Nobel laureate Simon Johnson on the AI race and China’s ‘over-automation’ problem
A former chief economist of the International Monetary Fund (IMF), he won a joint Nobel Prize for economics in 2024 for his research into how institutions shape national prosperity. Will the impact be positive or negative for human workers?It is obviously very early in the process, so we do not know for sure yet. These sorts of tasks are definitely in the line of fire.For example, as long as people have money to invest, then you are going to need some people in any banking organisation to manage those relationships.
- ▪A former chief economist of the International Monetary Fund (IMF), he won a joint Nobel Prize for economics in 2024 for his research into how institutions shape national prosperity.
- ▪Will the impact be positive or negative for human workers?It is obviously very early in the process, so we do not know for sure yet.
- ▪These sorts of tasks are definitely in the line of fire.For example, as long as people have money to invest, then you are going to need some people in any banking organisation to manage those relationships.
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