Over at the MIT Sloan Management Review, H. James Wilson, Paul R. Daugherty, and Nicola Morini-Bianzino strike an optimistic note as they respond to the “distressing picture” created by “the threat that automation will eliminate a broad swath of jobs across the world economy [for] as artificial intelligence (AI) systems become ever more sophisticated, another wave ofContinue reading “Will Artificial Intelligence Create More Jobs Than It Eliminates? Maybe”
Tag Archives: economics
Robert Mundell On Why The Market Is Feminine
Robert Mundell received the Nobel Prize in Economics in 1999 for his work in “monetary dynamics and optimum currency areas.” (He is currently professor of economics at Columbia University.) For as long as I can remember, I’ve owned a copy of his little primer, Man and Economics (McGraw-Hill, 1968; another edition bears the subtitle The ScienceContinue reading “Robert Mundell On Why The Market Is Feminine”
Is Economics a Science?
Eric Maskin, 2007 Nobel Prize winner in Economics, responds to Alex Rosenberg and Tyler Curtain’s characterization of economics: They claim that a scientific discipline is to be judged primarily on its predictions, and on that basis, they suggest, economics doesn’t qualify as a science. Prediction is certainly a valuable goal in science, but not theContinue reading “Is Economics a Science?”