121–125 of 125 posts
Earlier quoted context omitted.
post I responded to said "smarter than average" which is not the same thing as IQ and conflating the two of those is also a trap.
IQ is the best measure of intelligence we have, and correlates strongly with real world outcomes like income and academic success.
OK, the big theme here is "innovation has slowed down, but this is being masked by all the activity around computers". So let's take a look at that. Way too many smart people are tied up doing rather banal things with computers, or in finance. That's capitalism in action. What isn't being worked on? Thiel is bothered by lack of progress in medicine. Medicine is now working on really hard problems, most of which are c…
The statistics for the short - medium term belie this intuitive idea.
There is job growth at the top and bottom of the wage spectrum since the crash.
What there isn't, is middle class jobs.
Perhaps you are right over centuries, but by then it won't matter.
Very interesting talk. I'd love for him to write a history of capitalism type book. "The History of Innovation and Globalization". Start it off with the x-axis=globalization and y-axis=innovation model and go from say 18th century to now. I always enjoy history of economics books. I like the mainstream books but really enjoyed the perspective and research that went into "An Austrian Perspective on the History of Econ…
It's not the pragmatic business POV, but it has some highly interesting considerations.
Well, I am working on hard science. Neuroevolutionary development algorithms for reinforcement learning. Online unsupervised learning. I can't get funding. He talks big but he doesn't invest in the research. He still wants some business plan dropped in front of him. It doesn't work that way until the hard science is done first.
Earlier quoted context omitted.
For Europe and Japan, population is in decline. US population would be in decline if it were not for immigration. China is expected to max out around 2026. (The one-child policy worked.) India, though, has real problems.[1] Two big problems we expected to have were overpopulation and running out of energy. Neither happened. [1] http://www.eastasiaforum.org/2013/04/05/indias-population-in...
Yes, we've neither run out of food nor energy. Yet. But that requires some modulation. 1. The cornucopian arguments that we'd have no problems with food nor energy, or that these would grow without limits, haven't panned. out. 2. Yes, the specific predictions that we would be facing major global starvation by now (or at equivalent populations -- ~8 billion), haven't panned out. But those have been mitigated by a few…
Can you expand on this more?
There is the claim of energy decoupling from GDP a few decades ago if I am not mistaken.