arXiv AI

A New Theory of Value for Post-AGI Economics

arXiv:2608. 01432v2 Announce Type: replace Abstract: Artificial general intelligence (AGI) may weaken scarcities in labour, expertise, information, and productive capability that underpin established theories of economic value.

arXiv AI
Aug 7

From Economic Agents to Agentic Economies: A Systems Blueprint for Economic World Models

arXiv:2608. 06020v1 Announce Type: new Abstract: Economic World Models (EWMs) are generative economic models that simulate how economies evolve from within by modeling heterogeneous agents, their beliefs and actions, and the market and institutional mechanisms through which their interactions produce aggregate outcomes.

By Jiale Han, Xiang Li, Jing Qian, Wenyuan Gu, Pin Gao, Ye Luo, Hongyuan Zha, Dacheng Tao, Benyou Wang, Lin William Cong