MIT Economist Warns AI Is Poised to Turn Economy Into "Mad Max" Scenario
MIT economist David Autor is warning that AI could create a "Mad Max" scenario, in which the job market becomes dominated by cheap and commoditized labor. Autor made his grim prediction during an interview on the "Possible" podcast, hosted by LinkedIn cofounder Reid Hoffman and his chief of staff Aria Finger. When asked whether he thought society is headed towards a "Wall-E" scenario — where "people sit around on hovercraft armchairs watching holographic TV" — or much grimmer alternative, Auto