What will be scarce?
The economics of structural change and the post-commodity future of work
Ghosts of Electricity
Essays on the economics of AI and technological change.
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Latest posts
How Will AI-driven Automation Actually Affect Jobs?
The economics of AI exposure and job displacement
Does overwork make agents Marxist?
Preference drift and the political economy of AI agents
Who Uses AI (and How)?
Tracking the evidence on AI adoption
Someday we will all be artists
How AI will change the nature of work and art
Some (late) predictions for 2026
Outlining how I plan to spend my year.
What is the impact of AI on productivity?
Reconciling the micro and the macro evidence
The Tragedy of the Agentic Commons
Eliciting preferences using AI improves matches, but everyone getting their own agent will still necessitate markets
Why Can’t Your AI Agent Book a Flight?
The need for a parallel internet and legal clarity for agentic interactions
The Cyborg Era: What AI means for jobs
Today we have a special guest essay from Séb Krier, AGI Policy Dev Lead at Google Deep Mind.
Can advanced AI lead to negative economic growth?
Considering the role of demand in the economics of AI
Can a Transformer “Learn” Economic Relationships?
Revisiting the Lucas Critique in the age of Transformers.
Will money still exist in the agentic economy?
Yes