ForeCast

Will Automation Cause Runaway Inequality? (with Phil Trammell)

1:23:09

Phil Trammell is an economics postdoc at Stanford University's Digital Economy Lab, working on questions related to economic growth and AI. He discusses:

Why Piketty's thesis about runaway inequality was likely wrong about the past but right about the future

How full automation turns capital and labour into gross substitutes

Why catch-up growth between rich and poor countries could end

How…