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  • Marginal Revolution Read

    Wednesday assorted links

    1. Diving northern gannets. 2. Guatemala update. 3. Tech-utopian project coming in Uruguay? 4. “Toy sales among adult-only households have now outpaced households with children for toy sales, growing 16% through June, according to a market research group.” 5. Do stock buybacks bring harm? 6. How AI competition works in China. 7. Economist column on AI risk and shorting the market (hint: ask the AGI what

  • Marginal Revolution Read

    The Price of Intelligence is Falling Rapidly

    An amazing Epoch AI report from Emberson and Roodman: Over the past three years, the cost of a given level of AI performance has fallen an average of some 47% per quarter. That is a 13-fold drop every year – a faster rate than any other transformative technology in history. To give an example, OpenAI

  • Marginal Revolution Read

    What I’ve been reading

    1. Constance Reid, Hilbert. We should all be reading more mathematics these days, right? Because the field is “on fire.” Hilbert is not a bad place to start, and I found this book clear and biographical in a good way. It is less on the math and more closely tied to broader German history. Soon

  • Marginal Revolution Read

    The economics of late grandmotherhood

    We show how fertility delays compound across generations to raise age at first grandmotherhood. Under the 1960 first-birth schedule median grandmotherhood came at 44. Under the 2024 schedule it is 57, cutting the healthy years with grandchildren from 28 to 15. Longer life does not make up the loss of years when the grandmother is healthy enough to supply money and care.

  • Marginal Revolution Read

    Tuesday assorted links

    1. Designing a FINRA for frontier AI. 2. Andrew Ng. 3. Some semi-skeptical notes on stablecoins, based on economic history. 4. Global views on fairness and redistribution. 5. Essays on whether AI will make management more valuable. 6. The real authorities on the California billionaire wealth tax.  They are right in front of your eyes.

  • Marginal Revolution Read

    Dartmouth Provost okie-dokie

    On Aug. 26, a Semafor investigation using Pangram to determine whether recent guest columns in major newspapers were written using artificial intelligence identified a column by Schnell as “100% AI-written.” Schnell’s column in The Washington Post — titled “Universities are fighting AI cheating. But there’s a deeper problem.” — argued that “a degree should distinguish what students can do

  • Marginal Revolution Read

    Banning self-recursive improvement in AI models?

    Some people are suggesting this, including Ezra Klein. I do not understand how it is supposed to work. Put aside the issue of foregone innovations, let us say I seek to access an AI from overseas. Am I allowed to visit their website? So many sites have AI behind them, including Chinese open source AI.

  • Marginal Revolution Read

    Further results on AI and labor market reallocation

    This paper documents how artificial intelligence has affected stocks and flows in the U.S. labor market. Combining CPS and JOLTS data with AI exposure and adoption measures from OpenAI and Lightcast, respectively, we construct labor force stocks, worker flows, and market tightness by AI exposure and adoption. Since the introduction of LLMs, workers with high

  • Marginal Revolution Read

    Monday assorted links

    1. Avi Loeb video on UAPs. 2. “[The Mises] library now has a permanent independent home: https://freecapitalists.org/. It holds 945 books, 3,374 journal issues and 2,732 recorded lectures, all free, in PDF, EPUB and MOBI, with the rights recorded per work.” 3. “They invited me to come see it for myself at Sopchoppy’s annual worm grunting festival, which

  • Marginal Revolution Read

    The Tragedy of Nikole Hannah-Jones

    Nikole Hannah-Jones famously sent her child to a predominantly black/lower-income public school in New York City. Now her child says she shouldn’t have been used as political fodder. The essay makes for hard reading and I acknowledge NHJ’s courage in writing about her mistakes and the cost to her child. The piece is raw and

  • Marginal Revolution Read

    Obama on agentic AI

    Obama recently said: “If we are thinking about AI just in terms of how do we cure cancer or get better energy, you can do that without having agentic AI and having it just roaming free in the internet.” As Roon noted: “this sounds completely incoherent to me” From Rob Saker: An agent is a

  • Marginal Revolution Read

    Sunday assorted links

    1. Nobel Laureates in support of the California billionaire wealth tax include Krugman, Acemoglu, Diamond, Stiglitz, Banerjee, and Duflo (FT). 2. Secretariat as GOAT. 3. Dead brains and the piano?? 4. “A real contribution of AI is showing the critical weaknesses of humans and human structures.”  But can we take it? 5. When did the Chinese reach New Zealand? (speculative) 6. “Everyone needs to realize we are fighting the summation of the last 100 years of war that never got settled they just slowed down at times” 7. “

  • Marginal Revolution Read

    Muse - Marginal REVOLUTION

    It is excellent. It has one of the best user interfaces I have seen on any product. The model is good and the speed and clarity exemplary. It integrates with your calendar and email, if that is want you want, very easily and smoothly. It all feels very…American. Kudos to the team!

  • Marginal Revolution Read

    Empathy gaps

    I observed, for example, that when I got an invitation to travel to give a talk in a different time zone, it mattered what time zone I was in when I got the invitation.  if well rested, in my home time zone, I would think, No big deal, about making a long trip and would likely accept.  However, if I was jet-lagged in a different time zone when the invitation came in, and in reach with the misery of travel, I would be far more likely to decline.

  • Marginal Revolution Read

    UK productivity higher than we had thought

    UK productivity rose at almost twice the pace previously estimated in the decade after the 2008 global financial crisis, according to new official figures that make Britain look much less of an international outlier. Output per hour worked, the main measure of labour productivity, grew by an average of 1.3 per cent per year between

  • Marginal Revolution Read

    The polity that is Singapore

    …this month, Singapore launched a scheme promising actual cash to citizens as a reward for logging reading time on a government website. It’s unlikely to make you megabucks – you have to rack up 50 reading sessions of at least 15 minutes to earn one Singapore dollar (£0.59), with only one logged session allowed per day. But behavioural

  • Marginal Revolution Read

    Saturday assorted links

    1. Critique of Villaroel on UAPs. 2. Bergen County (Korean) fact of the day. 3. AIs cracking superforecasting. 4. Gregor Benko, RIP (NYT). 5. Joshua Saxe on the increase in cyber risk. 6. Lichtenstein political infighting heats up (FT). 7. Risk, the biggie. And on the Suwalki gap.

  • Marginal Revolution Read

    The Age of Wonders and Terrors

    Scott Aaranson, theoretical computer scientist writes: My position on AI is merely the conservative, skeptical position of 2006, updated with intellectual honesty for the reality of late 2026. And that position, if you need me to spell it out, is as follows: AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA It seems to me that the Singularity has already started;

  • Marginal Revolution Read

    Internet diffusion and religious decline?

    Using a panel of 81 countries across six World Values Survey waves (1990–2022), we examine whether growth in internet diffusion is associated with religious decline. We construct a six-item composite religiosity index, align annual macro series to wave periods, and estimate country fixed-effects models with one-wave lags and a broad set of modernization, demographic, welfare-state,

  • Marginal Revolution Read

    Emergent Ventures India, 19th cohort

    Asit Singh, founder of Syngi, received his grant to develop sub-angstrom optical MEMS sensors for next-generation semiconductor lithography. Rishabh received his grant to build a platform for real-time updates from Delhi courts, making judicial activity easier to track and understand. Hari and Naveen received their grant for Archgen AI, an agentic ecosystem connecting legacy EDA

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