Gerry Tsoukalas

Economists Gerry Tsoukalas and Brett Falk of The Wharton School warn that AI could trigger a wave of layoffs that erodes consumer spending, creating a self-destructive trap for companies. In a researc…

A new paper titled "The AI Layoff Trap" by Brett Hemenway Falk and Gerry Tsoukalas argues that universal basic income cannot solve the problem of AI-driven mass layoffs, instead proposing a Pigouvian …