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Opinion | Ninety Years Ago, This Book Tried to Warn Us - The New York Times - 0 views

  • Lion Feuchtwanger’s 1933 novel “The Oppermanns,”
  • It’s been nearly 90 years since its publication, but reading it now is like staring into the worst of next week. It’s all there: The ways in which a country can lose its grip on the truth. The ways in which tribalism — referred to in “The Oppermanns” as “anthropological and zoological nonsense” — is easily roused to demonize others. The ways in which warring factions can be abetted by the media and accepted by a credulous populace.
  • The novel reads like a five-alarm fire because it was written that way, over a mere nine months, and published shortly after Hitler became chancellor, only lightly fictionalizing events as they occurred in real time.
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  • The result, Fred T. March noted in his 1934 review in The Times, “is addressed to the German people, who will not be allowed to read it, urging them to open their eyes. And it is addressed to the world outside bearing the message, ‘Wake up! The barbarians are upon us.’
  • “How do you know when to sound the alarm?” asked Cohen, who also wrote an introduction to the new edition, when I reached him by phone on book tour in Italy. It’s easy to slam someone for overreacting, he explained. But we would do well to remember the instances in which a strong reaction is justified: “There’s an enormous bravery that comes with writing about the present, an enormous risk and an enormous thrill. You have to ask yourself: ‘What if I’m wrong?’ And also: ‘What if I’m right?’”
  • the story follows the declining fortunes and trials of a family, the German Jewish Oppermanns, prosperous merchants and professionals, as they scramble to hold on while fascism takes hold of their country. It’s a book that fairly trembles with foreboding and almost aches with sorrow.
  • Populist ignorance cannot prevail in an enlightened world. Just as New Yorkers scoffed at the idea that Donald Trump, lead buffoon of the tabloid ’80s, could be taken seriously as a presidential candidate, so do the bourgeois intelligentsia of “The Oppermanns” chortle over “Mein Kampf,” a work they find impossible to reckon with in the land of Goethe: “A nation that had concerned itself for centuries so intensively with books, such as those they saw around them, could never allow itself to be deceived by the nonsense in the ‘Protocols’ and in ‘Mein Kampf.’”
  • Consider the misbegotten assumptions Feuchtwanger took on then that continue to threaten today:
  • Direct engagement confers legitimacy. When Edgar Oppermann, a doctor, faces antisemitic attacks in the newspapers, his boss advises silence. “The whole of politics is nothing but a pigsty. Unless one cannot help doing otherwise, one should simply ignore them. That’s what annoys the pigsty crowd most.” To confront the forces of illiberalism is only to sully oneself, Edgar believes. Those in the press who propagate such lies “ought to be put into an asylum, not brought before a court of law.”
  • Technology will out disinformation. At each turn, the Oppermanns and their milieu have trouble believing that propaganda will take hold. “How could they expect to get away with such a monstrous, clumsy lie?” Gustav Oppermann, the central figure in the novel, asks himself after the Nazis blame the burning of the Reichstag on communists. “Nero might have put over such cheap stuff in burning Rome. But things like that were impossible today, in the era of the telephone and printing press.” Of course, the era of Twitter and TikTok has shown that advances in technology still amplify falsehoods
  • If you ignore it, it will go away. In the novel, two bourgeois Germans foresee a grim future but fall back on complacency. One describes the first world war as “only a curtain-raiser” with “a century of destruction” to follow, predicting, as he puts it, “a military power beyond conception, a judiciary power with severe, restrictive laws and a school system to educate senseless brutes in the ecstasy of self-sacrifice.” His companion merely replies: “All right, if that’s your opinion. But perhaps you’ll have another cognac and a cigar before it happens.”
  • It’s up to the next generation. The novel’s most tragic figure is the teenage Berthold Oppermann, a student guilty only by ethnicity and familial association. Berated by a Nazi schoolteacher for delivering an allegedly anti-German paper, Berthold says he is “a good German” and refuses to apologize. “You are a good German, are you?” his Nazi teacher sneers. “Well, will you be so good as to leave it to others to decide who is a good German and who is not?”
  • While classrooms today are a far cry from those in Nazi-era Germany, one needn’t reach far for contemporary parallels, with students increasingly operating in an atmosphere of fear and conformity — of their peers, depending on location, on the right or the left — while the adults too often abdicate responsibility, whether out of complicity or fear.
  • The situation was inevitable. In the Oppermanns’ world, escalating problems are viewed as uniquely German, unique to their time and to a particular regime. “Our opponents have one tremendous advantage over us; their absolute lack of fairness,” explains a lawyer at one point. “That is the very reason why they are in power today. They have always employed such primitive methods that the rest of us simply did not believe them possible, for they would not have been possible in any other country.”
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Joe Biden Just Crushed China's Semiconductor Industry - 0 views

  • Making computer chips requires a lot of advanced equipment. Much of that advanced equipment is made by American companies. The new rules from the Biden administration make it so that any company, anywhere in the world, using certain advanced American equipment to make chips can’t sell those chips to Chinese-controlled companies.
  • at the stroke of a pen, China is getting cut off from the kind of advanced chips it can’t manufacture on its own. Which will cripple both military progress and tech-sector progress, too.
  • in case there was any question, it is clear that China is being viewed as an adversary, and that that view is a bipartisan one. Any tech company with business in China would do well to note that any further investments are fraught with risk, and previous investments need to be diversified sooner rather than later.
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  • while Trump deserves credit for upsetting the apple cart in terms of conventional wisdom with regards to China relations, the Biden administration is correct to pursue those previous actions to their logical conclusion. . . .
  • it bans chips but it also bans equipment as well (and, given the restrictions it places on U.S.-persons, also bans the service of existing equipment).
  • That certainly increases the motivation for China to build alternatives, but it is tough to get strong legs when you have to first figure out how to make weights (but the weights involve the most complex tools ever invented by humans).
  • now the Chinese have to reinvent every wheel in the process just to get to par as it exists in the West circa 2022.
  • we talked about an accusation we sometimes hear:It’s nice that you right-wingers have come around since 2016, but the Republican party was always like this.
  • I argued that I don’t think this criticism is really right. Let’s pretend that you were a Republican in 2000 and you cared about:Robust foreign policyThe spread of democracy abroadThe rule of lawFree trade
  • Well, guess what: The Democratic party is now your natural home for those priorities. Sure, the Democrats also have some stuff you’re against, like political correctness and student loan forgiveness and expansion of the welfare state.
  • I hope you’ll watch this video clip. Because it’s not what Tuberville is saying so much as the crowd’s reaction to it. The guy is basically doing a Supreme Grand Wizard routine—all that’s missing is the n-word—and the crowd forking loves it.
  • at the same time, I understand—I think—what these critics mean. What they mean is:
  • Republican voters were always revanchists motivated not by high-minded intellectual arguments, but by simple animosities. Like racism.
  • And when you put it this way, I think the criticism is valid. For example:
  • The point is that the Republican party has changed along some very important, policy and ideological vectors. It really wasn’t always like this.
  • the actual Republican voters at this rally? They got crazy for it. They are into it.
  • Is there any way to read this except as an expression of cut-and-dried, out-and-proud, no dog whistle racism?
  • we can stipulate that the majority of Republican voters aren’t motivated in large part by racial animosity. I want to be as generous as possible so that Republicans reading this don’t think that they, personally, are being accused.
  • However small the minority of out-and-out racists in the Republican voting ranks might be, it’s much larger than people like me thought it was 20 years ago.
  • And any Republican/conservative who can’t come to grips with that today—who is still pretending that their coalition is motivated either by either high-minded political theory or benign tribalism—has to be trying (hard) not to see the truth.
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The Liz Truss Travesty Becomes Britain's Humiliation - The Atlantic - 0 views

  • For the first time in my adult life, there is a genuine sense of decay in Britain—a realization that something has been lost that will be difficult to recover, something more profound than pounds and pence, political personalities, or even prime ministers
  • Over the past three weeks, the U.K. has been gripped by a crisis of crushing stupidity, one that has gone beyond all the turmoil of Brexit, Boris, even the great bank bailouts of 2007, and touched that most precious of things: core national credibility.
  • Never before has Britain found itself in such a humiliatingly risible position. It is the stuff of nightmares: the national equivalent of getting caught short onstage in front of your entire school because you chose not to go to the bathroom when you had the chance.
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  • What’s happening now is entirely new: the very real prospect that the markets will force a change of prime minister before an election. They have already forced a change in policy.
  • Those considering this drastic course are doing so, in large part, to restore calm and confidence to the markets, not simply to voters. This has not happened before and would surely act like a knife to the body politic, leaving a permanent scar on the country’s reputation.
  • We are now almost 15 years past the seismic financial crisis of 2008 and on to our fifth prime minister. Britain was once a rich country, seemingly well governed with institutions that sat like sedimentary rock on its surface, solid and everlasting. Today it is very obviously not a rich country or well governed, but a poor country, badly governed, with weak institutions. In trying to reverse this reality, Truss has made it visible for all to see.
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AI is already writing books, websites and online recipes - The Washington Post - 0 views

  • Experts say those books are likely just the tip of a fast-growing iceberg of AI-written content spreading across the web as new language software allows anyone to rapidly generate reams of prose on almost any topic. From product reviews to recipes to blog posts and press releases, human authorship of online material is on track to become the exception rather than the norm.
  • Semrush, a leading digital marketing firm, recently surveyed its customers about their use of automated tools. Of the 894 who responded, 761 said they’ve at least experimented with some form of generative AI to produce online content, while 370 said they now use it to help generate most if not all of their new content, according to Semrush Chief Strategy Officer Eugene Levin.
  • What that may mean for consumers is more hyper-specific and personalized articles — but also more misinformation and more manipulation, about politics, products they may want to buy and much more.
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  • As AI writes more and more of what we read, vast, unvetted pools of online data may not be grounded in reality, warns Margaret Mitchell, chief ethics scientist at the AI start-up Hugging Face
  • “The main issue is losing track of what truth is,” she said. “Without grounding, the system can make stuff up. And if it’s that same made-up thing all over the world, how do you trace it back to what reality is?”
  • a raft of online publishers have been using automated writing tools based on ChatGPT’s predecessors, GPT-2 and GPT-3, for years. That experience shows that a world in which AI creations mingle freely and sometimes imperceptibly with human work isn’t speculative; it’s flourishing in plain sight on Amazon product pages and in Google search results.
  • “If you have a connection to the internet, you have consumed AI-generated content,” said Jonathan Greenglass, a New York-based tech investor focused on e-commerce. “It’s already here.
  • “In the last two years, we’ve seen this go from being a novelty to being pretty much an essential part of the workflow,”
  • the news credibility rating company NewsGuard identified 49 news websites across seven languages that appeared to be mostly or entirely AI-generated.
  • The sites sport names like Biz Breaking News, Market News Reports, and bestbudgetUSA.com; some employ fake author profiles and publish hundreds of articles a day, the company said. Some of the news stories are fabricated, but many are simply AI-crafted summaries of real stories trending on other outlets.
  • Ingenio, the San Francisco-based online publisher behind sites such as horoscope.com and astrology.com, is among those embracing automated content. While its flagship horoscopes are still human-written, the company has used OpenAI’s GPT language models to launch new sites such as sunsigns.com, which focuses on celebrities’ birth signs, and dreamdiary.com, which interprets highly specific dreams.
  • Ingenio used to pay humans to write birth sign articles on a handful of highly searched celebrities like Michael Jordan and Ariana Grande, said Josh Jaffe, president of its media division. But delegating the writing to AI allows sunsigns.com to cheaply crank out countless articles on not-exactly-A-listers
  • In the past, Jaffe said, “We published a celebrity profile a month. Now we can do 10,000 a month.”
  • It isn’t just text. Google users have recently posted examples of the search engine surfacing AI-generated images. For instance, a search for the American artist Edward Hopper turned up an AI image in the style of Hopper, rather than his actual art, as the first result.
  • Jaffe said he isn’t particularly worried that AI content will overwhelm the web. “It takes time for this content to rank well” on Google, he said — meaning that it appears on the first page of search results for a given query, which is critical to attracting readers. And it works best when it appears on established websites that already have a sizable audience: “Just publishing this content doesn’t mean you have a viable business.”
  • Google clarified in February that it allows AI-generated content in search results, as long as the AI isn’t being used to manipulate a site’s search rankings. The company said its algorithms focus on “the quality of content, rather than how content is produced.”
  • Reputations are at risk if the use of AI backfires. CNET, a popular tech news site, took flack in January when fellow tech site Futurism reported that CNET had been using AI to create articles or add to existing ones without clear disclosures. CNET subsequently investigated and found that many of its 77 AI-drafted stories contained errors.
  • But CNET’s parent company, Red Ventures, is forging ahead with plans for more AI-generated content, which has also been spotted on Bankrate.com, its popular hub for financial advice. Meanwhile, CNET in March laid off a number of employees, a move it said was unrelated to its growing use of AI.
  • BuzzFeed, which pioneered a media model built around reaching readers directly on social platforms like Facebook, announced in January it planned to make “AI inspired content” part of its “core business,” such as using AI to craft quizzes that tailor themselves to each reader. BuzzFeed announced last month that it is laying off 15 percent of its staff and shutting down its news division, BuzzFeed News.
  • it’s finding traction in the murkier worlds of online clickbait and affiliate marketing, where success is less about reputation and more about gaming the big tech platforms’ algorithms.
  • That business is driven by a simple equation: how much it costs to create an article vs. how much revenue it can bring in. The main goal is to attract as many clicks as possible, then serve the readers ads worth just fractions of a cent on each visit — the classic form of clickbait
  • In the past, such sites often outsourced their writing to businesses known as “content mills,” which harness freelancers to generate passable copy for minimal pay. Now, some are bypassing content mills and opting for AI instead.
  • “Previously it would cost you, let’s say, $250 to write a decent review of five grills,” Semrush’s Levin said. “Now it can all be done by AI, so the cost went down from $250 to $10.”
  • The problem, Levin said, is that the wide availability of tools like ChatGPT means more people are producing similarly cheap content, and they’re all competing for the same slots in Google search results or Amazon’s on-site product reviews
  • So they all have to crank out more and more article pages, each tuned to rank highly for specific search queries, in hopes that a fraction will break through. The result is a deluge of AI-written websites, many of which are never seen by human eyes.
  • Jaffe said his company discloses its use of AI to readers, and he promoted the strategy at a recent conference for the publishing industry. “There’s nothing to be ashamed of,” he said. “We’re actually doing people a favor by leveraging generative AI tools” to create niche content that wouldn’t exist otherwise.
  • The rise of AI is already hurting the business of Textbroker, a leading content platform based in Germany and Las Vegas, said Jochen Mebus, the company’s chief revenue officer. While Textbroker prides itself on supplying credible, human-written copy on a huge range of topics, “People are trying automated content right now, and so that has slowed down our growth,”
  • Mebus said the company is prepared to lose some clients who are just looking to make a “fast dollar” on generic AI-written content. But it’s hoping to retain those who want the assurance of a human touch, while it also trains some of its writers to become more productive by employing AI tools themselves.
  • He said a recent survey of the company’s customers found that 30 to 40 percent still want exclusively “manual” content, while a similar-size chunk is looking for content that might be AI-generated but human-edited to check for tone, errors and plagiarism.
  • Levin said Semrush’s clients have also generally found that AI is better used as a writing assistant than a sole author. “We’ve seen people who even try to fully automate the content creation process,” he said. “I don’t think they’ve had really good results with that. At this stage, you need to have a human in the loop.”
  • For Cowell, whose book title appears to have inspired an AI-written copycat, the experience has dampened his enthusiasm for writing.“My concern is less that I’m losing sales to fake books, and more that this low-quality, low-priced, low-effort writing is going to have a chilling effect on humans considering writing niche technical books in the future,”
  • It doesn’t help, he added, knowing that “any text I write will inevitably be fed into an AI system that will generate even more competition.”
  • Amazon removed the impostor book, along with numerous others by the same publisher, after The Post contacted the company for comment.
  • AI-written books aren’t against Amazon’s rules, per se, and some authors have been open about using ChatGPT to write books sold on the site.
  • “Amazon is constantly evaluating emerging technologies and innovating to provide a trustworthy shopping experience for our customers,”
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How Greg Gutfeld on 'Fox News' Is Beating 'The Tonight Show' - The New York Times - 0 views

