The US adopts a minimal regulation strategy for AI and social safety nets, betting on market dynamism to lead future economic growth amid uncertainty.
The United States: The High-Variance Bet
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Economics
69 posts
Canada: The Proof It Didn’t Keep
During 2020, Canada delivered near-universal basic income via CERB, proving it can be done at scale—though political and fiscal hurdles remain.
The United Kingdom: The Pragmatist’s Hedge
Analysis of the UK’s post-Brexit welfare, labor, and AI policies, highlighting the country’s pragmatic, moderate strategy amid economic shifts.
The Nordics: Protect the Worker, Not the Job
Exploring how Nordic countries prioritize worker security over job preservation, fostering innovation and social resilience amid automation.
The European Union: Rules First, Cushion Always
The EU prioritizes regulation and social protections over ownership models in shaping its future economy, with key policies like the AI Act and social safety reforms.
The bottom rung. The danger isn’t the lost jobs. It’s the layer that made the seniors.
Entry-level job postings in the US are down sharply, but the deeper concern is the loss of the apprenticeship layer that trains future senior workers, raising long-term risks.
Five Levers, Many Hands
Exploring how different countries respond to AI-driven labor shifts using five key tools, highlighting global variation and ongoing uncertainty.
The labor share. Is value really moving from labor to capital? The data isn’t on anyone’s side yet.
Examining whether AI is shifting economic value from labor to capital, with current data showing stability at the aggregate level but signs of displacement at the margins.
The stake. Why the answer to automation is broad-based ownership, not a bigger transfer.
Analysis of how expanding capital ownership, not redistribution, addresses AI-driven value shifts from labor to capital, offering a market-friendly solution.
The policy menu. There’s no single answer. There’s a menu — and choosing is a values choice in disguise.
Analyzing the diverse policy options for managing AI-driven economic shifts, emphasizing values over technical solutions and highlighting ongoing uncertainties.
