Stuart Mills
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stuartmills.bsky.social
Stuart Mills
@stuartmills.bsky.social
Assistant Professor of Economics at the University of Leeds. Visiting Fellow of Behavioural Science at the LSE. Interested in Digital Economy + Behaviour + Political Economy. All views are my own.

Website: siu2lh.com
Reposted by Stuart Mills
"One feature of capitalism is its ability to create work for people to do. A world without work is incompatible with capitalism," says me in this piece on AI and job loss - heartening to see a link to my book here www.dazeddigital.com/life-culture...
‘They said it was more cost effective’: The young workers replaced by AI
In recent years, the AI boom has sparked global panic about long-term job security. For an unlucky few, AI has come for their jobs already
www.dazeddigital.com
November 7, 2025 at 10:53 AM
Something I'm working on:

1) On average, only 9% of US firms were using any form of AI to produce products in September

2) US firms are consistently overestimate the rates of AI adoption (dotted line)

3) Expectations are maybe(?) starting to outpace reality...
November 7, 2025 at 9:21 AM
This is precisely it. We are living in an era of commoditised conflict, where local conflicts can now have global effects, conflict itself can be more ambiguous, and expensive prestige weapons are increasingly for show.
November 7, 2025 at 8:18 AM
Nice to be quoted alongside stalwarts like Gary Marcus and Carl Benedikt Frey in this article about the AI bubble. I'm not sure I think AI companies *should* raise prices, only that I think they will *have* to.

www.dw.com/en/will-the-...
Will the AI bubble burst as investors grow wary of returns? – DW – 11/06/2025
Billions have poured into AI, helping stock valuations soar. But the cracks are starting to show. Slowing adoption, surging costs and elusive profits are fueling warnings that the boom may be headed f...
www.dw.com
November 7, 2025 at 8:07 AM
This reads more like Rogoff advertising his books than him making some profound comment about the state of economics discourse.
October 27, 2025 at 10:10 AM
Data suggest generative AI is being used for backroom firm activities, rather than on the frontline. Adoption rates imply low productivity returns, too, which is also consistent with backroom rather than frontline applications. Some thoughts from my ongoing research:

siu2lh.com/articles/wha...
What's AI's 9-to-5?
siu2lh.com
October 26, 2025 at 4:04 PM
When people talk about AI boosting productivity, do they ever account for the time lost now that every website on the internet has to have an 'are you human?' check which depends entirely on whether Cloudlfare decided to switch their servers on today?
October 22, 2025 at 9:43 AM
The US military took 15 years to restructure itself around IT. When they did, they followed Soviet ideas.

The Soviets lacked IT, so needed to predict how the US would use IT, to learn how to counter them.

Jumping head-first into AI means you're likely to get concussion.

siu2lh.com/articles/how...
How the Soviets Beat the American's Computer Game
siu2lh.com
October 13, 2025 at 3:53 PM
Right now, a smart government would be massively investing in publicly owned renewables, supported by commitments to domestic manufacturing and nationalised steel production. They'd be talking about driving the price of electricity in the UK to zero, and labelling anti net zero an energy tax.
October 12, 2025 at 11:58 AM
Is generative AI profitable? Probably not.
Would businesses pay more for it? Also no.
Is it politically useful? Yes.
Would politicians pay a lot for it? Also yes.

New paper with @richardrwhittle.bsky.social

papers.ssrn.com/sol3/papers....
The Price for Promises: The Generative AI Pricing Problem and the Role of the Public Sector
<div> Since 2022, the AI industry has pursued a blitzscaling strategy. Supported by venture capital (VC) funding, many AI companies have charged substantially
papers.ssrn.com
October 11, 2025 at 7:56 PM
This would be an enormous mistake for the UK and an error of judgement which will only compound as climate change bites. Gross negligence on the part of our politicians to bet the house on this stuff. Selling out our future for today's naive delusions.
We're going to act as storage for US high energy, high water usage cloud data banks. 7.500 jobs for 150 billion investment - I think ITV News last night - means it will mostly be automated.
It will end up being costly for our water and energy.
September 19, 2025 at 7:31 AM
Reposted by Stuart Mills
10,000 have joined us as paid-up members!

