Rob Seamans (@robseamans) header
Rob Seamans (@robseamans) profile picture

Professor @NYUStern; Director @NYUSternCFM; former Obama CEA Senior Economist for tech & innovation; research on AI, robots, entrepreneurship, strategy

NYC
Joined February 2009
Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)Photo by Rob Seamans (@robseamans)
1/ Some of the earliest signs of how AI is changing work may be hiding in freelance job postings. Freelance projects are often short, and clients can update job postings as their needs shift. New OpenAI research with Upwork examines those shifts. 🧵 openai.com/index/ai-effect-o…
4
16
6
113
9,843
Rob Seamans retweeted
I'm looking for a postdoc to work on AI for science and related topics for the 2027-28 academic year. Details here: aeaweb.org/joe/listing.php?J…
1
45
2
121
14,231
Rob Seamans retweeted
Charts! Employers added 165,000 jobs in October, and August/September were revised up. All together, the three month average of job growth hit 137,000, up from 51k before the report (meaning, before both the October data and the revisions).
U.S. employers added 165,000 jobs in October and the unemployment rate ticked down to 4.1 percent. Data: bls.gov/news.release/empsit.… Full coverage: nytimes.com/live/2026/11/06/…
1
6
28
3,198
Rob Seamans retweeted
Charts! Given the lack of an official year-over-year number, I'll start with the three-month average: Prices have risen at an annual rate of 5.7 percent over the past three months, the highest since last spring. "Core" prices are rising at a 3.7 percent rate.
U.S. consumer prices rose 0.4%in October. No official year-over-year (because of shutdown last October), but approximately 4.0%. Excluding food/energy: +0.3% month-over-month, 2.8% year/year. Data: bls.gov/news.release/cpi.nr0… Full coverage: nytimes.com/live/2026/11/10/…
2
10
23
4,847
Coffee, Bacon Egg & Cheese, Hash Browns. #OCD
1
4
354
Rob Seamans retweeted
New piece on the economics of the AI buildout based on running it through the Fed's FRB/US model. Short version: The stock market increase has been an even bigger deal than the actual infrastructure build. Will share more later. econvitals.org/posts/2026-11…
12
26
4
139
18,846
When I started this job, many people told me not to bother focusing on current data because everything was changing too quickly. I disagreed. Policymakers, business leaders and anyone making real decisions need actual data not just predictions. This is why my team prioritizes careful data analysis like @Alex_M_Richmond's Job Transition Framework. This work has now been used by the Federal Reserve Bank of Philadelphia to examine which workers in its district may be most vulnerable, and by the World Bank to do the same in Turkey. The evidence will evolve. But decisions are being made now, and good research can make them better. Philadelphia Federal Reserve Bank: philadelphiafed.org/communit… World Bank:docs.iza.org/dp19026.pdf
12
1
68
5,977
Rob Seamans retweeted
Any way you slice it, U.S. payroll growth is picking up after a near stall last summer.
The U.S. saw strong headline payroll growth (+165K) in October with upward revisions to August and September (+84K combined) The unemployment rate ticked down by 0.03 pp to 4.14%
33
92
17
434
86,181
Yet more evidence that AI is changing how we work, not eliminating jobs.
If you pay attention to numbers obsessively day-to-day you can miss the bigger picture. And the bigger picture is that this might be the best--or among the best--job markets we've ever had--as measured by delivering jobs for people that want them.
1
1
13
1,354
Rob Seamans retweeted
Average hourly earnings rose a bit more quickly, up 0.4 percent from September and 3.1 percent from a year earlier. But that still almost certainly lagged behind inflation on a year-over-year basis. (We get updated CPI data on Tuesday.)
1
6
1,182
Rob Seamans retweeted
August and September both revised up, by a combined 84,000 jobs.
1
2
6
1,683
Rob Seamans retweeted
U.S. employers added 165,000 jobs in October and the unemployment rate ticked down to 4.1 percent. Data: bls.gov/news.release/empsit.… Full coverage: nytimes.com/live/2026/11/06/…
4
7
1
11
5,822
Rob Seamans retweeted
Payroll employment rises by 165,000 in October; unemployment rate changes little at 4.1% bls.gov/news.release/empsit.… #JobsReport #BLSdata
14
17
11
23
6,980
Rob Seamans retweeted
1/ Exciting news. The @uscensusbureau has started asking US firms whether *their employees* are using generative AI for work-related tasks, not just overall business AI usage. We'll get data every 2 weeks.
