Q&A with Harvard economist Jason Furman, who consults for OpenAI, on the similarities between the AI boom and the dot-com era, AI's impact on jobs, and more
A leading economist isn't overly concerned about the fallout from the AI bubble bursting, if it happens. But first... Three things to know:
Research: AI's ability to complete lengthy software engineering tasks has doubled roughly every six months, but there is a “messiness tax” for real-world tasks
METR has had a very influential work by Kwa and West et al on measuring AI's ability to complete long tasks. X: @kirillzzy , @boazbaraktcs , @benshindel , @jasonfurman , @jasonfurm...
Research: AI's ability to complete lengthy software engineering tasks has doubled roughly every six months, but there is a “messiness tax” for real-world tasks
METR has had a very influential work by Kwa and West et al on measuring AI's ability to complete long tasks. X: @kirillzzy , @boazbaraktcs , @benshindel , @jasonfurman , @jasonfurm...
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of the US' GDP growth in H1 2025
U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology …
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of the US' GDP growth in H1 2025
U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology …
President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”
- President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.
Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%
Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …
Tech stocks led a broad sell-off: the Nasdaq fell 4%, its sharpest one-day decline since Sept. 2022, with NVDA down 5%, AAPL down 5%, META down 4%, GOOG down 4%
https://www.cnbc.com/... Threads: Vishwanath Sarang Keller / @vishwanathsarangkeller : So much winning! Esther Crawford / @esthercrawford : Looking at the stock market today David ...
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries
'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning P...
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy...
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
Nikhilesh De / CoinDesk :
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required …
FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets
trustless, permissionless, uncensorable crypto—is the only path forward for the future. This week, we grieved. Next week, we build. @cz_binance : What a sh!t show... And it's going...