  • “I was very anti-Trump up until when he won, and then I had to realize, ‘OK, do I continue as a broken person?’ Because he legitimately was breaking people. Because once the thing that you hate wins, what do you do?”
  • What Mr. Gutfeld did, in part, was capitalize on a defining talent that he and the former president share: a kind of insult conservatism that can frame any serious argument as a joke and any joke as a serious argument, leaving viewers to suss out the distinction.
  • “There’s sort of a nihilism at the core of that,” said Nick Marx, a Colorado State University professor and co-author of “That’s Not Funny,” a book about right-leaning comedy. He suggested that Mr. Gutfeld’s shtick was the troubling culmination of Fox’s commingling of news and entertainment.
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  • Mr. Gutfeld has said he initially connected with network executives through his friendship with Andrew Breitbart, a fellow Californian and an early contributor to The Huffington Post. Mr. Gutfeld had been writing there as he moved beyond magazines, embracing the rollicking venom of the nascent blogosphere and tormenting the in-house liberals.
  • “He’s like America’s latchkey kid, grown up,” said Nick Gillespie, an editor at large at Reason, the libertarian magazine, and a “Red Eye” regular. “You are constantly searching out new things to pass the day when the adults aren’t around.”
  • What he did not know was that Fox was looking for someone like him — or at least someone unusual enough to advance an unusual new venture: proving that the right knew how to laugh.
  • “In every situation there’s that polarity where the Republicans are Dean Wormer in ‘Animal House,’” Mr. Gutfeld said, naming the film’s antagonist. And Democrats, he continued, came off as “the fun, Jon Stewart, ‘let’s have a great time and make fun of Dean Wormer.’ And I said that my goal was to flip that.”
  • “He was using a lot of all-caps,” Arianna Huffington recalled, mostly warmly.
  • Like media personalities before and since — including Joe Rogan and a constellation of other podcaster-comedians — Mr. Gutfeld took care to convey a vital quality to his audience: that he was getting away with something, saying what should not be said. He names Norm Macdonald, David Letterman and Tim Dillon as favored comedy minds.
  • Matt Sienkiewicz, a Boston College professor and Mr. Marx’s co-author of “That’s Not Funny,” said Mr. Gutfeld’s emergence was a signal accomplishment for the right: “somehow claiming conservativism or right-wing-ness as being against the squares.”
  • Around this period, he also often did something that feels disorienting to rewatch, given the host’s present disdain for those who moralize about Mr. Trump: He moralized about Mr. Trump.
  • “I’ve heard people defend him about making fun of a disability, making fun of John McCain, making fun of women,” he said on “The Five” in December 2015, accusing a Fox colleague of “Trumpsplaining” away his behavior. “No one will ever stop defending the crass stuff he says.”
  • “He is a salesman,” Mr. Gutfeld said, cradling his French bulldog, Gus, on his lap in the home the host shares with his wife, Elena Moussa. “Once you understand that, the derangement just kind of washes away.”
  • While Mr. Gutfeld mostly agrees with other Fox personalities in the lineup of Republican-friendly hours — that progressives are nuts, that Mr. Trump is unduly targeted, that President Biden is a doddering mess — “Gutfeld!” does land differently, with a host who seems adamant that his exclamation point is in on the joke.
  • “He’s today’s Don Rickles,” Candace Caine, a devotee from Birmingham, Ala., said after a recent taping — her third visit to see Mr. Gutfeld — where she leaned over a railing to shout “I love you!” during a commercial break.
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Amazon Prime Day Is Dystopian - The Atlantic - 0 views

  • hen Prime was introduced, in 2005, Amazon was relatively small, and still known mostly for books. As the company’s former director of ordering, Vijay Ravindran, told Recode’s Jason Del Rey in 2019, Prime “was brilliant. It made Amazon the default.”
  • It created incentives for users to be loyal to Amazon, so they could recoup the cost of membership, then $79 for unlimited two-day shipping. It also enabled Amazon to better track the products they buy and, when video streaming was added as a perk in 2011, the shows they watch, in order to make more things that the data indicated people would want to buy and watch, and to surface the things they were most likely to buy and watch at the very top of the page.
  • And most important, Prime habituated consumers to a degree of convenience, speed, and selection that, while unheard-of just years before, was made standard virtually overnight.
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  • “It is genius for the current consumer culture,” Christine Whelan, a clinical professor of consumer science at the University of Wisconsin at Madison, told me. “It encourages and then meets the need for the thing, so we then continue on the hedonic treadmill: Buy the latest thing we want and then have it delivered immediately and then buy the next latest thing.”
  • With traditional retail, “there’s the friction of having to go to the store, there’s the friction of will the store have it, there’s the friction of carrying it,” Whelan said. “There’s the friction of having to admit to another human being that you’re buying it. And when you remove the friction, you also remove a lot of individual self-control. The more you are in the ecosystem and the easier it is to make a purchase, the easier it is to say yes to your desire rather than no.”
  • “It used to be that being a consumer was all about choice,”
  • But now, “two-thirds of people start their product searches on Amazon.
  • Prime discourages comparison shopping—looking around is pointless when everything you need is right here—even as Amazon’s sheer breadth of products makes shoppers feel as if they have agency.
  • “Consumerism has become a key way that people have misidentified freedom,”
  • what Amazon represents is a corporate infrastructure that is increasingly directed at getting as many consumers as possible locked into a consumerist process—an Amazon consumer for life.”
  • Amazon offers steep discounts to college students and new parents, two groups that are highly likely to change their buying behavior. It keeps adding more discounts and goodies to the Prime bundle, making subscribing ever more appealing. And, in an especially sinister move, it makes quitting Prime maddeningly difficult.
  • As subscription numbers grew through the 2010s, the revenue from them helped Amazon pump more money into building fulfillment centers (to get products to people even faster), acquiring new businesses (to control even more of the global economy), and adding more perks to the bundle (to encourage more people to sign up)
  • In 2019, Amazon shaved a full day off its delivery time, making one-day shipping the default, and also making Prime an even more tantalizing proposition: Why hop in the car for anything at all when you could get it delivered tomorrow, for free?
  • the United States now has more Prime memberships than households. In 2020,
  • Amazon’s revenue from subscriptions alone—mostly Prime—was $25.2 billion, which is a 31 percent increase from the previous year
  • Thanks in large part to the revenue from Prime subscriptions and from the things subscribers buy, Amazon’s value has multiplied roughly 97 times, to $1.76 trillion, since the service was introduced. Amazon is the second-largest private employer in the United States, after Walmart, and it is responsible for roughly 40 percent of all e-commerce in the United States.
  • It controls hundreds of millions of square feet across the country and is opening more fulfillment centers all the time. It has acquired dozens of other companies, most recently the film studio MGM for $8.5 billion. Its cloud-computing operation, Amazon Web Services, is the largest of its kind and provides the plumbing for a vast swath of the internet, to a profit of $13.5 billion last year.
  • Amazon has entered some 40 million American homes in the form of the Alexa smart speaker, and some 150 million American pockets in the form of the Amazon app
  • “Amazon is a beast we’ve never seen before,” Alimahomed-Wilson told me. “Amazon powers our Zoom calls. It contracts with ICE. It’s in our neighborhoods. This is a very different thing than just being a large retailer, like Walmart or the Ford Motor Company.”
  • I find it useful to compare Big Tech to climate change, another force that is altering the destiny of everyone on Earth, forever. Both present themselves to us all the time in small ways—a creepy ad here, an uncommonly warm November there—but are so big, so abstract, so everywhere that they’re impossible for any one person to really understand
  • Both are the result of a decades-long, very human addiction to consumption and convenience that has been made grotesque and extreme by the incentives and mechanisms of the internet, market consolidation, and economic stratification
  • Both have primarily been advanced by a small handful of very big companies that are invested in making their machinations unseeable to the naked eye.
  • Speed and convenience aren’t actually free; they never are. Free shipping isn’t free either. It just obscures the real price.
  • Next-day shipping comes with tremendous costs: for labor and logistics and transportation and storage; for the people who pack your stuff into those smiling boxes and for the people who deliver them; for the planes and trucks and vans that carry them; for the warehouses that store them; for the software ensuring that everything really does get to your door on time, for air-conditioning and gas and cardboard and steel. Amazon—Prime in particular—has done a superlative job of making all those costs, all those moving parts, all those externalities invisible to the consumer.
  • The pandemic drove up demand for Amazon, and for labor: Last year, company profits shot up 70 percent, Bezos’s personal wealth grew by $70 billion, and 1,400 people a day joined the company’s workforce.
  • Amazon is so big that every sector of our economy has bent to respond to the new way of consuming that it invented. Prime isn’t just bad for Amazon’s workers—it’s bad for Target’s, and Walmart’s. It’s bad for the people behind the counter at your neighborhood hardware store and bookstore, if your neighborhood still has a hardware store and a bookstore. Amazon has accustomed shoppers to a pace and manner of buying that depends on a miracle of precision logistics even when it’s managed by one of the biggest companies on Earth. For the smaller guys, it’s downright impossible.
  • “Every decision we make is based upon the fact that Amazon can get these books cheaper and faster. The prevailing expectation is you can get anything online shipped for”— he scrunched his fingers into air quotes—“‘free,’ in one or two days. And there’s really only one company that can do that. They do that because they’re willing to push and exploit their workers.”
  • Just as abstaining from flying for moral reasons won’t stop sea-level rise, one person canceling Prime won’t do much of anything to a multinational corporation’s bottom line. “It’s statistically insignificant to Amazon. They’ll never feel it,” Caine told me. But, he said, “the small businesses in your neighborhood will absolutely feel the addition of a new customer. Individual choices do make a big difference to them.”
  • Whelan teaches a class at UW called Consuming Happiness, and she is fond of giving her students the adage that you can buy happiness—“if you spend your money in keeping with your values: spending prosocially, on experiences. Tons of research shows us this.”
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How the Humble Paperback Helped Win World War II - The New York Times - 0 views

  • The paperbacks were intended to help soldiers pass the time. But they were also meant to remind them what they were fighting for, and draw a sharp contrast between American ideals and Nazi book burnings.
  • That’s an aspect of the story that has only grown more resonant, amid today’s partisan battles over book bans. And Manning, for one, sees a clear lesson.
  • “During World War II, the American public came out very much one way,” she said. “And that was that there should be no restrictions on what people read.”
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  • The idea that good soldiers needed good books didn’t start with World War II. During World War I, the American Library Association collaborated with the Army to gather and distribute donated books. Even before Pearl Harbor, the association had planned a new “Victory Book Campaign,” with the goal of collecting 10 million books in 1942. The goal was met, though there were concerns that too many were dirty, outdated or unreadable. The campaign was renewed in 1943, with a caveat that the public should donate only “good books.”
  • Books were seen not just as diversions, but as weapons in the fight for democracy. In American propaganda, the dedication to the free exchange of ideas was explicitly contrasted with Nazi book burnings.
  • in early 1943, the Council on Books in Wartime, a publishers’ group formed in 1942, approached Ray Trautman, the Army’s chief librarian, with the idea of producing special paperbacks for soldiers overseas. The result was the Armed Services Editions. which were designed to fit in either the breast or pants pocket of a standard-issue uniform.
  • The series mixed entertainment with more edifying fare. The first title was “The Education of Hyman Kaplan,” a collection of comic stories by Leonard Q. Ross (a pseudonym of Leo Rosten, future author of “The Joys of Yiddish”). The more than 1,300 titles that followed included literary classics, contemporary fiction, poetry, history, biography, humor and even one art book, a compilation of soldiers’ paintings.
  • A 1945 pamphlet credited the books with helping to create “a young, masculine reading public,” including some who may not have been eager to dig into, say, Herman Melville’s “Typee.” One Marine quoted in the exhibit said that when that book was given to him, he eventually “had nothing to do but read it.” His verdict? “Hot stuff. That guy wrote about three islands I’d been on!”
  • Still, the specter of partisan bias shadowed the project. In 1944, when President Roosevelt was seeking a fourth term, Congress passed a law aimed at creating a uniform absentee ballot for soldiers. As part of the law, Republicans, concerned that Democrats were seeking to influence the military vote, included a clause stating that no material “containing political argument or political propaganda” could be distributed to troops.
  • The vagueness of the language sent a chill through the book program. Some planned titles were pulled, including “Yankee From Olympus” (a biography of the former Supreme Court Justice Oliver Wendell Holmes that included a favorable depiction of President Roosevelt) and E.B. White’s “One Man’s Meat.”
  • Two months later, the law was amended, and all of the postponed books were released
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Peter Thiel Is Taking a Break From Democracy - The Atlantic - 0 views

