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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