There's a non-zero chance that human labor and intelligence could be surplus to requirements in the mid-to-near future. That would entail a seismic shift in the balance of power and the way societies ...
Artificial intelligence technology is starting to drive profound change for the economy, including in business capital and labor investment decisions. This year, a defining feature of the AI boom is ...
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The economic principle of economies of scale is based on the simple concept that, when it comes to productivity, bigger is generally better – or at least more efficient. The principle is most ...
A Free exchange column expressed some scepticism about whether there could be any such thing as a “labour shortage” (March 15th). This might depend on the interpretation of that term. The consensus in ...
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