Brad DeLong's Grasping Reality • 130 implied HN points • 24 Jun 25
- AI tools like GPT are not as powerful as some say; they're more like useful spreadsheets than super intelligent machines. This means their impact on the economy is real but not world-changing.
- The benefits of AI on human welfare will be positive but limited. It's important to use AI wisely and not let it distract us.
- AI models are great for processing language, but they aren't complex enough to be truly revolutionary. They function similarly to simple input-output machines rather than groundbreaking technologies.