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Aligned with Whom? Direct and Social Goals for AI Systems

Korinek, Anton; Balwit, Avital - National Bureau of Economic Research - 2022

As artificial intelligence (AI) becomes more powerful and widespread, the AI alignment problem--how to ensure that AI systems pursue the goals that we want them to pursue--has garnered growing attention. This article distinguishes two types of alignment problems depending on whose goals we...

Persistent link: https://www.econbiz.de/10013210045

Integrating Ethical Values and Economic Value to Steer Progress in Artificial Intelligence

Korinek, Anton - 2019

ultimately desirable for society. One crucial area are the effects of AI and related forms of automation on labor markets, which …

Persistent link: https://www.econbiz.de/10012480076

Artificial Intelligence, Globalization, and Strategies for Economic Development

Korinek, Anton; Stiglitz, Joseph E. - National Bureau of Economic Research - 2021

Progress in artificial intelligence and related forms of automation technologies threatens to reverse the gains that …

Persistent link: https://www.econbiz.de/10012482670

Artificial Intelligence and Its Implications for Income Distribution and Unemployment

Korinek, Anton - 2017

Inequality is one of the main challenges posed by the proliferation of artificial intelligence (AI) and other forms of worker-replacing technological progress. This paper provides a taxonomy of the associated economic issues: First, we discuss the general conditions under which new technologies...

Persistent link: https://www.econbiz.de/10012453539

Scenarios for the Transition to AGI

Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024

ever more complex tasks amenable to automation. The effects on wages depend on a race between automation and capital … accumulation. If automation proceeds sufficiently slowly, then there is always enough work for humans, and wages may rise forever …. By contrast, if the complexity of tasks that humans can perform is bounded and full automation is reached, then wages …

Persistent link: https://www.econbiz.de/10014512109

Language Models and Cognitive Automation for Economic Research

Korinek, Anton - National Bureau of Economic Research - 2023

. Finally, I speculate on the longer-term implications of cognitive automation via LLMs for economic research …

Persistent link: https://www.econbiz.de/10014226154

Economic Growth under Transformative AI

Trammell, Philip; Korinek, Anton - National Bureau of Economic Research - 2023

automation, capturing the notion that AI will let capital "self-replicate". This typically speeds up growth and lowers the labor …

Persistent link: https://www.econbiz.de/10014421241

Economic Policy Challenges for the Age of AI

Korinek, Anton - National Bureau of Economic Research - 2024

This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers. I examine how the Age of AI will revolutionize the basic structure of our economies by diminishing the role of labor,...

Persistent link: https://www.econbiz.de/10015072921

Going With the Flows : New Borrowing, Debt Service and the Transmission of Credit Booms

Drehmann, Mathias - 2018

Traditional economic models have had difficulty explaining the non-monotonic real effects of credit booms and, in particular, why they have predictable negative after-effects for up to a decade. We provide a systematic transmission mechanism by focusing on the flows of resources between...

Persistent link: https://www.econbiz.de/10012453167