Ryan Cummings
Ryan Cummings is an economist who served as Chief of Staff at the Stanford Institute for Economic Policy Research (SIEPR) and is completing his PhD in economics at the University of Washington. He previously worked as a Staff Economist at the White House Council of Economic Advisers from 2021 to 2023, covering macroeconomics, finance, and energy markets, and served as an economic adviser to Brian Deese at MIT's Center for Energy and Environmental Policy Research. His research focuses on the dynamics of oil and gas markets during the energy transition.
“A new analysis from two Stanford economists finds a nearly $1 trillion gap between spending from the hyperscalers and the revenue they have taken in from AI since 2024.”
“I do think there will be trillions of dollars of profits that are up for grabs in the future, but just not in this super-accelerated timeline that is required to justify the investments.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.