mctaylor

13 ms·

1.
by mctaylor 2mo ago
Yes and no. Yes because it's more about oil than AI, no because AI is the oil industry and their supporting vested financial interests' (not so secret) plan to keep demand for fossil fuel high if/when the climate change deni
2.
by mctaylor 2mo ago
I love how four comments down there is someone posting: "You’re both right. However OPs post is more useful than yours. By now, everyone knows about climate change. But I assume most didn’t know the fact about the pine trees in this ar
3.
by mctaylor 2mo ago
Most expensive groceries, rents, and healthcare in the world! Winning!
4.
by mctaylor 2mo ago
With respect to what you're saying the K-shaped economy is, can you link a source? Since we're so keen on empirical and mathematical thinking (apparently). And if you thought I was being religious you misinterpreted me. I'm j
5.
by mctaylor 2mo ago
How do you define "low" and "high" equilibrium? By estimated GDP or by actual production? Because we definitely seem to be in a world where GDP inflation is getting more and more divorced from incentives to actually pro
6.
by mctaylor 2mo ago
"In a K-shaped recovery, different parts of the economy move in opposite directions at the same time following a recession or downturn. One segment—the upper arm of the K—experiences an increase in wealth due to rising asset values or
7.
by mctaylor 2mo ago
Right. "Multiple equilibria". Like the two branches of the "K" in the K-shaped economy: capital owners gaining, workers losing. So we're trying to prove "mathematically" that the K-shaped economy is &quo
8.
by mctaylor 2mo ago
This reads like a propaganda piece aimed at mathematically inclined knowledge workers to try to stave off risk perception as their economic and political power is undermined by the US shift towards kakistocracy. "workers operate with a
9.
by mctaylor 3mo ago
That's not how that's supposed to work! Democratically elected governments should have no say as to how many billions of dollars of market activity tech oligarchs are entitled to capture and redirect towards their very noble goal
10.
by mctaylor 3mo ago
Yup. I'm extremely unconvinced that a non-distributionary constraint (ex: limiting the money supply one way or another, i.e. the gold standard, bitcoin, etc.) fixes a distributionary problem. You know what would fix a distributionary p
11.
by mctaylor 3mo ago
Here's my prediction: Trump eventually crumbles, but is replaced by an equally (but differently) inept establishment Democrat figure. Conversations about inequality and wealth taxation in the West continue to be (increasingly) suppres
12.
by mctaylor 3mo ago
And Trump was elected with the support and influence of the very cadre of oligarchs running much of silicon valley: Elon Musk, Alex Karp, Palmer Luckey, etc., etc. Elon Musk (not Trump) is actively still weaponizing algorithmic control of X
13.
by mctaylor 3mo ago
The fact that America has yet to figure out the importance of soft power (and TRUST in particular) in the AI/information age is mind boggling to me. The CLOUD act, FISA rulings, the Snowden leaks, and now the aggressive tech oligarch p
14.
by mctaylor 3mo ago
US government: "Bad Anthropic! Not patriotic enough. AI is only for American "citizens" (who we are actively trying to reduce/restrict to people we like)." Anthropic: "Oh... American access only, you say? I&
15.
by mctaylor 2y ago
I think we need functional visual programming. It seems to me like referential transparency and pure functional composition would be a much cleaner way to visually compose functions into larger functions (and eventually programs).
16.
by mctaylor 3y ago
That sounds like an argument that someone with an unusual amount of wealth and power might make to downplay the unusual amount of responsibility that wealth and power confers on them. In today's economy power and wealth are not even cl
17.
by mctaylor 3y ago
Or maybe we should question whether structuring society such that the only way to be rewarded is by making rich people even richer was really the best plan? Seems to me like we should reward people for achieving sustainability rather than o
18.
by mctaylor 4y ago
That's not how that works. That's not how any of that works. Needs are food, housing, and safety. Anything beyond that is not a need, it is a want. We're not giving everyone everything they need, and an increasingly tiny nu
19.
by mctaylor 4y ago
The concept only makes sense for physical objects. The problem are the definitions of "piracy", "robbery", "theft", etc. There's two ways you could reasonably define them: by the loss, or by the gain. From
20.
by mctaylor 5y ago
Blockchain refers specifically to a linked-list-like data structure which utilizes cryptographic hashes at each node to store an authentication of the tail of the list on each head (node). If you have a similar structure using trees, it&#x
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by mctaylor 5y ago
The idea that those who are falling through the cracks in the system is because they aren't working hard enough is crap. Thanks to the "golden age" you correctly say we live in, automation and globalisation have steadily ero
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by mctaylor 5y ago
There's an enormous difference between a physical object, which has inherent scarcity; and information, which does not. We strongly enforce property rights on physical objects because since they are scarce, theft is possible (if a per
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by mctaylor 5y ago
Not true! We have no personal need for control over our information, as the utter lack of legal protections for personal privacy and personal information collection make abundantly clear. And works? Are you kidding me? Have you seen a ty
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by mctaylor 5y ago
https://www.project-syndicate.org/commentary/progressive-rec...
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by mctaylor 5y ago
Inflation is just the beginning - I've been trying to ramp up on the relevant economics and I'm developing a picture of what's happening. Focusing on prices I think is a mistake, the issue is beliefs/trust/future e