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Books & Chapters
The Economics of Transformative AI
The Economics of Transformative AI
Ajay K. Agrawal
,
Anton Korinek
&
Erik Brynjolfsson
, editors
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These are preliminary drafts and may not have been subjected to the formal review process of the NBER. This page will be updated as the book is revised.
CONFERENCE HELD
September 18-19, 2025
PUBLISHER
: University of Chicago Press
Supported by the Alfred P. Sloan Foundation grant #G-2023-19618
Table of Contents
Introduction to "The Economics of Transformative AI"
Author(s):
Ajay K. Agrawal
,
Anton Korinek
&
Erik Brynjolfsson
Chapter 1:
Genius on Demand: The Value of Transformative Artificial Intelligence
Author(s):
Ajay Agrawal
,
Joshua S. Gans
&
Avi Goldfarb
Comment
-
Luis Garicano
Chapter 2:
Artificial Intelligence in Research and Development
Author(s):
Benjamin Jones
Comment
-
Bronwyn H. Hall
Chapter 3:
Artificial Intelligence, Competition, and Welfare
Author(s):
Susan Athey
&
Fiona Scott Morton
Comment
-
Catherine Tucker
Chapter 4:
AI’s Use of Knowledge in Society
Author(s):
Erik Brynjolfsson
&
Zoe Hitzig
Comment
-
Avi Goldfarb
Chapter 5:
An Economy of AI Agents
Author(s):
Gillian Hadfield
&
Andrew Koh
Comment
-
Kevin A. Bryan
Chapter 6:
Making AI Count: The Next Measurement Frontier
Author(s):
Diane Coyle
&
John Lourenze Salan Poquiz
Comment
-
Carol A. Corrado
Chapter 7:
The Coasean Singularity? Demand, Supply, and Market Design with AI Agents
Author(s):
Peyman Shahidi
,
Gili Rusak
,
Benjamin S. Manning
,
Andrey Fradkin
&
John J. Horton
Comment
-
David M. Rothschild
Chapter 8:
How Much Should We Spend to Reduce AI's Existential Risk?
Author(s):
Charles I. Jones
Comment
-
Judith A. Chevalier
Chapter 9:
AI Exposure and the Adaptive Capacity of American Workers
Author(s):
Sam J. Manning
&
Tomas Aguirre
Comment
-
Dimitris Papanikolaou
Chapter 10:
We Won't Be Missed: Work and Growth in the Era of AGI
Author(s):
Pascual Restrepo
Comment
-
Neil Thompson
Chapter 11:
The Impact of AI and Digital Platforms on the Information Ecosystem
Author(s):
Joseph E. Stiglitz
&
Maxim Ventura-Bolet
Comment
-
Wei Li
Chapter 12:
What Is There to Fear in a Post AGI World
Author(s):
Betsey Stevenson
Comment
-
Ioana Marinescu
Chapter 13:
Science in the Age of Algorithms
Author(s):
Sendhil Mullainathan
&
Ashesh Rambachan
Comment
-
John McHale
Chapter 14:
Public Finance in the Age of AI: A Primer
Author(s):
Anton Korinek
&
Lee Lockwood
Comment
-
Matthew C. Weinzierl
Chapter 15:
Algorithms as A Vehicle to Reflective Equilibrium: Behavioral Economics 2.0
Author(s):
Jens Ludwig
,
Sendhil Mullainathan
,
Sophia L. Pink
&
Ashesh Rambanchan
Comment
-
Abhishek Nagaraj
Chapter 16:
Transformative AI and Firms
Author(s):
Aaron Chatterji
,
Daniel Rock
&
Eduard Talamas
Comment
-
Toby Stuart
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