How quickly should we adopt AI?

In March 2023, many experts supported an open letter that called for a six-month pause in giant AI experiments, and that development of these AIs should go ahead “only once we are confident that their effects will be positive, and their risks will be manageable”. In the second of our podcasts recorded at the 79th EP Panel, Tim Phillips asks Joshua Gans of the University of Toronto what might happen if we did pause AI adoption, and whether we should instead accelerate adoption of AI so that we can more quickly learn about its benefits and harms, and design better regulation as a result.