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This fall, we were joined by Anastassia Fedyk 🇺🇦, @k_mcelheran, and Gregor Schubert to hear what their research can tell us about how firms are adopting #AI into their day-to-day operations. To view their talk and other installments of our #AIHorizons series, click the link below ⤵️

I am worried LLM researchers sometimes bury the lede with regard to "should we trust these systems". Framing below is: LLMs are failing to "earn human trust". But it turns out it's the humans who cannot be trusted - even seeing the LLM's answer, the humans do worse than the LLM!

Revealed-preference evidence showing that tech workers value remote work so highly they're willing to accept a 25 percent pay cut. Yet, remote jobs don't pay less, from Zoe Cullen, Bobak Pakzad-Hurson, and Ricardo Perez-Truglia nber.org/papers/w33383

Risky: those with agency and curiosity will race ahead of others much more, must faster. Status hierarchies will stretch out. Money and power will get concentrated in the hands of an LLM-accelerated few. Social unrest may result. My own studies show this within professions.

Organizational innovation is the missing piece for actually getting value out of AI. You need a vision for the future of organizational systems, both at the level of firms & in policy-making. Just putting AI on top of things is not a long-term solution This is a leadership issue

Vibe-coding’s complement is unit testing. If the writing of code is commodified, the validation of output becomes scarce.

📢 Tomorrow! Join us Online Spatial & Urban Seminar at 11:30 ET, 4:30 pm (UK), or 5:30 pm (Euro)! Caitlin Gorback (UT Austin) presents "The Financial Consequences of Wanting to Own a Home" (osus.info) Dayin Zhang and Michael Boutros will be our panelists! Hosted by Urban Economics Association

Is this Berk & Green (JPE 2004) for bodies? If all bodies grow to the maximum sustainable size that is compatible with moving sufficiently fast, then body size (~ assets under management) is a good indicator of underlying efficiency of the transport mode (~alpha) in equilibrium?

Looking forward to the next NBER Organizational Economics Working Group meeting on April 10/11, coorganized with Andrea Prat. We have a great line-up of new research papers in Org Econ! Program: nber.org/conferences/or… Link to the livestream: youtube.com/nbervideos

This is a great teaching device for getting students over the "how do I even start" hurdle!