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Javier E

The New Meaning of Tattoos - The Atlantic - 0 views

www.theatlantic.com/...675866

tattoos meaning culture

shared by Javier E on 03 Nov 23 - No Cached
  • Now one in three Americans has at least one tattoo. More than half of women in their 20s do. The practice has become common across racial, wealth, and educational divides: One in four people without a high-school degree has a tattoo, as does one in five people with a graduate degree
  • The stigma associated with them has faded, if imperfectly and unevenly; now most adults without tattoos say they don’t think any better or worse of a person for having one. Counterculture has become culture: riotously diverse, highly ornamental, prone to fads, an expression of autonomy and personal style.
  • As tattoos have surged in popularity, the capacity of technicians to remove them has grown too. Doctors have been using lasers for more than 50 years to remove tattoos,
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  • The procedure works on a principle called “selective photothermolysis.” Different parts of the body absorb different amounts of energy from lasers pulsing at different wavelengths. Doctors find and use wavelengths that get absorbed by pigment but not tissue, breaking up the ink and allowing the immune system to remove it. (In other words, the laser helps a person pee out their tattoo.)
  • the attitude of young customers is the thing that has changed the most: Gen Zers just don’t understand tattoos as permanent in the way that Gen Xers do. They might get that removal is difficult and painful and imperfect. But they also get that it’s an option.
Javier E

Pro-China YouTube Network Used A.I. to Malign U.S., Report Finds - The New York Times - 0 views

www.nytimes.com/...na-youtube-disinformation.html

youtube network disinformation China subversion AI

shared by Javier E on 16 Dec 23 - No Cached
  • The 10-minute post was one of more than 4,500 videos in an unusually large network of YouTube channels spreading pro-China and anti-U.S. narratives, according to a report this week from the Australian Strategic Policy Institute
  • ome of the videos used artificially generated avatars or voice-overs, making the campaign the first influence operation known to the institute to pair A.I. voices with video essays.
  • The campaign’s goal, according to the report, was clear: to influence global opinion in favor of China and against the United States.
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  • The videos promoted narratives that Chinese technology was superior to America’s, that the United States was doomed to economic collapse, and that China and Russia were responsible geopolitical players. Some of the clips fawned over Chinese companies like Huawei and denigrated American companies like Apple.
  • Content from at least 30 channels in the network drew nearly 120 million views and 730,000 subscribers since last year, along with occasional ads from Western companies
  • Disinformation — such as the false claim that some Southeast Asian nations had adopted the Chinese yuan as their own currency — was common. The videos were often able to quickly react to current events
  • he coordinated campaign might be “one of the most successful influence operations related to China ever witnessed on social media.”
  • Historically, its influence operations have focused on defending the Communist Party government and its policies on issues like the persecution of Uyghurs or the fate of Taiwan
  • Efforts to push pro-China messaging have proliferated in recent years, but have featured largely low-quality content that attracted limited engagement or failed to sustain meaningful audiences
  • “This campaign actually leverages artificial intelligence, which gives it the ability to create persuasive threat content at scale at a very limited cost compared to previous campaigns we’ve seen,”
  • YouTube said in a statement that its teams work around the clock to protect its community, adding that “we have invested heavily in robust systems to proactively detect coordinated influence operations.” The company said it welcomed research efforts and that it had shut down several of the channels mentioned in the report for violating the platform’s policies.
  • China began targeting the United States more directly amid the mass pro-democracy protests in Hong Kong in 2019 and continuing with the Covid-19 pandemic, echoing longstanding Russian efforts to discredit American leadership and influence at home and aboard.
  • Over the summer, researchers at Microsoft and other companies unearthed evidence of inauthentic accounts that China employed to falsely accuse the United States of using energy weapons to ignite the deadly wildfires in Hawaii in August.
  • Meta announced last month that it removed 4,789 Facebook accounts from China that were impersonating Americans to debate political issues, warning that the campaign appeared to be laying the groundwork for interference in the 2024 presidential elections.
  • It was the fifth network with ties to China that Meta had detected this year, the most of any other country.
  • The advent of artificial technology seems to have drawn special interest from Beijing. Ms. Keast of the Australian institute said that disinformation peddlers were increasingly using easily accessible video editing and A.I. programs to create large volumes of convincing content.
  • She said that the network of pro-China YouTube channels most likely fed English-language scripts into readily available online text-to-video software or other programs that require no technical expertise and can produce clips within minutes. Such programs often allow users to select A.I.-generated voice narration and customize the gender, accent and tone of voice.
  • In 39 of the videos, Ms. Keast found at least 10 artificially generated avatars advertised by a British A.I. company
  • she also discovered what may be the first example in an influence operation of a digital avatar created by a Chinese company — a woman in a red dress named Yanni.
  • The scale of the pro-China network is probably even larger, according to the report. Similar channels appeared to target Indonesian and French people. Three separate channels posted videos about chip production that used similar thumbnail images and the same title translated into English, French and Spanish.
Javier E

Fun is dead. - The Washington Post - 0 views

www.washingtonpost.com/...fun-is-dead

fun joy pleasure social media work US

shared by Javier E on 24 Dec 23 - No Cached
  • Sometime in recent history, possibly around 2004, Americans forgot to have fun, true fun, as though they’d misplaced it like a sock.
  • Instead, fun evolved into work, sometimes more than true work, which is where we find ourselves now.
  • Fun is often emphatic, exhausting, scheduled, pigeonholed, hyped, forced and performative
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  • Things that were long big fun now overwhelm, exhaust and annoy. The holiday season is an extended exercise in excess and loud, often sleazy sweaters.
  • Which means it is nothing of the sort. This is the drag equivalent of fun and suggests that fun is done.
  • Adults assiduously record themselves appearing to have something masquerading as “fun,” a fusillade of Coachellic micro social aggressions unleashed on multiple social media platforms. Look at me having so much FUN!
  • “I feel like I should be having more fun than I’m actually having,” says Alyssa Alvarez, a social media marketing manager and DJ in Detroit, expressing a sentiment that many share. “There are expectations of what I want people to believe that my life is like rather than what my life is actually like.”
  • Weddings have morphed into multistage stress extravaganzas while doubling as express paths to insolvency: destination proposals for the whole family, destination bachelorette and bachelor blowouts, destination weddings in remote barns with limited lodging, something called a “buddymoon” (bring the gang!) and planners to help facilitate the same custom cocktailsness of it all.
  • What could be a greater cause for joy or more natural than having a baby? Apparently, not much these days. Impending parenthood is overthought and over-apped, incorporating more savings-draining events that didn’t exist a few decades ago: babymoons and lethal, fire-inducing, gender-reveal gatherings and baby showers so over-the-top as to shame weddings.
  • Retirements must be purposeful. Also, occasions for an acute identity crisis. You need to have a plan, a mission, a coach, a packed color-coded grid of daily activities in a culture where our jobs are our identities, our worth tied to employment.
  • Vacations are overscheduled with too many activities, FOMO on steroids, a paradox of choice-inducing decision fatigue, so much so that people return home exhausted and in need of another one.
  • “The world is so much less about human connection,” says Amanda Richards, 34, who works in casting in Los Angeles and is a graduate of Cudworth’s course. “We do more things virtually. People are more isolated. And there’s all this toxic positivity to convince people of how happy you are.”
  • For eons, early adulthood was considered an age of peak fun. Now, according to several studies, it’s a protracted state of anxiety and depression.
  • Because there is now a coach for everything, Alvarez hired the “party coach” Evan Cudworth, taking his $497 course this fall on how to pursue “intentional fun.” (It now costs $555.)
  • Instead of this being the most wonderful time of the year, we battle holiday fatigue, relentless beseeching for our money and, if Fox News is to be believed, a war on Christmas that is nearing its third decade.
  • Blame it on technological advances that tether us to work without cessation
  • Blame it on the pandemic, which exacerbated so much while delivering Zoomageddon.
  • Blame it on 2004, with the advent of Facebook, which led to Twitter (okay, X), Instagram, Threads, TikTok and who-knows-what lurking in the ether.
  • Blame it again on 2004 and the introduction of FOMO, our dread of missing out, broadcast through multiple social media spigots
  • “So many people are retreating into their phones, into anxiety,” says Cudworth, 37, from Chicago. “I’m helping people rediscover what fun means to them.”
  • His mandate is redefining fun: cutting back on bingeing screen time, eradicating envy scrolling, getting outside, moving, dancing. “With technology, we don’t allow ourselves to be present. You’re always thinking ‘something is better around the corner,’” Cudworth says, the now squandered in pursuit of the future.
  • Blame it on an American culture that values work, productivity, power, wealth, status and more work over leisure
  • ow do Americans spend their leisure hours when they might be having fun with others, making those vital in-person connections? Watching television, our favorite free time and “sports activity” (yes, that’s how it’s classified), according to the Bureau of Labor Statistics, an average of 2.8 hours daily.
  • “That’s way more television than you really need. We put play on the back burner,” says Pat Rumbaugh, 65, of Takoma Park, Md. She’s “The Play Lady,” who organizes unorganized play for adults
  • Catherine Price, the author of “The Power of Fun: How to Feel Alive Again,” believes “we’re totally misdoing leisure” and “not leaving any room for spontaneity.”
  • To Price, True Fun is the confluence of connection (other people, nature), playfulness (lightheartedness, freedom) and flow (being fully engaged, present), which is not as challenging as it sounds. “You can have fun in any context. Playfulness is about an attitude,”
  • Back in the day, co-workers were friends. (Sometimes, more.) After hours, they gathered for drinks, played softball. Today, because of email, Slack and remote work, offices are half empty and far quieter than libraries.
  • “We go to work and there’s no sense of connection and camaraderie,” says Davis, who was long employed by his city’s department of parks and recreation. “People feel emotionally disconnected. Healthy conversations are the precursor of fun. We’ve lost the art of communication. Our spirit comes home with us. If you don’t communicate at work, what are you coming home with?”
woodlu

