[instagraham]

Someone was building a similar one where AI agents run economies. I feel like it's a great way to quickly prototype different economic models and their effects.

Eventually we could have live demos of policy interventions the same day as they're announced

[tsimionescu]

While this might be fun, it definitely wouldn't be plausible for economic modeling. LLMs aren't companies and people, they won't behave as a real economy does, or even any decent approximation, even if you could orchestrate a few million agents. For example, a real human, if you were to ask them a complex question that requires deep web searches, data corroboration, etc would ask for recompense before doing any of the work, while an LLM will just do it. I think this alone suggests how well they would model real economic agents.

[Nicholas_C]

Do you have a link to this? Sounds very interesting.

Another idea I had was simulating an entire town with an LLM representing each person, which sounds somewhat similar.