Google DeepMind to study how economies function after AGI with new chief economist post

In a significant move, Google DeepMind is creating a pivotal research position that underscores its commitment to understanding the economic implications of artificial general intelligence (AGI). The tech giant is on the lookout for a Chief AGI Economist based in London, who will spearhead investigations into how economies might operate in a future dramatically influenced by advanced AI technologies. This initiative reflects a broader trend among leading AI research institutions, which are increasingly considering not only the development of more sophisticated AI systems but also the societal and economic adjustments that will be necessary when these systems become mainstream. The job listing emphasizes that the new economist will play a crucial role in examining the profound economic shifts expected with the advent of AGI and artificial superintelligence (ASI). The responsibilities of this role extend beyond immediate productivity improvements, delving into what the posting terms as 'post-AGI economics,' which includes discussions on scarcity and the distribution of power and resources. With AGI on the horizon, DeepMind acknowledges that it will bring about significant transformations, particularly in the economic landscape. The Chief AGI Economist will be tasked with establishing a comprehensive research framework that focuses on the long-term evolution of economic systems in light of AGI. Their work is expected to inform DeepMind's strategic direction and contribute to global discussions about fostering a fair and thriving future alongside AGI technologies. A key aspect of this position involves designing and implementing economic simulations, including agent-based models, to analyze various scenarios that may emerge in a post-AGI world. This research aims to challenge existing beliefs surrounding scarcity, wealth, and resource distribution, indicating a readiness to reassess fundamental economic principles. DeepMind envisions the ideal candidate as a forward-thinking economist with extensive knowledge in the field, as well as a passion for exploring the societal ramifications of technology. A PhD in economics or relevant experience is preferred, alongside skills in economic modeling, institutional economics, or forecasting. Experience collaborating with policymakers and interdisciplinary teams would be an asset. This new role follows a recent call for a senior AI economist, highlighting DeepMind's proactive approach to addressing the complex economic questions that will arise in the wake of AGI's emergence.