Reposted by Benjamin Braun
NYT clanker Keynes is fun to watch but unconvincing. Keynes thought he had two great insights:(1)declining marginal propensity to consume implies a demand shortfall w/o investment;(2)can't count on investment b/c it's based on vibes and vibes about vibes. This is where he'd have started with AI.
nytimes.com
Opinion | What Would John Maynard Keynes Say About A.I.? The Keynes Bot Told Us. (Gift Article)
Nearly a century ago, Keynes predicted that technology would liberate us from work. To imagine what he would think of artificial intelligence today, a Princeton economist used A.I.