Economist specializing in personalized pricing, artificial intelligence, economics of digitization, industrial organization, and applied microeconomics

Joined April 2020
benjamin shiller retweeted
🚨 NOW: After MASSIVE pressure, FIFA has REVERSED the unfair red card against US men's national soccer team's Folarin Balogun — meaning the crucial scorer is AVAILABLE for America's next match against Belgium LFG! PRESIDENT TRUMP: "Thank you to FIFA for doing what was right, and reversing a great injustice!" 🇺🇸👏🏻
1,731
1,481
114
11,835
1,131,416
Had a great conversation with @AndrewMillerYYZ Changing Lanes about the future of self-driving vehicles (SDVs)—and how my research with @ReimersImke fits into the bigger picture. Andrew's newsletter is a gold mine: rigor and clarity in how SDVs are poised to change the world
1/ In this week's CHANGING LANES, I make the case that the self-driving car will make congestion far worse... and at long last, we've got the numbers to prove it
1
4
397
Student paper: "For the week leading up to my most recent midterm, I stopped going to classes. Instead, I relied entirely on class slides and ChatGPT to review ... I learned more in that week using generative AI than I did in two months in that class..." Future of universities?
1
2
197
Had a great conversation with @ChuckJaffe on @MoneyLifeShow about AI's impacts on jobs, stocks (and whether OpenAI is a. good investment), consumer manipulation, books, etc., (starts at 33 minutes & 15 seconds) podcasts.apple.com/us/podcas…
1
235
Replying to @NGKabra
True. May be government can work some kind of deal with Anthropic and Google and give access to all school kids? It has been done in Western Africa according to @BenjaminShiller It can be a win win for all parties. I wish someday our politicians will run on these issues.
1
1
1
1
171
Last summer I wrote a book with AI and felt excited. 6 months later, the speed of progress honestly scares me. If the next year looks like the last, massive job losses and many people suddenly feeling worthless won’t sound like hyperbole. I definitely don’t feel immune. Buckle up
1
213
Why would self-driving cars lower the birth rate? The answer is more obvious than you think. open.substack.com/pub/intell… @elonmusk
1
132
Did recent comments cause me to become shadow banned? Does anyone even see my posts anymore?
1
219
Me: Why don’t they make the original super soaker, those were such great water guns? Chat GPT: Short answer: they basically can’t make the original the same way anymore—because of patent expiration, safety/liability concerns, cost pressures, and changing toy regulations.
177
Hey @elonmusk, I’ve done my part for the birth rate—4 kids! But no new Tesla fits family of 6 Please bring Model Y L to the States, with safety wish list 1. Mechanical handles 2. Tempered glass option With autonomy close to reality, FSD soon a dream for driving to kids activities
4
197
My podcast interview with Abhijit couldn’t be more time given Jack Dorsey’s recent announcement that they’re laying off nearly half of the employees at his company, and suggesting others will do the same next year. linkedin.com/video/event/urn…
97
People's AI worries are misplaced—the reality is actually worse. I wrote a quick explainer on a dynamic that's obvious to an economist, but surprising to everyone else: open.substack.com/pub/intell… For more on how AI + Economics -> Outcomes, check out my book: benjaminshiller.com/
1
160
benjamin shiller retweeted
#bookquote "AI targets tasks—not adaptable, creative thinkers. Embrace that truth. Ask yourself, "Is my role something a machine could eventually replicate, or am I consistently adding unique value?" Adapt early, pivot often, and welcome change as your new steady state. Those who cling stubbornly to outdated roles will face obsolescence; those who evolve may discover new prosperity. Your ability to reinvent yourself repeatedly is the new career security. When I self-published this book, I bucked the advice of many trusted colleagues. But I knew it was important to adapt to changing markets." Shiller, Benjamin. AI Economics: How Technology Transforms Jobs, Markets, Life, & Our Future @BenjaminShiller
2
1
1
181
Out today! My book "AI Economics: How Technology Transforms Jobs, Markets, Life, & Our Future." Watch the preview here: youtu.be/H1OY2Bpt5Ew Amazon: amazon.com/dp/B0GK4ZSD54 #AI #Economics
4
17
1,061
Guess I’m a heavy user…
1
1
663
benjamin shiller retweeted
The paper focuses on how self-driving vehicles affect commuting patterns (home locations, transportation mode choice, and ensuing road congestion). It would be interesting to study night-time driving too - it would likely rise substantially - but we don't model it here.
1
1
2
410
Would love any feeback anyone has on these two book cover images?
0%Apple
100%Globe
2 votes • Final results
1
306
Today, we are launching the most rigorous ongoing source of expert forecasts on the future of AI: the Longitudinal Expert AI Panel (LEAP). We’ve assembled a panel of 339 top experts across computer science, AI industry, economics, and AI policy. Roughly every month—for the next three years—they’ll provide precise, falsifiable forecasts on the trajectory of AI capabilities, adoption, and impact. Our results cover where experts predict major effects of AI, where they expect less progress than AI industry leaders, and where they disagree. LEAP experts forecast major effects of AI by 2030, including: ⚡ 7x increase in AI’s share of U.S. electricity use (1% -> 7%) 🖥️ 9x increase in AI-assisted work hours (2% -> 18%) By 2040, experts predict: 👥30% of adults will use AI for companionship daily 🏆60% chance that AI will solve or substantially assist in solving a Millennium Prize Problem 🚂32% chance that AI will have been at least as impactful as a "technology of the millennium," like the printing press or the Industrial Revolution. 🧵Read on for more insights and results
19
84
27
256
100,005