Viewing profile — mctaylor

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 foss…

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 mo…

Most expensive groceries, rents, and healthcare in the world! Winning!

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…

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 d…

"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—experienc…

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…

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…

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 c…

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 distributiona…

Here's my prediction: Trump eventually crumbles, but is replaced by an equally (but differently) inept establishment Democrat figure. Conversations about inequality and wealth taxa…

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 T…

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, th…

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... Americ…

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 function…

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 th…

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 sho…

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 everyt…

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 l…

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…

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, au…

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 beca…

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…

https://www.project-syndicate.org/commentary/progressive-rec...

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, t…