Brave New World -- hosted by Vasant Dhar

Ep 18: Erik Brynjolfsson on the Second Machine Age

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Description

The first machine age was about mechanical machines. We now live in a time of thinking machines. Erik Brynjolfsson joins Vasant Dhar in episode 18 of Brave New World to talk about the impact of AI on productivity and inequality -- and to explain why he remains optimistic about the prospects for humans in the AI era.
 
Useful resources:
1. The Second Machine Age -- Erik Brynjolfsson and Andrew McAfee.
2. Erik Brynjolfsson's website, SSRN page and Google Scholar page.
3. The coming productivity boom --  Erik Brynjolfsson and Georgios Petropoulos
4. Artificial Intelligence and the Modern Productivity Paradox -- Erik Brynjolfsson, Daniel Rock & Chad Syverson.
5. The Productivity J-Curve: How Intangibles Complement General Purpose Technologies --  Erik Brynjolfsson, Daniel Rock and Chad Syverson.
6. How Should We Measure the Digital Economy? -- Erik Brynjolfsson and Avinash Collis.
7. GDP-B: Accounting for the Value of New and Free Goods in the Digital Economy -- Erik Brynjolfsson, Avinash Collis, W. Erwin Diewert, Felix Eggers & Kevin J. Fox.
8. Digital Capital and Superstar Firms -- Prasanna Tambe, Lorin Hitt, Daniel Rock & Erik Brynjolfsson.
9. Artificial Intelligence and the Future of Work -- Congressional Testimony of Erik Brynjolfsson (September 24, 2019).
10. Do Digital Platforms Reduce Moral Hazard? The Case of Uber and Taxis -- Meng Liu, Erik Brynjolfsson and Jason Dowlatabadi.
11. Does Machine Translation Affect International Trade? -- Erik Brynjolfsson, Xiang Hui & Meng Liu.
12. The Economics of Superstars -- Sherwin Rosen.
13. General Purpose Technologies "Engines of Growth?" -- Timothy F. Bresnahan & Manuel Trajtenberg.
14. Deaths of Despair and the Future of Capitalism -- Anne Case and Angus Deaton.
15. Economic Possibilities for Our Grandchildren -- John Maynard Keynes.
16. Understanding QE in the New World -- Episode 10 of Brave New World (w Paul Sheard).
17. The Nature of Intelligence -- Episode 7 of Brave New World (w Yann LeCun).
18. Uplift the Unremarkables -- Episode 2 of Brave New World (w Scott Galloway).