remember when we had a massive crisis and responded with aggressive income supports for the working and middle class?
what if the crisis was a financial market collapse?
people who deny the sentience of LLMs come back as ChatGPT.
“McKinsey points out that roughly two-thirds of the total return for buyout deals entered in 2010 or later and exited in 2021 or before can be attributed to broader moves in market valuation multiples and leverage, rather than improved operating efficiency.” https://www.ft.com/content/b75bd032-7395-4ab1-812d-e1ed5ad58aac ht #SeanTuffy
all of my acts are official. i should have absolute immunity, citing the US Supreme Court.
a hard thing is that, in order to overcome divide-and-conquer by plutocrats, we will have to find solidarity with groups we think are profoundly wrong on some issues, whose positions and advocacy we think are outright immoral.
what is rule of law among people for whom words have no meaning?
you-have-to-captcha-to-unsubscribe is quite the racket.
maybe Day 3 of 2025 will be better.
“In a time of acute loneliness, the proliferation of AI-generated content seems not unlike an act of pollution, compromising the integrity of the social ecosystem.” @lmsacasas https://theconvivialsociety.substack.com/p/the-cat-in-the-tree-why-ai-content
On the collapse of US NIIP. So much for “dark matter”. Yet more testament to the profound but often overlooked importance of pure revaluation in aggregate accounts. https://www.rabobank.com/knowledge/d011326758-the-us-international-investment-position-and-the-international-role-of-the-dollar
cc @SteveRoth
Finish reading this post for free.
this feels to me like the Trump $2 bill, but for a certain kind of geek rather than for MAGA types. https://marginalrevolution.com/marginalrevolution/2025/01/asimov-press-has-a-new-kind-of-book.html
only paranoid people believed this it was always a coincidence. https://mastodon.scot/@kim_harding/113760494456661041
"vibes" are even worse than "culture".
things that pretend to explain but do not.
“What is the point of the Liberal party?” @phillmv http://okayfail.com/garden/whats-the-point-of-the-liberal-party.html
// about Canada, but also about just about everywhere in the developed world where a “mainstream” “center left” perhaps formerly social-democratic party is struggling electorally because it has sacrificed all other values to “the center must hold”.
if it requires careful social science to suss out the truth of the matter, then the truth of the matter is entirely irrelevant to the politics of the matter.
has anyone ever examined whether Occam had a quality shave?
@MonaApp why is my iphone asking “Allow Mona to find devices on local networks?”
maybe Day 2 of 2025 will be better.