Central Economics and Mathematics Institute

Managing the Transition to an Economy of Freely Chosen Activity under Pervasive General-Purpose Robotic Automation: A Mathematical and Agent-Based Policy Model with a Critical Review of the Literature

We develop a national-level decision-support framework for managing a long-run transition to an economy in which artificial intelligence and inexpensive general-purpose robots can perform a substantial share of cognitive and physical tasks. The framework does not forecast the tec...