A 2x2 graph showing which tasks are automatable (simple, routine), and which still need deep human engagement (novel, complex).
Fantastic panel on the role of agentic AI in research, hosted by @strategicmgmt.bsky.social and Sukhun Kang, with @mattbeane.bsky.social, Gwendolyn Lee, @cgartenberg99.bsky.social, @joshgans.bsky.social. Image from Claudine Gartenberg. It's a new world (with lots of unanswered questions).
Cc @alroth.bsky.social
Two thoughtful essays about the impact of LLMs on graduate education:
ergosphere.blog/posts/the-ma...
economics.mit.edu/sites/defaul...
From personal experience I think the self-control problem mentioned in the first essay is very real.
This would seem to be required for basic preparation. Good grief.
Interesting new book by Alex Krausse, The Engine of Scientific Discovery. Available here doi.org/10.1093/oso/...
after a night of russian missile attacks on Ukraine, I decided my saturday needed something stupid and fun. so I built a random econ paper title generator.
current favorite: Craft Beer Variety as an Instrument for Public Trust in Economists
small joys. dariia-m.github.io/econ-title-g... #Econsky
Don’t change the regime and just take the oil?
I really get the feeling that Anthropic should have been charging more than $200m for what they provide.
Takeshi Amemiya, my colleague and friend for many decades, has died at age 90. He made fundamental contributions to econometrics, having, as an empirical scholar, some gripes with the available toolkit. In retirement, he taught a course on the Economics of Ancient Greece. /1
Prediction, Decision-MIf artificial intelligence is best understood as a technology of prediction, how does that reshape who makes decisions, who captures value, and who sets the rules of modern markets? @joshgans.bsky.social @utoronto.ca @econuoft.bsky.social discusses: faculti.net/the-microeco...
Prediction, Decision-MIf artificial intelligence is best understood as a technology of prediction, how does that reshape who makes decisions, who captures value, and who sets the rules of modern markets? @joshgans.bsky.social @utoronto.ca @econuoft.bsky.social discusses: faculti.net/the-microeco...
I’m am so sick of these emails. I get one a day from different parts of the world. I assume this is just one spam bot producing them all.
As I collect these stories, @alroth.bsky.social Nobel prize winning paper (“The Economics of Matching: Stability and Incentives,” Mathematics of Operations Research 1982) was initially rejected by the JPE.
Just program an AI to logon for you.
I think someone needs to send a mental health ship to DC.
There was a real danger American kids could get their hands on more dolls. Phew!
Emotional?
Man linked to international sex trafficking ring finally arrested for improper email forwarding
“In the criminal justice system, some offences are considered especially heinous" chaser.com.au/world/man-li...
So they are releasing the ET Files rather than the Epstein Files?
On the other site got pointed to this JPE article by Tullock from 1973
Formalising this is useful because, not surprisingly, it isn’t really the number of miracles but their type that matters. But you want to run experiments that target miracles that can be resolved by information. No experiment will help violate a law of physics.
The informal idea was that ventures that require too many miracles to happen for success aren’t a great idea. So you want to run experiments (gather info) to reduce the number of miracles that have to happen.
