AI doomerism is everywhere these days. Every field, and recently humanity as a whole, has had its "we're finished" post. In contrast to the run-of-the-mill hot take, Jason Potts has written an economics paper on why academia is doomed. So let's dive in.What does a university sell?Potts says a university is really a platform. It is a hub that connects many different groups: undergrads, grads, teaching staff, research staff, employers, government, alumni, donors, parents, etc. Each group needs the others. Undergrad tuition helps pay for the research infrastructure for the professors whose research reputation drew the students there in the...