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The A.I. Dilemma: Growth versus Existential Risk

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  • Charles I. Jones

Abstract

Advances in artificial intelligence (A.I.) are a double-edged sword. On the one hand, they may increase economic growth as A.I. augments our ability to innovate. On the other hand, many experts worry that these advances entail existential risk: creating a superintelligence misaligned with human values could lead to catastrophic outcomes, even possibly human extinction. This paper considers the optimal use of A.I. technology in the presence of these opportunities and risks. Under what conditions should we continue the rapid progress of A.I. and under what conditions should we stop?

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  • Charles I. Jones, 2023. "The A.I. Dilemma: Growth versus Existential Risk," NBER Working Papers 31837, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:31837
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    Cited by:

    1. Sandrini, Luca & Somogyi, Robert, 2023. "Generative AI and deceptive news consumption," Economics Letters, Elsevier, vol. 232(C).
    2. Jonathan J Adams & Min Fang & Zheng Liu & Yajie Wang, 2024. "The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance," Working Papers 001015, University of Florida, Department of Economics.

    More about this item

    JEL classification:

    • J17 - Labor and Demographic Economics - - Demographic Economics - - - Value of Life; Foregone Income
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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