  • Thiel’s unique role in the American political ecosystem. He is the techiest of tech evangelists, the purest distillation of Silicon Valley’s reigning ethos. As such, he has become the embodiment of a strain of thinking that is pronounced—and growing—among tech founders.
  • why does he want to cut off politicians
  • But the days when great men could achieve great things in government are gone, Thiel believes. He disdains what the federal apparatus has become: rule-bound, stifling of innovation, a “senile, central-left regime.”
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  • Peter Thiel has lost interest in democracy.
  • Thiel has cultivated an image as a man of ideas, an intellectual who studied philosophy with René Girard and owns first editions of Leo Strauss in English and German. Trump quite obviously did not share these interests, or Thiel’s libertarian principles.
  • For years, Thiel had been saying that he generally favored the more pessimistic candidate in any presidential race because “if you’re too optimistic, it just shows you’re out of touch.” He scorned the rote optimism of politicians who, echoing Ronald Reagan, portrayed America as a shining city on a hill. Trump’s America, by contrast, was a broken landscape, under siege.
  • Thiel is not against government in principle, his friend Auren Hoffman (who is no relation to Reid) says. “The ’30s, ’40s, and ’50s—which had massive, crazy amounts of power—he admires because it was effective. We built the Hoover Dam. We did the Manhattan Project,” Hoffman told me. “We started the space program.”
  • Their failure to make the world conform to his vision has soured him on the entire enterprise—to the point where he no longer thinks it matters very much who wins the next election.
  • His libertarian critique of American government has curdled into an almost nihilistic impulse to demolish it.
  • “Voting for Trump was like a not very articulate scream for help,” Thiel told me. He fantasized that Trump’s election would somehow force a national reckoning. He believed somebody needed to tear things down—slash regulations, crush the administrative state—before the country could rebuild.
  • He admits now that it was a bad bet.
  • “There are a lot of things I got wrong,” he said. “It was crazier than I thought. It was more dangerous than I thought. They couldn’t get the most basic pieces of the government to work. So that was—I think that part was maybe worse than even my low expectations.”
  • eid Hoffman, who has known Thiel since college, long ago noticed a pattern in his old friend’s way of thinking. Time after time, Thiel would espouse grandiose, utopian hopes that failed to materialize, leaving him “kind of furious or angry” about the world’s unwillingness to bend to whatever vision was possessing him at the moment
  • Thiel. He is worth between $4 billion and $9 billion. He lives with his husband and two children in a glass palace in Bel Air that has nine bedrooms and a 90-foot infinity pool. He is a titan of Silicon Valley and a conservative kingmaker.
  • “Peter tends to be not ‘glass is half empty’ but ‘glass is fully empty,’” Hoffman told me.
  • he tells the story of his life as a series of disheartening setbacks.
  • He met Mark Zuckerberg, liked what he heard, and became Facebook’s first outside investor. Half a million dollars bought him 10 percent of the company, most of which he cashed out for about $1 billion in 2012.
  • Thiel made some poor investments, losing enormous sums by going long on the stock market in 2008, when it nose-dived, and then shorting the market in 2009, when it rallied
  • on the whole, he has done exceptionally well. Alex Karp, his Palantir co-founder, who agrees with Thiel on very little other than business, calls him “the world’s best venture investor.”
  • Thiel told me this is indeed his ambition, and he hinted that he may have achieved it.
  • He longs for radical new technologies and scientific advances on a scale most of us can hardly imagine
  • He longs for a world in which great men are free to work their will on society, unconstrained by government or regulation or “redistributionist economics” that would impinge on their wealth and power—or any obligation, really, to the rest of humanity
  • Did his dream of eternal life trace to The Lord of the Rings?
  • He takes for granted that this kind of progress will redound to the benefit of society at large.
  • More than anything, he longs to live forever.
  • Calling death a law of nature is, in his view, just an excuse for giving up. “It’s something we are told that demotivates us from trying harder,”
  • Thiel grew up reading a great deal of science fiction and fantasy—Heinlein, Asimov, Clarke. But especially Tolkien; he has said that he read the Lord of the Rings trilogy at least 10 times. Tolkien’s influence on his worldview is obvious: Middle-earth is an arena of struggle for ultimate power, largely without government, where extraordinary individuals rise to fulfill their destinies. Also, there are immortal elves who live apart from men in a magical sheltered valley.
  • But his dreams have always been much, much bigger than that.
  • Yes, Thiel said, perking up. “There are all these ways where trying to live unnaturally long goes haywire” in Tolkien’s works. But you also have the elves.
  • How are the elves different from the humans in Tolkien? And they’re basically—I think the main difference is just, they’re humans that don’t die.”
  • During college, he co-founded The Stanford Review, gleefully throwing bombs at identity politics and the university’s diversity-minded reform of the curriculum. He co-wrote The Diversity Myth in 1995, a treatise against what he recently called the “craziness and silliness and stupidity and wickedness” of the left.
  • Thiel laid out a plan, for himself and others, “to find an escape from politics in all its forms.” He wanted to create new spaces for personal freedom that governments could not reach
  • But something changed for Thiel in 2009
  • he people, he concluded, could not be trusted with important decisions. “I no longer believe that freedom and democracy are compatible,” he wrote.
  • ven more notable one followed: “Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women—two constituencies that are notoriously tough for libertarians—have rendered the notion of ‘capitalist democracy’ into an oxymoron.”
  • By 2015, six years after declaring his intent to change the world from the private sector, Thiel began having second thoughts. He cut off funding for the Seasteading Institute—years of talk had yielded no practical progress–and turned to other forms of escape
  • The fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom,” he wrote. His manifesto has since become legendary in Silicon Valley, where his worldview is shared by other powerful men (and men hoping to be Peter Thiel).
  • Thiel’s investment in cryptocurrencies, like his founding vision at PayPal, aimed to foster a new kind of money “free from all government control and dilution
  • His decision to rescue Elon Musk’s struggling SpaceX in 2008—with a $20 million infusion that kept the company alive after three botched rocket launches—came with aspirations to promote space as an open frontier with “limitless possibility for escape from world politics
  • It was seasteading that became Thiel’s great philanthropic cause in the late aughts and early 2010s. The idea was to create autonomous microstates on platforms in international waters.
  • “There’s zero chance Peter Thiel would live on Sealand,” he said, noting that Thiel likes his comforts too much. (Thiel has mansions around the world and a private jet. Seal performed at his 2017 wedding, at the Belvedere Museum in Vienna.)
  • As he built his companies and grew rich, he began pouring money into political causes and candidates—libertarian groups such as the Endorse Liberty super PAC, in addition to a wide range of conservative Republicans, including Senators Orrin Hatch and Ted Cruz
  • Sam Altman, the former venture capitalist and now CEO of OpenAI, revealed in 2016 that in the event of global catastrophe, he and Thiel planned to wait it out in Thiel’s New Zealand hideaway.
  • When I asked Thiel about that scenario, he seemed embarrassed and deflected the question. He did not remember the arrangement as Altman did, he said. “Even framing it that way, though, makes it sound so ridiculous,” he told me. “If there is a real end of the world, there is no place to go.”
  • You’d have eco farming. You’d turn the deserts into arable land. There were sort of all these incredible things that people thought would happen in the ’50s and ’60s and they would sort of transform the world.”
  • None of that came to pass. Even science fiction turned hopeless—nowadays, you get nothing but dystopias
  • He hungered for advances in the world of atoms, not the world of bits.
  • Founders Fund, the venture-capital firm he established in 200
  • The fund, therefore, would invest in smart people solving hard problems “that really have the potential to change the world.”
  • This was not what Thiel wanted to be doing with his time. Bodegas and dog food were making him money, apparently, but he had set out to invest in transformational technology that would advance the state of human civilization.
  • He told me that he no longer dwells on democracy’s flaws, because he believes we Americans don’t have one. “We are not a democracy; we’re a republic,” he said. “We’re not even a republic; we’re a constitutional republic.”
  • “It was harder than it looked,” Thiel said. “I’m not actually involved in enough companies that are growing a lot, that are taking our civilization to the next level.”
  • Founders Fund has holdings in artificial intelligence, biotech, space exploration, and other cutting-edge fields. What bothers Thiel is that his companies are not taking enough big swings at big problems, or that they are striking out.
  • In at least 20 hours of logged face-to-face meetings with Buma, Thiel reported on what he believed to be a Chinese effort to take over a large venture-capital firm, discussed Russian involvement in Silicon Valley, and suggested that Jeffrey Epstein—a man he had met several times—was an Israeli intelligence operative. (Thiel told me he thinks Epstein “was probably entangled with Israeli military intelligence” but was more involved with “the U.S. deep state.”)
  • Buma, according to a source who has seen his reports, once asked Thiel why some of the extremely rich seemed so open to contacts with foreign governments. “And he said that they’re bored,” this source said. “‘They’re bored.’ And I actually believe it. I think it’s that simple. I think they’re just bored billionaires.”
  • he has a sculpture that resembles a three-dimensional game board. Ascent: Above the Nation State Board Game Display Prototype is the New Zealander artist Simon Denny’s attempt to map Thiel’s ideological universe. The board features a landscape in the aesthetic of Dungeons & Dragons, thick with monsters and knights and castles. The monsters include an ogre labeled “Monetary Policy.” Near the center is a hero figure, recognizable as Thiel. He tilts against a lion and a dragon, holding a shield and longbow. The lion is labeled “Fair Elections.” The dragon is labeled “Democracy.” The Thiel figure is trying to kill them.
  • When I asked Thiel to explain his views on democracy, he dodged the question. “I always wonder whether people like you … use the word democracy when you like the results people have and use the word populism when you don’t like the results,” he told me. “If I’m characterized as more pro-populist than the elitist Atlantic is, then, in that sense, I’m more pro-democratic.”
  • “I couldn’t find them,” he said. “I couldn’t get enough of them to work.
  • He said he has no wish to change the American form of government, and then amended himself: “Or, you know, I don’t think it’s realistic for it to be radically changed.” Which is not at all the same thing.
  • When I asked what he thinks of Yarvin’s autocratic agenda, Thiel offered objections that sounded not so much principled as practical.
  • “I don’t think it’s going to work. I think it will look like Xi in China or Putin in Russia,” Thiel said, meaning a malign dictatorship. “It ultimately I don’t think will even be accelerationist on the science and technology side, to say nothing of what it will do for individual rights, civil liberties, things of that sort.”
  • Still, Thiel considers Yarvin an “interesting and powerful” historian
  • he always talks about is the New Deal and FDR in the 1930s and 1940s,” Thiel said. “And the heterodox take is that it was sort of a light form of fascism in the United States.”
  • Yarvin, Thiel said, argues that “you should embrace this sort of light form of fascism, and we should have a president who’s like FDR again.”
  • Did Thiel agree with Yarvin’s vision of fascism as a desirable governing model? Again, he dodged the question.
  • “That’s not a realistic political program,” he said, refusing to be drawn any further.
  • ooking back on Trump’s years in office, Thiel walked a careful line.
  • A number of things were said and done that Thiel did not approve of. Mistakes were made. But Thiel was not going to refashion himself a Never Trumper in retrospect.
  • “I have to somehow give the exact right answer, where it’s like, ‘Yeah, I’m somewhat disenchanted,’” he told me. “But throwing him totally under the bus? That’s like, you know—I’ll get yelled at by Mr. Trump. And if I don’t throw him under the bus, that’s—but—somehow, I have to get the tone exactly right.”
  • Thiel knew, because he had read some of my previous work, that I think Trump’s gravest offense against the republic was his attempt to overthrow the election. I asked how he thought about it.
  • “Look, I don’t think the election was stolen,” he said. But then he tried to turn the discussion to past elections that might have been wrongly decided. Bush-Gore in 2000, for instanc
  • He came back to Trump’s attempt to prevent the transfer of power. “I’ll agree with you that it was not helpful,” he said.
  • there is another piece of the story, which Thiel reluctantly agreed to discuss
  • Puck reported that Democratic operatives had been digging for dirt on Thiel since before the 2022 midterm elections, conducting opposition research into his personal life with the express purpose of driving him out of politic
  • Among other things, the operatives are said to have interviewed a young model named Jeff Thomas, who told them he was having an affair with Thiel, and encouraged Thomas to talk to Ryan Grim, a reporter for The Intercept. Grim did not publish a story during election season, as the opposition researchers hoped he would, but he wrote about Thiel’s affair in March, after Thomas died by suicide.
  • He deplored the dirt-digging operation, telling me in an email that “the nihilism afflicting American politics is even deeper than I knew.”
  • He also seemed bewildered by the passions he arouses on the left. “I don’t think they should hate me this much,”
  • he spoke at the closed-press event with a lot less nuance than he had in our interviews. His after-dinner remarks were full of easy applause lines and in-jokes mocking the left. Universities had become intellectual wastelands, obsessed with a meaningless quest for diversity, he told the crowd. The humanities writ large are “transparently ridiculous,” said the onetime philosophy major, and “there’s no real science going on” in the sciences, which have devolved into “the enforcement of very curious dogmas.”
  • “Diversity—it’s not enough to just hire the extras from the space-cantina scene in Star Wars,” he said, prompting laughter.
  • Nor did Thiel say what genuine diversity would mean. The quest for it, he said, is “very evil and it’s very silly.”
  • “the silliness is distracting us from very important things,” such as the threat to U.S. interests posed by the Chinese Communist Party.
  • “Whenever someone says ‘DEI,’” he exhorted the crowd, “just think ‘CCP.’”
  • Somebody asked, in the Q&A portion of the evening, whether Thiel thought the woke left was deliberately advancing Chinese Communist interests
  • “It’s always the difference between an agent and asset,” he said. “And an agent is someone who is working for the enemy in full mens rea. An asset is a useful idiot. So even if you ask the question ‘Is Bill Gates China’s top agent, or top asset, in the U.S.?’”—here the crowd started roaring—“does it really make a difference?”
  • About 10 years ago, Thiel told me, a fellow venture capitalist called to broach the question. Vinod Khosla, a co-founder of Sun Microsystems, had made the Giving Pledge a couple of years before. Would Thiel be willing to talk with Gates about doing the same?
  • Thiel feels that giving his billions away would be too much like admitting he had done something wrong to acquire them
  • He also lacked sympathy for the impulse to spread resources from the privileged to those in need. When I mentioned the terrible poverty and inequality around the world, he said, “I think there are enough people working on that.”
  • besides, a different cause moves him far more.
  • Should Thiel happen to die one day, best efforts notwithstanding, his arrangements with Alcor provide that a cryonics team will be standing by.
  • Then his body will be cooled to –196 degrees Celsius, the temperature of liquid nitrogen. After slipping into a double-walled, vacuum-insulated metal coffin, alongside (so far) 222 other corpsicles, “the patient is now protected from deterioration for theoretically thousands of years,” Alcor literature explains.
  • All that will be left for Thiel to do, entombed in this vault, is await the emergence of some future society that has the wherewithal and inclination to revive him. And then make his way in a world in which his skills and education and fabulous wealth may be worth nothing at all.
  • I wondered how much Thiel had thought through the implications for society of extreme longevity. The population would grow exponentially. Resources would not. Where would everyone live? What would they do for work? What would they eat and drink? Or—let’s face it—would a thousand-year life span be limited to men and women of extreme wealth?
  • “Well, I maybe self-serve,” he said, perhaps understating the point, “but I worry more about stagnation than about inequality.”
  • Thiel is not alone among his Silicon Valley peers in his obsession with immortality. Oracle’s Larry Ellison has described mortality as “incomprehensible.” Google’s Sergey Brin aspires to “cure death.” Dmitry Itskov, a leading tech entrepreneur in Russia, has said he hopes to live to 10,000.
  • . “I should be investing way more money into this stuff,” he told me. “I should be spending way more time on this.”
  • You haven’t told your husband? Wouldn’t you want him to sign up alongside you?“I mean, I will think about that,” he said, sounding rattled. “I will think—I have not thought about that.”
  • No matter how fervent his desire, Thiel’s extraordinary resources still can’t buy him the kind of “super-duper medical treatments” that would let him slip the grasp of death. It is, perhaps, his ultimate disappointment.
  • There are all these things I can’t do with my money,” Thiel said.
7More

