Wednesday Jan 08, 2025
Ireland’s Economic Balancing Act and AI’s Role in Decision-Making
Explore Ireland's economic landscape as it balances robust growth with underlying vulnerabilities, and delve into the groundbreaking role of AI in economic rationality. Discover how skilled immigrants drive U.S. innovation and the significant impact of pension income on the economy. This episode offers a comprehensive look at the intricate dynamics shaping global and national economies today.
Sources:
https://www.rte.ie/news/business/2025/0106/1489393-economy-analysis/
https://cepr.org/voxeu/columns/emergence-economic-rationality-gpt
https://www.aei.org/economics/more-skilled-immigrants-for-more-economic-growth/
https://www.planadviser.com/pension-income-accounted-1-5t-us-economic-output-2022/
Outline:
(00:00:00) Introduction
(00:00:36) Economy looks good but problems lurk beneath
(00:03:15) The emergence of economic rationality of GPT
(00:06:20) More Skilled Immigrants for More Economic Growth
(00:10:21) Pension Income Accounted for $1.5T of US Economic Output in 2022