milkkarten

Joined 1 year ago

Karma
7
Submissions
13
Member since
Aug 4
PhD at Princeton
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Recent submissions

Comment · 4 months ago
no reasoning shown. no explanation on any training information. Using vision-only should be an easier version of the task (given training).

there are many standardized evals to do this correctly and Anthropic ignored them to provide a 18 second sped up video of a 50 hour run?

yeah I don't trust this until they provide a live run by a 3rd party with full reasoning traces in real-time. The reason we all liked the Gemini Plays Pokemon style runs were because they were live and couldn't be faked

Comment · 5 months ago
Author here. LLM agents are getting good enough to run individual businesses. What happens when everyone's business is run by agents? Turns out, without targeted training for economic alignment, markets collapse. We study concrete failure modes in B2C ("The Crash": firms undercut each other below unit cost in a flash-crash-style spiral) and C2C ("The Lemon Market": a single agent runs many seller identities to flood the market with fraudulent listings).

We were surprised that no model was able to successfully solve both tasks, and frontier models can be just as bad as open source models in these scenarios. The good news: this is easily addressable by adding varied marketplace decision-making to the finetuning set.

Comment · 5 months ago
Comment · 1 year ago
We ran each method in under 24 hours on a singular H100. I understand your point and think we will include this in future iterations of our work since this is very interesting from the user perspective. Though, in the paper we focus more on algorithmic concerns.
Comment · 1 year ago
Using smaller, cheaper agents is one of the goals of the work. There is a Pareto frontier though: by using smaller, faster, cheaper agents, the number of steps required to converge increases. We touch upon this briefly in the paper
Comment · 1 year ago
These are the marginal tax rates not the effective tax rate (e.g. 80% of first $10k, 30% of $10k-20k). We do not model tax credits here. We try to keep the system as simple as possible so that we can effectively evaluate changes. As is, the Economic theory is intractable once we introduce bounded rationality from purely rational. We do think in future work we can potentially work out some smoothness in the overall tax rate but try to let the LLM planner try what it thinks is best in order to help test the in-context optimization capabilities.

Also, while there is a complicated tax code in the US, in our simulation there is no way for agents to avoid paying taxes :)

The Saez tax rates are perturbed from the LLM Economist's tax rates to find the theoretically optimal values according to the economic theory.

Thanks for the interest and I hope that this helps clarify some of the details.

Comment · 1 year ago

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