Maximilian Kasy
@maxkasy.bsky.social
Econ prof at Oxford. Machine learning, politics, econometrics, inequality, random reading recs. maxkasy.github.io/home/
Reinforcement Learning: Theory and Algorithms rltheorybook.github.io/rltheorybook... (Theory behind RL techniques used in RLHF) Theoretical Perspectives on Knowledge Distillation: A Review wires.onlinelibrary.wiley.com/doi/10.1002/... (Introduction to model distillation) 5/5
Reinforcement Learning from Human Feedback rlhfbook.com (Engineering aspects of fine-tuning models to objectives from human feedback or verifiable rewards) 4/5
RLHF Book: Reinforcement Learning from Human Feedback and LLM Post-Training
A free online book and course on RLHF, preference tuning, reward models, RLVR, and post-training language models.
rlhfbook.com
The Emerging Market for Intelligence: How Firms Buy and Sell AI www.aeaweb.org/articles?id=... (Documents competitiveness of open weight models) 3/5
The Emerging Market for Intelligence: How Firms Buy and Sell AI
(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…
aeaweb.org
This creates opportunities for local / democratic control: - Take open-weight foundation models - Fine tune for local / democratically chosen objectives using RL. Here some useful reading recs: 2/5
Thread: Key developments in AI / LLMs 1. reinforcement learning (RL, from human feedback or verifiable rewards), 2. open weight models; some based on distillation of commercial models, not far behind commercial alternatives. 1/5
The Emerging Market for Intelligence: How Firms Buy and Sell AI
(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…
aeaweb.org
Thread: Key developments in AI / LLMs 1. reinforcement learning (RL, from human feedback or verifiable rewards), 2. open weight models; some based on distillation of commercial models, not far behind commercial alternatives. 1/5
The Emerging Market for Intelligence: How Firms Buy and Sell AI
(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…
aeaweb.org
Jetzt offiziell verfügbar, in deutscher Übersetzung: "Die Mittel der Prädiktion Wie KI wirklich funktioniert (und wer davon profitiert)" www.suhrkamp.de/buch/maximil... In guter Gesellschaft im aktuellen @suhrkamp.de Katalog :-)
Unsere Neuerscheinungen im August sind da: shrk.vg/Neuerscheinu... @misik.bsky.social @ohneklippo.bsky.social @carlos-barragan.bsky.social @maxkasy.bsky.social @juliannhofmann.bsky.social @isabelallende.com
Heute in der FAZ (@faznet.bsky.social): „Die entscheidende Frage der KI lautet: Wer entscheidet, was optimiert wird?“ www.faz.net/aktuell/wirt...
Ökonom Max Kasy: „Die entscheidende Frage der KI lautet: Wer entscheidet, was optimiert wird?“
Der Ökonom Maximilian Kasy will die Künstliche Intelligenz entmystifizieren und die Debatte versachlichen. Er spricht über Mathematik, KI als Machtinstrument – und wieso er nicht glaubt, dass der…
faz.net
Heute in der FAZ (@faznet.bsky.social): „Die entscheidende Frage der KI lautet: Wer entscheidet, was optimiert wird?“ www.faz.net/aktuell/wirt...
Ökonom Max Kasy: „Die entscheidende Frage der KI lautet: Wer entscheidet, was optimiert wird?“
Der Ökonom Maximilian Kasy will die Künstliche Intelligenz entmystifizieren und die Debatte versachlichen. Er spricht über Mathematik, KI als Machtinstrument – und wieso er nicht glaubt, dass der…
faz.net
Great interview with @triofrancos.bsky.social on the geopolitics of the renewable energy transition:
Thea Riofrancos, The New World Climate Order, NLR 159, May–June 2026
An interview about the new parameters of climate politics, with the breakdown of global consensus. As the EU re-opens coal-fired plants and the US shuts down wind farms, China gouges the earth to…
newleftreview.org
Winning at all levels, growth rate, foreign policy, immigration policy, energy policy, list is long
Olúfẹ́mi O. Táíwò@olufemiotaiwo.bsky.social · 3mo agoa truly masterful performance by Spain. actually what peak performance looks like
A guide for economists writing a literature review who want to summarize evidence, incorporate covariates, and adjust for selectivity, from Peter Ganong, Avik Garg, and Maximilian Kasy www.nber.org/papers/w35403
New paper with @p_ganong & Avik Garg: From literature review to effect prediction for a new context - allowing for effect heterogeneity & publication bias. maxkasy.github.io/home/files/p...
