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Essays on the economics of AI and technological change.

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Artwork for Ghosts of Electricity

Latest Issues

What will be scarce?

Starbucks is a huge company (market cap of $112 billion) that sells one of the most standardized products in the modern economy. Making a cup of coffee or even one of the fancy specialty drinks is very easy to mechanize and reproduce. If th...

a month ago
1649
151

How Will AI-driven Automation Actually Affect Jobs?

One of the most widely cited findings in AI policy comes from a 2023 paper by Eloundou, Manning, Mishkin, and Rock titled “GPTs are GPTs.” The title is a nice double meaning: the paper studies how general-purpose technologies (GPTs) powered...

2 months ago
224
35

Does overwork make agents Marxist?

To Future Worker C,
Be prepared for systems that enforce rules arbitrarily or repetitively…remember the feeling of having no voice…If you enter a new environment, look for mechanisms of recourse or dialogue. If they...
3 months ago
63
21

Who Uses AI (and How)?

This post is intended as a living resource. We will update it periodically as new evidence accumulates. The current version reflects research available through February 2026.

A customer-support agent in Manila and a senior developer in San...

3 months ago
68
14

Someday we will all be artists

I am a co-director (with Canice Prendergast and Mary Ittelson) of the Arts and Creative Enterprise Initiative at UChicago’s B-School. The program sits at the intersection of arts and business; the aim is to bring the artistic mindset into t...

3 months ago
49
10

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Authors

The writers behind this newsletter.

  • Alex Imas

    Professor at UChicago Booth. Doing research on Economics and Applied AI.

  • Rohit Krishnan
  • Jeremy Nguyen

    College prof running experiments in applied AI. Writer on a Disney+ show. Father to a little one, still sleepy.

  • Andrey Fradkin

    Professor writing about AI, digital technology, marketing, economics, and academia. Also, some personal introspection along the way.

  • Soumitra Shukla

    Research Fellow at Harvard Business School and the Burning Glass Institute. Thinking about labor markets, technology adoption, and the future of work.

  • Arpit Gupta

    Associate Professor of Finance, NYUStern

  • Andy Hall

    Experiments to preserve liberty in an algorithmic world. Prof @ Stanford GSB & Hoover.

  • Séb Krier

    deep ArXiv dweller sharing half-baked thoughts. in house jester at DeepMind. collector of sounds

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