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← Most macroeconomic models cannot describe the AI transition, because…

17 connected korrents · 16 moments from 7 May 2024 to 18 Oct 2026.

Everything filed under AI and jobs AI and jobs Everything filed under AI alignment AI alignment Everything filed under AI and human skill AI and human skill Everything filed under AGI AGI Everything filed under management management Everything filed under stock market stock market Everything filed under LLMs LLMs Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Most macroeconomic models cannot describe the AI transition, because they assume a single output that converts one-for-one into capital or consumption. Most macroeconomic models cannot describethe AI transition, because they assume asingle output that converts one-for-oneinto capital or consumption. Last stated 5 months ago 4 Jun 2026 PT Phil Trammell — holds since 2026-06-04 — tap for who they are Same subject: An AI-caused recession requires the owners of capital to hit a hard ceiling on spending and then refuse to invest the rest, which is a very improbable combination. — tap to centre the map on it An AI-caused recession requires theowners of capital to hit a hardceiling on spending and then refuseto invest the rest, which is a veryimprobable combination. Last stated 5 months ago 4 Jun 2026 AI Alex Imas — holds since 2026-06-04 — tap for who they are Same subject: AI may bring about widespread supply- and technologically-induced deflation. — tap to centre the map on it AI may bring about widespreadsupply- and technologically-induceddeflation. Last stated a week ago 13 Oct 2026 JC John H. Cochrane — holds since 2026-10-13 — tap for who they are Same subject: Economic growth from AI waits on change management, not on model capability: the work artifact and the workflow have to change first. — tap to centre the map on it Economic growth from AI waits onchange management, not on modelcapability: the work artifact andthe workflow have to change first. Last stated 11 months ago 12 Nov 2025 SN Satya Nadella — holds since 2025-11-12 — tap for who they are Same subject: We are already in an intelligence explosion and have been for decades, so AI will show up as more of the same exponential rather than a break in it. — tap to centre the map on it We are already in an intelligenceexplosion and have been for decades,so AI will show up as more of thesame exponential rather than a breakin it. Last stated a year ago 17 Oct 2025 AK Andrej Karpathy — holds since 2025-10-17 — tap for who they are Same subject: If AI can build the new theory that crystallises how to think about a subject, it would be surprising if that capability did not spill into the rest of the economy. — tap to centre the map on it If AI can build the new theory thatcrystallises how to think about asubject, it would be surprising ifthat capability did not spill intothe rest of the economy. Last stated 4 months ago 30 Jun 2026 GS Grant Sanderson — holds since 2026-06-30 — tap for who they are Same subject: The long trend of making it easier for ordinary people to index more of the economy will resume, and AI itself will help by cutting the cost of going public. — tap to centre the map on it The long trend of making it easierfor ordinary people to index more ofthe economy will resume, and AIitself will help by cutting the costof going public. Last stated 5 months ago 4 Jun 2026 PT Phil Trammell — holds since 2026-06-04 — tap for who they are Same subject: AI models are not commodities, and people who think they are fungible have not actually used them. — tap to centre the map on it AI models are not commodities, andpeople who think they are fungiblehave not actually used them. Last stated 2 months ago 6 Sept 2026 AA Anish Acharya — holds since 2026-09-06 — tap for who they are Same subject: The AI boom will depress the demand for labor in the economy. — tap to centre the map on it The AI boom will depress the demandfor labor in the economy. Last stated 5 days ago 18 Oct 2026 PK Paul Krugman — holds since 2026-10-18 — tap for who they are Same subject: A company must cut half its engineers to pay for the other half's tokens, and that is what the layoffs are actually about. — tap to centre the map on it A company must cut half itsengineers to pay for the otherhalf's tokens, and that is what thelayoffs are actually about. Last stated 7 months ago 11 Mar 2026 SY Steve Yegge — holds since 2026-03-11 — tap for who they are Same subject: A likely outcome is that many occupations are eventually mostly replaced by AI while humans still have plenty to do. — tap to centre the map on it A likely outcome is that manyoccupations are eventually mostlyreplaced by AI while humans stillhave plenty to do. Last stated 2 months ago 7 Sept 2026 NS Noah Smith — holds since 2026-09-07 — tap for who they are Same subject: A lot of jobs will probably be created because of AI. — tap to centre the map on it A lot of jobs will probably becreated because of AI. Last stated 4 weeks ago 27 Sept 2026 MG Molly Graham — holds since 2026-09-27 — tap for who they are Same subject: A company that uses an algorithm to nudge customers into behavior that isn't good for them is doing something bad. — tap to centre the map on it A company that uses an algorithm tonudge customers into behavior thatisn't good for them is doingsomething bad. Last stated a year ago 7 Oct 2025 MM Mr. Money Mustache — holds since 2025-10-07 — tap for who they are Same subject: A control evaluation that reports under one per cent risk should be read as several per cent, because the evaluation can itself fail. — tap to centre the map on it A control evaluation that reportsunder one per cent risk should beread as several per cent, becausethe evaluation can itself fail. Last stated 2 years ago 7 May 2024 BS Buck Shlegeris — holds since 2024-05-07 — tap for who they are Same subject: A feedback loop that reinforces a behavior pulls it toward whatever improves the loop's own score. — tap to centre the map on it A feedback loop that reinforces abehavior pulls it toward whateverimproves the loop's own score. Last stated 2 months ago 26 Aug 2026 HK Henrik Karlsson — holds since 2026-08-26 — tap for who they are Same subject: A machine doing your work better than you is no reason to stop doing it, because the point of the work was never that only you could do it. — tap to centre the map on it A machine doing your work betterthan you is no reason to stop doingit, because the point of the workwas never that only you could do it. Last stated 5 months ago 2 Jun 2026 LS L. M. Sacasas — holds since 2026-06-02 — tap for who they are Same subject: A skill being automated is not a reason to stop learning it: practising what machines already do is often the stepping stone to what only people can do. — tap to centre the map on it A skill being automated is not areason to stop learning it:practising what machines already dois often the stepping stone to whatonly people can do. Last stated 11 months ago 18 Nov 2025 SY Scott H. Young — holds since 2025-11-18 — tap for who they are Same subject: A well-written email does not need an AI summary, and an executive who delegates his reading to one has stopped doing the job. — tap to centre the map on it A well-written email does not needan AI summary, and an executive whodelegates his reading to one hasstopped doing the job. Last stated a year ago 21 May 2025 EZ Ed Zitron — holds since 2025-05-21 — tap for who they are
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At the centre Most macroeconomic models cannot describe the AI transition, because they assume a single output that converts one-for-one into capital or consumption. Last stated 4 Jun 2026 · 5 months ago Holds Phil Trammell Read this korrent →