Introducing The Digitalist Papers Volume 2
The new essays turn to the economics of transformative AI—technology that could usher in economic change comparable to the Industrial Revolution but with far greater speed and scope.
What would the Federalist Papers say if they were written in the 21st Century?
Inspired by the Federalist Papers, The Digitalist Papers series bridges domains and disciplines by assembling experts from multiple fields—including economics, law, technology, management, and political science—alongside industry and civil society leaders.
“We remain optimistic that humanity is not converging rapidly to the end of labor scarcity, but we recognize that a risky technological and economic transition is already underway—one with vast upside benefits and vast downside risks that will land unevenly on individuals, demographic groups, nations, and generations.”
David Autor and Neil Thompson
“Beyond Job Displacement: How AI Could Reshape the Value of Human Expertise”
“Managing the speed of AI adoption so that people can adapt, rather than be discarded, is a way of saying that we still see one another as partners rather than inputs to be swapped out.”
Betsey Stevenson
“What’s There to Fear in a World with Transformative AI? With the Right Policy, Nothing.”
“The time to act is now, before disruption forces reactive, suboptimal responses. The policies we’ve outlined—expanded consumption taxation, careful taxation of AI services at the point of consumption, taxation of fixed factors, and eventual harvesting of AI capital—provide a roadmap.”
Anton Korinek and Lee Lockwood
“Preserving Fiscal Stability in the Age of Transformative AI”
“Economics as a discipline now has vast new intellectual opportunities. Beyond asking what the unemployment rate from AI might be in five years, or whether some part of the stock market will burst in three years, there are bigger, longer-term questions about how we want to reorganize our societies over the next fifty years, and the next hundred.”
Gabriel Unger
“Economic Possibilities for Artificial Intelligence”
Many ways to experience
our second volume
Read essays online, on your smart device, or in paperback or hardcover.
