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Seth Benzell
Economist and co-host of the Justified Posteriors podcast who focuses on macroeconomics and the economics of automation and AI; guides episode discussion and interpretation of papers.
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Nov 14, 2025
• 1h 4min
Seth Benzell is Back to Update Us on All things AI
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Seth Benzell, an Assistant Professor at Chapman University and Digital Fellow at MIT and Stanford, discusses the complex economics surrounding AI. He delves into the scaling law and how double descent impacts model performance, shedding light on why investors back loss-making companies expecting future gains. Seth also evaluates the considerable financial savings and job replacement potential of AI, while cautioning against overconfidence in immediate breakthroughs. The conversation unpacks AI's implications on labor and the economy, offering keen insights into its future.
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