5
18
3
128
16,184
Rob Seamans retweeted
1. US business sector productivity growth was 2.1% over the year ending 2026 Q3. That's solid. 2. If you think of trend productivity growth as ~1-1.5%, we running +0.5-1pp higher at the moment. Again, that's good news. 3. For perspective, at the height of the dot com boom (1999-2000), productivity growth was running about +2pp higher annually. This premium had completely faded by ~2005. So we're at 1/4 - 1/2 of peak dot com boom effect. 4. I would put next to no weight on quarter-to-quarter productivity growth. It's very noisy. 5. Productivity growth was stronger in 2023, when AI capabilities were far lower but AI capex was accelerating precipitously. That should tell us something. 6. There are probably other factors besides AI affecting short-run measured US productivity as well, including knock-ons from US policy choices made during the pandemic, the high-churn labor market of 2022, and large shifts in immigration flows. 7. Measures of TFP growth from Fernald and BLS are weak, suggesting to the extent AI is a factor, it's not primarily through task- or worker-level productivity effects (but TFP has to be estimated so take it with many grains of salt). More from @Stripe Economics here: stripeeconomics.com/p/ai-and…
Evidence is growing that we’re turning the corner on productivity. US productivity grew at a 3.6% annual rate this past quarter. That’s more than double the 1.5% average from 2007-2019. The new numbers put me further ahead for my bet with Bob Gordon about productivity growth in the 2020s. 💪 Here’s how far the US is now ahead of the CBO estimate at the start of the decade (before they knew about the pandemic or LLMs) courtesy of @jasonfurman’s Econvitals.
11
51
5
516
125,668
A few high-level notes on the paper: 1. We ask where the marginal value of work AI cannot yet do may rise as AI speeds up the rest of the job. - Such work can become a bottleneck, especially where more of the surrounding tasks in a job can be done by AI. We call this "bottleneck pressure." 2. Using a task-based framework, we show that for an AI-infeasible task, this pressure is simply the exposure of the occupation posting it. - So you get a new, theory-derived measure that potentially shows where AI could raise the marginal value of work it cannot yet perform. 3. The magic happens at the task level. The same task has different bottleneck pressure in different jobs. 4. To take this measure to the data, we map 288 million U.S. job postings from 2018 to mid-2026 to O*NET tasks and use their GPT-4 feasibility ratings from Eloundou, @sj_manning, Mishkin, and @danielrock's "GPTs are GPTs" (2024). 5. O*NET can be a very coarse proxy for advertised work. - About 90% of the task mentions matched from postings fall outside the posting occupation's own O*NET list, although those statements themselves come from O*NET. 6. Indeed, about 53% of mention-weighted variation in pressure on AI-infeasible work lies within tasks, across occupations. 7. In every year, AI-infeasible tasks within occupations faced more pressure, on average, in senior than junior postings, about 6.5 percent more in the first half of 2026. 8. Over the full sample, mean occupation pressure rose from 17.6 to 18.7, or by 6 percent, about 75% from task mentions shifting toward higher-pressure occupations. (Thank you to @robseamans for pushing me to do 7 and 8!) Overall, reporting bottleneck pressure alongside exposure shows where improving the work AI cannot do may pay off more as capabilities expand.
Very happy to share a new paper, “Technology Bottlenecks: Measuring Where AI Could Raise the Value of Work It Cannot Yet Do.” AI exposure measures ask about the work AI is capable of doing. We ask instead where the marginal value of work AI cannot yet do may rise as AI speeds up the rest of the job. To do so, we employ 288 million U.S. job postings mapped line by line to their closest O*NET tasks and GPT-4 feasibility ratings from Eloundou et al. (2024) to construct a measure, “bottleneck pressure,” for each task in each occupation that posts it. Using a simple task-based framework, we derive this pressure at the task level, showing that for an AI-infeasible task it is the exposure of the occupation that posts it, so the same task can face very different bottleneck pressure in different jobs. Reporting bottleneck pressure alongside AI exposure shows both the scope for AI to perform work and where improving the work it cannot do may pay off more as capabilities expand.
3
2
9
810
Rob Seamans retweeted
New paper with @ProkopetsJake and Raymond Kim!! Every scientific paper has TWO teams. One is listed on the title page. The other is invisible: colleagues who challenge ideas, catch mistakes, and help make the research better. Our new paper suggests AI may be making that invisible team smaller.🧵
10
29
2
132
14,433
Rob Seamans retweeted
“I don’t want to be just sitting there for two years vetoing everything.” President Donald Trump picked up a call from @DashaBurns on POLITICO Elections Live and talked to us about the blue wave and how he’s willing to work with incoming congressional Democrats.  Watch live now: politi.co/4AgCofb
571
2,964
1,097
35,656
10,328,091