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Egypt's Premier follows up on outcomes of National Dialogue sessions

Egyptian Prime Minister Moustafa Madbouli met with the joint committee tasked with implementing the outcomes and recommendations of the National Dialogue, Extra News reported on Thursday.

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How large language models will transform the economy

Writing is hard and time consuming. Thanks to ChatGPT, it just became easier and faster. Rudimentary chatbots have been writing simple articles, such as sports game summaries, for years. ChatGPT, from artificial intelligence (AI) supernova OpenAI, leaps far beyond this through its search of billions of internet texts and ability to generate passable prose from prompts and questions. It can even simulate software code. But it’s a large language model (LLM), so it’s still not great at math or many other things. It makes funny mistakes. ....

Andrej Karpathy , Joel Mokyr , Sam Altman , Marc Andreessen , Technological Creativity , Economic Progress , Elon Musk , Artificial Intelligence ,

The impact of mechanisation on wages and employment | VOX, CEPR Policy Portal

Fears about the effects of mechanisation on societies are not new; technology has always generated cultural anxiety throughout history. This column considers one of the most significant waves of mechanisation in history – the rise and spread of steam power in 19th century France – to examine the influence of mechanisation on labour outcomes. Rather than cutting jobs and wages, ....

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The impact of institutions on innovation | VOX, CEPR Policy Portal

A large part of the world operates under oligarchic and authoritarian regimes, where access to economic opportunities is not offered to all citizens. This column discusses the impact of such ‘extractive institutions’ in stifling innovation and future economic growth. Using novel hand-collected data, it documents that ‘inclusive institutions’, which promote equal access to ....

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