Season 1 · Episode 471
Will AI deliver – and at what cost?
AI might help the productivity of some companies, but what about the benefit to society as a while?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
September 3, 202545m 0s
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Show Notes
We keep hearing about the productivity gains from AI. This week Phil asks Steve about the difference between productivity for a company versus the societal benefits. For example, AI and robots might do a job more efficiently than a human, but it’ll chew up energy in the process, and the human will still be consuming energy as well, unless robots start killing us off. So, this revolution might make some companies more efficient, but as a society as a whole what is the price we are paying? Or is Phil just an old-fashioned laggard?
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