Generative AI is rapidly lowering the cost of producing academic research. Systems already exist that can execute large portions of the research pipeline: collecting data,
Predictions that generative artificial intelligence will make universities obsolete are becoming a staple of today’s technology commentary. If large language models can tutor students cheaply
There is a well-known anecdote suggesting that, aside from comparative advantage in trade, virtually all ideas in the social sciences are either false or trivial.
Most people who’ve been through an economics PhD course sequence have probably learned about the perils of controlling for potentially endogenous variables, the so-called “bad