IDEAS home Printed from https://ideas.repec.org/a/bla/reviec/v26y2018i3p508-523.html
   My bibliography  Save this article

AI and the future of the brain power society: When the descendants of Athena and Prometheus work together

Author

Listed:
  • Masahisa Fujita

Abstract

Taking the great opportunity of visiting Crete, I have presented my freewheeling imagination about the future of the brain power society, bearing in mind the recent development of AI and robots. Based on Greek mythology, I consider that all brain‐power professionals in civil society are the descendants of Athena, whereas the rapidly developing AI and robots are the ultimate descendants of Prometheus. In this context, in order to foresee the possible future of economic research in the coming AI revolution, I introduced the recent attempt by Marcus Berliant and myself to develop a formal framework for modeling the operational process of economic research. Then, I have suggested that if real humans and AI work together through such a framework while amplifying mutual comparative advantages, creativity in economic research as a whole will be vastly enhanced.

Suggested Citation

  • Masahisa Fujita, 2018. "AI and the future of the brain power society: When the descendants of Athena and Prometheus work together," Review of International Economics, Wiley Blackwell, vol. 26(3), pages 508-523, August.
  • Handle: RePEc:bla:reviec:v:26:y:2018:i:3:p:508-523
    DOI: 10.1111/roie.12310
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/roie.12310
    Download Restriction: no

    File URL: https://libkey.io/10.1111/roie.12310?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. David Autor, 2014. "Polanyi's Paradox and the Shape of Employment Growth," NBER Working Papers 20485, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aleksandra Parteka & Joanna Wolszczak-Derlacz, 2020. "Wage response to global production links: evidence for workers from 28 European countries (2005–2014)," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(4), pages 769-801, November.
    2. David J. Deming, 2017. "The Growing Importance of Social Skills in the Labor Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(4), pages 1593-1640.
    3. Ross, Matthew B., 2017. "Routine-biased technical change: Panel evidence of task orientation and wage effects," Labour Economics, Elsevier, vol. 48(C), pages 198-214.
    4. Echeverri-Carroll, Elsie L. & Oden, Michael D. & Gibson, David V. & Johnston, Evan A., 2018. "Unintended consequences on gender diversity of high-tech growth and labor market polarization," Research Policy, Elsevier, vol. 47(1), pages 209-217.
    5. Bokrantz, Jon & Skoogh, Anders & Berlin, Cecilia & Wuest, Thorsten & Stahre, Johan, 2020. "Smart Maintenance: a research agenda for industrial maintenance management," International Journal of Production Economics, Elsevier, vol. 224(C).
    6. Mukti Fajar & Mutiarin Dyah & Reni Budi Setianingrum, 2021. "Disruptive Innovation on Competition Law: Regulation Issues of Online Transportation in Indonesia," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 8, July - De.
    7. Georg Graetz & Guy Michaels, 2018. "Robots at Work," The Review of Economics and Statistics, MIT Press, vol. 100(5), pages 753-768, December.
    8. Sher Singh Verick, 2017. "The puzzles and contradictions of the Indian labour market: What will the future of work look like?," ASARC Working Papers 2017-02, The Australian National University, Australia South Asia Research Centre.
    9. Davide Dottori, 2021. "Robots and employment: evidence from Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(2), pages 739-795, July.
    10. David Deming & Lisa B. Kahn, 2018. "Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals," Journal of Labor Economics, University of Chicago Press, vol. 36(S1), pages 337-369.
    11. Azio Barani, 2021. "Innovazione tecnologica e lavoro: automazione, occupazione e impatti socio-economici," QUADERNI DI ECONOMIA DEL LAVORO, FrancoAngeli Editore, vol. 0(114), pages 51-79.
    12. Brad Hershbein & Lisa B. Kahn, 2018. "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," American Economic Review, American Economic Association, vol. 108(7), pages 1737-1772, July.
    13. Marcio Cruz & Emmanuel Milet & Marcelo Olarreaga, 2020. "Online exports and the skilled-unskilled wage gap," PLOS ONE, Public Library of Science, vol. 15(5), pages 1-24, May.
    14. Murillo Campello & Gaurav Kankanhalli & Pradeep Muthukrishnan, 2020. "Corporate Hiring under COVID-19: Labor Market Concentration, Downskilling, and Income Inequality," NBER Working Papers 27208, National Bureau of Economic Research, Inc.
    15. Domini, Giacomo & Grazzi, Marco & Moschella, Daniele & Treibich, Tania, 2021. "Threats and opportunities in the digital era: Automation spikes and employment dynamics," Research Policy, Elsevier, vol. 50(7).
    16. Joakim Gullstrand, 2020. "What goes around comes around: The effects of sanctions on Swedish firms in the wake of the Ukraine crisis," The World Economy, Wiley Blackwell, vol. 43(9), pages 2315-2342, September.
    17. Wolcott, Erin L., 2021. "Employment inequality: Why do the low-skilled work less now?," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 161-177.
    18. vom Lehn, Christian, 2020. "Labor market polarization, the decline of routine work, and technological change: A quantitative analysis," Journal of Monetary Economics, Elsevier, vol. 110(C), pages 62-80.
    19. Jan Pintera, 2022. "Skill-bias and Wage Inequality in the EU New Member States: Empirical Investigation," Working Papers IES 2022/26, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Oct 2022.
    20. Meir Russ, 2017. "The Trifurcation of the Labor Markets in the Networked, Knowledge-Driven, Global Economy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(2), pages 672-703, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:reviec:v:26:y:2018:i:3:p:508-523. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.