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Fundacja Dobre Państwo
Fundacja Dobre Państwo

Posted on • Originally published at dobrepanstwo.org

The Architecture of Progress: How AI and Ideas Will Transform the Economy

This article provides a thorough analysis of the transformation of the contemporary economy under the influence of artificial intelligence and new paradigms of thought. The authors guide the reader through the history of economic thought, from Malthusian stagnation to Paul Romer's revolutionary concept of endogenous growth. The text critically assesses the traditional GDP indicator, pointing to the need to implement 'Beyond GDP' measures that better capture real social well-being. Key issues are addressed, such as the Industrial Enlightenment, the paradox of the price of light, and the redistribution dilemmas of Okun's Great Compromise. The work sheds new light on barriers to innovation, including anachronistic patent systems and the phenomenon of rent-seeking, proposing a new architecture of progress based on immaterial ideas and technology.

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