Will the labor share collapse after AGI? Alex Imas and Phil Trammell tell Dwarkesh Patel the honest answer is that nobody has measured the number it turns on: h
Economists Alex Imas and Phil Trammell discussed the potential collapse of the labor share post-AGI with Dwarkesh Patel. They argue that the critical missing data point is how much people will pay to retain human involvement in processes. Imas suggests a focused effort to gather this economic data is more crucial than refining predictions. AI
IMPACT Discusses the potential economic consequences of AGI on labor markets, prompting consideration for future AI deployment strategies.