Artificial intelligence is being designed and deployed by corporate America in ways that will disempower and displace workers and degrade the consumer experience, ultimately disappointing most investors. Yet economic history shows that it does not have to be this way.
worry that the technology will be deployed to replace, rather than empower, humans.
Amid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.
urge policymakers to pursue interventions aimed at reducing supply constraints in the non-tradable sector.
华盛顿—国际货币基金组织(IMF)绝大部分成员国同意改革方案已经过去了四年。这套方案将让IMF的资源扩大一倍,并以有利于发展中国家的方式重新组织其治理结构。但事实改革需要IMF成员国的批准;而尽管美国也投票支持改革措施,但总统奥巴马一直无法确保国会通过。现在,应该考虑换别的办法推进改革了。
美国的迟迟不作为反映了IMF的一个巨大退步。它正在进行决策过程的重组,以更好地反映发展中国家日益增加的重要性和活力。此外,改革问题悬而未决迫使IMF基本只能依靠成员国贷款而非新措施所要求的永久性资源。这些贷款原本只是改革实施前的过渡手段,每六个月就必须重新确认一次。
我们认为,最好的前进方式是将改革需要美国国会批准的部分与其他部分脱钩。只有一个重要要素——将执委会(Executive Board)改革委完全选举制的决定——需要IMF修订其章程,因而也需要国会批准。
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