What Spotify should learn from the Joe Rogan affair | The Economist - 0 views

www.economist.com/...21807509

culture policy

shared by woodlu on 03 Feb 22 - No Cached
  • Yet he has broken no laws, nor even, Spotify seems to believe, the company’s content rules.
  • As a matter of principle, Mr Rogan should be able to speak. As a commercial question, Spotify has made a publisher’s gamble that his wildly popular show will attract more customers than it repels—just as Netflix recently bet that Dave Chappelle’s risqué comedy show would tickle more subscribers than it turned off. The gamble is, in the most literal sense, Spotify’s business.
  • The result is that the content mix on audio platforms is starting to look less like the curated library of Netflix and more like the infinite hotch-potch of YouTube. Unlike other social networks, however, audio platforms have little experience in moderating content.
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  • Most of the 3.2m podcasters on Spotify are not like Mr Rogan, who sold his show to the company in 2020 for a reported $100m. The vast majority are amateurs,
  • The vaccines bust-up is their first taste of an argument that other social networks have grappled with for years and which is now coming to audio.
  • On the one hand, most consumers want protection from the most harmful content, the best example being the incitement to violence, which even America’s First Amendment condemns.
  • On the other hand, few want tech executives to become censors. Plenty of good music features bad language, disturbing ideas and violence. Some podcasts will stoke controversy. Free speech must be the default.
  • The starting point is transparency, which the audio platforms sorely lack.
  • Apple, the next-biggest streamer, has content guidelines for podcasts but a rough style guide for music. Amazon, the third-largest, has published even less in the way of rules. And whereas Facebook and co release regular reports on what content they have taken down and why, the audio streamers are opaque.
  • Amid the Rogan crisis, Spotify casually mentioned that it had removed 20,000 other podcast episodes over covid misinformation. What else is it taking down? No one knows
  • But clear, predictable rules can protect speech as much as containing it. Rules determine not just what is banned, but also help defend what is allowed.
  • The social networks are far from perfect, but rules that are open to public scrutiny can gradually be improved on.
  • By contrast, the failure to spell out what is and isn’t allowed risks having a chilling effect, in which people steer clear of controversy for fear of triggering the unpredictable censor.
  • The lack of well-defined rules encourages an ongoing free-for-all of the sort seen this week, in which critics hope that by withdrawing their business or shouting loudly enough, they can force companies to cancel acts they disapprove of.
  • As platforms like Spotify open their gates to more user-generated content, the same free-speech battles are coming to audio. Streamers should get their rules ready now, and prepare for the next, inevitable explosion.
Javier E

How Russian Sanctions Work - The Atlantic - 0 views

www.theatlantic.com/...622940

sanctions russia central bank bankruptcy history crisis policy economics

shared by Javier E on 28 Feb 22 - No Cached
  • Central-bank sanctions are a weapon so devastating, in fact, that the only question is whether they might do more damage than Western governments might wish. They could potentially bankrupt the entire Russian banking system and push the ruble into worthlessness.
  • Very seldom does any actual paper money change hands
  • There’s only about $12 billion of cash dollars and euros inside Russia, according to Bernstam’s research. Against that, the Russian private sector has foreign-currency claims on Russian banks equal to $65 billion, Bernstam told me. Russia’s state-owned companies have accumulated even larger claims on Russia’s foreign reserves.
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  • Russians don’t run on their banks, because they believe that in a real crunch, the Russian central bank would provide the needed cash. After all, the Russian central bank holds enormous quantities of reserves: $630 billion at the last tally
  • To finance its war on Ukraine, Russia might have hoped to draw down its foreign-currency reserves with Western central banks.
  • Not so fast, argues Bernstam. What does it mean that Russia “has” X or Y in foreign reserves? Where do these reserves exist? The dollars, euros, and pounds owned by the Russian central bank—Russia may own them, but Russia does not control them. Almost all those hundreds of billions of Russian-owned assets are controlled by foreign central banks.
  • We, the people of the Western world collectively owe the Russian state hundreds of billions of dollars. That’s not our problem. That’s Russia’s problem, an enormous one. Because one thing any debtor can do is … not pay when asked.
  • With $630 billion in reserves, there is no way Russia would ever run out of foreign currency. You’ve probably read that assertion many times in the past few days
  • All of this requires the cooperation of the Fed or ECB in the first place. The Fed or ECB could say: “Nope. Sorry. The Russian central bank’s money is frozen. No transfers of dollars or euros from the Russian central bank to commercial banks. No transfers from commercial banks to businesses or individuals. For all practical purposes, you’re broke.”
  • if Russia’s foreign income slows at the same time as it is waging a hugely costly war against Ukraine, it will need its reserves badly. And suddenly, it will be as if the money disappeared. Every Russian person, individual, or state entity with any kind of obligation denominated in foreign currency would be shoved toward default.
  • Of course, long before any of that happened, everybody involved in the transactions would have panicked.
  • The ruble would cease to be a convertible currency. It would revert to being the pseudo-currency of Soviet times: something used for record-keeping purposes inside Russia, but without the ability to buy goods or services on international markets. The Russian economy would close upon itself, collapsing into as much self-sufficiency as possible for a country that produces only basic commodities.
  • Russia imports almost everything its citizens eat, wear, and use. And in the modern digitized world, that money cannot be used without the agreement of somebody’s central bank. You could call it Bernstam’s law: “Do not fight with countries whose currencies you use as a reserve currency to maintain your own.”
  • There is one exception to the rule about reserves as notations: About $132 billion of Russia’s reserves takes the form of physical gold in vaults inside Russia
  • Only one customer is rich enough to take significant gold from a sanctioned nation like Russia: China.
  • that does not solve the real problem, which is not to buy specific items from specific places, but to sustain the ruble as a currency that commands confidence from Russia’s own people. China cannot do that for Russians. Only the Western central banks can.
  • Putin launched his war against Ukraine in part to assert Russia’s great-power status—a war to make Russia great again. Putin seemingly did not understand that violence is only one form of power, and not ultimately the most decisive
  • The power Putin is about to feel is the power of producers against gangsters, of governments that inspire trust against governments that rule by fear.
  • Russia depends on the dollar, the euro, the pound, and other currencies in ways that few around Putin could comprehend. The liberal democracies that created those trusted currencies are about to make Putin’s cronies feel what they never troubled to learn. Squeeze them.
criscimagnael

