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Ep. 275 Why the SuperAIs Won’t Steal Our Jobs or Slaughter Us, Part 2

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Bob uses comparative advantage to to argue that human workers will always find a place in the economy, regardless of how productive super-AI systems may become. He then addresses the fear that superAIs will simply rearrange our molecules for building material. Mentioned in the Episode and Other Links of Interest: Part 1 of this series.…

Ep. 274 Why the SuperAIs Won’t Steal Our Jobs or Slaughter Us, Part 1

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Bob uses basic economics to argue that human workers will always find a place in the economy, regardless of how productive super-AI systems may become. Mentioned in the Episode and Other Links of Interest: Bob Murphy Show episode on reparations and AI. Help support the Bob Murphy Show. The audio production for this episode was provided…

Ep. 273 The Austrian Theory of Interest, Current and Future

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For a chapter in Per Bylund’s new collection, Bob explained the pure time preference theory (PTPT) of interest, and then offered suggestions for future work on an Austrian theory of interest. He summarizes his chapter in this episode. Mentioned in the Episode and Other Links of Interest: Per Bylund’s 2022 edited collection. Part 1 and Part 2 and Part 3…

Ep. 271 The Economics of Reparations and the Danger of AI

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Bob first explains his long-held position on the economics of slavery and reparations, and then applies it to the debate over the danger of superintelligent machines. Mentioned in the Episode and Other Links of Interest: Matt Walsh rips on Ryan McMaken and (indirectly) Murphy. Bob Murphy Show episodes on economics of slavery, with Jeffrey Rogers Hummel…