Sir Charles Bean's picture
Affiliation: 
London School of Economics
Credentials: 
MA Cambridge
PhD MIT

Voting history

Artificial Intelligence and the Economy

Question 2: What will be the implications of recent developments in AI on unemployment in high income countries over the upcoming decade?

Answer:
Remain unchanged
Confidence level:
Confident
Comment:
While I do not expect AI to have much effect on the overall level of unemployment, I do expect it to lead to substantial changes in the nature of jobs, with an increase in both job destruction and job creation. And there will be an important role for policy to assist those who find their jobs disappearing retrain and find new jobs.

Question 1: What will be the implications of recent developments in AI on global economic growth, as they mature over the upcoming decade?

Answer:
Increase (to 4-6%)
Confidence level:
Not confident

Causes for Weak Long-Run UK Growth

Question 2: Which of the following policies would do the most to boost UK GDP in the medium term (over the next decade)?

Answer:
Worker retraining
Confidence level:
Confident

Question 1: Which of the following will be the most important constraint on UK potential output in 2023, relative to its pre-2019 trend?

Answer:
Labor force participation
Confidence level:
Confident

Prospects for Euro Area Inflation in 2023

Question 3:  Under its current policy trajectory, with rates peaking at 3.5%, which of the following is most likely?

Answer:
ECB policy interest rates will be too low in 2023.
Confidence level:
Not confident

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