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Will AI deliver – and at what cost?

Author
Steve Keen & Phil Dobbie
Published
Wed 03 Sep 2025
Episode Link
https://shows.acast.com/debunkingeconomics/episodes/will-ai-deliver-and-at-what-cost

We keep hearing about the productivity gains from AI. This week Phil asks Steve about the difference between productivity for a company versus the societal benefits. For example, AI and robots might do a job more efficiently than a human, but it’ll chew up energy in the process, and the human will still be consuming energy as well, unless robots start killing us off. So, this revolution might make some companies more efficient, but as a society as a whole what is the price we are paying? Or is Phil just an old-fashioned laggard?

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