Trevor Wagener
@econwags
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Chief Economist & Director of Research Center @ccianet, https://t.co/GEQGRMy9oF; Fmr Dep Chief Economist @StateDept Views my own, RTs/likes not endorsements
Washington, DC
Joined March 2021
In 2016, the "Godfather of AI" said radiologists would be obsolete within 5 years. Today? Radiology staff at the Mayo Clinic is UP 55%. It’s the "ATM Paradox" all over again: more automation ≠ fewer jobs. What does history tell us about the future of work w/ AI? (Link below)
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The answer is more nuanced than utopia or ruin:
ccianet.org
Every technological revolution brings understandable fears about the imminent obsolescence of human workers’ skills. Today, that alarm has spiked with rapid
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BIG NEWS: Fair use is now a $4.9 TRILLION economic engine. New study finds fair use industries account for: 🔹 18% of U.S. GDP 🔹 22 million jobs (1 in 7 workers) 🔹 $530 billion in exports Flexible copyright isn't just a legal concept—it's fueling American innovation. 🚀
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🚨 New data: Federal preemption of state AI laws isn't just about reducing red tape. It’s a $600 BILLION fiscal opportunity. By harmonizing regulations, the U.S. could secure a massive Abundance Dividend through 2035 via increased productivity and federal tax receipts. Link ⬇️
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The future isn't coming; it's already here. 🗓️Among all U.S. adults, daily use is up to 17%. 📈77% of GenAI users have a favorable impression. 💻Personal use of GenAI tools is exceeding work use by a ~2:1 ratio. See the full report from @ccianet: https://t.co/L6mCRutxuL
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History made. 🚨 Generative AI has surpassed the car, the internet, and the smartphone to become the fastest-adopted general purpose technology in modern history. Less than 3 years in: 🤖 60% of US adults use it 💼 40% use it for work ⚡️ Productivity for work users is up 15%.
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“If regulation worked, you’d notice the benefits.” Under the Digital Markets Act, Europeans are noticing changes: ⏳ more time 🖱️ more clicks 😣 more friction What they aren’t seeing: better prices, better privacy, or better alternatives. See my full analysis below⬇️
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European consumers and business users report significant costs from the Digital Markets Act, but benefits haven't materialized, per a new analysis by CCIA Chief Economist Trevor Wagener (@econwags). https://t.co/QtLKblb04d
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Streamers should let their UK viewers know their participation in the livestreaming community is at risk! @IbaiLlanos @KaiCenat @Ninja @tommyinnit @Mongraal @TubboLive
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A new survey reveals that about 90% of the total value assigned to live streaming came from interactive and community features such as chat and reactions, essential features for people under-18.
ccianet.org
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Halloween horror: UK regulator could ban teenagers engaging with videogame livestreams. @Ofcom is considering new measures that could restrict livestreaming interactions for under-18 year olds. 🎃👻
ccianet.org
London – A new survey of UK residents finds that livestreaming has become one of the UK’s most valued and socially engaging forms of digital media, worth more
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Requiring government-issued ID or a face scan to use an app store would lock out many users who should have access to apps while creating a major data breach target for bad actors, and savvy teens can still evade controls. Read my full analysis at the link in the next tweet.
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The latter is the right framing for today’s debate over artificial intelligence. My new article explores how AI will boost productivity, reduce costs and prices for consumers, reallocate tasks among jobs, and boost labor compensation in a richer economy.
ccianet.org
Picture America in 1905. Horse-drawn carriages still clip-clop down Main Street. A few noisy contraptions sputter by, derided as rich men’s toys. Within a
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In 1905, horse-drawn carriages clip-clop down Main Street. Within a generation, the car rewires the economy by adding millions of new professions that never existed during the buggy era. Do we mourn lost buggy-whip manufacturers, or celebrate the gains that the car era unlocked?
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Lower courts ruled that an internet access provider is liable for the actions of its users if it does not terminate their accounts after receiving multiple complaints from copyright holders, and Cox was hit with $1B in damages for at most $692k in harms. https://t.co/ASP4jF5cwX
ccianet.org
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