~marginalrevolution | Bookmarks (30)

“I have one partner now with three kids. He is transmasc, and he’s radical about the way he raises them. They’re radically home-schooled. They’re 17 and nonbinary, 6 and 5. They know everything in age-appropriate ways. They’ve seen their mommy undergo the transmasc experience, seen their mom become who they really are.” 5 and 6!  […] The post Does the NYT not recognize child...

We often hear today that Wokeism and Political Correctness are gradually receding.  Contrary to this opinion, I think that this phenomenon is gradually being “normalized,” widely accepted even by those who intimately doubt it, and practiced by the majority of academic and state institutions.  This is why it deserves more than ever our criticism — […] The post Can you guess who wrote this...

Indiana’s Republican governor has just signed new law that introduces “intellectual diversity” as a standard for tenure decisions in state universities. Under the law, campus boards of trustees will determine what intellectual diversity consists of, and lack of such diversity can be grounds for denying tenure. Intellectual diversity also must be considered in the post-tenure review process. […] The post Indiana’s new intellectual diversity law for...

Thomas is at the Templeton Foundation, here is the link (with transcript), here is one bit: Tom: …So, I know that you’re a voracious reader, you’re immensely curious. Going back to your childhood, what were some of your favorite books during some of those formative years? Tyler: Well, when I was very small, my favorite books […] The post My podcast with Thomas Burnett appeared...

a16z has issued the talks from that event, and we are issuing it too, as a bonus episode of CWT.  But note it is shorter than usual, and not the typical CWT format — this was done for an audience of actual DC human beings! Excerpt: COWEN: Why is open-source AI in particular important for national […] The post Marc Andreessen and I talk AI...

Here is the video, audio, and transcript, taped in his Apollo office in NYC.  Here is the episode summary: Marc Rowan, co-founder and CEO of Apollo Global Management, joined Tyler to discuss why rising interest rates won’t hurt Apollo’s profitability, why liabilities have traditionally been the weak spot in insurance, why the concept of liquidity […] The post My excellent Conversation with Marc Rowan...

Yesterday, someone asked me to elaborate on talent picking and why “narrowing the subset” matters. It’s easier to pick the best talent from a subset of 10 versus 100 or 1000. You’d think seeing 1000 candidates would mean you have a greater chance of finding a unicorn genius but it takes longer and gives more […] The post Very good sentences appeared first on...

Here is the audio, video, and transcript, we recorded in NYC.  Here is the episode summary: A conductor, harpsichordist, and organist, Masaaki Suzuki stands as a towering figure in Baroque music, renowned for his comprehensive and top-tier recordings of Bach’s works, including all of Bach’s sacred and secular cantatas. Suzuki’s unparalleled dedication extends beyond Bach, […] The post My Conversation with the very excellent...

Here is my episode with @patrickc We discuss: – what it takes to process $1 trillion/year– how to build multi-decade APIs, companies, and relationships– what's next for Stripe (increasing the GDP of the internet is an open ended task, and the Collison brothers are just… pic.twitter.com/Wx52cJI9Ve — Dwarkesh Patel (@dwarkesh_sp) February 21, 2024 The post Dwarkesh Patel with Patrick Collison appeared first on Marginal...

Anson Yu, Waterloo, telemetry devices that can detect compromised hardware devices to protect our electrical grid and other critical infrastructure. Anshul Kashyap, Berkeley, neurotech and vision, to visit the Netherlands for work and research reasons. Kieran Lucid, Dublin, Irish videos about YIMBY and aesthetics, at the site Polysee. Matin Amiri, Antwerp, Afghanistan, and San Francisco […] The post Emergent Ventures winners, 32nd cohort appeared...

Many people think “I will do […], AI will not anytime soon do [….] as well as I will.”  That may or may not be true. But keep in mind many of us are locked into a competition for attention.  AI can beat you without competing against you in your task directly.  What AI produces […] The post A periodic reminder of your pending...

