Recommended readings: economics of AI, Merging LLMs and economics research, defi ecosystems, World’s Electronics
This edition explores how AI is reshaping the economics of business and research, while highlighting the challenges of measuring economic activity in increasingly complex digital financial ecosystems. It also examines the concentration of global digital hardware capacity in East Asia. I. The economics of AI : AI is getting more expensive for companies. As rising token usage and workflow complexity make costs harder to predict, leaders need new ways to manage AI economics ( McKinsey ). II. An LLM Workflow That Reproduces, Improves, and Extends Published Economics Research : We introduce an open-source workflow that enables an LLM to reproduce, improve, and extend an economics article using the article’s published replication package. First, the workflow attempts to reproduce the original calculations, checks for discrepancies with published findings, and performs automated sensitivity analysis. Across 4,452 published replication packages for five economics journals, the workflow flags ...
