Jason Furman: optimistic on AI productivity, skeptical firms can profit from it
sebkrier · x · 2026-10-18
Economist Jason Furman argues AI valuations depend on two things working out: real productivity gains and companies actually profiting from AI. He is optimistic about the first but doubtful about the second.
Paradoxically, the better the technology gets, the more older, cheaper models will be "way more than good enough" — compressing firms' ability to charge premium prices for AI.
More from AGI Musings
- Essay: AI made test-style intelligence the cheapest commodity — judgment is what's left — r0ck3t23 · 2026-10-18
- "Yes, It's Lazy. That's the Point": Pushing Back on Humanoid Robot Housework Critics — VraserX · 2026-10-18
- 562 AI PM job postings split into 4 roles — Model PM tops pay at $345K median — aakashgupta · 2026-10-18
- Longevity influencer: this is the last decade dying of old age is 'normal' — rand_longevity · 2026-10-18
- Only 85% of Anthropic hours and 76% of OpenAI workdays are agentic — yacineMTB · 2026-10-18
- Anthropic investor briefing leak spooks markets as KOSPI plunges 7.57% in a day — Exponential View (Azeem Azhar) · 2026-10-18