AI agents convert compute capital into cognitive labor units, so on substitutable tasks the competitive human wage is bounded above by relative productivity times compute intensity times the rental rate of compute.
Experimental evidence on the productivity effects of generative artificial intelligence
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Who Prices Cognitive Labor in the Age of Agents? Compute-Anchored Wages
AI agents convert compute capital into cognitive labor units, so on substitutable tasks the competitive human wage is bounded above by relative productivity times compute intensity times the rental rate of compute.