korrents

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AI is creating user surplus and capital deepening, even if it is not yet showing up in TFP data.

Drawn from what Brad DeLong said

Subjectsocial media
What this subject means

social media Feeds and the platforms that rank them: what an algorithm decides is important, and what curating your own sources costs.

What Brad DeLong actually said

  1. Brad DeLong Economics professor at the University of California
    “AI” is certainly doing (1) (and will keep doing so unless it goes horribly wrong the way so much social media did, and our brains are hacked to our detriment by AI-slop). And AI is certainly doing (2): that is growing wedge over the past three years between the “labor productivity growth” and the “TFP growth” line.

    ↗Aggregate Total Factor Productivity & “Artificial Intelligence”: CHART OF THE DAYbraddelong.substack.com

    5 Oct 2026

Added to korrents 5 Oct 2026 · How quotes work · Something wrong? Tell us

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