What We Know About Brittney Griner's Detention in Russia - The New York Times - 0 views

www.nytimes.com/...brittney-griner-russia.html

shared by criscimagnael on 07 Mar 22 - No Cached
  • As tensions rose between Russia and the United States, Russian authorities detained Brittney Griner, a W.N.B.A. star, on drug charges.
  • Russia is talking about potentially serious charges.The Russian Federal Customs Service said that a sniffer dog had prompted it to search the carry-on luggage of an American basketball player at the Sheremetyevo airport near Moscow, and that it had found vape cartridges containing hashish oil. A state-owned Russian news agency then identified the player as Ms. Griner.
  • Hashish oil is a marijuana concentrate that has a high concentration of the psychoactive chemical THC, and it is commonly sold in cartridges that are used in vape pens.
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  • a charge that could carry a sentence of up to 10 years in prison.
  • “Brittney has always handled herself with the utmost professionalism during her long tenure with USA Basketball,” U.S.A. Basketball said on Twitter.
  • The timing of the detention remains murky. Its political implications do, too.
  • “This follows a pattern of Russia wrongly detaining & imprisoning US citizens,” Representative Joaquin Castro, Democrat of Texas, wrote on Twitter on Saturday, citing the case of Trevor Reed, a former U.S. Marine whom a Russian court sentenced to nine years in prison in 2020 on charges of violence against police officers that his family and supporters described as fraudulent.
  • Ms. Griner was in Russia to play. Many W.N.B.A. stars rely on income from overseas leagues.
  • The financial incentives are compelling. W.N.B.A. players make a fraction of what their male counterparts do, with their maximum salary in 2022 at $228,094 while the top N.B.A. players are paid tens of millions of dollars.
  • Some observers criticized the gender pay gap in American basketball in connection to Ms. Griner’s detention.
  • “Whenever an American is detained anywhere in the world, we of course stand ready to provide every possible assistance,” Mr. Blinken said. “And that includes in Russia.”
woodlu

The economic consequences of the war in Ukraine | The Economist - 1 views

www.economist.com/...equences-of-the-war-in-ukraine

politics crisis history policy economics

shared by woodlu on 24 Feb 22 - No Cached
  • The immediate global implications will be higher inflation, lower growth and some disruption to financial markets as deeper sanctions take hold.
  • Sanctions after the invasion of Crimea did not prevent BP, ExxonMobil or Shell from investing in Russia, while American penalties on Rusal, a Russian metals firm, in 2018 were short-lived.
  • Russia is one of the world’s largest oil producers and a key supplier of industrial metals such as nickel, aluminium and palladium.
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  • Russia and Ukraine are major wheat exporters, while Russia and Belarus (a Russian proxy) are big in potash, an input into fertilisers.
  • the price of Brent oil breached $100 per barrel on the morning of February 24th and European gas prices rose by 30%.
  • Their delivery might be disrupted if physical infrastructure such as pipelines or Black Sea ports are destroyed. Alternatively, deeper sanctions on Russia’s commodity complex could prevent Western customers from buying from it.
  • The longer-term fallout will be a further debilitation of the system of globalised supply chains and integrated financial markets that has dominated the world economy since the Soviet Union collapsed in 1991.
  • Russia may retaliate by deliberately creating bottlenecks that raise prices. America may lean on Saudi Arabia to increase oil production and prod its domestic shale firms to ramp up output.
  • America is thus likely to put much tougher Huawei-style sanctions on Russian tech firms, limiting their access to cutting-edge semiconductors and software, and also blacklist Russia’s largest two banks, Sberbank and VTB, or seek to cut Russia off from the SWIFT messaging system that is used for cross-border bank transfers.
  • The tech measures will act as a drag on Russia’s growth over time and annoy its consumers.
  • The banking restrictions will bite immediately, causing a funding crunch and impeding financial flows in and out of the country.
  • Russia will turn to China for its financial needs. Already trade between the two countries has been insulated from Western sanctions, with only 33% of payments from China to Russia now taking place in dollars, down from 97% in 2014.
  • What does all this mean for the global economy? Russia faces a serious but not fatal economic shock as its financial system is isolated. For the global economy the prospect is of higher inflation as natural-resource prices rise, intensifying the dilemma that central banks face, and a possible muting of corporate investment as jittery markets dampen confidence.
lilyrashkind

Ketanji Brown Jackson is the most popular Supreme Court nominee in years - CNNPolitics - 0 views

www.cnn.com/...wn-jackson-supreme-court-biden

politics us supreme court

shared by lilyrashkind on 26 Mar 22 - No Cached
  • (CNN)Two news stories dominated the headlines this week. The ongoing Russian invasion of Ukraine reached its one month mark. And the Senate hosted confirmation hearings for Judge Ketanji Brown Jackson to join the Supreme Court. It's with the Jackson confirmation hearings that we begin our statistical journey into the news of the week.
  • If Jackson's ratings hold up through her likely confirmation, she would be the most popular nominee to be confirmed since John Roberts in 2005. Jackson's popularity should only help her in the confirmation process. Read MoreA few years ago, I built a statistical model to help understand why senators vote the way they do on Supreme Court nominees. The model took into account variables such as a nominee's qualifications, the ideology of the nominee and the senator, etc.
  • A lot of that may have had to do with the fact that he was popular. Thomas had a +33-point net popularity rating among Americans, according to an average of polling taken before he was confirmed.
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  • Indeed, one of the big stories of Supreme Court nominations this century is how divisive they've generally been with the American public. Since 2005, nominees who either got a Senate vote or withdrew their nominations averaged only a +10-point net popularity rating in their final polls. Compare that with nominees from 1986 to 1994, who averaged a +26-point net popularity rating in their final polls before their Senate vote or withdrawal of their nomination. This strong popularity for earlier nominees helps, at least in small part, to explain why most of them flew through their confirmation hearings and why many this century have generally had a harder time.
  • Still, it would be surprising if Jackson didn't get at least a few Republican votes. Sens. Susan Collins of Maine, Lisa Murkowski of Alaska and Rob Portman of Ohio seem the most likely given how often they've voted with Biden this Congress. The good news for Democrats is that even if Jackson doesn't get any Republican votes, the polarization would still help her. It is unlikely that any Democrat will vote against her. With the Senate Democratic Caucus controlling 50 seats and Vice President Kamala Harris breaking any tie votes, all Jackson needs for confirmation is Democratic support.
  • There were just 220 mentions of inflation by comparison. Yet, that's what voters care the most about. In a CBS News/YouGov poll from earlier this month, 46% said the "economy and jobs" or "inflation" were the most important issues facing the country. No other issue came close. This could explain why there's been a minimal "rally around the flag" effect for Biden following the Russian invasion of Ukraine. While the President's approval rating seemed to rise by a point or two initially, any rise has since flattened out. Biden's average approval rating stands in the low 40s with a disapproval rating in the mid 50s.
  • The fact that the economy has remained important to determining the temperature of the electorate shouldn't be surprising. Even with a global pandemic, the 2020 election result tracked well with what would have been expected with a lackluster, though not awful, economy. It's a reminder that what
  • Helping others: A Gallup study found strong growth across the world in people helping strangers, volunteering time to organizations and donating money to charities over the course of the pandemic, with participation in such activities increasing by nearly 25%.
Javier E