Some people have experienced issues due to such high traffic!

It is a safe and secure platform so please keep trying: www.yourparty-membership.uk
September 18, 2025 at 10:53 AM
Last week, I spoke to the BBC about contactless payments. I appreciated them reaching out to me, and they quoted me in their subsequent article. It's a reasonably normal thing which happens every now and then.

www.bbc.com/news/article...
Spending without thinking is a risk with unlimited contactless cards
Spontaneous spending is likely to rise if the £100 limit on contactless cards is scrapped, academics say.
www.bbc.com
September 18, 2025 at 12:13 PM
Reposted by Stuart Mills
Last week I wrote to Coventry City Council about their £500,000 contract with Palantir.

Palantir is a partner in Israel’s genocide in Gaza, collaborates with ICE in the US & is embedded in our NHS.

Coventry (& the NHS) must divest from genocide & protect jobs, services & data.
September 7, 2025 at 11:55 PM
The rumour is OpenAI and co. are seeking revenue splits from retailers as a way of making their products profitable. This raises big concerns about dark patterns and online manipulation. A whole new frontier for consumer protection. Some of my thoughts below.

theconversation.com/openai-looks...
OpenAI looks to online advertising deal – AI-driven ads will be hard for consumers to spot
What consumers need to known about OpenAI and Shopify working together.
theconversation.com
September 4, 2025 at 1:06 PM
I increasingly struggle to separate the AI productivity debate from the computer productivity debate of the 1990s. Actually, I think it's all still the same debate. Some initial thoughts on what I think will become something more substantial:

siu2lh.com/articles/are...
Are Computers Actually Useful?
siu2lh.com
August 29, 2025 at 12:30 PM
Reposted by Stuart Mills
Again, I have some mild concerns about universities paying for unrestricted access to this technology to every single undergraduate on campus!
Holy fucking shit
August 27, 2025 at 4:37 AM
Reposted by Stuart Mills
I think this is a larger pattern:
"AI" allows you to roleplay competence.
tante.cc tante @tante.cc · Aug 19
I think the Vibecoding reddit has accidentally stumbled on the best description of vibecoding:

It's "roleplay for guys [it is always guys] who want to feel like hackers without doing the hard part".

#ai #vibecoding
August 19, 2025 at 7:51 AM
This received quite a positive response so I wrote the paper.
Comments are welcome.

papers.ssrn.com/sol3/papers....
August 15, 2025 at 3:38 PM
AI models downplay women's health issues. This is an important result, and one which should seriously temper calls to introduce AI into public life.

www.theguardian.com/technology/2...
AI tools used by English councils downplay women’s health issues, study finds
Exclusive: LSE research finds risk of gender bias in care decisions made based on AI summaries of case notes
www.theguardian.com
August 11, 2025 at 11:32 AM
Reposted by Stuart Mills
Letter of the day (in the Times)
August 11, 2025 at 8:00 AM
Reposted by Stuart Mills
truly abhorrent, and for a labour party to be doing this. it should be unconscionable. the UK needs jeremy corbyn and zarah sultana’s new party more than ever.
🚨 BREAKING | Labour is set to impose a sweeping ban on trans people using any "single-sex space".

In EHRC guidance that Labour is set to approve, trans people will be barred from accessing toilets, gyms and changing rooms that match their gender.

(Source: @TheTimes)
August 8, 2025 at 3:56 PM
Reposted by Stuart Mills
If you think A.I. will solve your problems, you don't understand technology and you don't understand your problems.
August 4, 2025 at 10:54 PM
Reposted by Stuart Mills
I laughed so hard I thought I was going to cough up an organ. Every line is gold.
In the Future All Food Will Be Cooked in a Microwave, and if You Can’t Deal With That Then You Need to Get Out of the Kitchen
As a restaurant owner – I’m astounded at the rate of progress since microwaves were released a few short years ago. Today’s microwave can cook a frozen burrito. Tomorrow’s m…
www.colincornaby.me
August 4, 2025 at 11:06 PM