Benjamin Shiller

Associate Professor — Department of Economics — Brandeis University

AI Economics book cover

AI Economics

How Technology Transforms Jobs, Markets, Life, and Our Future

Discover the hidden economic forces reshaping our world. Written to be engaging and easy to follow, AI Economics offers sharp insights into the incentives shaping AI and the digital economy—and the outcomes those incentives create.

About the Book

Artificial intelligence isn't just a shiny new tool. It's a quiet rewrite of the economic rulebook—who gets paid, what things cost, which firms win, and how power shifts when decisions are made by code instead of people.

In AI Economics, economist Benjamin Shiller takes you behind the curtain to see what's actually driving the changes: algorithms that nudge choices, data that acts like a new kind of capital, and automation that doesn't "replace jobs" so much as rearrange the incentives underneath them. Drawing on more than two decades of research and real-world cases, Shiller translates the frontier economics into sharp stories and surprising takeaways—so you can spot what's happening before it shows up in your paycheck, your shopping cart, or your government.

Praise for AI Economics

"Concise, chatty, companionable, ever-so-savvy. There may be a more useful guide to AI out there, but why incur the opportunity cost of searching for it? The first three pages should sell you on this one. I decline most blurb requests but, having covered AI from the jump, this is as good as it gets."

—Paul Solman, (very) longtime Business & Economics Correspondent, PBS NewsHour

"This book represents the best in bringing real research to understand what is happening in our current AI-moment. ... An easy and informative read."

—Joshua Gans, University of Toronto, author of Prediction Machines, Power and Prediction, and The Microeconomics of Artificial Intelligence

Media Coverage

In the AI economy, the 'weirdness premium' will set you apart. Lean into it, says expert on tech change economics

January 16, 2026

What's Inside

The Price Tag is a Lie

Why did the person sitting next to you pay half what you did? Discover how algorithms calculate your exact "pain point" to extract the maximum you can afford—and why the "market price" no longer exists.

The Job Paradox

Why "creative" careers might be doomed while unexpected trades become goldmines. We move past the doom-mongering to reveal the counter-intuitive skills that will actually keep you employed.

The End of Ownership

You clicked "Buy," so why are you still renting? We explore the strange economics of disappearing content and why your digital library might not actually belong to you.

The Aristotle Algorithm

For 2,000 years, the "2-Sigma" problem has plagued education: personal tutoring is superior, but too expensive. See how AI is finally solving an ancient math problem to democratize genius.

The Invisible Judge

Your car insurance knows you're distracted. Your boss knows you're slowing down. We expose the silent scoring systems that are determining your opportunities before you even apply for them.

Beyond the Hype

Forget the sci-fi fantasies. This is a cold, hard look at the economic data to predict where the money, the power, and the automation are actually going next.

About the Author

Benjamin Shiller is an Associate Professor of Economics at Brandeis University, where he teaches courses on big tech, digital markets, and microeconomics. His research on personalized pricing, ad-blocking, and the economics of technological change has been published in leading academic journals and covered in major media outlets. He has studied AI and technological disruption for two decades, and brings both rigorous economic analysis and accessible storytelling to help readers understand the forces reshaping their world.