We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of statistics--including robotics shipments, AI startups, and patent counts--there is evidence of a large increase in AI-related activity. We also review recent research in this...

America faces large budget deficits and a near-record low rate of net national savings at the same time that tens of millions of families are approaching retirement with little or no financial cushion for their retirement. Some proposed solutions, like carving private accounts out of Social...