How do we best balance security needs for AI labs with broader economic goals of containing Chinese open source models and diffusing AI? Brandon Fuller, Sean Speer and I argue for antitrust exemptions paired with forced open weight releases manhattan.institute/article/an-a...
Arpit Gupta
Arpit Gupta
@arpitrage.bsky.social
Associate Professor of Finance, NYU Stern Newsletter: arpitrage.substack.com Website: arpitgupta.info
16.7K followers1.3K following4.1K posts
Arpit Gupta reposted
Vox's Marina Bolotnikova argues rent control's design determines its harm: strict versions (SF) shrink housing supply, while looser laws with vacancy decontrol and new-construction exemptions—like California's 2019 cap—show no measurable supply loss. www.vox.com/the-highligh...
Arpit Gupta reposted
Property taxes function as embedded leverage, with higher property taxes redistributing housing away from the elderly to the young, from Joshua Coven, Sebastian Golder, Arpit Gupta, and Abdoulaye Ndiaye www.nber.org/papers/w35587
Arpit Gupta reposted
The study in this paper is not nearly strong enough to support the claim and it's driving me nuts. Measured at the congressional district level the paper says it shifted the vote to Harris by 1.5 percent but it doesn't hold at the county level! Not particularly robust.
"In 2024, we found that clean-energy manufacturing lifted Harris’s vote share by roughly 1.5 percentage points—a swing of 2.5 million votes across the 234 districts." www.theatlantic.com/ideas/2026/0...
Arpit Gupta reposted
Replying to @70sbachchan.bsky.social
This is incredible. "Foreign travel now makes up 1.4% of the US consumer spending budget. By contrast, imported Chinese goods make up about 3% of US domestic expenditures. Seems like American travel in Europe got turbocharged with Instagram" - @arpitrage.bsky.social www.wsj.com/economy/the-...
This is week 7 of AI and Finance: AI in the Workforce • Is AI a "Normal" Technology? • How does production need to change to incorporate AI? • What does history say about the nature of disrupted professions and leisure time? arpitrage.substack.com/p/7-ai-a-nor...
Arpit Gupta reposted
Absolute banger on AI, jobs and firms from @arpitrage.bsky.social arpitrage.substack.com/p/7-ai-a-nor...
Arpit Gupta reposted
Want to see in real time what's been happening to public school enrollment in your school district? Through @wheelockpolicybu.bsky.social, we've just released a school enrollment tracker for Massachusetts, allowing you to explore the data yourself. wheelockpolicycenter.org/high-quality...
Arpit Gupta reposted
via @arpitrage.bsky.social, a pied-a-terre tax for unused faculty offices
Arpit Gupta reposted
Arpit Gupta reposted
Replying to @lohplaces.bsky.social
Another great read on this topic with some good ideas from @arpitrage.bsky.social for @vitalcitynyc.bsky.social www.vitalcitynyc.org/mamdani-rent...
The RGB recently voted for a two year rent freeze on NYC rent stabilized housing I was the lone dissenting vote I've written two pieces here; which highlight the challenges of a rent freeze and where to go next www.vitalcitynyc.org/mamdani-rent... cityjournal.substack.com/p/the-high-c...
The Real Deal writes on a proposal of mine to condition rental increases on building conditions in the rent stabilized stock therealdeal.com/new-york/202...
Week six of my class on AI and Finance: Asset Management and Trading • Scaling laws for alpha • Distinguishing between spurious and genuine factors • Who captures value when markets get more efficient arpitrage.substack.com/p/6-signal-a...
Arpit Gupta reposted
@arpitrage.bsky.social: "The opportunity for New York lies in becoming the primary destination for firms seeking to build the plumbing and deployment for AI across these different domains." www.vitalcitynyc.org/ai-economic-...
Everyone is worried that AI will do to white collar jobs what automation did to blue collar work in the 70s. Fair concern! But the city has two big moats: regulation and proprietary data. My case for NYC as the capital of Applied AI in Vital City: www.vitalcitynyc.org/ai-economic-...
Arpit Gupta reposted