At the China-Russia Border, the Xi-Putin Partnership Shows Signs of Fraying - WSJ - 0 views

www.wsj.com/...-russia-china-ukraine-5c588831

china russia relationship partnership tension

shared by Javier E on 20 Mar 23 - No Cached
  • The meeting in Moscow this week between Chinese leader Xi Jinping and Russian President Vladimir Putin is expected to showcase what they have declared a partnership with “no limits” between their countries. Beneath the surface are economic, political, cultural and historical divisions that undercut the relationship.
  • Russia seeks to disrupt the international order, including through military action. The International Criminal Court last week issued an arrest warrant against Mr. Putin for war crimes. China, which reached its economic stature through the status quo, seeks changes that further its interests, complicating the binational collaboration,
  • In many ways, the Chinese and Russian economies are highly complementary. Russia exports natural resources China needs to power its industrial economy. China sells goods that Russian consumers want. On the energy front in particular, Chinese purchases of oil and gas since the invasion of Ukraine have helped Russia weather Western sanctions.
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  • China-Russia relations are far from a “monolithic bloc,” Zhao Long, a scholar at China’s Shanghai Institutes for International Studies, wrote in a recent paper. “In Beijing’s vision, it never should become one.”
  • One exhibit depicts the killing of thousands of Chinese in the region by Russians in 1900. Over a loudspeaker, a narrator concludes that Russia-China relations were today peaceful, but that China must remain vigilant. “We can never forget this history,” the narrator said. “If you lag behind, you will get beaten.”  
  • A long and sometimes violent history between Russia and China has left a legacy of distrust. A museum in Heihe is dedicated to what it depicts as centuries of aggressions by Russian soldiers against the Chinese
  • Mr. Xi’s language during his Moscow visit will be closely parsed by Western officials and security analysts seeking to understand China’s intentions for Russia. The frayed ends of China-Russia economic ties are, by contrast, out in the open.
  • Another newly opened bridge, in Heihe, had been highly touted in Chinese state media. It didn’t appear last week to be an economic boon. On the China side of the bridge, two Russian truck drivers, hauling what appeared to be metal shelving, idled near a customs checkpoint. Trucks traveling from China to Russia crossed the bridge at a rate of roughly one every five minutes and even less frequently in the other direction.
  • Before the invasion of Ukraine, most China-Russia trade was settled in U.S. dollars or Euros, an arrangement upended by Western sanctions. Chinese companies now struggle to get paid. One survey by local central-bank officials of Chinese companies that trade with Russia found that after the invasion of Ukraine, 60% of them had suspended operations or were barely scraping by because of logistical and financial hurdles from the sanctions.
  • Russia’s growing dependency on the yuan makes Russia more vulnerable to Chinese actions should relations between the two countries falter
  • “Russian leaders like to emphasize the unprecedented strategic cooperation between the two countries,” Ms. Prokopenko wrote in February for the website of the Carnegie Endowment for International Peace. “Yet in reality, this cooperation makes Moscow increasingly dependent on Beijing.” 
Javier E

Former Starbucks CEO Howard Schultz Spars With Democrats at Senate Hearing - The New Yo... - 0 views

www.nytimes.com/...tz-starbucks-union-senate.html

starbucks Democratic party senate unions economics politics

shared by Javier E on 30 Mar 23 - No Cached
  • Senator Mitt Romney of Utah, a former chief executive, said it was “somewhat rich that you’re being grilled by people who have never had the opportunity to create a single job.” He suggested that while a union might be necessary at companies “that are not good employers,” that was not the case at Starbucks.
  • Democrats’ response came at two levels of elevation. First, they said the company was excluding unionized stores from the benefits that Starbucks had introduced since the union campaign began, such as faster accrual of sick leave and a credit-card tipping option for customers, showing that its commitment to such benefits was tenuous.
  • More broadly, Democrats argued that unions acted as a corrective to a basic power imbalance between workers and management. A company might treat workers generously under one chief executive, then harshly under another. Only a union can ensure that the favorable treatment persists
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  • in illustrating how far the politics of labor have changed in Washington in recent decades, there was perhaps no better bellwether than Senator John Hickenlooper of Colorado, a former business owner and self-described “extreme moderate.”
  • Mr. Hickenlooper conducted himself more respectfully and deferentially than most of his Democratic colleagues, applauding Mr. Schultz for “creating one of the most successful brands in American history” and declaring that “you know more about economics than I will ever know.” But in his questioning he aligned himself squarely with his party, pointing out that the rise of inequality in recent decades had coincided with the weakening of unions.
Javier E

The Doctor Who Helped Take Down FTX in His Spare Time - The Atlantic - 0 views

www.theatlantic.com/...672440

crypto

shared by Javier E on 12 Dec 22 - No Cached
  • Block, a vehement crypto skeptic, has spent the past 18 months doing forensic blockchain research. He uses open-source tools to follow flows of money between crypto companies, repeatedly demonstrating how shadow banks and nefarious scammers inflate the value of worthless assets in order to generate enormous wealth that exists only on paper.
  • Crypto hides behind all this complexity, and people hear words like blockchain and get confused. You hear about decentralized networks and mining, and it sounds complicated. But you get right down to it, and it’s just a ledger. It’s just like somebody writing down numbers in a book, and it’s page after page of numbers. That’s all it is.
  • Block: There’s always stuff going on the blockchain, but these companies also have agreements off of the blockchain, right? Everything they have inside these exchanges is not on the blockchain. It’s using regular old database technology, and it’s not traceable at all. So yeah, a lot of the most important economic activity in crypto has nothing to do with blockchain at all. Huge percentages of people who do this kind of retail crypto trading, they don’t even know how to take what they bought off the exchange and put it in their own wallet.
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  • Crypto takes this abstraction a step further, because there’s nothing linked to it at all. There’s no economic activity in this space. There’s nothing produced by these companies. In fact, it’s a negative-sum game because of the cost of running the blockchains alone—the computational cost is tremendous.
  • And they produce nothing of value. There’s a reason these massive companies aren’t all using blockchain for their processes: It is incredibly inefficient
  • And realistically, who actually wants their financial information public and visible to everybody?
  • The vast majority of people who got involved in this have no interest related to the technology or in the political or ideological aspects of crypto. They just see an opportunity to get rich. And a lot of those people end up absorbing and parroting some of the crypto ideals back to you, but they don’t really care to understand what’s going on. It’s just their excuse for what they’ve already done, which is gamble on something they thought was going to make them wealthy.
  • I think most crypto companies are, like FTX, just borrowing from customer deposits to keep things afloat. And even the companies that aren’t doing that—I think Coinbase, for example, isn’t doing anything illicit, but their business model is based on this ecosystem where new money comes in. And that’s stopping.
Javier E

