Claims: How Might Fiscal Policy Respond to the Rise of Artificial Intelligence? -- by Karen Dynan, Douglas Elmendorf, Louise Sheiner

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1. title: How Might Fiscal Policy Respond to the Rise of Artificial Intelligence? -- by Karen Dynan, Douglas Elmendorf, Louise Sheiner (alleges; supported) Source
2. url: https://www.nber.org/papers/w35437#fromrss (alleges; supported) Source
3. summary: Artificial intelligence will probably generate major changes in the US economy, although the nature, timing, and magnitude of those changes are highly uncertain. We analyze a set of long-term scenarios involving different combinations of faster productivity growth, greater income inequality, job displacement, and a higher capital share of income. For each scenario, we assess the implications for federal debt and potential policy responses related to faster economic growth, the distribution of in… (alleges; supported) Source