Hi Everyone! We're hosting our Wharton AI and the Future of Work Conference on 5/21-22. Last year was a great event with some of the top papers on AI and work. Paper submission deadline is 3/3. Come join us! Submit papers here: forms.gle/ozJ5xEaktXDE...

Alongside publishing new ESCoE work on Inclusive Income with Cliodhna Taylor this week, Richard Heys has also recently published a paper on composite indices.➡️ tinyurl.com/mfm7u59c Read more on public service productivity measurement. ➡️ tinyurl.com/bdyvprke

The DeepMind GenCast blog post. Impressive stuff deepmind.google/discover/blo...

Median homes in San Jose and San Francisco now worth more than $1 million. Highest in the country. If you live here that doesn’t surprise you. Very limited supply and immense tech wealth. www.nytimes.com/2024/11/21/r...

Here's a our new paper "The Consumer Welfare Effects of Online Ads: Evidence from a 9-Year Experiment" We analyze a long-running field experiment of online advertising. We find no significant differences in valuations between users who see ads vs. those who don't. www.nber.org/papers/w32846

Oh #econsky, @erikbryn.bsky.social is here

Crazy interesting paper in many ways: 1) Voice-enabled GPT-4o conducted 2 hour interviews of 1,052 people 2) GPT-4o agents were given the transcripts & prompted to simulate the people 3) The agents were given surveys & tasks. They achieved 85% accuracy in simulating interviewees real answers!

This feels like the "old" Twitter 🤗

New paper by Anton Korinek and Jai Vipra examining the market structure and competition dynamics of LLMs, warning how economies of scale and scope could vastly increase concentration in the future. www.nber.org/papers/w33139

The Digital Economy Lab has 2 exciting seminars this week. Monday (11/18) Andrea Eisfeldt (UCLA) "The Impact of Generative AI on Firm Values" Thursday (11/21) David Deming (Harvard) "The (Possible) Labor Market Impacts of AI" Register here for in-person or online digitaleconomy.stanford.edu/events/