
Daniel Milo
34 posts

Daniel Milo
@DMilo75
Finance PhD student at NYU Stern AI, Monetary Policy, Real Estate



This is good stuff, including some things that are much more sophisticated than what I wrote in paper long ago. What happens when we turn this sort of AI loose on past academic research at scale? Should we be doing that already?









N.B. I wonder if we're the first academic citation for @TheStalwart's @Havelock_AI. If there's a better way to cite, let me know and I'll update the preprint!















Economics of AGI episode w Alex Imas and Phil Trammell. There's a bunch of important questions about how we deal with AI that only economics can answer. What is the optimal way to tax and redistribute the wealth that will be generated? How should countries not in the AI supply chain index into the gains? Is there any world where inequality doesn't explode? It might seem like these questions have obvious answers, but the first thing economics teaches you is that your intuitions can often be entirely wrong. It was very helpful to chat through these things with Alex and Phil. Look up Dwarkesh Podcast on Apple Podcasts, YouTube, or Spotify. Enjoy! 00:00:00 – Will capital share increase? 00:19:36 – Messy Middle scenario 00:25:57 – How to tax and redistribute AI wealth 00:30:02 – Why demand collapse is unlikely 00:39:26 – Human employees would be hard to integrate into the machine economy 00:43:08 – What if some humans (or AIs) value wealth accumulation intrinsically? 01:01:28 – What should developing countries do?










