Users are praising the economist's argument that AI could increase company headcounts, citing AI workflow bottlenecks and potential rises in demand for roles like lawyers.
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@Noahpinion Loved this piece! I've got a study coming out shortly on exactly this, using both the BFS data and CPS solo self-employment data, and an event study confirming the timing related to AI. Happy to send the draft now or published version when it's out, if you're interested!
@Noahpinion The Elephant And The Flea: New Thinking For A New World: http://Amazon.co.uk: Handy, Charles: 9780099415657: Books https://share.google/Wt3RZu80nRv3Qquj6 (2001!)
@Noahpinion Me when people say a technology whose main feature is producing tons of documents cheaply will reduce demand for lawyers (I'd expect it to increase)
@Noahpinion There are just too much bottlenecks now working with AI. More headcount might be needed.
@Noahpinion Huhmmm