Anton Korinek joins the podcast to discuss the effects of automation on wages and labor, how we measure the complexity of tasks, the economics of an intelligence explosion, and the market structure of the AI industry. Learn more about Anton's work at https://www.korinek.com  

Timestamps: 

00:00 Automation and wages 

14:32 Complexity for people and machines 

20:31 Moravec's paradox 

26:15 Can people switch careers?  

30:57 Intelligence explosion economics 

44:08 The lump of labor fallacy  

51:40 An industry for nostalgia?  

57:16 Universal basic income  

01:09:28 Market structure in AI

Anton Korinek on Automating Work and the Economics of an Intelligence Explosion

The Future of Life Institute (FLI) is a nonprofit working to reduce global catastrophic and existential risk from powerful technologies. In particular, FLI focuses on risks from artificial intelligence (AI), biotechnology, nuclear weapons and climate change. The Institute's work is made up of three main strands: grantmaking for risk reduction, educational outreach, and advocacy within the United Nations, US government and European Union institutions. FLI has become one of the world's leading voices on the governance of AI having created one of the earliest and most influential sets of governance principles: the Asilomar AI Principles.