'Climate grief': The growing emotional toll of climate change - 0 views

  • Jordan said she used to talk with her kids about becoming parents someday. “I’d say, ‘You’ll be such a good dad.’ Now, it feels wrong. They don’t talk about it anymore either,” she said.
  • Antonia Cereijido, 26, a radio producer in New York City, is conflicted. “If I did have kids, they would have the worst life ever,” she said. But an environmental scientist told her that raising a climate-conscious child could be better than not having a child. “That did wonders for my anxiety, hearing that from a scientist. So now I’m not sure.
  • At Uplift, Manzanares, who was about to become a father, said having a baby gives him hope. “It’s the most positive affirmation I can make about the future,” he said. “We aren’t giving up. This is a multigenerational problem.”
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  • The Yale survey found that 65 percent of those surveyed discuss global warming “never” or “rarely.”
  • For some young people, the sadness is caused by inaction.
  • Cindy Chung, 17, of Bayonne, New Jersey, is an activist with iMatter, a network of high school students who advocate for environmental measures on a local level. She struggles to understand how people, especially adults, can continue with business as usual.
  • “It wasn’t our choice to be born into a doomed world,” she said. “All this terrible stuff can happen by 2030, and I won’t even be 30 years old. It’s so frightening.
71More

Opinion | With Covid, Is It Really Possible to Say We Went Too Far? - The New York Times - 0 views

  • In 2020, many Americans told themselves that all it would take to halt the pandemic was replacing the president and hitting the “science button.”
  • In 2023, it looks like we’re telling ourselves the opposite: that if we were given the chance to run the pandemic again, it would have been better just to hit “abort” and give up.
  • you can see it in Bethany McLean and Joe Nocera’s book “The Big Fail: What the Pandemic Revealed About Who America Protects and Who It Leaves Behind,” excerpted last month in New York magazine under the headline “Covid Lockdowns Were a Giant Experiment. It Was a Failure.”
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  • we can’t simply replace one simplistic narrative, about the super power of mitigation policy, for another, focused only on the burdens it imposed and not at all on the costs of doing much less — or nothing at all.
  • Let’s start with the title. What is the big failure, as you see it?
  • McLean: I think it gets at things that had happened in America even before the pandemic hit. And among those things were, I think, a failure to recognize the limits of capitalism, a failure of government to set the right rules for it, particularly when it comes to our health care system; a focus on profits that may have led to an increase in the bottom line but created fragility in ways people didn’t understand; and then our growing polarization that made us incapable of talking to each other
  • How big is the failure? When I look at The Economist’s excess mortality data, I see the U.S. had the 53rd-worst outcome in the world — worse than all of Western Europe, but better than all of Eastern Europe.
  • McLean: I think one way to quantify it is to take all those numbers and then put them in the context of our spending on health care. Given the amount we spend on health care relative to other countries, the scale of the failure becomes more apparent.
  • o me, the most glaring example is the schools. They were closed without people thinking through the potential consequences of closing down public schools, especially for disadvantaged kids.
  • to compound it, in my view, public health never made the distinction that needed to be made between the vulnerabilities of somebody 70 years old and the vulnerabilities of somebody 10 years old.
  • In the beginning of the book you write, in what almost feels like a thesis statement for the book: “A central tenet of this book is that we could not have done better, and pretending differently is a dangerous fiction, one that prevents us from taking a much needed look in the mirror.”
  • This claim, that the U.S. could not have done any better, runs against your other claim, that what we observed was an American failure. It is also a pretty extreme claim, I think, and I wanted to press you on it in part because it is, in my view, undermined by quite a lot of the work you do in the book itself.
  • Would the U.S. not have done better if it had recognized earlier that the disease spread through the air rather than in droplets? Would it not have done better if it hadn’t bungled the rollout of a Covid test in the early months?
  • McLean: Everything that you mentioned — the point of the book is that those were set by the time the pandemic hit.
  • in retrospect, what we were doing was to try to delay as much spread as we could until people got vaccinated. All the things that we did in 2020 were functionally serving or trying to serve that purpose. Now, given that, how can you say that none of that work saved lives?
  • McLean: I think that the test failure was baked into the way that the C.D.C. had come to operate
  • But the big question I really want to ask is this one: According to the C.D.C., we’ve had almost 1.2 million deaths from Covid. Excess mortality is nearly 1.4 million. Is it really your contention that there was nothing we might’ve done that brought that total down to 1.1 million, for instance, or even 900,000?
  • McLean: It’s very — you’re right. If you went through each and every thing and had a crystal ball and you could say, this could have been done, this could have been moved up by a month, we could have gotten PPE …
  • When I came to that sentence, I thought of it in terms of human behavior: What will humans put up with? What will humans stand for? How do Americans act? And you’ve written about Sweden being sort of average, and you’ve written about China and the Chinese example. They lock people up for two years and suddenly the society just revolts. They will not take it anymore. They can’t stand it. And as a result, a million and a half people die in a month and a half.
  • Well, I would tell that story very differently. For me, the problem is that when China opened up, they had fully vaccinated just under two-thirds of their population over 80. So to me, it’s not a failure of lockdowns. It’s a failure of vaccinations. If the Chinese had only achieved the same elderly vaccination rate as we achieved — which by global standards was pretty poor — that death toll when they opened up would have been dramatically lower.
  • What do you mean by “lockdown,” though? You use the word throughout the book and suggest that China was the playbook for all countries. But you also acknowledge that what China did is not anything like what America did.
  • Disparities in health care access — is it a dangerous fiction to think we might address that? You guys are big champions of Operation Warp Speed — would it not have been better if those vaccines had been rolled out to the public in nine months, rather than 12
  • . But this isn’t “lockdown” like there were lockdowns in China or even Peru. It’s how we tried to make it safer to go out and interact during a pandemic that ultimately killed a million Americans.
  • McLean: I think that you’re absolutely right to focus on the definition of what a lockdown is and how we implemented them here in this country. And I think part of the problem is that we implemented them in a way that allowed people who were well off and could work from home via Zoom to be able to maintain very much of their lives while other people couldn’t
  • And I think it depends on who you were, whether you would define this as a lockdown or not. If you were a small business who saw your small business closed because of this, you’re going to define it as a lockdown.
  • n the book you’re pretty definitive. You write, “maybe the social and economic disasters that lockdowns created would have been worth it if they had saved lives, but they hadn’t.” How can you say that so flatly?
  • I think there are still open questions about what worked and how much. But the way that I think about all of this is that the most important intervention that anybody did anywhere in the world was vaccination. And the thing that determined outcomes most was whether your first exposure came before or after vaccination.
  • Here, the shelter-in-place guidelines lasted, on average, five to seven weeks. Thirty nine of the 40 states that had issued them lifted them by the end of June, three months in. By the summer, according to Google mobility data, retail and grocery activity was down about 10 percent. By the fall, grocery activity was only down about 5 percent across the country
  • Nocera: Well, on some level, I feel like you’re trying to have it both ways. On the one hand, you’re saying that lockdowns saved lives. On the other hand, you said they weren’t real lockdowns because everybody was out and about.
  • I don’t think that’s having it both ways. I’m trying to think about these issues on a spectrum rather than in binaries. I think we did interrupt our lives — everybody knows that. And I think they did have an effect on spread, and that limiting spread had an effect by delaying infections until after vaccination.
  • Nocera: Most of the studies that say lockdowns didn’t work are really less about Covid deaths than about excess mortality deaths. I wound up being persuaded that the people who could not get to the hospital, because they were all working, because all the doctors were working on Covid and the surgical rooms were shut down, the people who caught some disease that was not Covid and died as a result — I wound up being persuaded about that.
  • We’re in a pandemic. People are going to die. And then the question becomes, can we protect the most vulnerable? And the answer is, we didn’t protect the most vulnerable. Nursing homes were a complete disaster.
  • There was a lot of worry early on about delayed health care, and about cancer in particular — missed screenings, missed treatments. But in 2019, we had an estimated 599,600 Americans die of cancer. In 2020, it was 602,000. In 2021, it was 608,000. In 2022, it was 609,000.
  • Nocera: See, it went up!But by a couple of thousand people, in years in which hundreds of thousands of Americans were dying of Covid.
  • Nocera: I think you can’t dispute the excess mortality numbers.I’m not. But in nearly every country in the world the excess mortality curves track so precisely with Covid waves that it doesn’t make sense to talk about a massive public health problem beyond Covid. And when you add all of these numbers up, they are nowhere near the size of the footfall of Covid. How can you look back on this and say the costs were too high?
  • Nocera: I think the costs were too high because you had school costs, you had economic costs, you had social costs, and you had death.
  • McLean: I think you’re raising a really good point. We’re making an argument for a policy that might not have been doable given the preconditions that had been set. I’m arguing that there were these things that had been put in place in our country for decades leading up to the pandemic that made it really difficult for us to plant in an effective way, from the outsourcing of our PPE to the distrust in our health care system that had been created by people’s lack of access to health care with the disparities in our hospital system.
  • How would you have liked to see things handled differently?Nocera: Well, the great example of doing it right is San Fran
  • I find the San Francisco experience impressive, too. But it was also a city that engaged in quite protracted and aggressive pandemic restrictions, well beyond just protecting the elderly and vulnerable.
  • McLean: But are we going to go for stay-at-home orders plus protecting vulnerable communities like San Francisco did? Or simply letting everybody live their lives, but with a real focus on the communities and places like nursing homes that were going to be affected? My argument is that we probably would’ve been better off really focusing on protecting those communities which were likely to be the most severely affected.
  • I agree that the public certainly didn’t appreciate the age skew, and our policy didn’t reflect it either. But I also wonder what it would mean to better protect the vulnerable than we did. We had testing shortages at first. Then we had resistance to rapid testing. We had staff shortages in nursing homes.
  • Nocera: This gets exactly to one of our core points. We had spent 30 years allowing nursing homes to be owned by private equity firms that cut the staff, that sold the land underneath and added all this debt on
  • I hear you saying both that we could have done a much better job of protecting these people and that the systems we inherited at the outset of the pandemic would’ve made those measures very difficult, if not impossible, to implement.
  • But actually, I want to stop you there, because I actually think that that data tells the opposite story.
  • And then I’m trying to say at the same time, but couldn’t we have done something to have protected people despite all of that?
  • I want to talk about the number of lives at stake. In the book, you write about the work of British epidemiologist Neil Ferguson. In the winter of 2020, he says that in the absence of mitigation measures and vaccination, 80 percent of the country is going to get infected and 2.2 million Americans are going to die. He says that 80 percent of the U.K. would get infected, and 510,000 Brits would die — again, in the abs
  • In the end, by the time we got to 80 percent of the country infected, we had more than a million Americans die. We had more than 200,000 Brits die. And in each case most of the infections happened after vaccination, which suggests that if those infections had all happened in a world without vaccines, we almost certainly would have surpassed two million deaths in the U.S. and almost certainly would’ve hit 500,000 deaths in the U.K.
  • In the book, you write about this estimate, and you endorse Jay Bhattacharya’s criticism of Ferguson’s model. You write, “Bhattacharya got his first taste of the blowback reserved for scientists who strayed from the establishment position early. He co-wrote an article for The Wall Street Journal questioning the validity of the scary 2 to 4 percent fatality rate that the early models like Neil Ferguson’s were estimating and that were causing governments to panic. He believed, correctly as it turns out, that the true fatality rate was much lower.”
  • Nocera: I know where you’re going with this, because I read your story about the nine pandemic narratives we’re getting wrong. In there, you said that Bhattacharya estimated the fatality rate at 0.01 percent. But if you actually read The Wall Street Journal article, what he’s really saying is I think it’s much lower. I’ve looked at two or three different possibilities, and we really need some major testing to figure out what it actually is, because I think 2 percent to 4 percent is really high.
  • He says, “if our surmise of 6 million cases is accurate, that’s a mortality rate of 0.01%. That is ⅒th the flu mortality rate of 0.1%.” An I.F.R. of 0.01 percent, spread fully through the American population, yields a total American death toll of 33,000 people. We have had 1.2 million deaths. And you are adjudicating this dispute, in 2023, and saying that Neil was wrong and Jay was right.
  • hird, in the Imperial College report — the one projecting two million American deaths — Ferguson gives an I.F.R. estimate of 0.9 percent.
  • Bhattacharya’s? Yes, there is some uncertainty around the estimate he offers. But the estimate he does offer — 0.01 percent — is one hundred times lower than the I.F.R. you yourselves cite as the proper benchmark.
  • Nocera: In The Wall Street Journal he does not say it’s 0.01. He says, we need to test to find out what it is, but it is definitely lower than 2 to 4 percent.
  • Well, first of all, the 2 percent to 4 percent fatality rate is not from Neil Ferguson. It’s from the W.H.O.
  • But I think that fundamentally, at the outset of the pandemic, the most important question orienting all of our thinking was, how bad could this get? And it turns out that almost all of the people who were saying back then that we shouldn’t do much to intervene were extremely wrong about how bad it would be
  • The argument then was, more or less, “We don’t need to do anything too drastic, because it’s not going to be that big a deal.” Now, in 2023, it’s the opposite argument: “We shouldn’t have bothered with restrictions, because they didn’t have an impact; we would have had this same death toll anyway.” But the death toll turned out to be enormous.
  • Now, if we had supplied all these skeptics with the actual numbers at the outset of the pandemic, what kind of audience would they have had? If instead of making the argument against universal mitigation efforts on the basis of a death toll of 40,000 they had made the argument on the basis of a death toll of more than a million, do you think the country would’ve said, they’re right, we’re doing too much, let’s back off?
  • McLean: I think that if you had gone to the American people and said, this many people are going to die, that would’ve been one thing. But if you had gone to the American people and said, this many people are going to die and a large percentage of them are going to be over 80, you might’ve gotten a different answer.
  • I’m not arguing we shouldn’t have been trying to get a clearer sense of the true fatality rate, or that we shouldn’t have been clearer about the age skew. But Bhattacharya was also offering an estimate of fatality rate that turned out to be off by a factor of a hundred from the I.F.R. that you yourselves cite as correct. And then you say that Bhattacharya was right and Ferguson was wrong.
  • And you, too, Joe, you wrote an article in April expressing sympathy for Covid skeptics and you said ——Nocera: This April?No, 2020.Nocera: Oh, oh. That’s the one where I praised Alex Berenson.You also cited some Amherst modeling which said that we were going to have 67,000 to 120,000 American deaths. We already had, at that point, 60,000. So you were suggesting, in making an argument against pandemic restrictions, that the country as a whole was going to experience between 7,000 and 60,000 additional deaths from that point.
  • when I think about the combination of the economic effects of mitigation policies and just of the pandemic itself and the big fiscal response, I look back and I think the U.S. managed this storm relatively well. How about each of you?
  • in this case, Congress did get it together and did come to the rescue. And I agree that made a ton of difference in the short term, but the long-term effects of the fiscal rescue package were to help create inflation. And once again, inflation hits those at the bottom of the socioeconomic distribution much harder than it does those at the top. So I would argue that some of what we did in the pandemic is papering over these long-term issues.
  • I think as with a lot of the stuff we’ve talked about today, I agree with you about the underlying problems. But if we take for granted for a moment that the pandemic was going to hit us, when it did, under the economic conditions it did, and then think about the more narrow context of whether, given all that, we handled the pandemic well. We returned quickly to prepandemic G.D.P. trends, boosted the wealth of the bottom half of the country, cut child poverty in half, pushed unemployment to historical lows.
  • What sense do you make of the other countries of the world and their various mitigation policies? Putting aside China, there’s New Zealand, Australia, South Korea — these are all places that were much more aggressive than the U.S. and indeed more than Europe. And had much, much better outcomes.
  • Nocera: To be perfectly honest, we didn’t really look, we didn’t really spend a lot of time looking at that.
  • McLean: But one reason that we didn’t is I don’t think it tells us anything. When you look at who Covid killed, then you have to look at what the pre-existing conditions in a country were, what percentage of its people are elderly. How sick are people with pre-existing conditions?
  • I just don’t think there’s a comparison. There’s just too many factors that influence it to be able to say that, to be able to compare America to any other country, you’d have to adjust for all these factors.
  • But you do spend a bit of time in the book talking about Sweden. And though it isn’t precisely like-for-like, one way you can control for some of those factors is grouping countries with their neighbors and other countries with similar profiles. And Sweden’s fatality rate in 2020 was 10 times that of Norway, Finland and Iceland. Five times that of Denmark. In the vaccination era, those gaps have narrowed, but by most metrics Sweden has still done worse, overall, than all of those countries.
  • On the matter of omniscience. Let’s say that we can send you back in time. Let’s put you both in charge of American pandemic response, or at least American communication about the pandemic, in early 2020. What would you want to tell the country? How would you have advised us to respond?
  • McLean: What I would want is honesty and communication. I think we’re in a world that is awash in information and the previous methods of communication — giving a blanket statement to people that may or may not be true, when you know there’s nuance underneath it — simply doesn’t work anymore
  • o I would’ve been much more clear — we think masks might help, we don’t know, but it’s not that big of an ask, let’s do it. We think the early data coming out of Italy shows that these are the people who are really, really at risk from Covid, but it’s not entirely clear yet. Maybe there is spread in schools, but we don’t know. Let’s look at this and keep an open mind and look at the data as it comes in.
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Italy's Giorgia Meloni Visits Tolkien Exhibition in Rome - The New York Times - 0 views

