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Artificial Intelligence (AI)

What new AI might do to labor markets

MUNCIE, Ind. — Artificial intelligence, or AI, is back in the news with the rapid adoption of a technology called ChatGPT. This is interesting, as I will shortly describe, but the economic effects are perhaps not that much different than earlier technologies, like the wheel, plowshare, harness, electricity or computers. So, it is good to ...
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