The article argues that artificial intelligence (AI) should be viewed as a standard technology rather than as an extraordinary phenomenon. It highlights the slow pace of AI adoption compared to innovation and suggests that historical lessons from previous technological transitions can inform sensible policies for managing AI's integration into society.
The article explores the intersection of economics and artificial intelligence, discussing how AI is poised to transform various sectors by enhancing productivity and efficiency. It highlights the potential economic impacts and the necessity for adaptive policies that can manage the changes brought about by AI technologies.