  • “I found the exhibition very beautiful,” Giorgia Meloni, the prime minister, said after her personal tour of “Tolkien: Man, Professor, Author.” “As a person who knows the issue pretty well, I found many things I didn’t know.”
  • for Ms. Meloni and others who grew up in a post-Fascist universe that could not publicly look to the recent Italian past for heroes, Tolkien’s adventures — tales of warriors, invading armies and everyday folk defending their homelands — supplied a safe space to articulate their worldview. They dressed in character. They sang along with the extremist folk band Fellowship of the Ring at jamborees of right-wing youth called Camp Hobbit.
  • that esoteric subculture has followed her up to Italy’s temples of high art
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  • He has said Tolkien was a major literary figure who deserved a major show marking the 50th anniversary of his death. Ms. Meloni’s critics have instead characterized the exhibit, which she called “a beautiful page of culture,” as a right-wing counteroffensive in the country’s culture wars.
  • “Ask around who knows the names of the nine companions of the ring, see who responds,” he said, naming all nine. He added that when it came to Tolkien, “the right chose him as its go-to author.”
  • The show was intended to transmit that tradition, said members of the youth wing of Ms. Meloni’s far-right Brothers of Italy party, who were there, too.
  • “It’s an inheritance,” said Andrea Paramano, a 21-year-old member, as he stood with his friends around models of the Shire and epic battles with Balrog, the fire monster. “It gets passed down. The respect of the tradition ——”
  • Mr. Obama was quoted in the exhibit as saying he had moved on from the Hardy Boys to “‘The Lord of the Rings’ and ‘The Hobbit’ and stuff like that,” and that they “weren’t just adventure stories, but they were also stories that taught me about social problems.”
  • Mr. Martini was delighted that the works he loved, of mythical battles and ghouls, had finally been recognized as great art. The political overlay, he said, was “only an Italian problem.”
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'We will coup whoever we want!': the unbearable hubris of Musk and the billionaire tech... - 0 views

  • there’s something different about today’s tech titans, as evidenced by a rash of recent books. Reading about their apocalypse bunkers, vampiric longevity strategies, outlandish social media pronouncements, private space programmes and virtual world-building ambitions, it’s hard to remember they’re not actors in a reality series or characters from a new Avengers movie.
  • Unlike their forebears, contemporary billionaires do not hope to build the biggest house in town, but the biggest colony on the moon. In contrast, however avaricious, the titans of past gilded eras still saw themselves as human members of civil society.
  • The ChatGPT impresario Sam Altman, whose board of directors sacked him as CEO before he made a dramatic comeback this week, wants to upload his consciousness to the cloud (if the AIs he helped build and now fears will permit him).
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  • Contemporary billionaires appear to understand civics and civilians as impediments to their progress, necessary victims of the externalities of their companies’ growth, sad artefacts of the civilisation they will leave behind in their inexorable colonisation of the next dimension
  • Zuckerberg had to go all the way back to Augustus Caesar for a role model, and his admiration for the emperor borders on obsession. He models his haircut on Augustus; his wife joked that three people went on their honeymoon to Rome: Mark, Augustus and herself; he named his second daughter August; and he used to end Facebook meetings by proclaiming “Domination!”
  • as chronicled by Peter Turchin in End Times, his book on elite excess and what it portends, today there are far more centimillionaires and billionaires than there were in the gilded age, and they have collectively accumulated a much larger proportion of the world’s wealth
  • In 1983, there were 66,000 households worth at least $10m in the US. By 2019, that number had increased in terms adjusted for inflation to 693,000
  • Back in the industrial age, the rate of total elite wealth accumulation was capped by the limits of the material world. They could only build so many railroads, steel mills and oilwells at a time. Virtual commodities such as likes, views, crypto and derivatives can be replicated exponentially.
  • Digital businesses depend on mineral slavery in Africa, dump toxic waste in China, facilitate the undermining of democracy across the globe and spread destabilising disinformation for profit – all from the sociopathic remove afforded by remote administration.
  • on an individual basis today’s tech billionaires are not any wealthier than their early 20th-century counterparts. Adjusted for inflation, John Rockefeller’s fortune of $336bn and Andrew Carnegie’s $309bn exceed Musk’s $231bn, Bezos’s $165bn and Gates’s $114bn.
  • Zuckerberg told the New Yorker “through a really harsh approach, he established two hundred years of world peace”, finally acknowledging “that didn’t come for free, and he had to do certain things”. It’s that sort of top down thinking that led Zuckerberg to not only establish an independent oversight board at Facebook, dubbed the “Supreme Court”, but to suggest that it would one day expand its scope to include companies across the industry.
  • Any new business idea, Thiel says, should be an order of magnitude better than what’s already out there. Don’t compare yourself to everyone else; instead operate one level above the competing masses
  • Today’s billionaire philanthropists, frequently espousing the philosophy of “effective altruism”, donate to their own organisations, often in the form of their own stock, and make their own decisions about how the money is spent because they are, after all, experts in everything
  • Their words and actions suggest an approach to life, technology and business that I have come to call “The Mindset” – a belief that with enough money, one can escape the harms created by earning money in that way. It’s a belief that with enough genius and technology, they can rise above the plane of mere mortals and exist on an entirely different level, or planet, altogether.
  • By combining a distorted interpretation of Nietzsche with a pretty accurate one of Ayn Rand, they end up with a belief that while “God is dead”, the übermensch of the future can use pure reason to rise above traditional religious values and remake the world “in his own interests”
  • Nietzsche’s language, particularly out of context, provides tech übermensch wannabes with justification for assuming superhuman authority. In his book Zero to One, Thiel directly quotes Nietzsche to argue for the supremacy of the individual: “madness is rare in individuals, but in groups, parties, nations, and ages it is the rule”.
  • In Thiel’s words: “I no longer believe that freedom and democracy are compatible.”
  • This distorted image of the übermensch as a godlike creator, pushing confidently towards his clear vision of how things should be, persists as an essential component of The Mindset
  • In response to the accusation that the US government organised a coup against Evo Morales in Bolivia in order for Tesla to secure lithium there, Musk tweeted: “We will coup whoever we want! Deal with it.”
  • For Thiel, this requires being what he calls a “definite optimist”. Most entrepreneurs are too process-oriented, making incremental decisions based on how the market responds. They should instead be like Steve Jobs or Elon Musk, pressing on with their singular vision no matter what. The definite optimist doesn’t take feedback into account, but ploughs forward with his new design for a better world.
  • This is not capitalism, as Yanis Varoufakis explains in his new book Technofeudalism. Capitalists sought to extract value from workers by disconnecting them from the value they created, but they still made stuff. Feudalists seek an entirely passive income by “going meta” on business itself. They are rent-seekers, whose aim is to own the very platform on which other people do the work.
  • The antics of the tech feudalists make for better science fiction stories than they chart legitimate paths to sustainable futures.
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How Nations Are Losing a Global Race to Tackle A.I.'s Harms - The New York Times - 0 views

