Will AI cause ‘explosive’ economic growth?

The flipside of artificial intelligence causing existential human risk is AI generating explosive economic growth. Both scenarios, so far, are purely science fictional. But that hasn’t prevented considerable discussion about the potential threat of the former.

There’s been far less analysis of the latter — which, I think, says something unfortunate about societal attitudes about technology and risk. A prime mission of this newsletter is to shift such Down Wing attitudes, at least in some small way. So I’ve been writing a lot about the potential benefits of AI/machine learning, including the recent advances in generative AI. One potential benefit: much faster productivity and economic growth.

How much faster? Maybe explosively faster. Much faster than has ever been experienced? Fingers crossed.

The possibility of AI generating warp-speed economic growth was the subject of a fascinating recent conversation, published at the wonderful Asterisk magazine, between Open Philanthropy economist Matt Clancy and Tamay Besiroglu, a research scientist at MIT’s Computer Science and AI Laboratory.

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