Ethan Mollick Argues AI Economic Value Lies in Agents, Not Chatbots

eldonredwards · x · 2026-08-13

Wharton professor Ethan Mollick pushes back against the idea that better models will only be cost-efficient for fewer customers. He argues that economic value will come from agents rather than chatbots.

He highlights that small gains in accuracy compound exponentially when agents perform longer tasks, suggesting returns on more intelligent models will be greater than expected.

Related event: Scholars Refute AI Cost-Benefit Concerns: Agents Are the True Economic Core(2 posts)→

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