The Slow Motion Tidal Wave Consuming Our Economy
https://www.nytimes.com/2023/03/27/opinion/economy-economic-models-climate-change-demographics-deglobalization-ai.html
https://www.nytimes.com/2023/03/27/opinion/economy-economic-models-climate-change-demographics-deglobalization-ai.html
Richard Bookstaber:
There’s weirdness yet to come, and a lot more than run-of-the-mill weirdness. We are entering a new epoch of crisis, a slow-motion tidal wave of risks that will wash over our economy in the next decades — namely climate change, demographics, deglobalization and artificial intelligence. Their effects will range somewhere between economic regime shift and existential threat to civilization. The risks to the economy, to the stability of our society and to civilization are enormous if we don’t get the economic models right for what’s coming.
There’s weirdness yet to come, and a lot more than run-of-the-mill weirdness. We are entering a new epoch of crisis, a slow-motion tidal wave of risks that will wash over our economy in the next decades — namely climate change, demographics, deglobalization and artificial intelligence. Their effects will range somewhere between economic regime shift and existential threat to civilization. The risks to the economy, to the stability of our society and to civilization are enormous if we don’t get the economic models right for what’s coming.
Will the ‘Great Moderation’ Give Way to the ‘Great Volatility’? By VIVEKANAND JAYAKUMAR (SPRING 2023)
https://www.ut.edu/uploadedFiles/Academics/Business/TBESpring2023_Final.pdf
https://www.ut.edu/uploadedFiles/Academics/Business/TBESpring2023_Final.pdf
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