Knowledge Collapse Economics: The Hidden Cost of Outsourcing Cognition to AI

Key Points

• The study explores the economic implications of outsourcing cognitive functions to AI and its potential risks.
• Analysis of economic models related to cognition and AI
• Qualitative assessment of decision-making impacts
• Review of case studies on AI usage in business contexts
• Outsourcing cognition leads to increased intellectual dependency on AI
• Economic models show potential for knowledge collapse
• Decision-making quality diminishes with heavy reliance on AI systems

Abstract