Related papers: The AI Layoff Trap
I develop a theoretical model to examine how the rise of autonomous AI (artificial intelligence) agents disrupts two-sided digital advertising markets. Through this framework, I demonstrate that users' rational, private decisions to…
Artificial Intelligence and Machine Learning have become transformative to a number of industries, and as such many industries need for AI talent is increasing the demand for individuals with these skills. This continues to exacerbate the…
The integration of AI agents into economic markets fundamentally alters the landscape of strategic interaction. We investigate the economic implications of expanding the set of available technologies in three canonical game-theoretic…
Training advanced AI models requires large investments in computational resources, or compute. Yet, as hardware innovation reduces the price of compute and algorithmic advances make its use more efficient, the cost of training an AI model…
Artificial Intelligence (AI) can transform the knowledge economy by automating non-codifiable work. To analyze this transformation, we incorporate AI into an economy where humans form hierarchical organizations: Less knowledgeable…
The field of Artificial Intelligence (AI) is going through a period of great expectations, introducing a certain level of anxiety in research, business and also policy. This anxiety is further energised by an AI race narrative that makes…
AI risks are typically framed around physical threats to humanity, a loss of control or an accidental error causing humanity's extinction. However, I argue in line with the gradual disempowerment thesis, that there is an underappreciated…
Widespread developments in automation have reduced the need for human input. However, despite the increased power of machine learning, in many contexts these programs make decisions that are problematic. Biases within data and opaque models…
AI and renewable energy are increasingly framed as a "power couple" -- the idea that surging AI electricity demand will accelerate clean-energy investment -- yet concerns persist that AI will instead entrench fossil-fuel carbon lock-in. We…
This paper explores how artificial intelligence (AI) and robotics are transforming the global labor market. Human workers, limited to a 33% duty cycle due to rest and holidays, cost $14 to $55 per hour. In contrast, digital labor operates…
I argue that generative AI will have an uneven effect on the evolution of the law. To do so, I consider generative AI as a labor-augmenting technology that reduces the cost of both writing more complete contracts and litigating in court.…
AI's rapid integration into the workplace demands new approaches to workforce education and training and broader AI literacy across disciplines. Coordinated action from government, industry, and educational institutions is necessary to…
Employee attrition is an important and complex problem that can directly affect an organisation's competitiveness and performance. Explaining the reasons why employees leave an organisation is a key human resource management challenge due…
This article develops the concept of the agentic economy and diagnoses its measurable preconditions: a transition in which economic action is increasingly distributed among humans, AI agents, industrial robots, executable protocols, compute…
A central question in economics is whether automation will displace human labor and diminish standards of living. Whilst prior works typically frame this question as a competition between human labor and machines, we frame it as a…
The welfare of modern societies has been intrinsically linked to wage labour. With some exceptions, the modern human has to sell her labour-power to be able reproduce biologically and socially. Thus, a lingering fear of technological…
This article examines how unequal access to AI innovation creates systemic challenges for developing countries. Differential access to AI innovation results from the acute competition between domestic and global actors. While developing…
Artificial Intelligence (AI) is increasingly central to economic growth, promising new efficiencies and markets. This economic significance has sparked debate over AI regulation: do rules and oversight bolster long term growth by building…
AI is transforming human labor at an unprecedented pace - improving 10$\times$ per year in training effectiveness. This paper analyzes how society can adapt to AI-driven human-labor automation (HLA), using Bernardi et al.'s societal…
Traditionally, AI has been modeled within economics as a technology that impacts payoffs by reducing costs or refining information for human agents. Our position is that, in light of recent advances in generative AI, it is increasingly…