Furman and FRB/US on the AI Boom’s Impact
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Jason Furman has put up a macro simulator based on the FRB/US model. Today, he traces out the model’s implications regarding the AI boom.
The entire piece is a must read for those desiring a more general equilibrium view of the story. For now, here are a few graphs of four critical variables.
The entire piece is a must read for those desiring a more general equilibrium view of the story. For now, here are a few graphs of four critical variables.
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