  • When European Union leaders introduced a 125-page draft law to regulate artificial intelligence in April 2021, they hailed it as a global model for handling the technology.
  • E.U. lawmakers had gotten input from thousands of experts for three years about A.I., when the topic was not even on the table in other countries. The result was a “landmark” policy that was “future proof,” declared Margrethe Vestager, the head of digital policy for the 27-nation bloc.
  • Then came ChatGPT.
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  • The eerily humanlike chatbot, which went viral last year by generating its own answers to prompts, blindsided E.U. policymakers. The type of A.I. that powered ChatGPT was not mentioned in the draft law and was not a major focus of discussions about the policy. Lawmakers and their aides peppered one another with calls and texts to address the gap, as tech executives warned that overly aggressive regulations could put Europe at an economic disadvantage.
  • Even now, E.U. lawmakers are arguing over what to do, putting the law at risk. “We will always be lagging behind the speed of technology,” said Svenja Hahn, a member of the European Parliament who was involved in writing the A.I. law.
  • Lawmakers and regulators in Brussels, in Washington and elsewhere are losing a battle to regulate A.I. and are racing to catch up, as concerns grow that the powerful technology will automate away jobs, turbocharge the spread of disinformation and eventually develop its own kind of intelligence.
  • Nations have moved swiftly to tackle A.I.’s potential perils, but European officials have been caught off guard by the technology’s evolution, while U.S. lawmakers openly concede that they barely understand how it works.
  • The absence of rules has left a vacuum. Google, Meta, Microsoft and OpenAI, which makes ChatGPT, have been left to police themselves as they race to create and profit from advanced A.I. systems
  • At the root of the fragmented actions is a fundamental mismatch. A.I. systems are advancing so rapidly and unpredictably that lawmakers and regulators can’t keep pace
  • That gap has been compounded by an A.I. knowledge deficit in governments, labyrinthine bureaucracies and fears that too many rules may inadvertently limit the technology’s benefits.
  • Even in Europe, perhaps the world’s most aggressive tech regulator, A.I. has befuddled policymakers.
  • The European Union has plowed ahead with its new law, the A.I. Act, despite disputes over how to handle the makers of the latest A.I. systems.
  • The result has been a sprawl of responses. President Biden issued an executive order in October about A.I.’s national security effects as lawmakers debate what, if any, measures to pass. Japan is drafting nonbinding guidelines for the technology, while China has imposed restrictions on certain types of A.I. Britain has said existing laws are adequate for regulating the technology. Saudi Arabia and the United Arab Emirates are pouring government money into A.I. research.
  • A final agreement, expected as soon as Wednesday, could restrict certain risky uses of the technology and create transparency requirements about how the underlying systems work. But even if it passes, it is not expected to take effect for at least 18 months — a lifetime in A.I. development — and how it will be enforced is unclear.
  • Many companies, preferring nonbinding codes of conduct that provide latitude to speed up development, are lobbying to soften proposed regulations and pitting governments against one another.
  • “No one, not even the creators of these systems, know what they will be able to do,” said Matt Clifford, an adviser to Prime Minister Rishi Sunak of Britain, who presided over an A.I. Safety Summit last month with 28 countries. “The urgency comes from there being a real question of whether governments are equipped to deal with and mitigate the risks.”
  • Europe takes the lead
  • In mid-2018, 52 academics, computer scientists and lawyers met at the Crowne Plaza hotel in Brussels to discuss artificial intelligence. E.U. officials had selected them to provide advice about the technology, which was drawing attention for powering driverless cars and facial recognition systems.
  • as they discussed A.I.’s possible effects — including the threat of facial recognition technology to people’s privacy — they recognized “there were all these legal gaps, and what happens if people don’t follow those guidelines?”
  • In 2019, the group published a 52-page report with 33 recommendations, including more oversight of A.I. tools that could harm individuals and society.
  • By October, the governments of France, Germany and Italy, the three largest E.U. economies, had come out against strict regulation of general purpose A.I. models for fear of hindering their domestic tech start-ups. Others in the European Parliament said the law would be toothless without addressing the technology. Divisions over the use of facial recognition technology also persisted.
  • So when the A.I. Act was unveiled in 2021, it concentrated on “high risk” uses of the technology, including in law enforcement, school admissions and hiring. It largely avoided regulating the A.I. models that powered them unless listed as dangerous
  • “They sent me a draft, and I sent them back 20 pages of comments,” said Stuart Russell, a computer science professor at the University of California, Berkeley, who advised the European Commission. “Anything not on their list of high-risk applications would not count, and the list excluded ChatGPT and most A.I. systems.”
  • E.U. leaders were undeterred.“Europe may not have been the leader in the last wave of digitalization, but it has it all to lead the next one,” Ms. Vestager said when she introduced the policy at a news conference in Brussels.
  • In 2020, European policymakers decided that the best approach was to focus on how A.I. was used and not the underlying technology. A.I. was not inherently good or bad, they said — it depended on how it was applied.
  • Nineteen months later, ChatGPT arrived.
  • The Washington game
  • Lacking tech expertise, lawmakers are increasingly relying on Anthropic, Microsoft, OpenAI, Google and other A.I. makers to explain how it works and to help create rules.
  • “We’re not experts,” said Representative Ted Lieu, Democrat of California, who hosted Sam Altman, OpenAI’s chief executive, and more than 50 lawmakers at a dinner in Washington in May. “It’s important to be humble.”
  • Tech companies have seized their advantage. In the first half of the year, many of Microsoft’s and Google’s combined 169 lobbyists met with lawmakers and the White House to discuss A.I. legislation, according to lobbying disclosures. OpenAI registered its first three lobbyists and a tech lobbying group unveiled a $25 million campaign to promote A.I.’s benefits this year.
  • In that same period, Mr. Altman met with more than 100 members of Congress, including former Speaker Kevin McCarthy, Republican of California, and the Senate leader, Chuck Schumer, Democrat of New York. After testifying in Congress in May, Mr. Altman embarked on a 17-city global tour, meeting world leaders including President Emmanuel Macron of France, Mr. Sunak and Prime Minister Narendra Modi of India.
  • , the White House announced that the four companies had agreed to voluntary commitments on A.I. safety, including testing their systems through third-party overseers — which most of the companies were already doing.
  • “It was brilliant,” Mr. Smith said. “Instead of people in government coming up with ideas that might have been impractical, they said, ‘Show us what you think you can do and we’ll push you to do more.’”
  • In a statement, Ms. Raimondo said the federal government would keep working with companies so “America continues to lead the world in responsible A.I. innovation.”
  • Over the summer, the Federal Trade Commission opened an investigation into OpenAI and how it handles user data. Lawmakers continued welcoming tech executives.
  • In September, Mr. Schumer was the host of Elon Musk, Mark Zuckerberg of Meta, Sundar Pichai of Google, Satya Nadella of Microsoft and Mr. Altman at a closed-door meeting with lawmakers in Washington to discuss A.I. rules. Mr. Musk warned of A.I.’s “civilizational” risks, while Mr. Altman proclaimed that A.I. could solve global problems such as poverty.
  • A.I. companies are playing governments off one another. In Europe, industry groups have warned that regulations could put the European Union behind the United States. In Washington, tech companies have cautioned that China might pull ahead.
  • In May, Ms. Vestager, Ms. Raimondo and Antony J. Blinken, the U.S. secretary of state, met in Lulea, Sweden, to discuss cooperating on digital policy.
  • “China is way better at this stuff than you imagine,” Mr. Clark of Anthropic told members of Congress in January.
  • After two days of talks, Ms. Vestager announced that Europe and the United States would release a shared code of conduct for safeguarding A.I. “within weeks.” She messaged colleagues in Brussels asking them to share her social media post about the pact, which she called a “huge step in a race we can’t afford to lose.”
  • Months later, no shared code of conduct had appeared. The United States instead announced A.I. guidelines of its own.
  • Little progress has been made internationally on A.I. With countries mired in economic competition and geopolitical distrust, many are setting their own rules for the borderless technology.
  • Yet “weak regulation in another country will affect you,” said Rajeev Chandrasekhar, India’s technology minister, noting that a lack of rules around American social media companies led to a wave of global disinformation.
  • “Most of the countries impacted by those technologies were never at the table when policies were set,” he said. “A.I will be several factors more difficult to manage.”
  • Even among allies, the issue has been divisive. At the meeting in Sweden between E.U. and U.S. officials, Mr. Blinken criticized Europe for moving forward with A.I. regulations that could harm American companies, one attendee said. Thierry Breton, a European commissioner, shot back that the United States could not dictate European policy, the person said.
  • Some policymakers said they hoped for progress at an A.I. safety summit that Britain held last month at Bletchley Park, where the mathematician Alan Turing helped crack the Enigma code used by the Nazis. The gathering featured Vice President Kamala Harris; Wu Zhaohui, China’s vice minister of science and technology; Mr. Musk; and others.
  • The upshot was a 12-paragraph statement describing A.I.’s “transformative” potential and “catastrophic” risk of misuse. Attendees agreed to meet again next year.
  • The talks, in the end, produced a deal to keep talking.
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Jenrick's resignation is a turning point for the Tory party | The Spectator - 0 views

  • Jenrick quitting over the Rwanda Bill not being strong enough is an equally telling moment. The 41-year-old Jenrick comes from the same well-mannered, centre-right Tory tradition as Sunak. He is in politics for the long haul and undoubtedly sees a return to full Cabinet rank as part of his personal career plan.
  • He was sent by Sunak to the Home Office to man mark that wild card Suella Braverman. But he came to see that she was right on the fundamentals of migration policy of both the legal and illegal varieties.
  • And now he has quit Sunak’s administration, resigning both on a point of principle and as a result of a calculated analysis about the future direction and likely reservoirs of support of the Conservative party.
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  • his political antennae have told him, correctly in my view, that the Conservative Party is going to lose the next election and then undergo a major reorientation that will see its patrician liberal wing of upper-class internationalists getting marginalised and then dropping out.
  • In their place will emerge an earthier, more provincial pro-nation state party that is genuinely socially conservative, particularly around the totemic issue of border control.
  • As immigration minister he looked into the future of migration trends and realised that the international arrangements currently in place are completely unsustainable and that the British public will turn towards a Nigel Farage political vehicle to remedy things if the Tories do not. 
  • Blue Wall, Home Counties Tory liberalism of a kind that prioritises foreign aid over domestic levelling up or international law over basic border control is destined to become so much political roadkill. The actual Liberal Democrats or Keir Starmer’s new Blairism will hoover up voters who believe in that stuff.
  • Jenrick has detected both the electoral and intellectual power of scepticism about mass, uncontrolled migration.
  • The National or ‘New’ Conservative movement, which prioritises the ideas of citizen preference in public services and social housing, strong law and order, pro-family policy, resisting Woke onslaughts from the identitarian left, and the enhancement of social solidarity is the coming force.
  • It will either take a controlling interest in the Tory party or create a party of its own – perhaps in conjunction with senior voices in Reform or even the SDP – after a calamitous Conservative defeat next year. Either way, a big shake-out is coming and the smart people are turning right
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Opinion | We Should Have Known So Much About Covid From the Start - The New York Times - 0 views

