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I predict that US productivity growth will come in at about 2.7% for 2025. That is nearly double the average of the previous 10 years. There are many factors at work, but part of the story may be that businesses are finally beginning to reap some of AI's benefits. That's exactly what we're studying at the Stanf…

We're hiring! Come work with the amazing team at the Stanford Digital Economy Lab There's no better place to be a postdoc interested in AI and the Economy:

Voters are already anxious about the economic impact of AI, and the effects will surely grow in the coming months and years. Yasmin Khorram and Cheyenne Haslett explain what's happening, with some data from our Canaries in the Coal Mine paper.

I predict that US productivity growth will come in at about 2.7% for 2025. That is nearly double the average of the previous 10 years. There are many factors at work, but part of the story may be that businesses are finally beginning to reap some of AI's benefits. That's exactly what we're studying at the Stanf…

The New York Times piece today by Thomas Byrne Edsall highlights a concern I share: “If we stay on the current path, the risk of extreme concentration — both economic and political — is very real.” In work with Zoe Hitzig, we ask why AI may shift the balance between dispersed knowledge and centralized control. Ha…

In a remarkably short time, AI has moved from something most people associated with science fiction or specialized research to something that is starting to expand what individuals can create and build. What’s changing isn’t just the tools. It’s the scale at which a single individual can operate. With the right co…