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Economist, AI & productivity scholar
We need to change the target.
It’s 100 times easier to look at something existing and think, “OK, can we substitute a machine or a human there?” The really hard thing is, “let’s imagine something that never existed before.” [...] But ultimately that second way is where most of the value comes from. [...] “We subsidize capital and we tax labor.”
(2022)
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replying to Erik Brynjolfsson