Discussion of The rise of AI pricing: Trends, driving forces, and implications for firm performance
成果类型：
Article
署名作者：
Wang, Qiaochu
刊物名称：
JOURNAL OF MONETARY ECONOMICS
ISSN/ISSBN：
0304-3932
DOI：
10.1016/j.jmoneco.2026.103927
发表日期：
2026
关键词：
摘要：
This paper documents the rise and adoption of AI-powered pricing across the U.S. economy and studies its implications for firm outcomes and monetary policy transmission. Using Lightcast job-posting text to infer firm-level adoption, the authors establish stylized empirical facts about (1) how AI-pricing adoption rates change over time, (2) the determinants of which firms adopt AI pricing, (3) how AI pricing is associated with firm performance, and (4) how AI pricing impacts firms' responses to monetary shocks. A simple model with costly information acquisition rationalizes these patterns via scale economies of AI pricing and complementarities with computing.