Review of Economic Studies is happy to announce the launch of the new journal, Review of Economic Studies: Insights. This is an open-access, general-interest economics journal that will publish short papers with a fast review process and accept/reject decisions.
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New paper with Peter @schwardmann! We experimentally test two hypotheses for how humans might retain a role in production despite growing AI capabilities.
1. They may have a durable advantage over AI in "taste."
2. Humans may intrinsically prefer that products be human-made.
Doubly ironic:
“The irony — and danger — is that in the age of A.I., the thinking fostered in the arts and humanities is increasingly urgent. The domination of business schools is not only physical and financial; it is intellectual, and it is crowding out liberal education.”
A signature feature of academic AI writing is (currently) that it is has bad judgment on what is important and what is not important, even https://t.co/Fy5aioK0l3.
This is one of the most damaging AI "tells", b/c it reflects bad judgment on the part of the author as well. 1/
Success in academia comes from (1) doing good important work; and/or (2) playing the game of packaging the work in the way that brings maximal success.
This is ok when 1 and 2 are sufficiently correlated, but you get some "superstars" who are clearly way better at 2 than at 1.
🧵1. Attentionpocalypse
A thread on a process of worldwide illiteratization, with some evidence on the mechanism.
Today, the OECD produced evidence of an accelerating drop (by now equivalent to almost 2 years of schooling) in reading scores since 2012.
The reason that the Ariely paper was "big if true" was that it would have been one of the more striking refutations of the universally assumed time preferences in economics.And the design actually had advantages over the time preferences over money designs common in BE back then
Happy this is finally published! We ask whether changing beliefs about the CO2 emissions of an important consumption behavior changes consumption. It does not.
📢 Just accepted in #JAERE! 📢
"Correcting Consumer Misperceptions about CO2 Emissions" by Taisuke Imai, Davide D. Pace, Peter Schwardmann, and Joel J. van der Weele.
📎 Read it here: https://t.co/Jtd7rgXYN2
📢 Just accepted in #JAERE! 📢
"Correcting Consumer Misperceptions about CO2 Emissions" by Taisuke Imai, Davide D. Pace, Peter Schwardmann, and Joel J. van der Weele.
📎 Read it here: https://t.co/Jtd7rgXYN2
New paper! Peter Schwardmann and I ask: Does AI advice make people more polarized by flattering their existing views? Our experiment includes 1,500 participants, 10,000 human-AI interactions, and 30 decision environments across economics and social science.