#108 - Dr. Matt Clancy - The Economics of Innovation, AI, and Collaboration

Directionally Correct podcast has a NEW sponsor One Model! Check them out here: https://www.onemodel.co/directionallycorrect Help support the podcast Your support will help the podcast cover the costs of producing and distributing our podcast, while getting special premium access to the hosts. Please become a patron of Directionally Correct by going here: https://patron.podbean.com/directionallycorrect Thank you for your support! In this episode of Directionally Correct, host Cole & Scott dives into the intricacies of innovation and the ethical use of AI with guest Matt Clancy, a Research Fellow at Open Philanthropy. They explore how AI is reshaping the landscape of innovation, discussing both the benefits and potential downsides of having machines assist in creative processes. Matt shares insights from his Substack, What's New Under the Sun, and discusses the unique challenges remote work presents to innovation, especially in non-central locations like Iowa. Is the push for a return to office truly driven by innovation needs, or are other, more pragmatic forces at play? Moreover, they delve into the murky waters of scientific fraud within academia, probing the incentives that may lead researchers astray. Listeners will also hear about the role of remote work in academia and beyond, as well as the potential pratfalls and promises of AI in assisting high-skill roles. This episode is packed with Matt's firsthand experiences and thoughtful analysis, offering a comprehensive look into the state of innovation in today's rapidly changing world. Transmission of mental disorders in networks Collaboration, proximity, and serendipitous encounters Are exit surveys more honest than regulars surveys