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A simple model of AI-aided economic growth

Photo: Hacker News

What happened

The Solow model has its uses, but it fails when it comes to major changes stemming from AI. Consider instead an economy with (at least) two factors of production: 1. Intelligence. Yes, formal smarts. Playing chess, proving math theorems, and doing well on evals. Don’t forget humans can do those things too, though AIs are […]

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Why it's spreading

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