Maximilian Kasy

Maximilian Kasy

@maxkasy.bsky.social

Econ prof at Oxford. Machine learning, politics, econometrics, inequality, random reading recs. maxkasy.github.io/home/

5.9K followers860 following206 posts

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Maximilian Kasy reposted

Helpful info from EFIP member Max Kasy. #economics #inequality #EFIP

Maximilian Kasy@maxkasy.bsky.social

How are modern language models trained? New slides for my ML course: maxkasy.github.io/home/files/t... All course materials available here: maxkasy.github.io/home/ML_Oxfo...

Maximilian Kasy reposted

⏰Event happening tomorrow⏰ On 21 October, we are delighted to host a talk with Prof Michael Jordan (University of California, Berkeley) who will present ‘A collectivist, economic perspective on AI’. Join for drinks in the Staff Common Room, 5th floor Old Building, LSE afterwards! 🔗 bit.ly/3VaAGwG

Maximilian Kasy reposted

Maximilian Kasy reposted

Replying to @maxkasy.bsky.social

This creates opportunities for local / democratic control: - Take open-weight foundation models - Fine tune for local / democratically chosen objectives using RL. Here some useful reading recs: 2/5

Maximilian Kasy reposted

Thread: Key developments in AI / LLMs 1. reinforcement learning (RL, from human feedback or verifiable rewards), 2. open weight models; some based on distillation of commercial models, not far behind commercial alternatives. 1/5

aeaweb.orgThe Emerging Market for Intelligence: How Firms Buy and Sell AI(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…

Thread: Key developments in AI / LLMs 1. reinforcement learning (RL, from human feedback or verifiable rewards), 2. open weight models; some based on distillation of commercial models, not far behind commercial alternatives. 1/5

aeaweb.orgThe Emerging Market for Intelligence: How Firms Buy and Sell AI(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…
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Thread: Key developments in AI / LLMs 1. reinforcement learning (RL, from human feedback or verifiable rewards), 2. open weight models; some based on distillation of commercial models, not far behind commercial alternatives. 1/5

aeaweb.orgThe Emerging Market for Intelligence: How Firms Buy and Sell AI(Summer 2026) - We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from…

This creates opportunities for local / democratic control: - Take open-weight foundation models - Fine tune for local / democratically chosen objectives using RL. Here some useful reading recs: 2/5

Maximilian Kasy reposted

Maximilian Kasy reposted

A guide for economists writing a literature review who want to summarize evidence, incorporate covariates, and adjust for selectivity, from Peter Ganong, Avik Garg, and Maximilian Kasy www.nber.org/papers/w35403

eliminate business political power 1) over government, which is forced to maintain "business confidence" to avoid slumps, and 2) over workers, for whom the threat of unemployment serves as disciplining device. What if #basicincome or #jobguarantee would blunt these threats? 2/2

Maximilian Kasy reposted

So, naive question about these campuses that pay OpenAI $13mil/yr. Why don’t they pour that money into a cluster running the strongest available open-weight model, with API and interactive options. And if the answer is “overhead,” why aren’t we collaborating?

Last day of frontier talks!

Maximilian Kasy@maxkasy.bsky.social

📆 Only 2 weeks to go until our workshop!!! 📆 "AI and the political economy of information filtering" maxkasy.github.io/home/informa... Open to all; register for partcipation (online/in-person) here: docs.google.com/forms/d/e/1F...

Starting on Monday!

Maximilian Kasy@maxkasy.bsky.social

📆 Only 2 weeks to go until our workshop!!! 📆 "AI and the political economy of information filtering" maxkasy.github.io/home/informa... Open to all; register for partcipation (online/in-person) here: docs.google.com/forms/d/e/1F...