LSE's Garicano: AI Erodes Specialization and Reshapes Firm Boundaries

LSE professor Luis Garicano's new paper for Brookings Papers on Economic Activity 2026 argues that AI makes internalizing expertise cheaper, eroding the advantages of specialization and reshaping firm boundaries in line with Smith and Coase's theories.

2026-10-12 ~ 2026-10-12 · 3 related posts

• LSE's Garicano: AI is erasing the economic advantage of specialization, BPEA paper finds — JMateosGarcia · 2026-10-12
• New Garicano paper: AI shifts work in-house, eroding the advantage of specialization — JMateosGarcia · 2026-10-12

1 near-duplicate retellings: JMateosGarcia