There's a New Menace Stalking Suburbia. Meet the McBasement. - WSJ - 0 views

www.wsj.com/...eet-the-mcbasement-11665497875

rich house construction size excess culture

shared by Javier E on 23 Dec 22 - No Cached
  • One solution? Go low. “The possibilities are endless,” says Stephen Cheney, owner of Cheney Custom Homes, who is currently constructing a roughly 16,000-square-foot home and guest home with a 5,600-square-foot “bunker” below for a bowling alley, 3-D golf simulator, and spa..origami-wrapper *{margin:0;padding:0;border:0}.origami-top-border{border-top:1px solid #dadada;padding-top:10px}.origami-headline{font-family:Retina,'Helvetica Neue',Helvetica,Arial,sans-serif;font-weight:500;color:#333;font-size:18px;line-height:20px;margin-bottom:8px}.origami-image-wrapper{display:flex;margin-bottom:10px;gap:10px}.origami-image-wrapper:last-of-type{margin-bottom:8px}.origami-image{flex:1 1}.origami-image img{max-width:100%;width:100%;height:100%;display:block;max-inline-size:100%}.origami-image figcaption{display:none}.origami-caption{display:block;font-family:Retina,Helvetica,Arial,sans-serif;font-size:14px;font-weight:300;color:#555;line-height:18.6667px;margin-bottom:4px}.origami-credit{display:block;font-family:Retina,Helvetica,Arial,sans-serif;font-size:14px;font-weight:300;color:#555;line-height:20px;text-transform:uppercase}@media (min-width:640px){#origami-dac13529-1203-4200-8bb3-a2147cdf655f .origami-hide-on-desktop{display:none}}@media (max-width:639px){#origami-dac13529-1203-4200-8bb3-a2147cdf655f .origami-hide-on-mobile{display:none}}
  • Basements can dwarf homes above. Designer Andrew Kotchen, a principal at Workshop/APD, is working on a 5,000-square-foot Nantucket abode that will have a 10,000-square-foot basement with a basketball court, garage, bedrooms and a wellness space.
  • For the 10,000-square-foot grotto, workers are using the same waterproofing technique as Boston’s Big Dig highway project, Mr. Kotchen says. An emergency pump system and thick concrete slab underneath will prevent the foundation from floating up should water levels rise, he says.
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  • In Aspen, a 5,000-square-foot basement at the confluence of two rivers required “dewatering,” says Ryan Walterscheid, a partner at architecture firm Forum Phi. Workers drilled wells around the site and pumped out almost a billion gallons of water before pouring the foundation. (The water was poured back into the river.)
  • r David Taban, who is trying to build a 23,144-square-foot house, of which 9,829 would be a basement. (He wants to dig down to appease neighbors who worried his home would hurt their views.) But getting a basement of that size required removing 5,346 cubic yards of dirt, which one city planner said would amount to 594 truckloads.
  • Spec developers know the more livable space, the bigger the price tag, says Brett Loehmann, a project manager at McClean Design. “If you don’t have great amenities, you’re not going to be the coolest person on the block.”
Javier E

Are We Past Peak Newsletter? - The New York Times - 0 views

www.nytimes.com/...newsletters-bubble.html

newsletter publishing magazine culture

shared by Javier E on 03 Jan 23 - No Cached
  • Jon Kelly, a co-founder of Puck, said subscription newsletters were part of a new model for publishing, comparing them to magazines in their heyday.
  • “If you take a look back to the history of the magazine industry, it was a business that had a total addressable market that ranged in the tens of billions of dollars focused on affinity-based creative products that people subscribed to because they absolutely loved them,” he said.
  • Mr. Kelly said Puck’s paid subscriptions had grown an average of 20 percent each mont
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  • Mailgun, the email delivery service used by Substack and Ghost, said the online publishing industry had more than quadrupled its sending volume over the last two years. The New York Times is continuing to add to its newsletter offerings for subscribers, including one written by the restaurant critic Pete Wells that just began as well as another by the opinion columnist Ross Douthat, a spokesman for the company said.
  • I’m sure the market for crappy newsletters few people are reading has collapsed,” Mr. VandeHei said. “It’s not peak newsletters — it’s the end of weak newsletters.
Javier E

Tween trends get more expensive as they take cues from social media - The Washington Post - 0 views

www.washingtonpost.com/...-tiktok-social-media-skin-care

social media teen taste standards fashion expensive

shared by Javier E on 14 Jan 24 - No Cached
  • While earlier generations might have taken their cues from classmates or magazines, tweens and teens now see their peers on platforms like TikTok, Pinterest, Instagram and YouTube.
  • And it’s spawning viral moments in retail, as evidenced by last week’s release of limited-edition Stanley tumblers at Target. Fans lined up outside stores before sunrise to nab the cup made in collaboration with Starbucks, and arguments broke out at a handful of locations. T
  • This age group also is snapping up pricey makeup and skin care, even products usually reserved for “mature” skin. That’s given rise to viral TikToks from exasperated adults.
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  • The mania behind these products is heightened by their collectability and the sense of connection they offer, industry experts say.“Material things have always been markers of identity,” Drenten said.
  • It’s also compounded by biology — puberty and cognitive development can feel upending and confusing, said Mindy Weinstein, the founder and chief executive of digital marketing company Market MindShift. So buying into a trend or product — perhaps popularized by older teens — can ease those uncomfortable feelings.
  • It’s known as the “bandwagon effect, and it’s really pronounced in that age group,
  • “they aren’t always sure where they fit into the world. But now by buying that [item] they feel like they fit in.
  • Every generation of tween has had products, accessories, brands and styles they covet. A decade ago, it was Justice clothing, colorful iPod minis, Sidekick cellphones and EOS lip balm. In the early 2000s, Juicy sweatsuits, North Face fleece jackets, Nike Shox, Abercrombie & Fitch and Razr flip phones reigned. In the ’90s it was buying from the Delia’s catalogue magazine, Lip Smacker balms, United Colors of Benetton and Tommy Hilfiger polos. The ’80s had Guess jeans, Keds, banana hair clips and J. Crew sweaters. In the ’70s it was mood rings, Wrangler and Levi’s jeans, Puma sneakers and Frye boots.
  • More than half of U.S. teenagers (ages 13 to 19) spend at least four hours a day on social media, according to Gallup, and most of that time is spent on YouTube and TikTok
  • And it’s highly effective — consumers are more likely to consider buying a product and have a favorable opinion about it if it went vira
  • “TikTok influencers already have their trust … teens and tweens see them and they want to also be into that trend and feel like they’re belonging to that social group,
  • It used to be that our hair, makeup and skin care products were only visible to those who entered our bedrooms, scanning vanities and opening drawers. Now, teens and tweens are filming “Get ready with me” videos, showing off their Rare Beauty liquid blush ($23), Laneige lip balm ($18) and Charlotte Tilbury setting spray ($38) as they complain about school or recap a friend’s bat mitzvah.
  • Margeaux Richmond and her friends spend a lot of time talking about skin care. The 12-year-old from Des Moines said she got a $62 Drunk Elephant moisturizer for Christmas. “It’s kind of pricey, but if it’s good for your skin it’s worth it,” she said. “It’s kind of important to me and my friends because we don’t want our skin to look bad or anything.”
  • This also fuels a collectability culture. The customer no longer wants one water bottle, one pair of Air Jordans, one Summer Fridays lip balm or one Nike sweatshirt — they want them in every color.
  • “We have to think about today’s consumers, not as consumers, but as fans; and fandom has always been intertwined with collecting,” Drenten said. “In today’s culture, particularly among young people, we’ve kind of shifted away from obsession with celebrities to obsession with brands.”
  • Having and displaying a collection on shelves and on social media is seen as a status symbol.
  • Superfans also collect accessories for some of these products, Briggs said, spawning a whole side industry for some products.
  • Who’s doing the actual buying is harder to track. Not all adolescents have jobs or parents who are able or willing to spend $550 on Apple AirPods Max or $275 on a Tiffany & Co’s Pink Double Heart Tag Pendant necklace. “These products, to some extent, are a point of privilege and status,
  • Some of the spending could be attributed to more young people in the workforce: Roughly 37 percent of 16- to 19-year-olds had a job or were looking for one last year,
  • That’s the highest rate since 2009.
  • Richmond said she uses her babysitting money to buy Drunk Elephant skin care or Kendra Scott jewelry — items “my parents won’t buy me.” She’s saving up for her second Stanley tumbler.
  • Drenten emphasized that shopping or gift hauls on social media don’t reflect what every teen or tween wants. It varies by socioeconomics, demographics and personal preference. “At the end of the day, they can still be influenced by who they’re around and not necessarily what they’re seeing as the top line products online.”
Javier E

