AI-Powered Business Formation
Are generative AI tools spurring a boom in solo businesses operated by a single person? Steven DAvis chats with Liya Palagashvilli about why, as a matter of economics, it’s plausible that generative AI tools make it easier to operate solo businesses. They then turn to Liya’s evidence, which suggests that AI has helped spur the growth of one-person businesses since 2024 in the United States. They close with a discussion of how this development should inform our thinking about labor market policies.Join our newsletter to get more commentary like this from leading experts on economic developments and their ramifications: https://www.hoover.org/podcasts/economics-applied?utm_source=youtube&utm_medium=description&utm_campaign=ea_youtube&utm_content=08052026
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