There’s a famous paper about fishing villages in Kerala, India. Before cell phones, fishermen would return to shore and sell their catch to whatever market they happened to reach first. Prices swung wildly from village to village, some fish spoiled while buyers in the next town had none.
Then cell phones arrived. Fishermen could call ahead to find the best market for their haul. Prices stabilized, waste plummeted, and outcomes improved for both buyers and sellers. This image has stuck with me for years as a reminder that when people have access to complete information, they make better decisions.
For decades, economic research (and @Rich_Barton companies) have chased this idea of “turning the lights on” so participants can see clearly. Homebuyers have @zillow. Job seekers have @Glassdoor. But one place the lights have never been fully turned on is how companies spend, operate, and make decisions.
That’s changing.
At @tryramp, we’re building one of the fastest-growing datasets in the world on how the best companies spend and operate: every transaction, policy, and purchase decision mapped against outcomes. And we’re just scratching the surface of what’s possible when AI, productivity, and economics intersect.
That’s why we’re hiring an economics intern for next summer! Someone who’s not just interested in theory, but in uncovering real-world insights about how modern companies allocate capital, structure work, and make decisions in the new AI-driven economy.
If you’re excited by the idea of bringing the same clarity to business spending that cell phones brought to fishermen: @arakharazian and I would love to talk!
Those getting outraged by the portrayal of Gujarat riots atrocities in #Empuraan must read the judgements in Bilkis Bano, Naroda Pattya cases, and public statements of Babu Bajrangi. There is no exaggeration. Only a Malayalam film could have shown this in a mainstream movie.
NEW: Data centers powering AI like ChatGPT could triple their electricity use by 2028.
The Trump administration is investing over $1 trillion into new data centers in the next five years.
But what's the true cost of the AI revolution? We went to rural Georgia to find out.
Kerala’s devolution from the Finance Commission has drastically dropped from 3.87% during the 10th Finance Commission to just 1.92% in the 15th Finance Commission. And they blame the State for increasing debt!
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someone at work said that a generation of kids growing up not reading books is a generation of kids not learning how to imagine what it's like to put themselves in someone else's shoes and understand how/why they feel what they do (empathy)
We just launched Corca—a collaborative math editor. The main idea: there’s no 'text editor' for math. If you want to work on equations on a computer, there’s no app designed for that—so the only real option is paper.
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With 19% land & less than 25% representation in Parliament, Southern states contribute to nearly 1/3rd the whole country's economy, yet receive gravely unfair & low share from devolution.
Wanna debate more numbers, sir?
“Is the Citizenship Amendment Act anti-Muslim and pro-Hindu?” Throwback to 2020 when lawyer and writer Abhinav Chandrachud tore apart India's changes in the CAA.
humility - not grovelling - is a core value of democracy @carlorovelli is asked: ‘What trait do you find most irritating in others?’ his reply:
‘Hypocrisy. It is rampant. There is great talk of values and high moral standards - to cover self-interest, brutality and power games’
ഓരോ കുട്ടിയും അതാത് ക്ലാസ്സുകളിൽ acquire ചെയ്യേണ്ടുന്ന പാഠ്യപദ്ധതി പഠനലക്ഷ്യങ്ങൾ കൈവരിക്കുന്നുണ്ടോ എന്ന് critical ആയിട്ട് പരിശോധിക്കേണ്ട സമയം അതിക്രമിച്ചിട്ടുണ്ട്.
കിട്ടും.
2017 -ലും അതിനടുത്ത വർഷങ്ങളിലും പൊതുവിദ്യാലയങ്ങളിൽ എണ്ണം വർധിച്ചതു പോലെയൊരു കുട്ടികളുടെ ഇടിച്ചുകയറ്റം ഇപ്പോൾ പൊതുവിദ്യാലയങ്ങളിൽ ഇല്ല. പ��ിയെ പതിയെ physical infrastructure അല്ല വിദ്യാഭ്യാസം, ഗുണനിലവാരം പ്രധാനമാണ് എന്ന കാഴ്ചപ്പാട് ആളുകൾക്ക് മാറിവരുന്നുണ്ട്.
ഉയർത്തിക്കാട്ടി മേനി പറയേണ്ടുന്ന സമയം കഴിഞ്ഞു. Quality Education/വിദ്യാഭാസ ഗുണതയുടെ കാര്യത്തിൽ കേരളം പുറകിലേക്ക് പോകുന്നുണ്ട് എന്നത് പൊതുവിദ്യാഭ്യാസ വകുപ്പ് പരസ്യമായി തന്നെ അംഗീകരിക്കേണ്ട കാര്യമാണ്. നടന്നതും നടക്കുന്നതുമായ NAS, SEAS പോലെയുള്ള സർവ്വേകളിൽ നിന്നും അതിന്റെ ത��ളിവുകൾ