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What are current economic models missing about AGI? How would we know if we were approaching explosive growth? Stanford economist Phil Trammell has been rigorously thinking about the intersection of economic theory and AI (incl. AGI) for over five years, long before the recent surge of interest in large...

103,973 görüntüleme • 8 ay önce •via X (Twitter)

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New episode with former US Treasury Secretary and current OpenAI board member Larry Summers (Lawrence H. Summers). We discuss: - How he's been learning about AI. - The odds of the technology delivering a much faster economic growth regime (akin to the Industrial Revolution). - How AGI might change economic policymaking. Enjoy! Timestamps: (0:00:00) - Introduction. (0:00:46) - Larry's journey teaching himself about AI & deep learning since joining OpenAI’s board. (0:09:15) - How many hours per week has Larry been spending on OpenAI-related stuff? (0:10:16) - Which bottleneck to AI scaling does Larry think is the most underrated? (0:12:22) - Approximately what share of time do today's AI researchers spend on tasks that AI will be doing for them in five years? (0:15:01) - What explains the remarkable steadiness of US economic growth over the last 150 years? (0:19:42) - How likely is it that AI initiates a new growth regime with average growth that’s ~10x faster than today? (0:21:36) - What are the best economic arguments for believing AI won’t deliver a regime of ever-increasing growth rates? (0:25:33) - How much could AGI boost economic growth in developing countries merely by helping their policymakers make better decisions? (0:28:20) - How much better could monetary policy be if the Fed had AGI? (0:31:40) - How much would having AGI have helped US economic policymakers during the financial crisis & Great Recession? (0:36:07) - Is the CCP infiltrating and stealing the IP of major AI labs in the US and UK? (0:39:35) - At what point should AI be nationalised? (0:42:39) - How would Bill Clinton or Barack Obama be thinking about AI governance? (0:44:27) - If OpenAI restructures to a public benefit corporation, how does that change its incentives? (0:46:18) - What does Daron Acemoglu miss in his analysis of the economic impacts of AI?

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