Daniel Milo

Finance PhD student at NYU Stern
AI, Monetary Policy, Real Estate

[Daniel Milo @DMilo75]

@alexolegimas @dwarkesh_sp @pawtrammell Super interesting interview. One thought this inspired: managers likely derive relational utility (i.e. status/power) from managing humans rather than AI. Given the concentration in many industries, managers will likely be able to hold onto this power, delaying AI adoption.

[Daniel Milo @DMilo75]

@alz_zyd_ Value menu/daily coupons at fast food (I.e. McDonald’s) fit this category, they’re just a bit hidden on the menu and/or require using the app for coupons.

[Daniel Milo @DMilo75]

@OfficialLoganK @rezoundous The value in the Gemini API is unmatched

[Daniel Milo @DMilo75]

@toddsaunders I’m in, live in Westfield. I’m a NYU PhD student using AI to study zoning regulations and central bank expectations at scale

[Daniel Milo @DMilo75]

@heeney_luke You can build a Claude code skill that reviews your x bookmarks, downloads ones that are papers, and indexes it to Zotero. You can also add a pdf parser to markdown as part of the process.

[Daniel Milo @DMilo75]

@alz_zyd_ Learning to game things is an important skill itself. It generally requires building a strong and active network. Beyond that I think 1) peer effects are strong and 2) this pattern reflects risk aversion: variance of outcomes lowest at elite institutions.

[Daniel Milo @DMilo75]

@businessbarista Claude

[Daniel Milo @DMilo75]

@mansourtarek_ Why do prediction markets perform so well? Wisdom of the crowds or compensating insiders/experts, I.e., sparse or dense information aggregation

[Tom Cui (Perpetual Amazement) @ttfcui]

Why are many U.S. cities building less? Why have they insisted on a "thicket" of regulations that make housing hard to build?

In a new #jobmarketpaper with @beau_bressler , I study how much of the answer lies with a forgotten federal program that taught cities to restrict growth

[Pier Paolo Creanza @ppcreanza]

🚀I am on the #EconJobMarket!

My JMP asks a classic question:
Do large, dominant firms foster or hinder innovation?

To study this, I turn to the Great Merger Wave (1895–1904), when >2,600 U.S. firms combined into corporate giants like U.S. Steel and DuPont.

A JMP 🧵👇 (1/13)

[AlexBartik @AlexBartik]

New pre-doc positions: @arpitrage and I are hiring for two pre-docs, one to start ASAP and one to start next Fall, to help expand our work using LLMs to measure and study zoning codes in the US.

Please apply here: https://t.co/LdclIM9LAg

[Arpit Gupta @arpitrage]

🚨New predoc positions!🚨

Join @AlexBartik and me to work on developing LLM tools to analyze zoning regulations and their impacts on housing affordability.

One position starting at the "normal" cycle next year, and another ASAP.

Apply here: https://t.co/4ipNLuQ8zi

[Daniel Milo @DMilo75]

@floor_per_area It can lower the cost of housing, reducing deadweight fees and freeing up developers to build more cost effective units. More standardized zoning could induce more developers to enter the market too. Issue is most upzonings are usually modest especially in high demand areas

[Daniel Milo @DMilo75]

@arpitrage @2024dion Better to focus on occupying vacant housing in Philadelphia and Trenton I think

[Arpit Gupta @arpitrage]

📢Heavily revised working paper on AI + Zoning — 

with @AlexBartik and @DMilo75, we have a new draft of our paper which expands on our method to understand housing regulations with AI.

Incudes a new public data release with more housing regulation data:

[Josh Coven @josh_coven]

1/ Excited to share a thread about my JMP: The Impact of Institutional Investors on Homeownership and Neighborhood Access
https://t.co/CLlUD3f7wE

[Daniel Milo @DMilo75]

@ericciarla @firecrawl @AgentOpsAI Can firecrawl identify backend network calls and scrape those too?

[Gregor Schubert @gregorschub]

New WP! @andrea_eisfeldt and I have put together an overview of Generative AI as a shock to technology in the economy at large and to the finance industry and financial research "technology" in particular, for the Annual Review of Financial Economics...

[Ethan Mollick @emollick]

Google's NotebookLM is the current best "wow this is amazing & useful" demo of AI

Here I gave it the entire text of my book, it turned it into a podcast, a study guide, FAQ, timeline & quite accurate chat

Listen to the first few minutes of the "podcast." Seriously, just listen.

[Arpit Gupta @arpitrage]

🚨 New publicly available dataset on housing regulations across US municipalities

With @AlexBartik and @DMilo75, we highlight a novel AI-based method for accurate categorization of regulations in unstructured text, which we use to establish 5 facts about housing regulation: