Desperate Measurements

“According to some measures, A.I. is contributing to high unemployment rates among new graduates and might already have destroyed tens of thousands of jobs. Other sources suggest companies might actually be adding workers as a result of the technology. A.I. might be contributing to the U.S. inflation problem, or part of the solution to it. It might be responsible for a recent pickup in productivity growth, or might be playing virtually no role — or the productivity boom itself might be a mirage. Researchers can’t even agree on basic questions like how many companies are using A.I. or which workers are most vulnerable to the disruptions it could cause.” A.I. Is Reshaping the Economy. Good Luck Measuring How.

+ “OpenAI has proposed giving the Trump administration a 5% stake in the company as part of a broader arrangement in which leading U.S. artificial intelligence firms would cede similar equity to the government through a sovereign wealth fund vehicle.”