  • I spoke to Mina about what seeing Covid as a textbook virus tells us about the nature of the pandemic off-ramp — and about everything else we should’ve known about the disease from the outset.
  • you can get exposed or you can get vaccinated. But either way, we have to keep building our immune system up, as babies do. That takes years to do. And I think it’s going to be a few more years at least.
  • And in the meantime?We’ve seen a dramatic reduction in mortality. We’ve even seen, I’d say, a dramatic decline in rates of serious long Covid per infection.
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  • But I do think it’s going to be a while before this virus becomes completely normal. And I’ve never been convinced that this current generation of elderly people will ever get to a place where it is completely normal. If you’re 65 or 75 or even older — it’s really hard to teach an immune system new tricks if you’re that age
  • And so while we may see excess mortality in the elderly decline somewhat, I don’t think we’ll see it ever disappear for this generation who was already old when the pandemic hit. Many will never develop that robust, long-term immunological memory we would want to see — and which happens naturally to someone who’s been exposed hundreds of times since they were a little baby.
  • There’s a similar story with measles. There is no routine later-life sequelae, like shingles, for measles. But what we do see is that, in measles outbreaks today, there are some people who were vaccinated who get it anyway. Maybe 5 to 15 percent of cases are not immunologically naïve people, but vaccinated people.
  • Is it really the case that, as babies, we are fighting off those viruses hundreds of times?The short answer is yeah. We start seeing viruses when we’re 2 months old, when we’re a month old. And a lot of these viruses we’ve seen literally tens, if not hundreds of times for some people by the time we’re adults. People tend to think that immunity is binary — you’re either immune or you’re not. That couldn’t be farther from the truth. It’s a gradient, and your protection gets stronger the more times you see a virus.
  • We used to think we just had this spectacular immune response when we first encountered the virus at, say, age 6, and that the immune response lasted until we were 70. But actually what we were seeing was the effect of an immune system being retrained every time it came into contact with the virus after the initial infection — at 6, and 7, and 8, and so on. Every time your friend got chickenpox, or your neighbor, you got a massive boost. You were re-upping your immune response and diversifying your immunological tools — potentially multiple times a year, a kind of natural booster.
  • But now, in America, kids get chickenpox vaccines. So you don’t have kids in America getting chickenpox today, and never will. But that means that older Americans, who did get it as kids, are not being exposed again — certainly not multiple times each year. And it turns out that, in the absence of routine re-exposures, that first exposure alone isn’t nearly as good at driving lifelong immunity and warding off shingles until your immune system begins to fall apart in old age — it can last until you’re in your 30s, for example but not until your 70s.
  • With Covid, when it infects you, it can land in your upper respiratory tract and it just start replicating right there. Immediately, it’s present and replicating in your lungs and in your nose. And that alone elicits enough of an immune response to cause us to feel really crappy and even cause us to feel disease.
  • But we could have just set the narrative better at the beginning: Look, you might get sick again, but your risk of landing in the hospital is going to be really low, and if you get a booster, you might still get sick again, but your risk of landing in the hospital is going to be even lower. That’s something I think humans can deal with, and I think the public could have understood it.
  • But it’s why we don’t see the severe disease as much, with a second exposure or an exposure after vaccination: For most people, it’s not getting into the heart and the liver and stuff nearly as easily.
  • But it doesn’t have to. It’s still causing symptomatic disease. And maybe mucosal vaccines could stop this, but without them we’re likely to continue seeing infections and even symptomatic infections.
  • through most of 2020 and into 2021, though. Back then, I think the conventional wisdom was that a single exposure — through infection or vaccination — would be the end of the pandemic for you. If this is basic virology and immunology, how did we get that so wrong?
  • The short answer is that epidemiologists are not immunologists and immunologists are not virologists and virologists are not epidemiologists. And, in general, physicians don’t know anything about the details.
  • But this failure had some pretty concrete impacts. When reinfections first began popping up, people were surprised, they were scared, and then, to some degree, they lost trust in vaccines. And the people they were turning to for guidance — not only did they not warn us about that, they were slow to acknowledge it, as well.
  • It had dramatic impacts and ripple effects that will last for years to limit our ability to get populations properly vaccinated.
  • the worst thing we can do during a pandemic is set inappropriately high expectations. These vaccines are incredible, they’ve had an enormously positive impact on mortality, but they were never going to end the pandemic.
  • And now, there’s a huge number of people questioning, do these vaccines even do anything?
  • For babies born today, though, I really think they’re not going to view Covid as any different than other viruses. By the time they are 20, it will be like any other virus to them. Because their immune systems will have grown up with it.
  • Instead, we set society up for failure, since people feel like the government failed everyone, that biology failed us, and that this was a crazy virus that has broken all the rules of our immune system, when it’s just doing what we’ve always known it would do.
  • How do you wish we had messaged things differently? What would it have meant to communicate early and clearly that Covid was a textbook virus, as you say?I think the biggest thing would have been just to say, we understand the enemy.
  • To say that this is a textbook virus, it doesn’t mean that it’s not killing people. Objectively, it’s still killing more people than any other infectious disease
  • What it means is that we could’ve taken action based on what we knew, rather than waiting around to prove everything and publish papers in Nature and Science talking about things we already knew.
  • We could have prepared for November and December of 2020 and then for November and December of 2021. But everyone kept saying, we don’t know if it’s going to come back. We knew it was going to come back and it makes me want to cry to think about it. We did nothing and hundreds of thousands of people died. We didn’t prepare nursing homes because we all got to the summer of 2020 and we said, cross our fingers.
  • We knew how tests worked. We knew about serial testing and why it was important for a public health approach. We knew that vaccines could have really good impacts once they were around. And if you were looking through the correct lens, we even knew that they weren’t going to stop transmission.
  • We didn’t have to live in a world where we were flying blind. We could have lived in a world where we’re knowledgeable. But instead, we chose almost across the board to will ourselves into this state of fear and anxiety.
  • And that really started in the earliest days. Almost the first experience I had was a lot like that movie with Jennifer Lawrence —Don’t Look Up.
  • none of this was complicated. You just had to ask a simple question: what would happen if you took away all immunity from an adult? Well, once you control for no immunity, adults are going to get very, very sick.
  • Of course, by and large, babies didn’t get very sick from this disease.Babies are immunologically naïve, but they are also resilient. A virus can tear up a baby, but a baby can repair its tissue so fast. Adults don’t have that. It’s just like a baby getting a cut. They’ll heal really quick
  • An adult getting a cut — you go by age, and every decade of age that you are, it’s going to take exponentially longer for that wound to heal. Eventually get to 80 or 90 and the wound can’t even heal. In the immunology world, this is called “tolerance.”
  • why are all these organ systems getting damaged when other viruses don’t seem to do that? It’s natural to think, it’s Covid — this is a weird disease. But it’s much more a story about immunity and how it develops than about the virus or the disease. None of our organ systems had any immune defenses around to help them out. And I think that the majority of post-acute sequelae and multi-organ complications and long Covid — they are not the result of the virus being a crazy different virus, but are a result of this virus replicating in an environment where there were such absent or exceedingly low defenses.
  • Is it the same whenever we encounter a virus for the first time?Think about travelers. Travelers get way more sick from a local disease than people who grew up with that virus. If you get malaria as a traveler, you’re much more likely to get really sick. You don’t see everyone in Nicaragua taking chloroquine every day. But you definitely see travelers taking it, because malaria can be deadly for adults.
  • What about, not severity, but post-acute complications — do we have long malaria? Do we have liver complications from dengue?
  • The really hard part of answering that question is there’s just not enough data on the frequency of long-term effects, because nothing like this has ever happened at such scale. It’s like everyone in Europe and North America suddenly traveled to a country where malaria was endemic.
  • Or think about H.I.V. It essentially kills your immune system, and once the immune barriers are down, other viruses that used to infect humans would get into tissues that we didn’t like them to get into. If there wasn’t such a clear signal of a loss of CD-4 T cells to explain it, people might still be scratching their heads and going, man, I wonder why all these patients are getting fungal infections. Well, there’s a virus there that’s depleting their immune system.
  • Covid is absolutely waking the world up to this — to the fact that there are really weird long-term sequelae to viruses when they infect organ systems that would normally be protected. And I think we’re going to find that more and more cancers are being attributed to viral infections.
  • It wasn’t that long ago that we first learned that most cases of cervical cancer were caused by H.P.V. — I think the 1980s. And now we have a vaccine for H.P.V. and rates of cervical cancer have fallen by two-thirds.
  • what about incidence? We’ve talked at a few points about how important it is to think about all of these questions in terms of the scale. What is the right scale for thinking about future long Covid, for instance, or other post-acute sequelae?
  • I think the absolute risk, per infection, is going down and down and down. That’s just true.
  • he U.K.’s Office of National Statistics, which shows a much lower risk of developing long Covid now, from reinfection, than from an initial infection earlier in the pandemic.
  • the worst is definitely behind us, which is a good thing, especially for people who worry that the problems will keep building and a lot of people — or even everyone — will get long Covid symptoms. I don’t think there’s a world where we’re looking at the babies of today dealing with long Covid at any meaningful scale.
  • a lot of the fear right now comes from the worst cases, and there’s a lot of worst cases. Even one of the people that I know well, I know in their mind they’re worried that they’ll never recover, but I think objectively they are recovering slowly. It might not be an eight month course. It might be a year and a half. But they will get better. Most of us will.
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'Childhood has been rewired': Professor Jonathan Haidt on how smartphones are damaging ... - 0 views

  • Something strange is happening with teenagers’ mental health. In Britain, the US, Australia and beyond, the same trend can be seen: around the middle of the last decade, the number of young people with anxiety, depression and even suicidal tendancies started to rise sharpl
  • He is working on a book, due out next year, and is ready to share his thesis.
  • his message is quite horrifying.
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  • He argues that the tools of social media are just too sharp for young minds. On digital platforms teens parade themselves, often to an audience of strangers, and this is leading to addiction, paranoia and despair
  • For girls, the effect is especially acute. ‘What we’re seeing is a very sharp, sudden change in girls’ mental health all around the Anglosphere and the Nordic countries,’ he says. A big change was evident from 2013, when physical friendship groups started to be supplanted by smartphones and online chat. ‘But you cannot grow up in networks. You have to grow up in communities.’
  • boys who have religion in their lives seem to be less susceptible. ‘If you’re a kid who’s a religious conservative, on average, your mental health is not really much worse than it was ten years ago
  • But if you’re a secular liberal girl, you’re probably more than twice as likely to have a mental health problem.’
  • a University of Michigan survey into ‘self-derogation’ – i.e., how likely teenagers are to say they are ‘no good’ or ‘can’t do anything right’. Figures had been stable for years but started rising sharply ten years ago – except for among boys who identified as conservative and said that religion was important to them.
  • irls simply use social media more. But Professor Haidt also thinks they are more likely to buy into what he calls the ‘three great untruths’ of social media
  • The first is that they are fragile and can be harmed by speech and words.
  • Next, that their emotions, and especially their anxieties, are reliable guides to reality.
  • And finally, that society is one big battle between victims and oppressors. All this, he says, is the subtext to social media discourse.
  • ‘It’s what I’ve been calling the phone-based child,’
  • So we had playdates in childhood, up until around 2010.’ In Britain, he says, the number of children who went on real-life playdates then fell sharply.
  • Social media is a bit of a misnomer, he says. It’s no longer about connecting people, but ‘performing on a platform’. Perhaps this is fine for grown-ups, but not for children, ‘where they can say things in public, including to strangers, and then be publicly shamed by potentially millions of people
  • Children should not be on social networks. They should be playing in person. Social media platforms should never be accessed by children until they’re 18. It’s just insane that we let kids do these things.’
  • I ask if he thinks all platforms are equally dangerous
  • ‘TikTok is probably the worst for their intellectual development. I think it literally reduces their ability to focus on anything while stuffing them with little bits of stuff that was selected by an algorithm for emotional arousal. Not for truth.’
  • if you get your news from social media (which many people do – in the UK, Instagram has overtaken all newspapers as a news source), this can change your view of the world, especially as the algorithms tend to promote the most provocative views.
  • If asked to choose whether they side more with Israel or Hamas, ‘the great majority of Americans side with Israel, except for Gen Z, which is split 50-50’,
  • ‘There was a Twitter thread recently showing how if you look at what people are saying on TikTok, you can understand why
  • TikTok and Twitter are incredibly dangerous for our democracy. I’d say they’re incompatible with the kind of liberal democracy that we’ve developed over the last few hundred years.’
  • Might it just be the case, I ask, that there’s less of a stigma around mental health now, so teenagers are far more likely to admit that they have problems?
  • why is it, then, that right around 2013 all these girls suddenly start checking into psychiatric inpatient units? Or suicide – they’re making many more suicide attempts. The level of self-harm goes up by 200 or 300 per cent, especially for the younger girls aged ten to 14
  • we see very much the same curves, at the same time, for behaviour. Suicide, certainly, is not a self-report variable. This is real. This is the biggest mental health crisis in all of known history for kids.’
  • he increased number of suicides since 2010 is so large that I suspect this is among the largest public health threats to children since the major diseases were wiped out
  • In Britain, suicide rates started rising in 2014, up about 20 per cent for boys (to 420 a year) and 60 per cent for girls (to 160 a year).
  • What should parents do? They know that if they try to remove their teenager’s smartphone, their child will accuse them of destroying his or her social life. ‘That’s a perfect statement of what we call a collective action problem,’
  • ‘Any one person doing the right thing is in big trouble. But why do we ever let our kids on social media? It’s only down to the dynamic you just said.’ New norms are needed, he says. And his book will suggest four.
  • Rule one, he says: no smartphones before the age of 14.
  • ‘Give them a flip phone. Millennials had flip phones. They texted each other
  • Rule two: no social media before 16
  • His third rule: no phones in schools.
  • finally: more unsupervised play. ‘Both of our countries freaked out in the 1990s, locked up our kids because we lost trust in each other. We thought everyone was a child molester or a rapist.’ Children and teens could do with six or seven hours each day out of contact with their parents, he argues. Keeping them inside risks more harm than the outside world would pose.
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Two Wall Street titans on why the world is at its most precarious since 1938 - 0 views

  • Israel’s war with Hamas and Russia’s full-scale invasion of Ukraine have made the world a more “scary and unpredictable” place than at any other time since the Second World War, Dimon contended. “Here in the US, we continue to have a strong economy,” he said. “We still have a lot of fiscal and monetary stimulus in the system. But these geopolitical matters are very serious — arguably the most serious since 1938.
  • What’s happening ... right now is the most important thing for the future of the world — freedom, democracy, food, energy, immigration. We diminish that importance when you say, ‘What’s it going to do to the market?’ Markets will be fine. Markets can deal with stuff. Markets go up and down. Markets fluctuate.”
  • That said, the conflict in the Middle East — in which at least 1,400 Israelis have been murdered and 9,000 Palestinians killed in Israeli attacks on Gaza since October 7 — has rattled a financial system already gulping at the prospect of inflation proving sticky and interest rates staying higher for longer. The region accounts for 48 per cent of global energy reserves and produced 33 per cent of the world’s oil last year. Previous crises, such as Saddam Hussein’s invasion of Kuwait in 1990 and the Arab oil embargo of 1973-74, resulted in big price shocks — although so far, at about $86 a barrel, oil has roughly returned to its pre-October 7 level, while gas prices have risen only slightly.
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  • So fear creates recessions in the long run — and if we continue to have rising fear, the probability of a European recession grows and the probability of a US recession grows. Geopolitics is playing a bigger role in everyone’s equations.”
  • Geopolitical risk is a major component in shaping all our lives. We are having rising fear throughout the world, and less hope. Rising fear creates a withdrawal from consumption or spending more.
  • “When the Russian invasion occurred in Ukraine, we said that the peace dividend is over,” Larry Fink, chief executive of investment giant BlackRock, told The Sunday Times. “Now, with the instability in the Middle East, we’re going to almost a whole new future.
  • Dimon noted that inflation had “levelled off a little bit” overall, but said: “It’s not clear to me that long-term forces are not inflationary … And that’s why I’m saying rates could possibly go up from here. That’s life in the fast lane.”
  • Higher borrowing costs have started to hit debt-fuelled sectors that boomed in the zero-rates era — such as commercial property, where $80 billion (£65 billion) of assets across the US are in some form of financial distress, according to MSCI, and private equity.
  • [the legendary investor] Warren Buffett says you see who’s swimming naked when the tide goes out. Not everyone is really ready for 6 or 7 per cent rates, but I wouldn’t rule them out.”
  • Fink pointed out that the transmission of rate rises into the US economy was less direct than in the UK
  • “I’m a fundamental believer that we’re going to have higher inflation for longer, and it’s going to require the [Fed] to raise rates higher — probably one or two more tightenings — and that will ultimately be the way we get into recession.”
  • Many senior figures on Wall Street worry about the US government’s ability to finance itself in the medium term. As in the UK, the market for government debt was underpinned by huge waves of quantitative easing (QE) after the financial crisis, as the Federal Reserve, in effect, bought assets including Treasuries to boost the economy. Following a revival of the programme during Covid, it came to an end in March last year.
  • The withdrawal of QE, combined with lacklustre appetite for Treasuries among US banks and international investors such as China, could force the government to pay higher prices at a time of near-record borrowing.
  • “It might be a 20km headwind right now, but next year it’s going to be 25km and it’s going to grow,” a top investor said of the decreasing international demand for US government debt.
  • US stock market floats and fundraisings, the heartbeat of capital markets, slumped to their lowest level since 1998 last year as the spike in interest rates punctured valuations of growth stocks in sectors such as tech and healthcare.
  • The cautious mood on Wall Street comes against a backdrop of surprisingly strong US growth. The economy expanded by an astonishing 4.9 per cent in the third quart
  • the Biden administration is shovelling stimulus into the system via big pieces of legislation promising to accelerate America’s adoption of renewables, rebuild its advanced semiconductor industry and increase its spending on roads, bridges and broadband.
  • We have huge stimulus,” said Fink. “People are not factoring in the Inflation Reduction Act, the Chips Act and the Infrastructure Act, which are about $970 billion of stimulus. Those are the largest stimuluses ever when there’s not a pandemic or a financial crisis ... And it’s at a time when you can have unions win a 25 per cent labour increase … These are very inflationary, whether it’s the fiscal stimulus or these wage increases.”
  • It all comes back to that word. Unexpectedly high growth, massive government stimulus and now two wars that threaten to spill out into broader crises — it all spells inflation. The flurry of hope in markets that Fed and the Bank of England have reached the top of their rate-raising cycles may yet prove premature
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Opinion | Why Did So Many Economists Get Disinflation Wrong? - The New York Times - 0 views

