AI and the future of the brain power society: When the descendants of Athena and Prometheus work together
Review of International Economics
Published online on September 26, 2017
Abstract
Taking the great opportunity of visiting Crete, I have presented my freewheeling imagination about the future of the brain power society, bearing in mind the recent development of AI and robots. Based on Greek mythology, I consider that all brain‐power professionals in civil society are the descendants of Athena, whereas the rapidly developing AI and robots are the ultimate descendants of Prometheus. In this context, in order to foresee the possible future of economic research in the coming AI revolution, I introduced the recent attempt by Marcus Berliant and myself to develop a formal framework for modeling the operational process of economic research. Then, I have suggested that if real humans and AI work together through such a framework while amplifying mutual comparative advantages, creativity in economic research as a whole will be vastly enhanced.