The Measurement Revolution? Credible Measurement and Inference in the Age of AI
Artificial intelligence (AI) is transforming measurement in economics. AI models convert unstructured data, such as text and images, into structured variables at low cost, making previously prohibitive measurement feasible at scale. This shifts the bottleneck from finding any scalable measure of a phenomenon to choosing among many plausible ones, which may support different empirical conclusions.…
We haven't written up this one. arXiv cs.AI has the full story — the link below goes straight to it.
