The Marginal Revolution: Rise and Decline, and the Pending AI Revolution

https://tylercowen.com/marginal-revolution-generative-book/

Local download

Decent. Learned something about economics and other "slow sciences".

His basic point is that science are loosing intuition in favor of empirical (often ML) results

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"marginalist ideas are in fact more complex – and more interesting – than many onlookers (and also some economists) believe."

We will see that marginalism – one of the most important ideas in economics – becomes trickier the more we look at it, and less intuitive. That will be a continuing thread in this investigation, namely that matters are rarely simple on closer investigation, and that intuitions can mislead or be highly incomplete.

"we have much better models of language and reasoning than almost anyone had been expecting."

"you are currently witnessing the weakest version of the thing you ever will see."