The Future of the Economy - Technology Evolution and AI Impact

Explore the future of the economy through the lens of evolutionary biology in this thought-provoking podcast episode featuring W. Brian Arthur, External Professor at the Santa Fe Institute. Delve into how viewing the economy as an evolving, out-of-equilibrium system changes our perspective on economic futures. Examine the parallels between technology and life, investigating how tools evolve through recombination and building upon previous innovations. Discover how interdisciplinary approaches and data-driven methods are shaping a unified economic theory that can help design human systems capable of adapting to rapid global changes. Learn about the potential impacts of artificial intelligence on labor markets and financial systems, and consider new narratives that place economic development within the broader context of physical and biological laws. Gain insights into the future of economics and technology from a renowned expert in complexity economics and technological change.