it's interesting to see the economics pushing to disaggregate generation from use and shells from guts #linklog spacenews.com/riding-the-o...

RE: https://bsky.app/profile/did:plc:oj4enpdo6uuuikvs73cqvwdm/post/3mjxnoj5fmc26
"economists kept on dismissing potential explanations because they didn’t show a sharp change in 2022" -- this gets at a kind of econ thinking issue I've been calling "causal inference brain": arguments reduced to identification and empirics at the expense of basic theory and observation #linklog

the new age of diminished expe...
the new age of diminished expectations

could it really be that simple?

Dan Davies - "Back of Mind"
years ago someone asked me what i thought the most underappreciated econometrics tool is, and i said "diff in diff" (this was before the DiD revolution). i feel similarly about "inflation in developed consumer economies", particularly when it comes to advanced technology production capacity #linklog

What Did We Learn?
What Did We Learn?

Apart from never doing that again of course

Syncretica
"a C-player is a person whose mistakes are always wasted" is a great insight. what else might we learn from mr beast? #linklog

Math Science Vision Approvals ...
Math Science Vision Approvals Budget

Mr Beast; entertainment, pain, & everything you need; project management.

The Universal and the Vacuous Events
it is indeed very good that there are open models. their training is still often opaque; what might they be optimized for? there are enough economists and behavioral scientists in tech that I could imagine an open model that somehow maximizes a profit function #linklog

RE: https://bsky.app/profile/did:plc:yw3qqfa7hrhmwbc6wyrq5u7f/post/3mhgplshf7k2t
a core thing this gets right: scarcity of positional goods is a conserved quantity, and time to compete for them is always finite. I think everything else -- the role of taste, understandable summaries -- follows #linklog

Journopoclypse!
Journopoclypse!

Yeah, na. I don't think so

Joshua Gans' Newsletter
"It’s also undeniable that SpaceX needs more than just Starlink to justify a $1.5T valuation, given that even its expected lead investment bank, Morgan Stanley, only thinks Starlink revenues will get to $126B in 2040." -- this is the sharpest thing i've read about the SpaceX IPO yet #linklog

TMF Associates blog » SpaceX’s...
TMF Associates blog » SpaceX’s Rorschach test

as much as I like to say that AI is a social science, I find this a reasonable argument that CS isn't quite there yet (and should get closer). on the other hand, mechanism designers' claims notwithstanding, economics could use more build-and-test if it's to build a real engineering culture #linklog

The Empiricism Gap in Computer...
The Empiricism Gap in Computer Science

So far, I have argued that there is a dissonance between, on the one hand, CS’s founding myths, curricula, and self-image, and, on the other hand, the modern production of knowledge in computer science.

Doomscrolling Babel
"We learn what generosity, vanity, or integrity look like by watching them play out in lived situations" -- This lens is more interesting to me lately than "Jane Austen, game theorist" (albeit complementary). Who is writing this kind of applied virtue ethics fiction particularly well today? #linklog

Jane Austen as Applied Moral P...
Jane Austen as Applied Moral Philosopher

Austen's fiction is not "about" romance. It's about character. And we need it now.

Knowledge Problem