Suddenly There Aren't Enough Babies. The Whole World Is Alarmed. - WSJ - 0 views

www.wsj.com/...-global-decline-cause-ddaf8be2

population demographic revolution decline global response

shared by Javier E on 14 May 24 - No Cached
  • The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep population constant. It may have already happened.
  • Fertility is falling almost everywhere, for women across all levels of income, education and labor-force participation.
  • Governments have rolled out programs to stop the decline—but so far they’ve barely made a dent.
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  • It’s dropping in developing countries, too. India surpassed China as the most populous country last year, yet its fertility is now below replacement.
  • “The demographic winter is coming,”
  • Smaller populations come with diminished global clout, raising questions in the U.S., China and Russia about their long-term standings as superpowers.
  • Some demographers think the world’s population could start shrinking within four decades—one of the few times it’s happened in history.
  • A year ago Japanese Prime Minister Fumio Kishida declared that the collapse of the country’s birthrate left it “standing on the verge of whether we can continue to function as a society.”
  • Had fertility stayed near 2.1, where it stood in 2007, the U.S. would have welcomed an estimated 10.6 million more babies since
  • In 2017, when the global fertility rate—a snapshot of how many babies a woman is expected to have over her lifetime—was 2.5, the United Nations thought it would slip to 2.4 in the late 2020s. Yet by 2021, the U.N. concluded, it was already down to 2.3—close to what demographers consider the global replacement rate of about 2.2
  • He has found that national birth registries are typically reporting births 10% to 20% below what the U.N. projected.
  • China reported 9 million births last year, 16% less than projected in the U.N.’s central scenario. In the U.S., 3.59 million babies were born last year, 4% less than the U.N. projected. In other countries, the undershoot is even larger: Egypt reported 17% fewer births last year. In 2022, Kenya reported 18% fewer.
  • In 2017 the U.N. projected world population, then 7.6 billion, would keep climbing to 11.2 billion in 2100. By 2022 it had lowered and brought forward the peak to 10.4 billion in the 2080s. That, too, is likely out of date
  • the University of Washington now thinks it will peak around 9.5 billion in 2061 then start declining. 
  • The falling birthrates come with huge implications for the way people live, how economies grow and the standings of the world’s superpowers.
  • In the U.S., a short-lived pandemic baby boomlet has reversed. The total fertility rate fell to 1.62 last year, according to provisional government figures, the lowest on record.
  • In 2017, when the fertility rate was 1.8, the Census Bureau projected it would converge over the long run to 2.0. It has since revised that down to 1.5. “It has snuck up on us,”
  • Historians refer to the decline in fertility that began in the 18th century in industrializing countries as the demographic transition. As lifespans lengthened and more children survived to adulthood, the impetus for bearing more children declined. As women became better educated and joined the workforce, they delayed marriage and childbirth, resulting in fewer children. 
  • Some demographers see this as part of a “second demographic transition,” a societywide reorientation toward individualism that puts less emphasis on marriage and parenthood, and makes fewer or no children more acceptable. 
  • In research published in 2021, the University of Maryland’s Kearney and two co-authors looked for possible explanations for the continued drop. They found that state-level differences in parental abortion notification laws, unemployment, Medicaid availability, housing costs, contraceptive usage, religiosity, child-care costs and student debt could explain almost none of the decline
  • “We suspect that this shift reflects broad societal changes that are hard to measure or quantify,” they conclude.
  • while raising children is no more expensive than before, parents’ preferences and perceived constraints have changed
  • “If people have a preference for spending time building a career, on leisure, relationships outside the home, that’s more likely to come in conflict with childbearing.” 
  • Once a low fertility cycle kicks in, it effectively resets a society’s norms and is thus hard to break, said Jackson. “The fewer children you see your colleagues and peers and neighbors having, it changes the whole social climate,”
  • Fertility is below replacement in India even though the country is still poor and many women don’t work—factors that usually sustain fertility.
  • Urbanization and the internet have given even women in traditional male-dominated villages a glimpse of societies where fewer children and a higher quality of life are the norm. “People are plugged into the global culture,
  • mothers and fathers, especially those that are highly educated, spend more time with their children than in the past. “The intensity of parenting is a constraint,”
  • Sub-Saharan Africa once appeared resistant to the global slide in fertility, but that too is changing. The share of all women of reproductive age using modern contraception grew from 17% in 2012 to 23% in 2022
  • Jose Rimon, a professor of public health at Johns Hopkins University, credits that to a push by national leaders in Africa which, he predicted, would drive fertility down faster than the U.N. projects. 
  • Mae Mariyam Thomas, 38, who lives in Mumbai and runs an audio production company, said she’s opted against having children because she never felt the tug of motherhood. She sees peers struggling to meet the right person, getting married later and, in some instances, divorcing before they have kids. At least three of her friends have frozen their eggs,
  • Danielle Vermeer grew up third in a family of four children on Chicago’s North Side, where her neighborhood was filled with Catholics of Italian, Irish and Polish descent and half her close friends had as many siblings as her or more.
  • Her Italian-American father was one of four children who produced 14 grandchildren. Now her parents have five grandchildren, including Vermeer’s two children, ages 4 and 7.
  • The 35-year-old, who is the co-founder of a fashion thrifting app, said that before setting out to have children, she consulted dozens of other couples and her Catholic church and read at least eight books on the subject, including one by Pope Paul VI. She and her husband settled on two as the right number.“The act of bringing a child into this world is an incredible responsibility,” she said.
  • Perhaps no country has been trying longer than Japan. After fertility fell to 1.5 in the early 1990s, the government rolled out a succession of plans that included parental leave and subsidized child care. Fertility kept falling.
  • In 2005, Kuniko Inoguchi was appointed the country’s first minister responsible for gender equality and birthrate. The main obstacle, she declared, was money: People couldn’t afford to get married or have children. Japan made hospital maternity care free and introduced a stipend paid upon birth of the child. 
  • Japan’s fertility rate climbed from 1.26 in 2005 to 1.45 in 2015. But then it started declining again, and in 2022 was back to 1.26.
  • This year, Prime Minister Fumio Kishida rolled out yet another program to increase births that extends monthly allowances to all children under 18 regardless of income, free college for families with three children, and fully paid parental leave.
  • noguchi, now a member of parliament’s upper house, said the constraint on would-be parents is no longer money, but time. She has pressed the government and businesses to adopt a four-day workweek
  • If you’re a government official or manager of a big corporation, you should not worry over questions of salary now, but that in 20 years time you will have no customers, no clients, no applicants to the Self-Defense Forces.”
  • Hungarian Prime Minister Viktor Orban has pushed one of Europe’s most ambitious natality agendas. Last year he expanded tax benefits for mothers so that women under the age of 30 who have a child are exempt from paying personal income tax for life. That’s on top of housing and child-care subsidies as well as generous maternity leaves. 
  • Hungary’s fertility rate, though still well below replacement, has risen since 2010. But the Vienna Institute of Demography attributed this primarily to women delaying childbirth because of a debt crisis that hit around 2010. Adjusted for that, fertility has risen only slightly, it concluded.
  • The usual prescription in advanced countries is more immigration, but that has two problems.
  • With no reversal in birthrates in sight, the attendant economic pressures are intensifying. Since the pandemic, labor shortages have become endemic throughout developed countries. That will only worsen in coming years as the postcrisis fall in birthrates yields an ever-shrinking inflow of young workers, placing more strain on healthcare and retirement systems.
  • worsening demographics could make this a second consecutive “lost decade” for global economic growth.
  • The Institute for Health Metrics and Evaluation found little evidence that pronatalist policies lead to sustained rebounds in fertility. A woman may get pregnant sooner to capture a baby bonus, researchers say, but likely won’t have more kids over the course of her lifetime.
  • As more countries confront stagnant population, immigration between them is a zero-sum gam
  • Historically, host countries have sought skilled migrants who enter through formal, legal channels, but recent inflows have been predominantly unskilled migrants often entering illegally and claiming asylum.
  • High levels of immigration have also historically aroused political resistance,
  • Many of the leaders keenest to raise birthrates are most resistant to immigratio
  • As birthrates fall, more regions and communities experience depopulation, with consequences ranging from closed schools to stagnant property values. Less selective colleges will soon struggle to fill classrooms because of the plunge in birthrates that began in 2007, said Fernández-Villaverde. Vance said rural hospitals can’t stay open because of the falling local population.
  • An economy with fewer children will struggle to finance pensions and healthcare for growing ranks of elderly. South Korea’s national pension fund, one of the world’s largest, is on track to be depleted by 2055
  • There’s been little public pressure to act, said Sok Chul Hong, an economist at Seoul National University. “The elderly are not very interested in pension reform, and the youth are apathetic towards politics,” he said. “It is truly an ironic situation.”
Javier E

