Seven Signals That Will Reveal AI's True Economic Impact

AI's economic impact is hard to forecast now, but seven specific trends—from entry-level hiring to inflation—signal what ...

Meet a scientist tracking invasive reptiles, and even their parasites

An insider's look at Florida’s war on invaders: the giant snakes, egg-eating predators and parasites spreading through the ...

The American Economy Is Growing, But Workers Are Getting A Shrinking Slice

Workers' wages are a shrinking share of the U.S. economy despite overall growth. Explore the factors influencing this trend.
Marketplace

Stanford launches AI economy indicator to match AI's pace

Data from Stanford Digital Economy Lab’s new AI Economic Indicator dashboard suggests AI-exposed jobs have been declining ...
The Economist

Will AI lower interest rates?

Many of his colleagues believed that unemployment had fallen so low that it was certain to stoke inflation, and called for ...
National Bureau of Economic Research

APT or “AIPT”? The Surprising Dominance of Large Factor Models

We introduce artificial intelligence pricing theory (AIPT). In contrast with the APT’s foundational assumption of a low dimensional factor structure in returns, the AIPT conjectures that returns are ...
National Bureau of Economic Research

The Simple Macroeconomics of AI

This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI’s effects, working through automation and task complementarities. So ...