  • The Brookings Papers on Economic Activity, a conference held twice a year, is America’s premier forum for relating academic research to “the most urgent economic challenges of the day.” The lead presentation at the September 2022 conference was a paper by Laurence Ball, Daniel Leigh and Prachi Mishra on inflation. And its conclusions were dismal. Harvard’s Jason Furman, one of the assigned discussants, wrote an opinion piece calling it “the scariest economics paper of 2022,” suggesting that to get inflation down to 2 percent “we may need to tolerate unemployment of 6.5 percent for two years.”
  • My question instead is why so many economists got the inflation outlook so wrong.
  • Unemployment is still near a 50-year low, yet here’s what happened to the Federal Reserve’s preferred measure of underlying inflation, the personal consumption expenditures deflator excluding food and energy (try saying that five times fast):
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  • But when economists talk about inflation, they mean the rate at which prices are increasing, not their absolute level.
  • The first is: what disinflation? Prices are still a lot higher than they were three years ago.
  • let me deal with two complaints I often get when I talk about disinflation.
  • If you want a measure that’s closer to how people currently spend their money, you want the Harmonized Index of Consumer Prices.
  • The second complaint I constantly hear involves assertions that the supposed fall in inflation is fake, because economists exclude the prices of the things real people actually buy.
  • this is almost exactly wrong. The U.S. Consumer Price Index contains a lot of stuff people do not, in fact, actually buy. As we’ve discussed before in this newsletter, a quarter of the index is “owners’ equivalent rent,” an estimate of what homeowners would be paying if they were renting their houses.
  • trying to get the overall level of prices back to what it was before an inflationary shock, as opposed to stabilizing them, is almost always a bad idea.
  • The bottom line is that disinflation is real — indeed, spectacular.
  • Are we all the way back to 2 percent inflation? Probably not, although there’s a real angels-dancing-on-the-head-of-a-pin feel to the debate over the right measure of underlying inflation, and even over what that term really means
  • ut we’ve gotten most of the way there, without a recession or even a large rise in unemployment.
  • So why were many economists so pessimistic last fall?
  • what strikes me about the dire inflation predictions of summer and fall 2022 is their non sequiturness (non sequituritality?)
  • The Biden fiscal stimulus of early 2021 was very large, so it made sense to worry about excessive spending driving prices up. Predictions that inflation would remain stubbornly high, however, didn’t draw at all on the same logic; instead, pessimists came up with new, completely unrelated justifications for their pessimism.
  • these arguments for persistent inflation weren’t just unrelated to the original case for inflation; they were also unrelated to each other — almost as if economists were looking for reasons to be pessimistic.
  • I’d like to see some hard thinking about how so many of my colleagues got this story so wrong, and maybe even a bit of introspection about their motivations.
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Excuse me, but the industries AI is disrupting are not lucrative - 0 views

  • Google’s Gemini. The demo video earlier this week was nothing short of amazing, as Gemini appeared to fluidly interact with a questioner going through various tasks and drawings, always giving succinct and correct answers.
  • another huge new AI model revealed.
  • that’s. . . not what’s going on. Rather, they pre-recorded it and sent individual frames of the video to Gemini to respond to, as well as more informative prompts than shown, in addition to editing the replies from Gemini to be shorter and thus, presumably, more relevant. Factor all that in, Gemini doesn’t look that different from GPT-4,
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  • Continued hype is necessary for the industry, because so much money flowing in essentially allows the big players, like OpenAI, to operate free of economic worry and considerations
  • The money involved is staggering—Anthropic announced they would compete with OpenAI and raised 2 billion dollars to train their next-gen model, a European counterpart just raised 500 million, etc. Venture capitalists are eager to throw as much money as humanely possible into AI, as it looks so revolutionary, so manifesto-worthy, so lucrative.
  • While I have no idea what the downloads are going to be for the GPT Store next year, my suspicion is it does not live up to the hyped Apple-esque expectation.
  • given their test scores, I’m willing to say GPT-4 or Gemini is smarter along many dimensions than a lot of actual humans, at least in the breadth of their abstract knowledge—all while noting even leading models still have around a 3% hallucination rate, which stacks up in a complex task.
  • A more interesting “bear case” for AI is that, if you look at the list of industries that leading AIs like GPT-4 are capable of disrupting—and therefore making money off of—the list is lackluster from a return-on-investment perspective, because the industries themselves are not very lucrative.
  • What are AIs of the GPT-4 generation best at? It’s things like:writing essays or short fictionsdigital artchattingprogramming assistance
  • While I personally wouldn’t go so far as to describe current LLMs as “a solution in search of a problem” like cryptocurrency has famously been described as, I do think the description rings true in an overall economic/business sense so fa
  • The issue is that taking the job of a human illustrator just. . . doesn’t make you much money. Because human illustrators don’t make much money
  • While you can easily use Dall-E to make art for a blog, or a comic book, or a fantasy portrait to play an RPG, the market for those things is vanishingly small, almost nonexistent
  • As of this writing, the compute cost to create an image using a large image model is roughly $.001 and it takes around 1 second. Doing a similar task with a designer or a photographer would cost hundreds of dollars (minimum) and many hours or days (accounting for work time, as well as schedules). Even if, for simplicity’s sake, we underestimate the cost to be $100 and the time to be 1 hour, generative AI is 100,000 times cheaper and 3,600 times faster than the human alternative.
  • Like, wow, an AI that can write a Reddit comment! Well, there are millions of Reddit comments, which is precisely why we now have AIs good at writing them. Wow, an AI that can generate music! Well, there are millions of songs, which is precisely why we now have AIs good at creating them.
  • Search is the most obvious large market for AI companies, but Bing has had effectively GPT-4-level AI on offer now for almost a year, and there’s been no huge steal from Google’s market share.
  • What about programming? It’s actually a great expression of the issue, because AI isn’t replacing programming—it’s replacing Stack Overflow, a programming advice website (after all, you can’t just hire GPT-4 to code something for you, you have to hire a programmer who uses GPT-4
  • Even if OpenAI drove Stack Overflow out of business entirely and cornered the market on “helping with programming” they would gain, what? Stack Overflow is worth about 1.8 billion, according to its last sale in 2022. OpenAI already dwarfs it in valuation by an order of magnitude.
  • The more one thinks about this, one notices a tension in the very pitch itself: don’t worry, AI isn’t going to take all our jobs, just make us better at them, but at the same time, the upside of AI as an industry is the total combined worth of the industries its replacing, er, disrupting, and this justifies the massive investments and endless economic optimism.
  • It makes me worried about the worst of all possible worlds: generative AI manages to pollute the internet with cheap synthetic data, manages to make being a human artist / creator harder, manages to provide the basis of agential AIs that still pose some sort of existential risk if they get intelligent enough—all without ushering in some massive GDP boost that takes us into utopia
  • If the AI industry ever goes through an economic bust sometime in the next decade I think it’ll be because there are fewer ways than first thought to squeeze substantial profits out of tasks that are relatively commonplace already
  • We can just look around for equivalencies. The payment for humans working as “mechanical turks” on Amazon are shockingly low. If a human pretending to be an AI (which is essentially what a mechanical turk worker is doing) only makes a buck an hour, how much will an AI make doing the same thing?
  • , is it just a quirk of the current state of technology, or something more general?
  • What’s written on the internet is a huge “high quality” training set (at least in that it is all legible and collectable and easy to parse) so AIs are very good at writing the kind of things you read on the internet
  • But data with a high supply usually means its production is easy or commonplace, which, ceteris paribus, means it’s cheap to sell in turn. The result is a highly-intelligent AI merely adding to an already-massive supply of the stuff it’s trained on.
  • Was there really a great crying need for new ways to cheat on academic essays? Probably not. Will chatting with the History Buff AI app (it was is in the background of Sam Altman’s presentation) be significantly different than chatting with posters on /r/history on Reddit? Probably not
  • Call it the supply paradox of AI: the easier it is to train an AI to do something, the less economically valuable that thing is. After all, the huge supply of the thing is how the AI got so good in the first place.
  • AI might end up incredibly smart, but mostly at things that aren’t economically valuable.
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Why China Is Miles Ahead in a Pacific Race for Influence - The New York Times - 0 views

  • Eight years after Xi Jinping visited Fiji, offering Pacific Island nations a ride on “China’s express train of development,” Beijing is fully entrenched, its power irrepressible if not always embraced. And that has left the United States playing catch-up in a vital strategic arena.
  • All over the Pacific, Beijing’s plans have become more ambitious, more visible — and more divisive. China is no longer just probing for opportunities in the island chains that played a critical role in Japan’s strategic planning before World War II
  • hina is seeking to bind the vast region together in agreements for greater access to its land, seas and digital infrastructure, while promising development, scholarships and training in return.
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  • From Papua New Guinea to Palau, the countries of the region have jurisdiction over an area of ocean three times as large as the continental United States, stretching from just south of Hawaii to exclusive economic zones butting up against Australia, Japan and the Philippines.
  • Chinese fishing fleets already dominate the seas between the area’s roughly 30,000 islands, seizing huge hauls of tuna while occasionally sharing intelligence on the movements of the U.S. Navy. If China can add ports, airports and outposts for satellite communications — all of which are edging closer to reality in some Pacific Island nations — it could help in intercepting communications, blocking shipping lanes and engaging in space combat.
  • Mr. Wang signed several new agreements, including a security deal that gives China the power to send security forces to quell unrest or protect Chinese investments, and possibly to build a port for commercial and military use.
  • Chinese officials deny that’s the plan. But the deal — along with others in the Solomons and Kiribati whose details have not been disclosed — has been made possible because of something else that’s visible and much-discussed in the Pacific: a longstanding lack of American urgency, innovation and resources.
  • American officials point out that the United States does have big military bases in Guam, along with close ties to countries like the Marshall Islands. And in February, Antony J. Blinken became the first secretary of state in 36 years to visit Fiji, where he announced that the United States would reopen an embassy in the Solomon Islands and engage more on issues like illegal fishing and climate change.
  • The Yanks, it is often said, used to be more productive. Many of the airports and hospitals still in use across the Pacific were built by the United States and its allies during World War II.
  • “The United States doesn’t have a significant presence in the Pacific at all,” said Anna Powles, a senior lecturer in security studies at Massey University in New Zealand. “I’m always shocked that in Washington they think they have a significant presence when they just don’t.”
  • “There’s a lot of talk,” said Sandra Tarte, the head of the government and international affairs department at the University of the South Pacific in Suva. “And not much real substance.”
  • Mr. Blinken said last week that “China is the only country with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military and technological power to do it.” He promised that the United States would “shape the strategic environment around Beijing to advance our vision for an open and inclusive international system.”
  • The start-up embassy in the Solomons also looks less impressive on closer inspection. Replacing an embassy that closed in the 1990s during America’s post-Cold War withdrawal, the outpost will begin in leased office space with two U.S. staff members and five local hires.
  • The American Embassy, by contrast, sits on a hillside far from downtown Suva in a heavily fortified compound. It covers five nations (Fiji, Kiribati, Nauru, Tonga and Tuvalu), doesn’t have a full-time ambassador — President Biden nominated someone only last week — and is known for being understaffed.
  • Joseph Veramu, a former U.N. consultant who runs Integrity Fiji, which focuses on values like transparency, said in an interview in Suva that he had invited U.S. embassy officials to events five or six times in recent years. Only once did someone come — without saying much, and refusing to allow photos.
  • But what they do want, and what China seems better at providing right now, is consistent engagement and capacity building.
  • While the United States has shown off Coast Guard vessels it is using to police illegal fishing, China is planning to build maritime transportation hubs and high-tech law enforcement centers where Chinese officers can provide expertise and equipment.
  • “China has always maintained that big and small countries are all equals,” Mr. Xi, the Chinese leader, said in a written message to Pacific foreign ministers on Monday. “No matter how international circumstances fluctuate, China will always be a good friend.”
  • Clearly, China intends to keep emphasizing that friendship means building stuff and offering promises of prosperity, while expecting news censorship, resource access and security opportunities in exchange.
  • The pressing question in this part of the world is: What does friendship mean to America?
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