Everything net
Everything relevant to the thought
... . $1.5 trillion is about 7% of US GDP, and many of the losses falling on residents of other countries 3/ For comparison, post-2006 housing bust wiped out wealth = ~60 percent of US GDP 4/ https://t.co/2lYIqfPSt9 Also, coin mining, although environmentally destructive and a big stress on some national ...
... right, around 800K bitcoins mined in 2021; at $50K each, that's around 0.2% of US GDP 5/ By contrast, residential investment peaked at almost 7% of GDP and fell by more than 4% 6/ https://t.co/PDSNM4BV7l And there surely isn't enough leveraged buying of crypto to create 2008-type financial stability risks ...
... , although things aren't great for holders of El Salvador bonds 7/ So crypto isn't posing macro risks comparable to 00s subprime. ...
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... There will be a FOMO race for top A.I. startups. I'm already seeing it. THAT said, if you are A.I. and profitable, you will demand double the valuation instantly. Nothing beats controlling your own destiny. ...
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... In popular media, there is often a connection drawn between the advent of awareness in artificial agents and those same agents simultaneously achieving human or superhuman level intelligence. ...
... We find that all three theories specifically relate conscious function to some aspect of domain-general intelligence in humans. ...
... Given this apparent trend, we use the motivating example of mental time travel in humans to propose ways in which insights from each of the three theories may be combined into a unified model. ...
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... I'm reading @mattyglesias and thinking that bubble-phobia was a major factor behind the bad economic performance of the Bush and Obama years. https://t.co/p8zhQAIA2D https://t.co/xBi4kjjAXK In the early 2000s, people exaggerated the frothiness of the tech bubble and the harms from its crash. ...
... This bubble frame caused the Fed to react too slowly to the onset of the Great Recession from December 2007 to September 2008. ...
... And that should cause us to re-assess not only the economy of 2011 but the economy of 2006 too. I suspect that with better monetary policy 2006 probably could have been the middle of another 1990s-style boom rather than the end of a brief and weak recovery. ...
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... 2/ It would be cause for alarm if the Biden administration were planning to use attacks on corporate greed as its principal inflation-fighting strategy, or proposing to act irresponsibly. ...
... In fact, I see no hint that we'll see anything even as aggressive as JFK's (successful) jawboning on steel prices 5/ https://t.co/hlwGcMy3kq So why come down so hard on rhetoric that won't do any economic harm and might do (a bit of) good? ...
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... Meanwhile I think we are going to continue to have more government shutdowns, 1/6 style chaos, etc. at some point this will coincide with an emergency and it will cause big problems. ...
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... Intergroup aggression started as a meme that is adaptive in cultural group evolution. Then, in turn, it created biological selection pressure in the gene-culture coevolution process. it's more than likely already an evolutionary mismatch. ...
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... The key of preventing war is the people, if no soldiers are willing to fight, there will be no war, and for that, we must cure us vs them. ...
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... Wars are unavoidable when there are states and competition between them. But without state competition, there is no guarantee that a unified global liberalism democracy community won't fall into a totalitarian regime. ...
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... Inter-group aggression as a cultural meme has an advantage in culture group selection. Then, in gene-culture coevolution, this culture meme promotes biological tendencies for inter-group aggression in individual members. ...
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... The danger of the mobs and demagogues have always been a central risk in the Athens democracy, the Roman Republic as well as the Venetian Republic, ...
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... The Christian belief of human souls and the original sins was one of the deciding factors of collective behavior in Christendom until the Enlightenment changed those beliefs with updated understanding. ...
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... Super intelligence without AGI: collective intelligence consists of both human and artificial non-general intelligence. It is race between the technology development between AGI and that of super intelligence. ...
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