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Public Policy in an AI Economy

In: The Economics of Artificial Intelligence: An Agenda

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  • Austan Goolsbee

Abstract

This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed of adoption of the technology for the impact on the job market and the implications for inequality across people and across places. It also discusses the challenges of enacting a Universal Basic Income as a response to widespread AI adoption, discuss pricing, privacy and competition policy the question of whether AI could improve policy making itself.
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Suggested Citation

  • Austan Goolsbee, 2018. "Public Policy in an AI Economy," NBER Chapters,in: The Economics of Artificial Intelligence: An Agenda National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:14030
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    File URL: http://www.nber.org/chapters/c14030.pdf
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    Cited by:

    1. Pouliakas, Konstantinos, 2018. "Determinants of Automation Risk in the EU Labour Market: A Skills-Needs Approach," IZA Discussion Papers 11829, Institute for the Study of Labor (IZA).

    More about this item

    JEL classification:

    • H0 - Public Economics - - General
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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