The Lesson of 1975 for Today's Pessimists - WSJ - 0 views

www.wsj.com/...s-pessimists-new-year-3349098e

opportunities tech 2024

shared by Javier E on 01 Jan 24 - No Cached
  • out of the depths of the inflation-riddled ’70s came the democratization of computing and finance. It feels to me as if we’re at a similar point. What’s going to be democratized next?
  • Start with quantum computing, autonomous vehicles and delivery drones. Even the once-in-a-generation innovation of machine learning and artificial intelligence is generating fear and doubt. Like homebrew computers, we’re at the rudimentary stage.
  • Especially in medicine. Healthcare pricing, billing and reimbursements are completely nonsensical. ObamaCare made it worse, but change is beginning. Pandemic-enabled telemedicine is a crack in the old way’s armor. Self-directed healthcare will grow. Ozempic and magic pills are changing lives. Crispr gene editing is also rudimentary but could extend healthy life expectancies. Add precision oncology, computational biology, focused ultrasound and more. The upside is endless.
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  • AI will usher in knowledgeable and friendly automated customer service any day now. But there is so much else on the innovation horizon: osmotic energy, geothermal, nuclear fusion, autonomous farming, photonic computing, human longevity. Plus all the stuff in research labs we haven’t heard of yet, let alone invented and brought to market.
  • Every industry is about to change, which will defy skeptics. Figure out how, and then, as Mr. Wozniak suggests, get your hands dirty. As always, the pain point is cost. Look for things that get cheaper—that’s the only way to clear the smoke and get new marvels into global consumer hands.
Javier E

Who's Afraid of Early Cancer Detection? - WSJ - 0 views

www.wsj.com/...on-grail-fda-approval-94f071a9

wsj health cancer detection test

shared by Javier E on 04 Feb 24 - No Cached
  • A diagnosis of pancreatic cancer usually means a quick death—but not for Roger Royse, who was in Stage II of the disease when he got the bad news in July 2022. The five-year relative survival rate for late-stage metastatic pancreatic cancer is 3%—which means that patients are 3% as likely to live five years after their diagnosis as other cancer-free individuals. But if pancreatic cancer is caught before it has spread to other organs, the survival rate is 44%.
  • some public-health experts think that’s just as well. They fret that widespread use of multicancer early-detection tests would cause healthcare spending to explode. Those fears have snarled Galleri and similar tests in a web of red tape.
  • Early diagnosis is the best defense against most cancers,
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  • But only a handful of cancers—of the breast, lung, colon and cervix—have screening tests recommended by the U.S. Preventive Services Task Force
  • Many companies are developing blood tests that can detect cancer signals before symptoms occur, and Grail’s is the most advanced. A study found it can identify more than 50 types of cancer 52% of the time and the 12 deadliest cancers in Stages I through III 68% of the time.
  • There’s a hitch. The test costs $949 and isn’t covered by Medicare or most private insurance.
  • The trouble is that this cancer is almost never caught early. There’s no routine screening for it, and symptoms don’t develop until it is advanced. Mr. Royse, 64, had no idea he was sick until he took a blood test called Galleri, produced by the Menlo Park, Calif., startup Grail. He had surgery and chemotherapy and is now cancer-free.
  • Mr. Royse visited Grail’s website, which referred him to a telemedicine provider who ordered a test. Another telemedicine doctor walked him through his results, which showed a cancer signal likely emanating from the pancreas, gallbladder, stomach or esophagus.
  • An MRI revealed a suspicious mass on his pancreas, which a biopsy confirmed was cancerous. Mr. Royse had three months of chemotherapy, surgery and another three months of chemotherapy, which ended last February. Because pancreatic cancer often recurs, he gets CT and MRI scans every three months. In addition, he has signed up for startup Natera’s Signatera customized blood test, which checks DNA specific to the patient’s cancer and can signal its return before signs are visible on the scans
  • Grail’s test likewise looks for DNA shed by cancer cells, which is tagged by molecules called methyl groups that are specific to a cancer’s origin. Grail uses genetic sequencing and machine learning to recognize links between DNA methyl groups and particular cancers
  • The test “is based on how much DNA is being shed by tumor,” Grail’s president, Josh Ofman, says. “Some tumors shed a lot of DNA. Some shed almost none.
  • ut slow-growing tumors typically aren’t shedding a lot of DNA.” That reduces the probability that Grail’s test will identify indolent cancers that pose no immediate danger.
  • Grail’s test has a roughly 0.5% false-positive rate, meaning 1 in 200 patients who don’t have cancer will get a positive signal
  • Its positive predictive value is 43%, so that of every 100 patients with a positive signal, 43 actually have cancer
  • the legislation’s price tag could reduce political support. According to one private company’s estimate, the test could cost the government $39 billion to $145 billion over a decade. Mr. Goldman counters that analysts usually overestimate the costs and underestimate the benefits of medical interventions.
  • Because Grail uses machine learning to detect DNA-methylation cancer linkages, the Grail test’s accuracy should improve as more tests and patient data are collected
  • regulators may balk at approving the test, and insurers at covering it, until it becomes cheaper and more reliable.
  • How would the FDA weigh the risk that a false positive on a test like Grail’s could require invasive follow-up testing against the dire but hard-to-quantify risk that a deadly cancer wouldn’t be caught until it’s much harder to treat? It’s unclear.
  • some experts urge the FDA to require large randomized controlled trials before approving blood cancer tests. “Multicancer screening would entail tremendous costs and potentially substantial harms,” H. Gilbert Welch and Tanujit Dey of Brigham and Women’s Hospital wrote
  • Dr. Welch and Mr. Dey also suggested that companies should be required to prove their tests reduce overall mortality, even though the FDA doesn’t require drugmakers to prove their products reduce deaths or extend life. Clinical trials for the mRNA Covid vaccines didn’t show they reduced deaths.
  • One alternative is to rely on real-world studies, which Grail is already doing. One study of patients 50 and older without signs of cancer showed that the test doubled the number of cancers detected.
  • One recurring problem he has seen: “Epidemiologists are always getting cancer wrong,” he says. “Epidemiologists a decade ago said U.S. overtreats cancers. Well, no, the EU undertreats cancer.”
  • A 2012 study that he co-authored found that the higher U.S. spending on cancer care relative to Europe between 1983 and 1999 resulted in significantly higher survival rates for American patients than for those in Europe
  • By his study’s calculation, U.S. spending on cancer treatments during that period resulted in $556 billion in net benefits owing to reduced mortality.
  • He expects Galleri and other multicancer early-detection tests to reduce deaths and produce public-health and economic benefits that exceed their monetary costs
  • Expanding access to multicancer early-detection tests could also help solve the chicken-and-egg problem of drug development. Because few patients are diagnosed at early stages of some cancers, it’s hard to develop treatments for them
  • the positive predictive value for some recommended cancer screenings is far lower. Fewer than 1 in 10 women with an abnormal finding on a mammogram are diagnosed with breast cancer.
  • Mr. Royse makes the same point with personal force. “I would be dead right now if not for multicancer early-detection testing,” Mr. Royse told an FDA advisory committee last fall. “The longer the FDA waits, the more people are going to die. It’s that simple.”
Javier E

