TY - JOUR AU - Goolsbee, Austan TI - Public Policy in an AI Economy JF - National Bureau of Economic Research Working Paper Series VL - No. 24653 PY - 2018 Y2 - May 2018 DO - 10.3386/w24653 UR - http://www.nber.org/papers/w24653 L1 - http://www.nber.org/papers/w24653.pdf N1 - Author contact info: Austan Goolsbee Booth School of Business University of Chicago 5807 S. Woodlawn Avenue Chicago, IL 60637 Tel: 773/702-5869 Fax: 773/702-0458 E-Mail: goolsbee@chicagobooth.edu M1 - published as Austan Goolsbee. "Public Policy in an AI Economy," in Ajay Agrawal, Joshua Gans, and Avi Goldfarb, editors, "The Economics of Artificial Intelligence: An Agenda" University of Chicago Press (2019) M3 - presented at "Economics of Artificial Intelligence", September 13-14, 2017 AB - This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed of adoption of the technology for the impact on the job market and the implications for inequality across people and across places. It also discusses the challenges of enacting a Universal Basic Income as a response to widespread AI adoption, discuss pricing, privacy and competition policy the question of whether AI could improve policy making itself. ER -