We discovered that US GDP statistics miss most of the value Nvidia adds to the US economy. As a result, GDP growth has been understated by ~0.3 percentage points over the last year.
Dan Carey
@dandaeconman.bsky.social
Econ fellow at AOI. Macro, Networks, extending the bit of the long run where we're not all dead.
I'm concerned by some work around the growth effects of AI using aggregate production functions - I put together some thoughts here: forum.effectivealtruism.org/posts/DMxsAG...
Comment on Barentt (2025): Growth effects of AI could hit a bottleneck even if local elasticities are high — EA Forum
Introduction This post is a response to a recent article by Matthew Barett on the Epoch AI website, posted as part of the Gradient Updates newsletter…
forum.effectivealtruism.org
Super clever paper. Cool point for AI alignment from a game theory perspective - to read for economists interested in using their toolkit to do good
Eric Olav Chen@eochen.bsky.social · 2y agoNew working paper! We develop an approach for safely delegating to strategically aware and potentially misaligned AI systems. The theoretical tool we use is sequential information design with imperfect recall. A short thread on the key highlights.