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Austan Goolsbee: evaluation

25 Jun 2025 Conversations with Tyler Austan Goolsbee on Central Banking as a Data Dog

“You would look and say, “No, look, this is better than it used to be, but I can tell this isn’t a typewriter.”

— Austan Goolsbee

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Speaker
Austan Goolsbee
Attribution
Verified speaker
Claim type
evaluation
Recorded
25 Jun 2025
Publisher
Conversations with Tyler

Transcript context

…Sure. The thing is, the essence was adding more and more dots, and the advocates of dot-matrix printers would say, “There’re so many dots. You can’t even tell that this is not a typewriter.” Only, the thing is, you could. You would look and say, “No, look, this is better than it used to be, but I can tell this isn’t a typewriter. ” “No, you can’t.” Then he says, “No, you can’t. It’s indistinguishable.” If I say to AI’s biggest advocates, “Here have been some exciting use cases, but here have been ones that I’ve found troubling.” If your first reaction is to say, “Well, what version did you use?” That’s, to me, kind of the dot-matrix printer problem. If you’re going to steer me to o1 Pro, all we’re going to identify is that I’m too cheap to shell out the money for the higher and higher levels. The Fed won’t pay it for you?…

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