Right, that’s kind of my point. We call it “hallucination” because we don’t understand it, but need a shorthand to convey the concept. Here’s a paper trying to demystify it so maybe we don’t need to make up…
It’s interesting that most of the comments here read like projections of folk-psych intuitions. LLMs hallucinate because they “think” wrong, or lack self-awareness, or should just refuse. But none of that reflects how…
Replace the AI agent with any other new technology and this is an example of a company: 1. Working out in the open 2. Dogfooding their own product 3. Pushing the state of the art Given that the negative impact here…
The article's point isn't that globalization (or policy) didn't play a role, it's that the premise of middle class downfall is false to begin with. See the section under the header "The American middle class was never…
The comment you're replying to is implying real median personal income (https://fred.stlouisfed.org/series/MEPAINUSA672N), not household. Household sizes change over time.
I don't know if the Fed themselves gives margins of error, but the GDPNow indicator the Atlanta Fed puts out (https://www.atlantafed.org/cqer/research/gdpnow) also includes ranges for industry forecasts. In this case it…
Given that, would you argue that the main condition needed for UBI, or wealth transfer in general, is increased productivity?
My understanding of marginal propensity to consume is that it decreases as wealth and income increase. The wealthier you are, the less you tend to spend as a function of the next dollar. So the inverse would imply that…
These are (strongly?) correlated though, right? Over-regulating distribution should reduce generation because builders can’t depend as much on pricing signals.
We’re getting off on a tangent here about here about the mechanism behind that polarization, but it reflects the broader point I was trying to make with my comment. That is to be skeptical of simplistic answer, like…
Part of the problem is that that “intuition” changes based on how you the ask the question and who you ask it to. A good example of this is polling that shows Americans as a whole believe the country’s finances will be…
Though that does presume being ready to board at precisely that moment while traveling with small children. In my experience I can expect that to happen about half the time.
Some of these regulations seem like they should be aimed at the government, though the article doesn't specify what organizations they would apply to. Behavioral scoring is fine for a private business that wants to…
The link you pointed to doesn’t have any empirical data and the paper it links to doesn’t seem to load. Regardless, we’re 30 years from the 90s now and if anything it seems like productivity has been accelerating since…
> Yup; any department with money in their budget left over at the end of the budget period will see their budget reduced, even if they need it. Anecdote here. I've been a senior manager at small, medium, and large (ie…
Another anecdote, but this is exactly how I chose my last car. I went to CarMax, filtered by CarPlay integration, and then chose from what was available. In fact, the lack of CarPlay integration is one of the main…
> Instead allow students to declare bankruptcy on student debt. I'm curious what impact people think this would have. Or if there's any research on the subject. My initial reaction was that giving out more debt relief…
Right, that’s kind of my point. We call it “hallucination” because we don’t understand it, but need a shorthand to convey the concept. Here’s a paper trying to demystify it so maybe we don’t need to make up…
It’s interesting that most of the comments here read like projections of folk-psych intuitions. LLMs hallucinate because they “think” wrong, or lack self-awareness, or should just refuse. But none of that reflects how…
Replace the AI agent with any other new technology and this is an example of a company: 1. Working out in the open 2. Dogfooding their own product 3. Pushing the state of the art Given that the negative impact here…
The article's point isn't that globalization (or policy) didn't play a role, it's that the premise of middle class downfall is false to begin with. See the section under the header "The American middle class was never…
The comment you're replying to is implying real median personal income (https://fred.stlouisfed.org/series/MEPAINUSA672N), not household. Household sizes change over time.
I don't know if the Fed themselves gives margins of error, but the GDPNow indicator the Atlanta Fed puts out (https://www.atlantafed.org/cqer/research/gdpnow) also includes ranges for industry forecasts. In this case it…
Given that, would you argue that the main condition needed for UBI, or wealth transfer in general, is increased productivity?
My understanding of marginal propensity to consume is that it decreases as wealth and income increase. The wealthier you are, the less you tend to spend as a function of the next dollar. So the inverse would imply that…
These are (strongly?) correlated though, right? Over-regulating distribution should reduce generation because builders can’t depend as much on pricing signals.
We’re getting off on a tangent here about here about the mechanism behind that polarization, but it reflects the broader point I was trying to make with my comment. That is to be skeptical of simplistic answer, like…
Part of the problem is that that “intuition” changes based on how you the ask the question and who you ask it to. A good example of this is polling that shows Americans as a whole believe the country’s finances will be…
Though that does presume being ready to board at precisely that moment while traveling with small children. In my experience I can expect that to happen about half the time.
Some of these regulations seem like they should be aimed at the government, though the article doesn't specify what organizations they would apply to. Behavioral scoring is fine for a private business that wants to…
The link you pointed to doesn’t have any empirical data and the paper it links to doesn’t seem to load. Regardless, we’re 30 years from the 90s now and if anything it seems like productivity has been accelerating since…
> Yup; any department with money in their budget left over at the end of the budget period will see their budget reduced, even if they need it. Anecdote here. I've been a senior manager at small, medium, and large (ie…
Another anecdote, but this is exactly how I chose my last car. I went to CarMax, filtered by CarPlay integration, and then chose from what was available. In fact, the lack of CarPlay integration is one of the main…
> Instead allow students to declare bankruptcy on student debt. I'm curious what impact people think this would have. Or if there's any research on the subject. My initial reaction was that giving out more debt relief…