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  2. AI will help lower prices, but could be used by authoritarian ...

    www.aol.com/finance/ai-help-lower-prices-could...

    "The price of many goods will eventually fall dramatically (right now, the cost of intelligence and the cost of energy constrain a lot of things), and the price of luxury goods and a few ...

  3. Markets have overestimated AI-driven productivity gains, says ...

    www.aol.com/finance/markets-overestimated-ai...

    My own research shows that the effect of the suite of AI technologies is more likely to be in the range of about 0.5%-0.6% increase in U.S. TFP and about 1% increase in US GDP within 10 years ...

  4. A UN Report on AI and human rights highlights dangers of the ...

    www.aol.com/finance/un-report-ai-human-rights...

    The report also asserts that generative AI is both altering the current scope of existing human rights risks associated with digital technologies (including earlier forms of AI) and has unique ...

  5. Artificial scarcity - Wikipedia

    en.wikipedia.org/wiki/Artificial_scarcity

    Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing.The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace.

  6. AI effect - Wikipedia

    en.wikipedia.org/wiki/AI_effect

    The AI effect is the discounting of the behavior of an artificial-intelligence program as not "real" intelligence. [1]The author Pamela McCorduck writes: "It's part of the history of the field of artificial intelligence that every time somebody figured out how to make a computer do something—play good checkers, solve simple but relatively informal problems—there was a chorus of critics to ...

  7. Consumer protection - Wikipedia

    en.wikipedia.org/wiki/Consumer_protection

    Consumer interests can also serve consumers, consistent with economic efficiency, but this topic is treated in competition law. Consumer protection can also be asserted via non-government organizations and individuals as consumer activism. Efforts made for the protection of consumer's rights and interests are: The right to satisfaction of basic ...

  8. Authoritarian capitalism - Wikipedia

    en.wikipedia.org/wiki/Authoritarian_capitalism

    Authoritarian capitalism, [1] or illiberal capitalism, [2] is an economic system in which a capitalist market economy exists alongside an authoritarian government.Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent ...

  9. ‘Copper is the new oil,’ and prices could soar 50% as AI ...

    www.aol.com/finance/copper-oil-prices-could-soar...

    ‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says Jason Ma May 19, 2024 at 12:39 PM