What the AI boom is doing for Americans – Noah Smith
What the AI boom is doing for AmericansIt’s not just “of, by and for oligarchs”. Noah SmithOct 05, 20262094914SharePaul Krugman is the greatest econ writer in the world, and also a legendary economist. But I sometimes feel that he has a blind spot when it comes to the value of new technologies.
- ▪What the AI boom is doing for AmericansIt’s not just “of, by and for oligarchs”.
- ▪Noah SmithOct 05, 20262094914SharePaul Krugman is the greatest econ writer in the world, and also a legendary economist.
- ▪But I sometimes feel that he has a blind spot when it comes to the value of new technologies.
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Story provenance
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Record
| Original publisher | Hacker News (AI / LLM) |
| Canonical URL | https://www.noahpinion.blog/p/what-the-ai-boom-is-doing-for-americans |
| Publication time | Mon, 05 Oct 2026 16:10:28 +0000 |
| Retrieval time | 2026-10-05T16:22:39.046Z |
| Last seen | 2026-10-05T16:22:39.046Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | UKuyHEEK6tyC · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
What the AI boom is doing for AmericansIt’s not just “of, by and for oligarchs”. Noah SmithOct 05, 20262094914SharePaul Krugman is the greatest econ writer in the world, and also a legendary economist. But I sometimes feel that he has a blind spot when it comes to the value of new technologies. In 1998 he famously wrote:The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.By the time he wrote that, America was already well into an IT-driven productivity…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Hacker News (AI / LLM).
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