Vol. II · No. 156
Established 2025

smallweb

Friday, June 5, 2026
160 writers in the library
Economics · 1 shelves
Economics

Ghosts of Electricity.

Essays on the economics of AI and technological change.

Recent essays

13 of 13

What will be scarce?

The economics of structural change and the post-commodity future of work

How Will AI-driven Automation Actually Affect Jobs?

The economics of AI exposure and job displacement

Does overwork make agents Marxist?

Preference drift and the political economy of AI agents

Who Uses AI (and How)?

Tracking the evidence on AI adoption

Someday we will all be artists

How AI will change the nature of work and art

Some (late) predictions for 2026

Outlining how I plan to spend my year.

What is the impact of AI on productivity?

Reconciling the micro and the macro evidence

The Tragedy of the Agentic Commons

Eliciting preferences using AI improves matches, but everyone getting their own agent will still necessitate markets

Why Can’t Your AI Agent Book a Flight?

The need for a parallel internet and legal clarity for agentic interactions

The Cyborg Era: What AI means for jobs

Today we have a special guest essay from Séb Krier, AGI Policy Dev Lead at Google Deep Mind.

Can advanced AI lead to negative economic growth?

Considering the role of demand in the economics of AI

Can a Transformer “Learn” Economic Relationships?

Revisiting the Lucas Critique in the age of Transformers.

Will money still exist in the agentic economy?

Yes