type here...

Eli Orbach

Eli Orbach is a student at Phillips Exeter Academy and an intern at ProMarket. He serves as President of the Exeter Economics Association, which has consistently been ranked among the top high school economics clubs in the United States. In addition, he serves as Co-Chair of the Center on Economic Policy at the Los Altos Institution. His interest primarily lies in technological diffusion and its impediments.
Commentary

A Decentralized Education System Risks Slowing the Adoption of GenAI to the Harm of Students

Eli Orbach
Eli Orbach examines how the United States’s decentralized education system impedes the diffusion and adoption of generative artificial intelligence in K-12 schools. Slow and uneven diffusion will exacerbate current socioeconomic inequalities, harm students’ future work prospects, and impede macroeconomic growth and productivity.
Antitrust and Competition

The US Is Not Prepared for the AI Electricity Demand Shock

Barak Orbach
The United States power grid is increasingly strained by the surging electricity demand driven by the AI boom. Efforts to modernize the power infrastructure are unlikely to keep pace with the rising demand in the coming years. Barak and Eli Orbach explore why competition in AI markets may create an electricity demand shock, examine the associated social costs, and offer several policy recommendations.
Academic Capture

TI’s Calculator Monopoly Offers Lessons for Educators in the Age of Generative AI

Barak Orbach
Texas Instruments’ TI-84 calculator has been the standard graphing calculator for American students for twenty years, despite its high cost and lack of innovation. Barak and Eli Orbach explore how Texas Instruments created its entrenched calculator monopoly and the lessons it offers educators as they grapple with the emerging possibilities of artificial intelligence in the classroom.

Latest news

View All

The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.