. In addition to legal regulation, technical standards will play a key role in…

Computers and Society · Computer Science 2021-08-27 Nikolas Becker , Pauline Junginger , Lukas Martinez , Daniel Krupka , Leonie Beining

This paper summarizes the most cogent advantages and risks associated with Artificial Intelligence from an in-depth review of the literature. Then the authors synthesize the salient risk-related models currently being used in AI, technology…

Computers and Society · Computer Science 2024-06-19 Richard Fulton , Diane Fulton , Nate Hayes , Susan Kaplan

The AI safety literature is full of examples of powerful AI agents that, in blindly pursuing a specific and usually narrow objective, ends up with unacceptable and even catastrophic collateral damage to others. In this paper, we consider…

Artificial Intelligence · Computer Science 2025-04-15 Kee Siong Ng , Samuel Yang-Zhao , Timothy Cadogan-Cowper

This paper analyzes how expectations of Transformative AI (TAI) affect current economic behavior by introducing a novel mechanism where automation redirects labor income from workers to those controlling AI systems, with the share of…

Theoretical Economics · Economics 2025-02-18 Caleb Maresca
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