Macroeconomic Implications of Artificial Intelligence (AI)
Presentation/Infographic
Human Capital, Productivity and Inclusiveness: Towards a Whole-of-Economic-Policy Approach to Better Sharing the Benefits of Productivity Growth
Intl Labour Organization (ILO), OECD
Presentation supporting remarks delivered at the annual Global Forum on Productivity hosted by the OECD and French government, 2024.
Presentation/Infographic
AI and Work: Opportunities, challenges and the need for governance
ILO, UN High Level Advisory Body on AI
Presentation supporting opening remarks delivered at special meeting of the United Nations High Level Advisory Body on Artificial Intelligence at ILO headquarters. Elaborates likely labor market and broader macroeconomic implications of artificial intelligence and machine learning.
Blog Post
How can societies ensure that AI’s economic benefits are diffused widely?
My new book proposes a fundamental reformulation of macroeconomics to adapt it to 21st century circumstances, not least the added distributional challenge posed by AI.
Book
Human-Centred Economics: The Living Standards of Nations
Palgrave Macmillan, ILO
This book examines the chronic underperformance of economies with respect to inclusion, sustainability and human and systemic resilience. It proposes a reformulation of macroeconomic theory and policy to explicitly internalize the role of policies and institutions that enable them. Correcting the imbalance of emphasis in modern economic theory and policy between markets and institutions, production and distribution, and national income and household living standards is the single most important step required to transcend 20th century trickle-down “neoliberalism” and replace it with a more human-centred model of economic progress in the 21st century.