Since returning from this year's World Economic Forum (WEF) meeting in Davos, I have been asked repeatedly for my biggest takeaways. Among the most widely discussed issues this year was artificial intelligence - especially generative AI ("GenAI"). With the recent adoption of large language models (like the one powering ChatGPT), there is much hope - and hype - about what AI could do for productivity and economic growth in the future. To address this question, we must bear in mind that our world is dominated far more by human stupidity than by AI. The proliferation of megathreats - each an…
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