ECONOMICS
Marginal REVOLUTION
Is it really all about the networking? Some people think so, and they are taking action: Justin Helman didn’t get his dream acceptance from the University of Florida. But that isn’t stopping him from pursuing the...
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ECONOMICS
Marginal REVOLUTION
Most of my Free Press column deals with Mythos, but here are some remarks on Europe: There is yet another huge problem behind all these first-order problems. Let us say, for instance, that France’s Mistral AI develops...
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ECONOMICS
Marginal REVOLUTION
Perhaps rewatching The Omen is better prep for this movie than thinking about UFOs? In this regard Disclosure Day is somewhat more interesting than I had been expecting. Peter Thiel, Ross Douthat, telephone! And...
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ECONOMICS
Marginal REVOLUTION
Champions of a European AI model should ask themselves if a European effort would be more effective than Meta, which this year will spend more on chips ($125 billion) than Germany spends on defense ($114 billion) and ...
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ECONOMICS
Marginal REVOLUTION
1. A survey on slow Mexican economic growth. 2. Jason Furman on Social Security (NYT). 3. Markets in everything, customized water edition. 4. AI progress in Rio de Janeiro. 5. Satya Nadella does Oliver Williamson. 6. ...
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ECONOMICS
Economy – The Conversation
The White House says the changes it seeks would strengthen transparency, accountability and oversight. Critics say federal grantmaking would become too political.
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ECONOMICS
Economy – The Conversation
Manufacturers would benefit from establishing a better, more efficient service network and offering more attractive warranty programs.
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ECONOMICS
Marginal REVOLUTION
Sam Enright emails me: In the most recent census (2022), 1,017,437 people in Ireland were born abroad. Even if you classify people from Taiwan as “foreigners”, there are 845,697 + 15...
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ECONOMICS
Marginal REVOLUTION
A fascinating paper and result: This paper studies the causal effect of being the oldest within a school cohort on social capital. Using a fuzzy regression discontinuity design and data from Facebook, we find that boy...
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ECONOMICS
Marginal REVOLUTION
This result does not surprise me at all. Here is part of the abstract: Frontier LLMs outperformed clinical AI tools in all three evaluations. Clinical AI tools performed comparably to auto-enabled Google Search ...
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ECONOMICS
Economy – The Conversation
A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.
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