The dystopian scenario has become familiar: artificial intelligence sweeps through the economy, machines take the jobs, and workers are left behind. Tyler Cowen doesn’t buy it — but his alternative isn’t exactly reassuring.
“AI will not bring mass unemployment,” the George Mason University economist and Bloomberg columnist said during a keynote at the Sana AI summit at the New York Public Library in New York City. “But it will change most jobs.” For Cowen, that distinction matters enormously. And it points to a problem that may be harder to solve than unemployment: the psychological, social, and institutional cost of adjustment.
