Ep. 186: Daniel Rock on How AI Will Reshape Economies 

This episode is sponsored by Masterworks

Professor Daniel Rock is an Assistant Professor of Operations, Information, and Decisions at the Wharton School of the University of Pennsylvania. His research is on the economic effects of digital technologies, with a particular emphasis on the economics of artificial intelligence. His research has been published in various academic journals and featured in outlets such as The New York Times, The Wall Street Journal, Bloomberg, Harvard Business Review, and Sloan Management Review. In the podcast, we talk about:

• The lasting impact on work practises after the COVID lockdowns 

• Why productivity been weak in recent decades 

• Understanding digital goods and intangible assets 

• How employee salaries are debt 

• What is the value of culture? 

• Value vs growth styles of investing 

• The J-curve of new tech on productivity 

• The broad impact of AI 

• Deflationary or inflationary? 

• Impact of supervised machine learning and ChatGPT 

• Most exciting areas to be impacted by AI 

• Books mentioned: Reminiscences of a Stock Operator (Lefevre), Option Volatility and Pricing (Natenberg), Fortune’s Formula (Poundstone), When Genius Failed (Lowenstein), Three Body Problem (Cixin Liu), Nexus Series (Naam), and Thinking Strategically (Dixit, Nalebuff).  

You can follow Daniel here and here.  

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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)