Econometrics, economics, finance, random rants.

Econometrics, economics, finance, random rants...

Wednesday, October 1, 2025

The Stat / Econ / Computer Science Interface: AI for the Coming Decades

 Michael Jordan here this week. What a beautiful mind. A WONDERFUL lecture today: "A Collectivist, Economic Perspective on AI". Easy reading yet VERY important, on the triangular Stat / Econ / Computer Science interface. Paper is here.

I particularly appreciated these sentences from the intro:

The current dialogue on artificial intelligence (AI)—in the media, in academia, in industry, in government commissions, in online forums, and around dinner tables—often seems untethered to reality. The discussion tends to focus on whether one should be on the side of hype or hysteria—AI will either solve humanity’s most pressing problems and usher in a new era of plenty or it will destroy or enslave the human species. Whereas previous eras of rapid technological development were accompanied by such dialogue, the current extreme nature of the hype and hysteria seems unprecedented and unproductive.

Please do check it out. 

 


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