
Summary of The future of economics in an AI-biased world
- Sooner or later, AI-economist machines will replace human economists in many areas.
- Unsupervised or reinforcement learning algorithms that can brute force the infinite set of relations and variables will revolutionise economics.
- AI bias in economic policymaking can be reduced but will be unavoidable.
- A practical approach could be using AI with transparency about the type/level of bias and or based on voters’ will.