Upset and upheaval: AI promises to revolutionise the global economy

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  The Economist. Hello this is Alok Jha,

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  host of Babbage, our weekly podcast on science and technology.

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  Welcome to Editor's Picks.

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  We've chosen an unmissable article from the latest edition of The Economist.

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  Please do have a listen.

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  For most of history, the safest prediction has been that things will continue much as they are.

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  But sometimes the future is unrecognisable.

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  The tech bosses of Silicon Valley say humanity is approaching such a moment,

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  because in just a few years,

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  artificial intelligence, AI, will be better than the average human being at all cognitive tasks.

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  You do not need to put high odds on them being right to see that their claim needs thinking through.

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  Worried to come true,

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  the consequences would be as great as anything in the history of the world economy.

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  Since the breakthroughs of almost a decade ago,

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  AI's powers have repeatedly and spectacularly outrun predictions.

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  This year,

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  large language models from OpenAI and Google DeepMind got to gold in the International Mathematical Olympiad 18 years sooner than experts had predicted in 2021.

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  The models grow ever larger, propelled by an arms race between tech firms,

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  which expect the winner to take everything.

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  and between China and America, which fear systemic defeat if they come second.

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