PERSON
Bruce Greenwald
American economist at Columbia Business School, Stiglitz's long-time collaborator, and co-author of Creating a Learning Society — whose framework for understanding learning as a public good provides the economic case for the educational transformation the AI transition requires.
Bruce Greenwald is a professor at Columbia Business School, where he has taught value investing, globalization, and macroeconomics for more than three decades. His partnership with Stiglitz has produced two major works — Towards a New Paradigm in Monetary Economics (2003) and Creating a Learning Society (2014) — both of which extend Stiglitz's information-economics framework into domains the standard literature had neglected. The learning-society argument, in particular, provides the economic foundation for the educational interventions the AI transition demands: treating learning as a public good whose returns exceed its costs by orders of magnitude but whose provision the market systematically underfunds because returns are diffuse and long-term while costs are concentrated and immediate.
In The You On AI Field Guide
Creating a Learning Society synthesizes a career's worth of thinking about how economies actually grow. The standard growth theory treats technology as an exogenous input — something that appears from outside the economic system and raises