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AI Can Improve Economic Policy, but Human Judgment Remains Essential
The AI debate, which economists have been having for years in various contexts, has come for the profession itself. Jason Furman, chair of the Council of Economic Advisers under President Barack Obama and now a professor at Harvard, recently said that if he were running the CEA today, he would “somewhat regretfully and sadly” use current AI systems instead of hiring 20 actual human economists…
