Everything net
Everything relevant to the thought... The authors here show that readiness to cooperate between individuals from different groups corresponds to the degree of cultural similarity between those groups. This is consistent with the theory of Cultural Group Selection as an explanation for the rise of human large-scale cooperation. ...
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... You don't need to go to CPT to argue that "deep down" there is no such thing as causality. Newtonian mechanics is also governed by algebraic equalities, so it is symmetric, telling us that f=ma is as valid as a=f/m. ...
... Where causality comes in is when we venture to model the 1/2 https://t.co/AmgYUOenjq ...
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... break a wage-price spiral that is persisting despite a weak economy — although making that work is so hard that it would be a strategy of last resort 3/ But we don't have a weak economy; we have inflation because we have a booming economy, with supply chains having trouble keeping up with the boom in goods ...
... Not all bad ideas come from the right 5/ ...
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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. ...
... With this insight, we turn to the field of Artificial Intelligence (AI) and find that, while still far from demonstrating general intelligence, many state-of-the-art deep learning methods have begun to incorporate key aspects of each of the three functional theories. ...
... 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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... Over the years I’ve tried several times to find a version of Austrian business cycle theory I found plausible and I’ve always come away scratching my head. Thread… Here’s my basic understanding of the model: the economy has some industries that are capital intensive and others that are not. ...
... But that cheap credit hasn’t actually created any real resources, so you end up with increased spending on both capital and consumer goods. As a result, inflation starts to inch up, and central banks are forced to raise interest rates to cool things off. ...
... But now things get weird. In the Austrian theory, a recession is a process of resource re-allocation from capital-intensive to capital-light industries. Society needs to produce fewer factories and machine tools and more beer and pairs of pants (or whatever). ...
... Instead of re-allocating workers and other resources from home building to other sectors, you suddenly had almost every industry laying off workers—even ones that were not capital intensive and did not see strong growth in the 2000s. ...
... The central question of macroeconomics is explaining why economies sometimes have periods of elevated unemployment, where not just one industry shrinks but almost all of them do at once. ...
... As far as I can tell the Austrian story is that high unemployment is purely a frictional side effect of workers making a necessary transition from over-built sectors to under-built ones. But that’s not what deep recessions look like at all! ...
... Even industries far from housing laid off workers or at least froze hiring in late 2008 and 2009. ...
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... As inflation persists, progressive politicians and the Biden administration have been condemning corporations for abusing their market power to raise prices — leading to a barrage of criticism from center-left economists and commentators. ...
... And I'm puzzled about the vehemence 1/ Let's stipulate two things. 1. Monopoly is a real issue and problem in the US economy. 2. It is not, however, a major reason for the acceleration of inflation in 2021, nor can a crackdown on monopoly do a lot to bring inflation down. ...
... will try to deter the Fed from raising rates if it chooses. Supply-chain measures may also help, and are continuing 4/ Nor is there any indication that anyone in the admin is considering Nixon-style price controls. ...
... 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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... Interestingly in the last couple of years trends have been reversing after decades of steady divergence. I don't expect this to last. https://t.co/AvhvbkDp4w This is the most mysterious chart. ...
... From 1987 to 2011 (and also long before then I think), manufacturing workers got faster more quickly than other workers. But in the last decade US manufacturing productivity hasn't improved at all. Why? ...
... I have no idea. https://t.co/kFojw7CxsT This chart debunks the widely-held belief that housing construction was out of control in 2005. Housing production was actually pretty normal! ...
... It shows that COVID slowed the population growth rate in high-rent cities (San Francisco) much more than low-rent cities (like Grand Rapids) https://t.co/80TqyLh5y1 This chart illustrates how different the 2020 recovery was from 2007. ...
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... For 25 years prior to 2020, the prices of durable goods like cars, washing machines, and couches fell every single year. Then in 2021 that suddenly and dramatically reversed. https://t.co/BTtqgHOKxB This has some important implications. One is that this isn't just an American problem. ...
... Durable goods are manufactured goods that mostly trade in global markets. If their price is shooting up here it's shooting up elsewhere too. In Europe for example. https://t.co/f6ov0RhQB1 This means we can't blame inflation entirely on Congress or the Fed. ...
... If we'd gotten less stimulus, strong demand from other countries would still be making this stuff more expensive. The same is true of gasoline, which is also shooting up in price. Another implication is that inflation is likely to moderate over the next couple of years. ...
... Spending on durables can't keep growing at this pace. https://t.co/1ezz6V9lAU On the other hand, companies that make durable goods know how to make more of them! It takes a year or two to spin up the capacity, but it's not rocket science. ...
... As @DavidBeckworth has argued, there's no reason to think anything has fundamentally changed about the deflationary nature of durable goods industries. Once they've adjusted to this demand shock, we should start to see demand trending back down. ...
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... The WWW connections work by pulling, one item can pull another one by having a hyperlink to it. But such a link is one-way: the reader of the linking item can easily go to the linked one but not the other way around. The mind net aim to make such links bi-directional. ...
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... The goal: promote human understanding and innovation The means: 1\. Facilitate collaboration in thinking\, especially within spontaneously formed groups of people\. 2\. Facilitate distilling/transcending theories from atomic and spontaneously formed ideas within and between individuals\. ...
... Record thoughts\. 2\. Discovery of connected thoughts 3\. Visualization of networks of connected thoughts ...
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... A system can be created to let users record their inquiry thoughts/ideas as observations, hypotheses, and predictions (OH&P). ...
... Thanks to the intrinsic structure, the system can digitalize these thoughts/ideas with auto connections and visualization, thus providing an automatic way to organize these thoughts/ideas. We can call this digitalized mind. ...
... The digitalized mind makes thoughts/ideas easier to consume, assess and generate new insights. ...
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... [The net view](https://www.themind.net/mapItems/Hypothesis/348E44hASHa7AvgODCLkyg/net/?netViewMode=FormalGraph) ...
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... A system that lets users record their inquiry thoughts/ideas as observations, hypotheses, and predictions (OH&P) can provide a new mode of communication and collaboration between users - they can structurally connect their atomic OH&P directly to other users' OH&P. ...
... ([This is challenging](https://www.themind.net/observations/4fcVuFGoTEa43ez-xhSAsg) when thoughts/ideas are organized in the usual narrative structure, such as books, lectures, and talks). ...
... Such a system that connects atomic ideas and thoughts between users might achieve a **digitalized collective mind**. Digitalized mind means all ideas/thoughts are digitalized, collective meaning that these ideas/thoughts are contributed by multiple users and digitally connected to each other. ...
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... Collective digitalized mind, i.e. digitalized and connected thoughts/ideas from multiple users by itself, may not automatically achieve collective intelligence (the intelligent capabilities of solving problems collectively). ...
... If all thoughts and ideas are given equal weight and importance in the collective mind, it may be too swamped with them and fail to be coherent or useful. ...
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... The human species nowadays has so many tools to help with all sorts of tasks but not a de-factor or even a popular tool to help day-to-day thinking? Why? Is that because our ways of thinking are so different from each other? ...
... Or is it because for most of us, our thinking naturally lacks structure or even cohesiveness? One of the main missions of the mind net is to solve that tooling problem. ...
... The first steps the mind net took are 1\. automatically discover connections between atomic thoughts\, and 2\. visualize them in the form of maps\. 3\. Allows users to organize them visually by arranging them in custom maps\. ...
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... Aggregation of opinions over the thoughts and ideas in a digitalized collective mind to give them different weights and importance might be the way to achieve CI in DCM. ...
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