Our experiments suggest that small AI models may be months away from being capable enough to self-replicate on commercial IoT devices, like smart ovens and off-brand Android TV boxes. A replicator ...
Twenty-five years ago Tyler told me he thought Robert Hall should win the Nobel. He has been a contender for so long today’s award was a surprise! Hall has an unusual number of unexpectedly creative ...
Assorted things I’ve been mulling over regarding agents in the economy: • Companies are in some sense the original superintelligence. It’s often the case that they can use their amortized cognitive ...
So Cowen isn’t well described as either “positive” or “negative.” A much better description is: High appreciation + high concern + very low emotional agitation. He seems to think there is an ...
With math essentially being delegated to OpenAI, here’s what I predict for economics and the social sciences more generally: The top tier of research will just become better and it will be normal ...
Global call center headcount is 5.3% below its December 2023 peak, ending more than a decade of growth. It has fallen year over year for eight straight quarters, a decline that started in high-income ...
Dumouchel, and Zebang Xu: We propose a tractable model in which risk, at both the micro and macro levels, is endogenous and driven by incentives. In the model, each firm chooses the mean and the ...
Long-run U.S. population movements have been driven more by natural amenities than by jobs, and California, rich in both uniform and complementary climates, should be a persistent net gainer of ...