Husband, father, fighter for smarter tax/budget policy @Arnold_Ventures. Boxing, University of Michigan, F1 fan. Once aptly described as “grumpy happy.”
@TheStalwart Just as cell phones generally meant crappier audio quality and call reliability, but sitting in your pocket for use at your leisure rather than tied to a wall or a phone booth.
@zdch@MarkPiselli13 82-0 with Wilt is easy, and 82-0 without Wilt but with stats visible is doable but difficult. 82-0 with no Wilt and no stats preview? That's the holy grail!
@zdch@MarkPiselli13 Still in search of the ethical hoops Wilt-free 82-0 on hard mode with no stats preview. I've gotten to 75 wins but can't max it out just yet.
@zdch I got 60s Wilt, 60s Oscar Robertson, 00s LeBron, and still managed to only go 77-5 because I had to fill the roster out with Antawn Jamison and Rex Chapman. 🤣
@zdch@draecomino It would help if Bernie showed any sense that he cared about, or perhaps was even aware of, how creation happens and what challenges must be surmounted in the process.
Instead, it feels very much like he assumes creation of new wonders is an immutable law of nature.
@alexolegimas And a great waterfront to boot. Nothing quite like eating an early winter morning breakfast in the RenCen and watching the ice flow down the Detroit River. I’ve been proselytizing about the city forever and I’m glad to see others agreeing.
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
"The pet care economy wasn't really a thing in 1800. Now it's a >$100 billion business, made possible by the fact that a richer country moved dollars and workers from corn farms to bespoke poodle manicure spas."
New pod: THE SMARTEST CASE AGAINST THE AI JOBS APOCALYPSE
AI is the first technology that seems to automate the same cognitive sectors that absorbed work during previous waves of automation. For that reason, many people worry that it will destroy tens of millions of jobs imminently.
But after I review the evidence showing that AI is not clearly destroying work today—and might even be stimulating demand for certain tech jobs— I brought on the great @alexolegimas to talk about the best reasons to doubt the doomsday narrative.
We talk about all sorts of economic principles—lump of labor fallacy, income elasticity, Jevon's Paradox—but maybe his most interesting point is about the nature of desire and status.
Desire is insatiable, and technology will never solve for status. Even in a world where AI can automate many tasks, status might go up rather than down or flat. And status motivates a lot of economic activity. So even in a world where AGI is very good at 99% of existing tasks is still a world where people will want to send their money to things that are perceived as "scarce" and "status-enhancing." You can create a lot of jobs on this basis alone.
You could argue that this is how economic transformations have always worked. Our economy is a rough register of human desires. And in a world where artificial intelligence automates some tasks, it might not destroy work so much as it moves dollars and labor toward new desires in new sectors of the economy. The pet care economy wasn't really a thing in 1800. Now it's a >$100 billion business, made possible by the fact that a richer country moved dollars and workers from corn farms to bespoke poodle manicure spas.
It is easy to imagine that AI could automate many tasks and even some jobs. What's harder to imagine is that we'll be permanently stuck in an disequilibrium where people with disposable income aren't trying to satisfy their desires and burnish their status. And in a world where AI is abundant, the question we should be asking about the future of work is: What will be scarce? What will be kind of jobs will be produced as desire and status shift, once again?
https://t.co/UFBRn4sELO
@RichardRubinDC@jtraub2@grok I can see it now...
Chapter 1, SALT puns (108 pages). Chapter 2, jokes about the temperature of 1100 Longworth (6 pages). Chapter 3, fun with acronyms (9 pages). Chapter 4, tax jokes using variations on the word "tax" (8 pages).
@CaseyMattox_ If it's right in the center of the tread and you patched it well, I would drive it and never give it another thought. I've had dozens of patches over the years and not one of them has failed or caused any further problems.
I don’t think this is true.
“…housing is perhaps the only asset or product in the world that ppl largely think (a) prices should only go up and (b) it should be affordable to anybody who needs it.”
Seems to me ppl think that ~all of the prices they pay should be low and ~all of the prices they receive should be high.
@Scholars_Stage The answer to "why are so many people who can't really afford to DoorDash many times a week doing it?" seems simple too. Because so many people who CAN afford it are, and there has always been a phenomenon of those who can't afford it chasing the spending habits of those who can
This feels much simpler than people are making it out to be.
People are richer. Richer people spend more on leisure. Delivered restaurant food is a luxury more people can afford now than used to be the case.
Everything is amazing and no one’s happy, part 92,263,728.
My private theory for what has happened since 2000: mid-range restaurant food has gotten far far tastier since then, meaning that there is a much larger gap between the quality of food people can cook at home \ quality of food they can by *relatively* cheap.
This is true of many cities, but Detroit more than most is a tale of native sons (or those otherwise connected in a deep way) investing untold millions. Dan Gilbert, Mike Ilitch, Roger Penske, Stephen Ross, the Kresges, now Steve Ballmer, etc.
An underappreciated story.
Restructured and better governance was certainly part of Detroit's turnaround but I think even people who are aware that billionaire Dan Gilbert catalyzed much of downtown's success underestimate just how important he has been.
In addition to building a couple dozen new buildings, including the tallest skyscraper built in the Midwest outside of Chicago since 1990, his firm redeveloped:
-Book Tower (38 floors, 346 apartment/hotel rooms)
-David Stott Building (38 floors, 107 apartments)
-Free Press Building (14 floors, 105 apartments)
-First National Building (26 floors, 900k sf office)
-One Woodward Ave (28 floors, 450k sf office)
-1001 Woodward (25 floors, 300k sf office)
-Chrysler House (23 floors, 350k sf office)
-Cadillac Tower (40 floors, not yet complete)
...and almost 100 other historic buildings in and around downtown. They're also now a partner on the plan to demolish half the RenCen to convert it to housing and they own another neighborhood worth of vacant land next to the one they've already built just outside downtown.
No large city has ever been as significantly shaped by a single private citizen as Detroit has been by Dan Gilbert.