In our textbook, Modern Principles of Economics, Tyler and I predicted that lab grown diamonds would break the DeBeers cartel. Well, it’s finally happening. Bloomberg: One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as an increasing number of Americans choose engagement rings made from lab-grown stones […]
Minimum wage map: As the Fight for $15 keeps evolving, these states still pay $7.25 an hour
This Labor Day, workers' rights activists reflect on the Fight for $15 moment, which sprung up roughly a decade ago. Many states still pay sub-living wages.
Apple’s Decision to Kill Its CSAM Photo-Scanning Tool Sparks Fresh Controversy
Child safety group Heat Initiative plans to launch a campaign pressing Apple on child sexual abuse material scanning and user reporting. The company issued a rare, detailed response on Thursday.
Developing world needs an alternative to Chinese tech
In April 2022, the United States launched its “Declaration for the Future of the Internet.” It asserts that human rights and democratic values must remain central to future technological developmen…
Chuck Norris Facts will live forever, and so will Chuck Norris
Chuck Norris was a karate legend, then an action star, and then ... memes. So many memes. This is the hilarious story of how Chuck Norris Facts melted the internet in 2005 and how its creator is now using AI to shake up the world in even bigger ways.
An aggregate Bayesian approach to more (artificial) intelligence? - Marginal REVOLUTION
It is not disputed that current AI is bringing more intelligence into the world, with more to follow yet. Of course not everyone believes that augmentation is a good thing, or will be a good thing if we remain on our current path. To continue in aggregative terms, if you think “more intelligence” will be […]
We hold businesses strongly liable for lies, and even for truths that authorities call misleading. Ordinary people, in contrast, are mainly held liable only for lying under oath in court, lying to police officers, lying for clear financial gain, and when a factual claim defames one person to another sufficiently carelessly. Otherwise we are