<p>It is a challenging time to be an economist, or really an expert of any kind. We can best serve our discipline and importantly our world by acknowledging the strengths and weaknesses of our past approaches and acting with humility to chart a path forward. I worry that we may have overdeveloped our technical capacities at the expense of the philosophical. We cannot stick our collective head in the sand regarding our dogma or reflexively dismiss well-intentioned critiques, whatever their source. A key way that economists can add value today is using our long run, equilibrium way of thinking to map out the future state as AI adoption takes hold. Instead of observing the debate and trying to predict whether and how AI will impact human labor, we can also take everything we know to look at the possible end-states and ask some hard questions about which ones represent a world that truly serves the well-being of all.</p>

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The business economist’s comparative advantage

  • Emily Kolinski Morris

摘要

It is a challenging time to be an economist, or really an expert of any kind. We can best serve our discipline and importantly our world by acknowledging the strengths and weaknesses of our past approaches and acting with humility to chart a path forward. I worry that we may have overdeveloped our technical capacities at the expense of the philosophical. We cannot stick our collective head in the sand regarding our dogma or reflexively dismiss well-intentioned critiques, whatever their source. A key way that economists can add value today is using our long run, equilibrium way of thinking to map out the future state as AI adoption takes hold. Instead of observing the debate and trying to predict whether and how AI will impact human labor, we can also take everything we know to look at the possible end-states and ask some hard questions about which ones represent a world that truly serves the well-being of all.