Fiona Scott Morton

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Economist and Theodore Nierenberg Professor of Economics at Yale School of Management.

Speaks on: AI AI Policy AI Regulation Competition Economics

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The first company or companies to develop AGI could gain control over a majority of economic activity
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The point of the piece I wrote with Susan Athey is, what if the AI is owned by somebody who has market power and is a monopolist? Then people’s wages are trending towards zero, but the goods are still expensive. That’s a world that’s really terrible ...
more AI Verified source (Jan 26, 2026)

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