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Economics of AI

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Economics of AI

Market Concentration Implications of Foundation Models

September 2023
Working Paper
Jai Vipra and Anton Korinek

We analyse the structure of the market for foundation models, i.e., large AI models such as those that power ChatGPT and that are adaptable to downstream uses, and we examine the implications for competition policy and regulation.

Economics of AI

Preparing for the (Non-Existent?) Future of Work

August 2022
Journal Article
Anton Korinek

This Brookings working paper presents an analysis of how institutions could be set up to prepare for a scenario of increasingly smart autonomous machines which could replace human labor and...

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