Reading rec: "Political Aspects of Full Employment" Intriguing 1943 essay by Michał Kalecki mronline.org/2010/05/22/p... Reasons of business opposition to full employment: It would 1/2
Political Aspects of Full Employment - MR Online
This essay was first published in Political Quarterly in 1943; it is reproduced here for non-profit educational purposes. A shorter version of this essay was published in The Last Phase in the…
mronline.org
New paper with @p_ganong & Avik Garg: From literature review to effect prediction for a new context - allowing for effect heterogeneity & publication bias. maxkasy.github.io/home/files/p...
In „The Means of Prediction” wirft @maxkasy.bsky.social einen kritischen Blick auf Machtfragen rund um KI. @sberg.bsky.social und @annkoster.bsky.social haben das Buch gelesen und setzen es in ihrem Literaturessay zu anderen Debattenbeiträgen ins Verhältnis. www.soziopolis.de/its-the-obje...
Chapters 1–4 out now! Understanding our Economy, CORE's textbook for beginners and students at two-year and four-year colleges and universities in North America, is online. Covers the environment, climate, inequality, cost of living & more. Read it free: books.core-econ.org/understandin...
Why does Elon Musk stoke racist violence and pogroms, and what are the parallels to 19th century Russia? Thoughtful essay worth reading: giftarticle.ft.com/giftarticle/... Big Tech is stoking unrest in the UK. Why?
giftarticle.ft.com
Why does Elon Musk stoke racist violence and pogroms, and what are the parallels to 19th century Russia? Thoughtful essay worth reading: giftarticle.ft.com/giftarticle/... Big Tech is stoking unrest in the UK. Why?
giftarticle.ft.com
So, naive question about these campuses that pay OpenAI $13mil/yr. Why don’t they pour that money into a cluster running the strongest available open-weight model, with API and interactive options. And if the answer is “overhead,” why aren’t we collaborating?
Last day of frontier talks!
Maximilian Kasy@maxkasy.bsky.social · 5mo ago📆 Only 2 weeks to go until our workshop!!! 📆 "AI and the political economy of information filtering" maxkasy.github.io/home/informa... Open to all; register for partcipation (online/in-person) here: docs.google.com/forms/d/e/1F...
1/n Verena Halsmayer giving the Blanqui lecture on the history of the Solow model, based on her wonderful book www.cambridge.org/core/books/m... #eshethes2026 Key insights:
"Meetings are held, emails are sent, phone calls are made, and something like 520,000 children die of malnutrition, diarrhea, tuberculosis, malaria, and HIV." prospect.org/2026/05/22/w...
Who Died When Elon Musk Killed USAID? - The American Prospect
Nicholas Enrich’s new memoir details the human toll of the agency’s dismantling.
prospect.org
Das lange Warten hat ein Ende: 30 Jahre nach der letzten Auflage ist das neue„Handbuch Rechtsextremismus in Österreich“ seit heute erhältlich. Den Band gibt es in der Buchhandlung Ihres Vertrauens oder direkt beim Verlag des @falter.at: shop.falter.at/handbuch-rec...
📆 Only 2 weeks to go until our workshop!!! 📆 "AI and the political economy of information filtering" maxkasy.github.io/home/informa... Open to all; register for partcipation (online/in-person) here: docs.google.com/forms/d/e/1F...
