Home Speakers Tyler Cowen Quote I am not saying everyone ends up happy here, but you cannot have a) a flood of goods and services, b) billions accruing to the AI owners, without also c) prices are at a level where most people can afford to buy a whole bunch of things.
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More from Tyler Cowen Blog Banning self-recursive improvement in AI models? Sep 22, 2026
Even if you believe in a deal with China, and I do not, we (and others) now know competitors can catch up more quickly than we had thought, at least if they think they have a chance of winning. Blog Banning self-recursive improvement in AI models? Sep 22, 2026
If the top U.S. labs have to give up on what is supposed to be really important, they will look very “catchable.” The policy creates a big incentive for some other parts of the world to invest a lot more in compute. Blog Is there an aggregate demand problem in an AGI world? Feb 24, 2026
If AI produces a lot more stuff, income is generated from that and the economy keeps going, whether or not the resulting distribution pleases your sense of morality. Blog A final remark on AGI and taxation Jan 7, 2026
But surely the most important first order answer is: “With AGI, we don’t need to raise taxes!” Blog A note on o3 and AGI Apr 17, 2025
On a vast array of topics and methods, it wipes the floor with the humans. Blog o3 and AGI, is April 16th AGI day? Apr 16, 2025
As I’ve argued in the past, AGI, however you define it, is not much of a social event per se. It still will take us a long time to use it properly.
On the same topics Blog The Most Important Market in AI is the Middle Sep 23, 2026
But the right tail of the market is thinner than almost anyone forecast. Blog The Most Important Market in AI is the Middle Sep 23, 2026
Demand for intelligence is not a pyramid with a small, wealthy peak paying for everything beneath it. Blog The Most Important Market in AI is the Middle Sep 23, 2026
Most business AI use is the messy middle: multi-step workflows that need a smart enough model at a price a company can afford. It is the most important part of the market today, & it is where the competition is fiercest. Blog Frontier Overhangs Sep 21, 2026
A world with sufficient compute is one where intelligence is a commodity, and in commodity markets margin comes from a superior cost structure, which I would expect the leading model providers to have, in part because they have a meaningful lead in scaling and can apply superior AI to their infrastructure. Blog Frontier Overhangs Sep 21, 2026
Pure capability no longer translates directly into a moat. Blog AI Comes for the If Statement Sep 21, 2026
If this is the first of many primitives specialized for production, then harnesses are about to capture a lot more margin.
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