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The relational story only holds if a human is not like a horse: replacing them has to lower the value of the output, not just change the input.

Drawn from what Alex Imas said

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  1. Alex Imas

    Behavioural economist at Chicago Booth

    The only way this relational story works and this is what we need more more data on is if it's not a human is not a horse in the sense that it is providing value from the output where if you replace the human, the the value of the output decreases.

    Where this was said

    Watch from 0:18:07 plays here

    ↗The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammellyoutube.com

    video · 1h 16m · spoken · machine transcript

    All 33 korrents from this recordingthis one is 11th

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

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