Joseph Stiglitz
Economist and University Professor, Columbia University
Signed the letter · Academia · United States
University Professor at Columbia University. Co-recipient of the 2001 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, with George Akerlof and Michael Spence, for analyses of markets with asymmetric information; recipient of the John Bates Clark Medal in 1979. Chair of the U.S. Council of Economic Advisers (1995–1997) and chief economist and senior vice president of the World Bank (1997–2000). Author of work on technology and inequality, including 'Technological Progress, Artificial Intelligence, and Inclusive Growth' and 'Artificial Intelligence, Globalization, and Strategies for Economic Development'. Signed the wemustactnow.ai open letter.
AI-written Documented facts only, from the sources below.
18 works in the co-authorship map · 13,650 citations across them
Sources
In the network
4 co-authors on the map · PageRank #40 of 400 · bridge #83 of 400 · 2 steps from Erik Brynjolfsson · cluster: AI safety and governance.
Measured on this map only, which grows out of the letter's signatories; what these numbers mean. See Joseph Stiglitz on the map
Documented positions
Will AI actually boost productivity and growth? it's complicated
Treats AI's productivity gains as a potential that depends on policy, saying that with the right policies higher productivity and less inequality are both possible, while stressing that the objective is well-being rather than measured GDP.
Evidence
- “With the right policies, we could have higher productivity and less inequality, and everybody would be better off.” — source
- Technological Progress, Artificial Intelligence, and Inclusive Growth
Will AI destroy more jobs than it creates? agrees
Has stated that AI will replace people in more routine jobs and that, in his judgment, more jobs will be lost than created; his research describes AI as largely labor-saving.
Evidence
- “There will be jobs created, but my judgment is that there will be more jobs lost.” — source
- Artificial Intelligence, Globalization, and Strategies for Economic Development
Will AI widen inequality? agrees
His AI papers identify inequality as a main challenge of worker-replacing technological progress and set out domestic and international policies to mitigate the adverse distributional effects.
Evidence
Should governments act on AI now? agrees
Argues AI's direction cannot be left to the market and that government regulation may be needed, and his recent work proposes deliberately steering innovation toward labor-complementing technologies.
Evidence
- “One can’t just leave it to the market.” — source
- “We may have to use government regulation because of the weakness of the bargaining power of workers” — source
- Steering Technological Progress
How fast will the impact arrive? unknown
No documented evidence reviewed yet.
Selected work
- Technological Progress, Artificial Intelligence, and Inclusive Growth
- Artificial Intelligence, Globalization, and Strategies for Economic Development
- Steering Technological Progress
Writes with
Anton Korinek (7), Amartya Sen (3), Nicholas Stern (3), Christopher A. Pissarides (1)
Co-authors on the map, by papers written together (4 of 4 shown).
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