korrents

A korrentour readingWhat is a korrent?

Most macroeconomic models cannot describe the AI transition, because they assume a single output that converts one-for-one into capital or consumption.

Drawn from what Phil Trammell said

A private bookmark. Not a position, and never counted.

What Phil Trammell actually said

Word for word, with the source under each one. They did not write this page.

  1. Phil Trammell

    Economist working on the economics of transformative AI

    here prices are adjusting in this interesting way that too many macro models don't allow for, right? So, that what what a what's happening is what would be called investment specific technical change where yeah, the price of capital is like falling relative to the price of consumption instead of like the standard doing the standard macro thing of saying there's just output.

Added to korrents 4 Jun 2026 · How quotes work · Something wrong? Tell us

Do you hold this korrent?Do you also believe this?

Sign in to record that you hold this, with a confidence number of your own.

Related korrents

Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.

On the map

Loading the map… or open it on its own page

Open the map on its own page →