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2min chapter
Tyler Cowen
Undertone
The Impact of Existing AM Models on Productivity and a Comparison with Microsoft Excel
This chapter explores the potential consequences of halting progress on advanced machine learning models, but still having access to existing models. The role of token costs in enabling further progress is discussed, along with a comparison between the impact of GPT-4 and the release of Microsoft Excel on total factor productivity growth.
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Listen to the best highlights from the podcasts you love and dive into the full episode