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Average Is Over: Powering America Beyond the Age of the Great Stagnation

The most important essay I read in the last month is by Lant Pritchett. He asks why the scarcest economic resources—entrepreneurial ability and technical talent—are going into automating an abundant resource: cheap labor. In the developed world, labor is expensive because of policy restrictions, and it is neither efficient nor equitable to use... See more

danwang.co • Definite optimism as human capital

Inside @Every: The AI-native startup with 5 products, 7-figure revenue, and 100% AI-written code With just 15 people, @Every publishes a daily AI newsletter, ships AI products, and operates a million-dollar-a-year consulting arm—all while their engineers write virtually zero code. It’s the most radical example of an... See more

Lenny Rachitsky x.com

We live in a knowledge economy. What you know—and your ability to bring it to bear in any given circumstance—is what creates economic value for you. This was primarily driven by the advent of personal computers and the internet, starting in the 1970s and accelerating through today.

But what happens when that very skill—knowing and utilizing the... See more

Dan Shipper • The Knowledge Economy Is Over. Welcome to the Allocation Economy

Thumbnail of www-x-com-altimor-status-1767965365328556318

Been receiving lots of questions about this from folks who expect AI engineers to result in a wave of mass unemployment. I think the crux of the question is whether there can be such a thing as "too much code" in the world. As farming productivity skyrocketed in the last few… Show more

Flo Crivello

x.com

Intel was Grove’s laboratory for management innovation. He loved to teach, and the company reaped the benefits.* A few days after getting hired, I received a coveted invitation to Intel’s Organization, Philosophy, and Economics course, known as iOPEC, a seminar on Intel strategy and operations. Resident professor: Dr. Andy Grove.

John Doerr • Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs

Reflecting on @DarioAmodei's 'Machines of Loving Grace', there’s a phrase… | Stanislas Polu

Stanislas Polu linkedin.com

The median worker is losing the race against the machine.

Erik Brynjolfsson, Andrew McAfee • Race Against the Machine

not everyone who studies AI’s impact is so bullish. With generative AI poised to automate an increasing number of business activities—as much as 70 percent , according to McKinsey—critics worry there simply won’t be enough work left over for most workers to do. For the first time in history, the argument goes, technology’s substituting force will