Andrey Fradkin(@AndreyFradkin):This Hall & Jones paper is a favorite. People want to spend more on healthcare as they get richer. We should expect that healthcare as a percentage of spending should continue to increase as AI gets better. A year of life is a lot more valuable than a marginal unit of material consumption.

Andrey Fradkin

@AndreyFradkin

Prof @BUQuestrom, visiting Stanford @DigEconLab, co-host Justified Posteriors. Study econ of AI, climber, immigrant, nerd dinner convener. Advisor @RefineDotInk

Joined December 2010

2.7K Following 4.2K Followers

Andrey Fradkin@AndreyFradkin

2026.10.12 14:06

This Hall & Jones paper is a favorite. People want to spend more on healthcare as they get richer. We should expect that healthcare as a percentage of spending should continue to increase as AI gets better. A year of life is a lot more valuable than a marginal unit of material consumption.