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MIT economist and 2024 Nobel laureate known for research on institutions, political economy, and the economic effects of automation and AI.
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A letter from six Nobel economists asks Californians to treat Proposition 40 as the start of a movement other states, Washington and other countries copy. The vote is in November, and the state's own pollster has supporters behind.
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A new report combines a survey of 637 scientists with 15 million Gemini conversations. Its authors trace the gap between mathematics and biology to what it costs to check whether an answer is right.
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Labor's share of nonfarm business output was 52.8% in the second quarter, the lowest since the series began in 1947, and the study now being read as the AI explanation for it measured just 11 highly exposed occupations.
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Anthropic published a scenario explorer on 10 September holding three versions of the 2030 US economy. Only one of them would change a staffing plan, and it assumes recursively self-improving systems adopted quickly.
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Anthropic published three scenarios and an interactive model, declined to say which is likelier, and left aggregate demand out of the arithmetic. The same newsletter carrying the research reports business AI spending is falling.
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Anthropic published three scenarios for AI's effect on the US economy without probabilities. The middle one, where AI does half of knowledge work by 2030 while knowledge-worker pay stalls, is the branch a capex plan can actually use.
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Noahpinion sets the prime-age employment rate near all-time highs against Ipsos and Pew findings that the public expects AI to compete with workers, which leaves headcount plans resting on a premise the aggregate data has not tested.
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Leaders who have watched values language crowd out the capital-allocation story have met this mechanism already, and the Kellogg model says it runs on what an audience can verify rather than what it cares about.
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Adoption has outrun the personal computer and the internet, yet the technological and institutional foundation stays unsettled. The move is to buy optionality, not lock in architecture.
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A July 13 statement of eighty-eight words has collected close to 2,000 signatures and 17 Nobel laureates. The measurement work it implies has not been done inside a single company.
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The MIT economist told Fortune that AI is neither a stochastic parrot nor a guaranteed win, and that adoption evidence outside coding is thin. Both halves bear on how you size spending.
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