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  1. Dwarkesh Patel1h 1m

    Tyler Cowen — The #1 bottleneck to AI progress is humans

    Tyler Cowen, Jason Crawford, Heike Larson

    Economist Tyler Cowen argues that AI-driven economic growth will be constrained by non-intelligence bottlenecks such as labor shortages and regulatory inertia, resulting in a modest 0.5% annual boost rather than explosive takeoff. He posits that future success depends on scarce bundles of talent and organizational culture rather than raw intelligence, while noting a divergence where peak human capability is rising even as the middle of the distribution deteriorates. Furthermore, Cowen anticipates the fragmentation of organized social movements like Effective Altruism and advocates for writing primarily for AI training data to secure knowledge accumulation in a shifting geopolitical landscape.

  2. Milken Institute58 min

    Big Tech and Antitrust: Rethinking Competition Policy for the Digital Era

    David Faber, Tyler Cowen, Makan Delrahim, Sally Hubbard, Luigi Zingales

    Justice Department official Makan Delrahim, panelists Luigi Zingales, Sally Hubbard, and Tyler Cowen debated the implications of the AT&T/Time Warner and T-Mobile/Sprint mergers while critiquing Big Tech's "platform privilege" and data monopolies. Critics argued that digital services function as monopolies through advertising control and product replication, challenging Delrahim's assertion that these firms have primarily benefited consumers through innovation and low prices. The discussion concluded by exploring regulatory remedies ranging from data portability and interoperability to potential common carrier status should antitrust enforcement fail to restore competition.