When Intelligence Becomes Cheap: The Economic Consequences of Transformative AI

About this session

What happens to the economy when intelligence itself becomes cheap and abundant? The compute powering frontier AI is growing more than fourfold per year, and a distinct "AI economy" is already emerging and expanding at rates that dwarf anything in economic history. Drawing on my recent research, I will present new measurements of this AI economy and explain the feedback loops that could drive an economic take-off. The talk will then explore what this means for the questions every leader should be asking: What happens to jobs and wages when AI can perform most cognitive tasks? Join me for a data-driven tour of the most consequential economic transformation of our lifetimes — and what we can do to steer it toward broadly shared prosperity.