EU AI Governance Fundamentals
Week 7

Optional readings

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  • Economic growth under transformative AI by Philip Trammell and Anton Korinek (2023) 

    • Read only: 

      • Abstract 

      • Introduction (p. 2-6) 

      • Conclusion (p. 53-55)

    • Industrialised countries have long seen relatively stable growth in output per capita and a stable labour share. AI may be transformative, in the sense that it may break one or both of these stylized facts. This review outlines the ways this may happen by placing several strands of the literature on AI and growth within a common framework.

  • The Impact of AI on the Labour Market by The Tony Blair Institute for Global Change (2024)

    • This report shows how AI could transform the UK labour market.

  • Anton Korinek - AI Insight Forum on Workforce - Final Written Statement by Anton Korinek (2023)

    • In this Senate testimony, Korinek argues that AI's rapid advancement toward cognitive automation creates unprecedented uncertainty about workforce impacts, proposing three scenarios and recommending that Congress establish a commission to study workforce effects across scenarios.

  • Antitrust and Competition Technology Year in Review 2024 | Insights & Resources | Goodwin (2025)

    • This comprehensive review examines the major antitrust enforcement actions against Big Tech companies in 2024, including landmark rulings against Google's search monopoly, ongoing cases against Meta and Amazon, the emergence of AI as a new regulatory frontier, and the implementation of new digital market regulations in the EU and UK.

  • AI Foundation Models Update Paper by Competition & Markets Authority (2024)

    • This report, by the Competition and Markets Authority (the CMA – a UK regulator), lays out the ways in which the Foundation Model sector is increasingly concentrated and sets out underlying principles to ensure fair and open competition that benefits consumers.

  • The Windfall Clause: Distributing the Benefits of AI for the Common Good (O’Keefe et al, 2020) 

    • Read the Executive summary only

    • The Windfall Clause is a proposed policy wherein AI labs would commit to donate a meaningful portion of their profits in excess of some predetermined level, with the goal of ensuring that the benefits from advanced AI are shared broadly across society.