#price-elasticity
#price-elasticity

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#ai-impact #tariffs #job-displacement #labor-market #economic-consequences #job-market #labor-economics

Artificial intelligence

fromSilicon Canals

AI job displacement predictions rest on a metric economists call 'completely meaningless' - Silicon Canals

AI may replace human workers, but the economic impact depends on price elasticity of demand.

fromSilicon Canals

The one dataset that could predict AI job displacement barely exists - and nobody is collecting it - Silicon Canals

Price elasticity is crucial for predicting AI's impact on jobs, yet reliable data on this variable is largely unavailable.

Artificial intelligence

fromSilicon Canals

AI job displacement predictions rest on a metric economists call 'completely meaningless' - Silicon Canals

AI may replace human workers, but the economic impact depends on price elasticity of demand.

fromSilicon Canals

The one dataset that could predict AI job displacement barely exists - and nobody is collecting it - Silicon Canals

Price elasticity is crucial for predicting AI's impact on jobs, yet reliable data on this variable is largely unavailable.

US politics

Trump's New Grocery Tariff Plan Has Everyone Pointing Out The Same Unfortunately Obvious Thing

fromFast Company

Business

Consumers will tolerate higher prices as a result of tariffs-but there's a limit

US politics

Trump's New Grocery Tariff Plan Has Everyone Pointing Out The Same Unfortunately Obvious Thing

fromFast Company

Business

Consumers will tolerate higher prices as a result of tariffs-but there's a limit

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