Tyler Cowen
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Does AI assistance enhance or erode expertise?
From a new NBER working paper: Whether AI assistance builds or erodes professional expertise is unsettled.
A simple model of AI-aided economic growth
The Solow model has its uses, but it fails when it comes to major changes stemming from AI. Consider instead an economy with (at least) two factors of production: 1. Intelligence. Yes, formal smarts.
UK fact of the day
The UK economy grew 0.4 per cent in July as the global AI boom helped deliver an unexpectedly robust start to the third quarter, in a boost to Prime Minister Andy Burnham as he prepares for a tough…
Labor reallocation during the Industrial Revolution
New technologies swept through Britain during the Second Industrial Revolution, destroying old jobs and creating new ones. We know little about how workers reallocated.
The mathematicians rebel against AI
Here is the statement, signed by Terry Tao among many other math notables, most of you probably have read it by now. I do not accept the most cynical interpretations of this proclamation.
The excess pessimism of early nuclear bomb designers
From GPT Pro: The Manhattan Project scientists were remarkably good technological and arms-race forecasters.
Is there now a better trend in youth mental health?
A key U. S. government report on mental health, substance use and addiction showed continued improvements in several metrics, especially among young people.
Markets do respond to AGI news
Here is the link. What are the changes in the other market prices telling you?
The Allocative Cost of War
Why is war so economically costly? Our answer is that modern war lowers output not only by destroying productive factors, but also by making the surviving economy work less efficiently.