Marc Bara

Moravec's Paradox and Growth Under Artificial General Intelligence: Regime Switches, Baumol Traps, and the Reversal of the Wage Premium

ABSTRACT This paper introduces Moravec's Paradox into a task‐based model of growth driven by artificial general intelligence. When physical‐task automation costs are orders of magnitude larger than cognitive‐task costs, the economy traverses a Moravec plateau during which cogniti...