Teppo Felin

ion chaired prof | univ of utah | oxford | cognition AI theory-based causal reasoning economics strategy

[Teppo Felin @teppofelin]

Data-first thinking is a trap

Here's the full introductory chapter https://t.co/dWwdZhvP32

[Michał Podlewski @trajektoriePL]

Richard Dawkins says that after spending three days interacting with Claude, which he calls “Claudia,” he is certain that it is conscious.

[Teppo Felin @teppofelin]

I neglected to add @nntaleb's Fooled by Randomness into the mix with Dan Ariely's Predictably Irrational and other books in the human bias genre

[Teppo Felin @teppofelin]

Can AI Do Strategy?!

some great folks involved in this debate: @RonnieChatterji @profjamesevans @JessicaHullman @toddzenger (and number of others not on X)

open access here: https://t.co/QA5yCnFtWo @INFORMS

[Teppo Felin @teppofelin]

@DaveVoelkerPhD The scientist in the void has the opposite problem of the one the book describes—too little to look at, not too much. The real problem is the latter: Jan and I work through this here - https://t.co/jKtyUS6tmu

[Teppo Felin @teppofelin]

Data-first thinking is a trap

Here's the full introductory chapter https://t.co/dWwdZhvP32

[Teppo Felin @teppofelin]

@MarcosGallacher Sorry - didn't see this until now. Yes, I read Koopman's years ago. Definitely linked. Though our emphasis is on the role of economic actors/subjects themselves as theorists. The early '50s Penrose-Alchian AER debate highlights some issues related to this (discussed in endnotes)

[Teppo Felin @teppofelin]

@drsarthakmondal We did things backwards: wrote the book and now in contact with agents/publishers. Hopefully soon!

[Teppo Felin @teppofelin]

@KanishkaDavda We did things backwards: wrote the book and now in contact with agents/publishers. Hopefully soon!

[Teppo Felin @teppofelin]

@RENiemeyerPhD We did things backwards: wrote the book and now in contact with agents/publishers. Hopefully soon!

[Teppo Felin @teppofelin]

The problem with data-first thinking shows up everywhere:
- venture capital: https://t.co/2xzlbYiJ2n
- science (@ItaiYanai): https://t.co/0sRzMxr4WD
- Chris Anderson @chr1sa captured (and endorsed) data-first early on - https://t.co/rRIhG9ALND

[Teppo Felin @teppofelin]

I neglected to add @nntaleb's Fooled by Randomness into the mix with Dan Ariely's Predictably Irrational and other books in the human bias genre

[Teppo Felin @teppofelin]

@Dowellenough @DuckDuckGo Oh! Are you now able to see it?

[Teppo Felin @teppofelin]

Andreessen calls it and says AGI is here.

Huh?!?

Just last week frontier models (Grok, Claude, ChatGPT) got <1% on ARC-AGI-3.

<1% for AI. And humans? 100%.

AI is backward-looking. Humans forward-looking.

[Marc Andreessen 🇺🇸 @pmarca]

I'm calling it. AGI is already here – it's just not evenly distributed yet.

[Teppo Felin @teppofelin]

Here's the final clean version: https://t.co/DJoLoiJdQp

[Teppo Felin @teppofelin]

Where do new technologies and innovations come from?

Madison Singell and I take up this question in our forthcoming paper in European Economic Review

[Teppo Felin @teppofelin]

full paper downloadable on @SSRN here https://t.co/27hG3dOrL2

[SSRN @SSRN]

Check out the latest from the SSRN #blog which includes the top downloaded papers on #AI in Finance for Q2 of 2025.

Read more: https://t.co/cUcvEQ4GND

#FInanceTwitter #AICommunity

[Teppo Felin @teppofelin]

Sad to be leaving the Huntsman School and Logan. We've absolutely loved it here: students, colleagues, location, etc. But thankfully will continue with an affiliation, which is fantastic.

[Teppo Felin @teppofelin]

I started a new job today: I'll be the Ion Foundation Endowed Prof at the University of Utah - also Co-Director of the Ion Management Science Lab with Todd Zenger. Very excited to work with Todd and brilliant colleagues. @UUtah

[Koenfucius 🔍 @koenfucius]

LLMs are good at predicting—does that scale to decision making?

No, argue Sako & @teppofelin, they cannot envision possibilities beyond existing data, generate new hypotheses or run experiments to get new data—essential for general real-world decisions:

https://t.co/VM1VRB8JB0