Basil Halperin
basilhalperin.com
Basil Halperin
@basilhalperin.com
Assistant professor of economics @ UVA

basilhalperin.com
For more, check out the website: stripe.events/fellowship

We invite graduate students and early-career researchers who are interested in studying the economics of AI to apply – ***regardless of prior experience working on the topic*** #econsky
March 28, 2025 at 3:24 PM
I very much wish to thank Patrick Collison, Emily Glassberg Sands, and the team at Stripe for their generous support of this initiative – I am honored to be a part of it
March 28, 2025 at 3:24 PM
We welcome researchers interested in any aspect of the economics of AI, broadly defined. We are particularly interested in research that:
1. is focused on the economics of *transformative* AI
2. is forward-looking
3. is expected to be of durable importance, and
4. moves fast :)
March 28, 2025 at 3:24 PM
What you’ll get:
– $10k, and you should ask for more if you have a reason
– a conference in SF in a few months with senior economists and AI developers
– opportunity to access Stripe data and/or work with its customers
– a community of fellow nerds
March 28, 2025 at 3:24 PM
(thanks for these great posts!)
February 26, 2025 at 1:03 AM
Anyway Tom’s post is very poetic and deeply resonant personally with my own experience pushing Greek letters around, check it out
February 17, 2025 at 6:45 PM
“When I’m trying to concentrate on something my weasel thinks of something I could order on Amazon.”

During the worst periods of modeling ( = early in a project) I have to block everything – not just the news or the blogs or the obvious stuff, but Amazon, Instacart, Wikipedia...
February 17, 2025 at 6:45 PM
“On a good day it’s like swimming in cold water. I don’t want to get in but once I’m in I don’t want to get out.”
February 17, 2025 at 6:45 PM
“If it’s writing or programming I can just bring up a window and type away. If it’s deriving things then my mind is constantly drifting”

[more I would say about this^ offline]
February 17, 2025 at 6:45 PM
Tom relatedly talks about a jungle metaphor: “When you’re programming you get incremental feedback: you can see the mountain peak and you’re slowly getting closer to it. With proofs you’re going through the jungle and you don’t know if you’re getting closer or farther away...”
February 17, 2025 at 6:45 PM
You might be trying to explore an infinite, pitch black space of zero value…
…or the light switch might be 1 foot in front of your face.

It’s so hard to tell! The cold uncaring uncertainty is what drives you [rather, me] mad
February 17, 2025 at 6:45 PM
- …or maybe you even find a wall, but you feel and feel over the wall, you haven't found a light switch yet, you don't know if you should keep searching here or go try to find another wall
- …or there may be no walls, no light switches in ANY direction!
February 17, 2025 at 6:45 PM
- but the nearest wall might not be in that direction
- …or there might not be any wall in that direction, you may be stumbling into nothingness, forever
February 17, 2025 at 6:45 PM
Doing theory research is like:
- being in a dark room trying to find a light switch
- sticking out your hand, hoping to bump into a wall first, to then grope towards a light switch
- and not knowing which direction to walk to find the nearest wall – randomly picking a direction…
February 17, 2025 at 6:45 PM
Funnily enough, the metaphor I’ve always felt for the process of doing theory is also about a dark room, but somewhat different:
February 17, 2025 at 6:45 PM
won't someone think of the predoc wages 😞
January 5, 2025 at 9:15 PM
Tbf econ has gone pretty far in this direction already
January 5, 2025 at 6:56 PM
I like the optimism but — meetings/emails/grants, famously the parts of the job that profs love the most!
January 5, 2025 at 6:55 PM
If only there had been an untweeted control session 😩
January 4, 2025 at 5:16 AM
need an RCT to know whether tweeting about an AEA session actually increases attendance:

***Policy implications of transformative AI*** -- for those interested in AI, policy, or their intersection... tomorrow at 2:30!
January 2, 2025 at 8:49 PM