Tyler Cowen

In a world with strong AI, there's a kind of moral nervousness that sets in.

So I'm much more likely to tell people, like, hey, you'd better fasten your seatbelt.

Like, you don't want to miss out on what's coming, how many years you might live.

So one of the fears I hear most often is that strong AI or AGI is just going to put everyone out of work.

I have a much more optimistic view than that, and I think most economists do.

And one way to think about it is just to realize AI creates many, many jobs, even though it will take away some jobs.

So one of the neatest properties of current AI models is they allow a small number of individuals working with AI to really do a lot more work than was possible previously.

So this will mean more companies, more projects, more nonprofits, just more ventures, more attempts to entertain people, and all the new things that will be done by humans working with AI will create jobs.

So I think the view both Alex and I hold is that assuming our government does not mess up other policy matters, but we think we can basically keep full employment for the indefinite future.

Just a few areas where I think AI will create or already is creating a lot of new jobs.

One area is generally energy, electricity, the grid.

Alex himself has written a lot on the United States electrical grid.

It's completely screwed up.

It will take 20 years, 30 years, 40 years to fix.

I'm not sure it will ever fix it.

The AIs cannot do that on their own.

That's a good deal of jobs right there.

The biomedical sector and medical trials, there will be many, many, many more ideas to test.

AIs will help with the testing, but I don't think pure testing by simulation will be possible anytime soon.

And in any case, the law requires testing on actual humans.