Using a quantitative heterogeneous-agent model calibrated to Korea, we find that fertility would be 28% higher in the absence of the status externality and that childlessness in the poorest quintile would fall from five to less than one percent. We then explore the effects of various government policies. A pro-natal transfer or an education tax […] The post How much does status competition lower...

From a recent Jacob Light paper: In an era of rapid technological and social change, do universities adapt enough to play their important role in creating knowledge? To examine university adaptation, I extracted the information contained in the course catalogs of over 450 US universities spanning two decades (2000-2022). When there are changes in student […] The post Student Demand and the Supply of...

We discussed how the insights of Hayek, Keynes, Smith, and other great economists help us make sense of AI, growth, risk, human nature, anarchy, central planning, and much more. Dwarkesh is one of the very best interviewers around, here are the links.  If Twitter is blocked to you, here is the transcript, here is Spotify, […] The post My new podcast with Dwarkesh Patel...

That is the focus of my latest Bloomberg column, 2x the normal length.  I cannot cover all the points, but here is one excerpt: The larger theme is becoming evident: AI will radically disrupt power relations in society. AI may severely limit, for instance, the status and earnings of the so-called “wordcel” class. It will […] The post What are the actual dangers of...

Yes I will be doing a Conversation with her.  Here is from Wikipedia: Marilynne Summers Robinson (born November 26, 1943) is an American novelist and essayist. Across her writing career, Robinson has received numerous awards, including the Pulitzer Prize for Fiction in 2005, National Humanities Medal in 2012, and the 2016 Library of Congress Prize for American Fiction. In 2016, Robinson […] The post What should I ask Marilynne Robinson?...

Let us say you favor policy X, and take steps to see that policy X comes about. Under many conditions, people who favor non-X will take additional countervailing steps to oppose X.  And in that case your actions in favor of X, on average, will lead to nothing.  In the meantime, you and also your […] The post Social improvements that don’t create countervailing...

OpenAI on Thursday announced its first partnership with a higher education institution. Starting in February, Arizona State University will have full access to ChatGPT Enterprise and plans to use it for coursework, tutoring, research and more. The partnership has been in the works for at least six months. ASU plans to build a personalized AI […] The post Open AI will partner with Arizona...

That is the topic of my latest Bloomberg column.  Here is the first part of the argument: Two kinds of AI-driven education are likely to take off, and they will have very different effects. Both approaches have real promise, but neither will make everyone happy. The first category will resemble learning platforms such as Khan Academy, […] The post How is AI education going to...

Fewer women reported being satisfied with the climate in the economics profession in 2023 compared to five years ago, despite efforts during that time to improve conditions for women in the field, according to a new survey. About 17% of women in economics said they strongly agreed or agreed with a statement about being satisfied […] The post How women are perceiving the economics...

This paper studies important determinants of adult self-control using population-representative data and exploiting Germany’s division as quasi-experimental variation. We find that former East Germans have substantially more self-control than West Germans and provide evidence for government surveillance as a possible underlying mechanism. We thereby demonstrate that institutional factors can shape people’s self-control. Moreover, we find […] The post The culture that was East German...

He is starting a new podcast and I am perhaps the first episode?  There is video and text and audio.  Here is an excerpt: Lindsey: Did they recognize early on that you were different and that they had a job to do to push you, or no? Cowen: Well, my father thought I was weird, so he […] The post My podcast with Brink Lindsey appeared...

Yes, I will be doing another Conversation with him.  Here is my previous Conversation with him, almost eight years ago.  As many of you will know, Jonathan has a new book coming out, namely The Anxious Generation: How the Great Rewiring of Childhood Is Causing an Epidemic of Mental Illness.  But there is much more […] The post What should I ask Jonathan Haidt?...

By Andras Ek, forthcoming in the Journal of Political Economy: This paper estimates differences in human capital as country-of-origin-specific labor productivity terms in firm production functions, making it immune to wage discrimination concerns. After accounting for education and experience, estimated human capital varies by a factor of around three between the 90th and the 10th […] The post Cultural Values and Productivity appeared first...