Millions of people around the world now use AI companions — for friendship, emotional support, mental health counselling and romantic interactions. This includes 72 per cent of adolescents, according to one study from the United States.
Meanwhile, human-caused climate change has already led to widespread impacts and rising risks, some of them irreversible. Yet emissions remain high.
As a professor of finance, I see these phenomena as different expressions of the same underlying bias: we apply too high a discount rate to the future.