Ioana Marinescu

Economist @PennSP2, former principal economist at DOJ #Antitrust. #AI ,#Labor, public, IO, macro.

[Ioana Marinescu @mioana]

🚨New @BrookingsInst paper w. @KordingLab: Artificial Intelligence Saturation & the Future of Work. #AI can replace humans in intelligence sector, pushing workers to the physical one. Returns to AI saturate when the 2 sectors are complementary ➡️No singularity + ambiguous wage effects.

[Ioana Marinescu @mioana]

I’m @IMFNews #IMFMeetings. Feel free to DM me if you’d like to connect.

[Ioana Marinescu @mioana]

Looking forward to discussing taxation in the #AI era at the @IMFNews new economy forum in Bangkok this Wednesday! I’ll discuss the impact of AI investment, automation and unemployment.

[Ioana Marinescu @mioana]

Question about whether France can have a consensus to reduce deficit. Moulin says most presidential candidates want to reduce deficit, even though magnitudes vary. He says that actually France has had 2 prior episodes of strong deficit reduction. He says currently primary deficit is under control but interest rate and tax revenues are a drag.

[Ioana Marinescu @mioana]

Live tweeting from @IMFNews Annual Meetings in Bangkok. On inflation in Europe with Banque de France governor Emmanuel Moulin

[Ioana Marinescu @mioana]

Hungarian member of parliament asked how Europe can reduce energy prices. Moulin says the best weapon is diplomacy because Europe does not produce oil. He says Europe should invest in other energy sources, especially renewables to promote energy independence. E.g. France’s nuclear

[Ioana Marinescu @mioana]

Increasing yields could weaken demand, thereby curbing inflation without the ECB having to increase interest rates as much.

[Ioana Marinescu @mioana]

Moulin expects inflation shock to be less long-lasting than during COVID. Also because inflation expectations by households and businesses are well anchored.

[Ioana Marinescu @mioana]

Looking forward to discussing taxation in the #AI era at the @IMFNews new economy forum in Bangkok this Wednesday! I’ll discuss the impact of AI investment, automation and unemployment.

[Ioana Marinescu @mioana]

@jayvanbavel But hey people are doing more exercise classes and pop/rock concerts!

[Martin Schmalz @martincschmalz]

Only 42% of empirical finance papers replicate out of sample.

One paper that *does* replicate out of sample is "Anticompetitive Effects of Common Ownership", Journal of Finance, 2018.

[Ioana Marinescu @mioana]

@Afinetheorem @HaroonBhorat I don’t know enough about the relevant data. What do you think @HaroonBhorat ?

[Ioana Marinescu @mioana]

Shocker! I thought Africa was well connected to the Internet via mobile phones but just saw results by @HaroonBhorat: only 30% of Africans use the internet regularly & only 8% use the Internet to transact

[Ioana Marinescu @mioana]

This is important to understand the impact of #AI on African labor markets: low Internet penetration and high labor market informality may limit both the impact of AI and our ability to measure it.

[Ioana Marinescu @mioana]

As a Philadelphia resident, it’s good to hear that Philadelphia is not obsolete 😂. Aka the Philadelphia principles of the @ilo, which can be applied to #AI per @crfredrickson

[Ioana Marinescu @mioana]

I’m back on my student stomping grounds at @LSEDataScience for the Global Forum for #AI and the Social Sciences. It is livestreamed so you can sign up. I’m speaking tomorrow on a panel on policy responses to AI.

[Ioana Marinescu @mioana]

Link here for program and livestream: https://t.co/8GQCQjQx4v

[Ioana Marinescu @mioana]

@maya_sen But universities shouldn’t impose blanket AI policies/ bans instead of letting professors decide on these, or should they? How should universities support faculty regarding AI?

[Ioana Marinescu @mioana]

@itaisher Well there’s already a pressure to do practical research. How does AI change the incentives to do more practical research?