Re: Economic Growth Assuming Machine Intelligence

morris/arla johnson (megao@sk.sympatico.ca)
Wed, 30 Sep 1998 23:40:59 -0600

Robin Hanson wrote:
>
> I finally did some formal economic analysis of the
> implications of machine intelligence (uploads or AIs) for
> economic growth, wages, and population. The analysis
> confirms and illuminates simple intuitions.
>
> ----------------------------------------------------------------
> Economic Growth Assuming Machine Intelligence
> http://hanson.berkeley.edu/aigrow.pdf , .ps
> by Robin Hanson
>
> A simple neo-classical growth model examines the implications
> of machine intelligence, machines which could substitute for,
> rather than complement, human labor. Steady state growth rates
> could easily rise by an order of magnitude or more. But with
> steady growth, wages and per-intelligence consumption could fall
> as fast as computer prices do.

> ----------------------------------------------------------------
>
> Robin Hanson
> hanson@econ.berkeley.edu http://hanson.berkeley.edu/
> RWJF Health Policy Scholar, Sch. of Public Health 510-643-1884
> 140 Warren Hall, UC Berkeley, CA 94720-7360 FAX: 510-643-8614