Scaling Laws for Economic Impacts: Experimental Evidence from 500 Professionals and 13 LLMs
By Ali Merali
Experimental study with 500+ professionals testing 13 LLMs of varying compute levels on real tasks. Finds each year of frontier progress reduces task completion time by ~8% (56% from compute scaling, 44% algorithmic). Key puzzle: human-AI collaborative output quality stays flat despite improving models, suggesting users cap realized gains.