The Microeconomics of Artificial Intelligence (2025)

(direct.mit.edu)

21 points | by neehao 2 days ago

2 comments

  • amelius 59 minutes ago
    Speaking how which, how are economists using AI? Are they getting better at making predictions?
    • garethsprice 15 minutes ago
      The added speed of AI tools means they're now able to predict 18 of the next 10 recessions.
    • WokeUp420 51 minutes ago
      That would require AI to be accurate
      • kulahan 26 minutes ago
        It wouldn't require perfect accuracy, just rough accuracy and a human to confirm, and it's already more than good enough for that. I do not understand this confusion surrounding modern math.
    • dismalaf 42 minutes ago
      Here's the thing about economists... The loudest ones don't want to be correct, they want to be influential. The ones who can actually make good predictions work for banks and hedge funds lol.
  • conorcleary 1 hour ago
    Letting companies get away with applying token limits etc. is ridiculous. The electricity is not the bottleneck (taxpayers subsidize it). The knowledge was stolen from artists and writers. It's a logic gate on tool use determining if you're in the right economic class.