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Stanford Graduate School of BusinessStanford Graduate School of Business

“AI and Our Economic Future” with Professor Chad Jones

Economic growth is shifting rapidly as new technology emerges. Electricity, semiconductors, and the internet have been transformative, dramatically increasing living standards worldwide.

May 21, 20261h 0mWatch on YouTube

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Episode Details

EPISODE INFO

Released
May 21, 2026
Duration
1h 0m
Channel
Stanford Graduate School of Business
Watch on YouTube
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EPISODE DESCRIPTION

Economic growth is shifting rapidly as new technology emerges. Electricity, semiconductors, and the internet have been transformative, dramatically increasing living standards worldwide. Artificial intelligence, in some sense, is simply the latest of these general-purpose technologies. However, the case can be made that this time is different. Automating intelligence itself arguably has broader effects than electricity or semiconductors. What if machines — AI for cognitive tasks and AI plus advanced robots for physical tasks — can perform every task a human can, but more cheaply? What does economics have to say about the future of AI, and what might our economic future look like? Professor Charles “Chad” Jones explores the transformative impact of artificial intelligence on our economic future. Recorded during GSB Spring Reunions, May 1, 2026.

EPISODE SUMMARY

In this episode of Stanford Graduate School of Business, “AI and Our Economic Future” with Professor Chad Jones explores Weak links may slow AI growth yet hasten major risks Professor Chad Jones presents two extreme futures for AI—rapid explosive growth versus “business as usual”—and argues reality likely lies between them.

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