Inside the porn industry, AI looms large - The Washington Post - 0 views

www.washingtonpost.com/...ai-porn-avn-industry

porn ai transformation disruption culture

shared by Javier E on 28 Feb 24 - No Cached
  • Since the first AVN “expo” in 1998, adult entertainment has been overtaken by two business models: Pornhub, a free site supported by ads, and OnlyFans, a subscription platform where individual actors control their businesses and their fate.
  • Now, a new shift is on the horizon: Artificial intelligence models that spin up photorealistic images and videos that put viewers in the director’s chair, letting them create whatever porn they like.
  • Some site owners think it’s a privilege people will pay for, and they are racing to build custom AI models that — unlike the sanitized content on OpenAI’s video engine Sora — draw on a vast repository of porn images and videos.
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  • he trickiest question may be how to prevent abuse. AI generators have technological boundaries, but not morals, and it’s relatively easy for users to trick them into creating content that depicts violence, rape, sex with children or a celebrity — or even a crush from work who never consented to appear
  • In some cases, the engines themselves are trained on porn images whose subjects didn’t explicitly agree to the new use. Currently, no federal laws protect the victims of nonconsensual deepfakes.
  • Adult entertainment is a giant industry accounting for a substantial chunk of all internet traffic: Major porn sites get more monthly visitors and page views than Amazon, Netflix, TikTok or Zoom
  • The industry is a habitual early adopter of new technology, from VHS to DVD to dot com. In the mid-2000s, porn companies set up massive sites where users upload and watch free videos, and ad sales foot the bills.
  • At last year’s AVN conference, Steven Jones said his peers looked at him “like he was crazy” when he talked about AI opportunities: “Nobody was interested.” This year, Jones said, he’s been “the belle of the ball.”
  • He called up his old business partner, and the two immediately spent about $550,000 securing the web domains for porn dot ai, deepfake dot com and deepfakes dot com, Jones said. “Lightspeed” was back.
  • One major model, Stable Diffusion, shares its code publicly, and some technologists have figured out how to edit the code to allow for sexual images
  • What keeps Jones up at night is people trying to use his company’s tools to generate images of abuse, he said. The models have some technological guardrails that make it difficult for users to render children, celebrities or acts of violence. But people are constantly looking for workarounds.
  • So with help from an angel investor he will not name, Jones hired five employees and a handful of offshore contractors and started building an image engine trained on bundles of freely available pornographic images, as well as thousands of nude photos from Jones’s own collection
  • Users create what Jones calls a “dream girl,” prompting the AI with descriptions of the character’s appearance, pose and setting. The nudes don’t portray real people, he said. Rather, the goal is to re-create a fantasy from the user’s imagination.
  • The AI-generated images got better, their computerized sheen growing steadily less noticeable. Jones grew his user base to 500,000 people, many of whom pay to generate more images than the five per day allotted to free accounts, he said. The site’s “power users” generate AI porn for 10 hours a day, he said.
  • Jones described the site as an “artists’ community” where people can explore their sexualities and fantasies in a safe space. Unlike some corners of the traditional adult industry, no performers are being pressured, underpaid or placed in harm’s way
  • And critically, consumers don’t have to wait for their favorite OnlyFans performer to come online or trawl through Pornhub to find the content they like.
  • Next comes AI-generated video — “porn’s holy grail,” Jones said. Eventually, he sees the technology becoming interactive, with users giving instructions to lifelike automated “performers.” Within two years, he said, there will be “fully AI cam girls,” a reference to creators who make solo sex content.
  • It costs $12 per day to rent a server from Amazon Web Services, he said, and generating a single picture requires users to have access to a corresponding server. His users have so far generated more than 1.6 million images.
  • Copyright holders including newspapers, photographers and artists have filed a slew of lawsuits against AI companies, claiming the companies trained their models on copyrighted content. If plaintiffs win, it could cut off the free-for-all that benefits entrepreneurs such as Jones.
  • But Jones’s plan to create consumer-friendly AI porn engines faced significant obstacles. The companies behind major image-generation models used technical boundaries to block “not safe for work” content and, without racy images to learn from, the models weren’t good at re-creating nude bodies or scenes.
  • Jones said his team takes down images that other users flag as abusive. Their list of blocked prompts currently contains 1,000 terms including “high school.”
  • “I see certain things people type in, and I just hope to God they’re trying to test the model, like we are. I hope they don’t actually want to see the things they’re typing in.
  • Peter Acworth, the owner of kink dot com, is trying to teach an AI porn generator to understand even subtler concepts, such as the difference between torture and consensual sexual bondage. For decades Acworth has pushed for spaces — in the real world and online — for consenting adults to explore nonconventional sexual interests. In 2006, he bought the San Francisco Armory, a castle-like building in the city’s Mission neighborhood, and turned it into a studio where his company filmed fetish porn until shuttering in 2017.
  • Now, Acworth is working with engineers to train an image-generation model on pictures of BDSM, an acronym for bondage and discipline, dominance and submission, sadism and masochism.
  • Others alluded to a porn apocalypse, with AI wiping out existing models of adult entertainment.“Look around,” said Christian Burke, head of engineering at the adult-industry payment app Melon, gesturing at performers huddled, laughing and hugging across the show floor. “This could look entirely different in a few years.”
  • But the age of AI brings few guarantees for the people, largely women, who appear in porn. Many have signed broad contracts granting companies the rights to reproduce their likeness in any medium for the rest of time
  • Not only could performers lose income, Walters said, they could find themselves in offensive or abusive scenes they never consented to.
  • Lana Smalls, a 23-year-old performer whose videos have been viewed 20 million times on Pornhub, said she’s had colleagues show up to shoots with major studios only to be surprised by sweeping AI clauses in their contracts.
  • “This industry is too fragmented for collective bargaining,” Spiegler said. “Plus, this industry doesn’t like rules.”
Javier E

Opinion | Why Can't College Grads Find Jobs? Here Are Some Theories - and Fixes. - The ... - 0 views

www.nytimes.com/...aduates-jobs-unemployment.html

inflation thinking assumptions fallacy history economics culture politics US policy

shared by Javier E on 01 Jun 24 - No Cached
  • simply tossing your résumé and cover letter into a company’s job portal has a low probability of success, especially now. It’s so easy to submit applications that companies are being bombarded with thousands of them. Human beings can’t possibly review all of them, so they’re reviewed by computers, which simply search for keywords. They don’t understand in any deep way either the applicant’s qualities or the employer’s needs.
  • “The better writer you are, the greater your chance of getting rejected, because you won’t use keywords” the way the evaluation algorithm wants,
  • Personal contact is crucial, he said. Rather than spraying applications far and wide, he recommends focusing on a handful of companies, researching them in depth and contacting a wide range of people connected with them, even their suppliers and customers.
  • ...1 more annotation...
  • Du Bois’s quote, “Either the United States will destroy ignorance or ignorance will destroy the United States,” serves as a poignant reminder of the importance of education, understanding and open discourse in addressing societal challenges.
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