Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here: anchor.fm/adam-ozimek
Lancaster, PA
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He says we need to define jobs AI and robots aren't allowed to do to protect work. But then says food, housing, and education won't be get better for 20 years because of regulations.
Food, housing, and education are like what one third of jobs?
It doesn't add up
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One way to think about AI progress is not whether it crosses some benchmark of smartness, but whether it crosses benchmark's of real world accomplishments. I asked Astra to sketch out 5 economically important things we'd expect genuine AGI to be able to get done
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You should like just one backyard aquatic farming video on Instagram so the algorithm can show you how much backyard aquatic farming content there is
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Live on the tiny little island across from three mile island for $210,000
apps.realtor.com/mUAZ/7u0ybx…
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Job growth can be a little tough to read right now. But wage growth is sending a pretty clear signal imo
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You do not help the vast majority of Americans, including the middle class, by engaging in protectionism for the top 10%
Yes, the most skilled highest paid Americans should have to compete
open.substack.com/pub/agglom…
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Props to @michaelbd for calling out the absurdities of the trade war nationalreview.com/2026/08/t…
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IMO, if we had dirt cheap college and healthcare, but manufactured goods were expensive and digital technology stagnant, we'd be hearing the same level of complaint just aimed at the other end of this chart.
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There’s a myth that big pharma profits more if you’re sick so they don’t invent cures. Tell it to Moderna
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If you care about total US manufacturing output and our industrial capacity, there is one plan that would definitely work
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He then admits we do spend a ton of money, but not dealing with root causes. So the problem is "politicians, journalists, and tech bros" DO support spending more money on this, but DON'T support "dealing with root causes".
And stopping high skilled immigration will fix that?
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If you are looking for bad Acemoglu arguments, consider his criticism of skilled immigration, that it somehow is stopping us from improving the education of the bottom half or third of students???
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Warning from the Auto News editorial board that the auto factory expansion is zero sum in the US when it comes to market share because the market is not growing.
autonews.com/opinion/editori…
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People who think Twitter is a cloistered echo chamber should consider that the other place is extremely tiny and getting smaller
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I worry that paragraphs like this are going to be seen as foreboding by future historians of the auto industry.
bloomberg.com/news/articles/…
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Wage growth is below 2019 rates but with higher inflation. This doesn't seem like a labor market this is generating inflationary pressures
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Combine this with the risk from AI and it seems like a recipe for disaster nytimes.com/2026/08/05/us/po…
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Well it’s a very important issue really essential we get to the bottom of it.
Time for a select committee??
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And this was used as an example of a technology that did not bring shared prosperity!
Cutting wheat yesterday: roughly 100 grains harvested for each grain sown. In the 1300s on the Bishop of Winchester's manors, 5:1 was a good harvest, 3:1 a bad one. Thank you, Haber-Bosch nitrogen fixation and hydrocarbons, for feeding billions and sparing land.
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Also no the US did not lend Telsa $465 billion, but $465 million. And no I don't think stakes of EV firms is a good idea. brie.berkeley.edu/sites/defa…
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I am sorry but you cannot say that the unions we have couldn't have played a role in making an industry uncompetitive by pointing to the unions other countries have. Imagine saying well Japanese car companies weren't the problem, so US car companies couldn't be
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Great post from @NateSilver538 but slightly puzzled by cost of living/affordability being the top issue even for the extremely liberal, but then his conclusion "the center-left’s pet issues — affordable housing, I guess? — don’t tend to appeal to people’s passions"
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To me, this seems consistent with plant capital as sticky... can it really be the case that there are no changes to make?
inderscienceonline.com/doi/a…
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