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Lars Christensen on AI and its Impact on Monetary Policy and the Broader Field of Economics
Manage episode 422775362 series 3563504
محتوای ارائه شده توسط David Beckworth and Mercatus Center at George Mason University. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط David Beckworth and Mercatus Center at George Mason University یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Lars Christensen is a founding member of the market monetarist tradition, an entrepreneur in the AI space, and is also a returning guest to Macro Musings. Lars rejoins the podcast to talk about AI and its implications for the economy and for monetary policy. David and Lars also discuss the basics and implications of dynamic pricing, AI’s growing use within econometric analysis, how AI will impact the Fed and its policymaking, and much more.
Transcript for this week’s episode.
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Related Links:
*From Merchants to Quants: The Digital Revolution in Retail* by Lars Christensen
*Less Than Zero: The Case for a Falling Price Level in a Growing Economy* by George Selgin
Timestamps:
(00:00:00) – Intro
(00:01:16) – Lars’s Move from Macro to AI
(00:08:02) – The Basics and Implications of Dynamic Pricing
(00:16:17) – Using AI for Econometric Analysis
(00:23:54) – The Implications of AI for the Economics Field
(00:35:45) – How Will AI Impact the Federal Reserve and its Policymaking
(00:38:55) – Deflation as a Response to an AI Driven Productivity Shock
(00:52:08) – Outro
Photo Credit: Nordnet Bank
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