James Broughel is an economist focused on the economics of regulation. While Professors Acemolgu and Johnson are probably correct that OpenAI and its partner Microsoft are now prioritizing profits ...

OpenAI’s week of good news keeps getting better.After releasing an initial version of its o1 reasoning model, o1-preview, ...

Our podcast on markets, the economy and business. This week, why the shuffle at artificial-intelligence darling OpenAI is so consequential Our podcast on science and technology. This week ...

This looks like a fundamental change in the business model for AI. Most software operates on a large upfront cost, then sold ...

less than one year after the debut of OpenAI’s ChatGPT. But so are the risks from an economic standpoint, according to economist Andrew Busch. “There’s a lot of great things going on with ...

The response comes a few days after The Economist published an op-ed by former OpenAI board members Helen Toner and Tasha McCauley, who criticized CEO Sam Altman and OpenAI's safety practices ...

Nick Bunker, an economist at the Indeed Hiring Lab ... AI really burst into public consciousness in 2022, when OpenAI introduced ChatGPT, the generative AI tool that can conduct conversations ...

President Donald Trump reiterated plans to impose a blanket tariff of up to 20% on imports and up to 60% or 100% on goods ...

"Consumers should feel good about [an interest rate reduction] but it's not going to deliver sizeable immediate relief," said ...

Verizon has agreed to acquire US fibre internet provider Frontier Communications in an all-cash transaction valued at $20bn ...

Nick Bunker, an economist at the Indeed Hiring Lab ... AI really burst into public consciousness in 2022, when OpenAI introduced ChatGPT, the generative AI tool that can conduct conversations, write ...