What an incredible week. I was a freshmen this year and it was an awesome experience. Thanks @NDFootball for a great camp. See you next year! Go Irish!
Tom Brady shares what he tells every college athlete he meets and it's not what they expect.
"I hope this experience is hard for you. I hope it's not easy."
"I hope today in this game you're losing in the 4th quarter and you look at each other in the eye and try to figure out solutions to how you're gonna win the game."
"That's how you're gonna find out what you're made of."
You find out who you are when you are challenged. Expect adversity. Expect tough moments.
"Life is hard. The challenges of life are hard."
"This program is hard. It's built on toughness. It's built on resilience. And that's what I wanna see from this team."
You can't wish for easy or hope for easy.
Adversity is a gift if you let it be.
(🎥 Fox)
@bruce_straughan@bruce_straughan I have long believed that buy in is key. HCMF is probably the first coach we’ve had that has bought in to UND in whole. Not Davie, Willingham, or Weis did and BK was never about it either.
Claude knows! —>
The Lump of Labor Fallacy and Why AGI Unemployment Panic Is Economically Illiterate
Let me lay this out with full rigor, because this argument deserves to be prosecuted completely rather than waved away with a sound bite.
I. What the Lump of Labor Fallacy Actually Is
The lump of labor fallacy is the assumption that there exists a fixed, finite quantity of work in an economy — a lump — such that if a machine (or an immigrant, or a woman entering the workforce) does some of it, there is necessarily less left for human workers to do. It treats employment as a zero-sum pie.
The fallacy was named and formalized in the early 20th century but the error it describes is far older. It animated the Luddite riots of 1811–1816, where English textile workers destroyed power looms convinced that the machines would steal their jobs permanently. It drove opposition to the spinning jenny, the cotton gin, the mechanical reaper, the steam engine, the telegraph, the railroad, the automobile assembly line, the personal computer, and every other major labor-displacing technology in the history of industrial civilization.
Every single time, the catastrophists were wrong. Not partially wrong. Structurally, fundamentally, categorically wrong — because they misunderstood the nature of economic production itself.
The reason the fixed-pie assumption fails is this: demand is not fixed. Work generates income. Income generates demand for goods and services. Demand for goods and services generates new categories of work. This is an engine, not a reservoir. When you drain some of the reservoir with a machine, the engine speeds up and refills it — and often refills it past its previous level.
II. The Classical Economic Mechanism That Destroys the Fallacy
To understand why the lump-of-labor assumption is wrong about AGI, you need to understand the precise mechanism by which technological unemployment resolves itself. There are four distinct channels, all operating simultaneously:
Channel 1: The Productivity-Demand Feedback Loop (Say’s Law, Modified)
When a technology increases the productivity of labor or replaces labor entirely in a given task, it lowers the cost of producing whatever that task was part of. Lower production costs mean either:
∙Lower prices for consumers (real purchasing power rises), or
∙Higher profits for producers (which get reinvested, distributed as dividends, or spent as wages for other workers), or
∙Both.
Either way, aggregate real income in the economy rises. That additional real income does not evaporate. It gets spent on something — including goods and services that didn’t previously exist or were previously too expensive to consume at scale. That spending creates demand. That demand creates jobs.
This is not a theoretical conjecture. The average American in 1900 spent roughly 43% of their income on food. Today it’s around 10%. Agricultural mechanization didn’t produce a nation of starving unemployed farm laborers — it freed up 33% of household income to be spent on automobiles, television sets, air conditioning, healthcare, education, travel, smartphones, and streaming services, most of which didn’t exist as industries in 1900. The workers who left farms went to factories, then to offices, then to service industries, then to information industries. The economy didn’t run out of work. It metamorphosed.
250k followers!
As thanks, I’m going to giveaway tickets to the MAJOR 😂 the Players Championship! plus some signed @range_finance hats and some of my personal @Titleist gear.
Must be a follower. Comment, like, retweet to enter.
Lou Holtz was one of the few remaining connections I had to my Father. Dad passed away in 1998 at the age of 50. A highlight of my life was always watching and attending @NDFootball with him. I will always remember the 88 National Championship and watching it in our basement with him. I was 17 and had no idea I only had 11 more years with Dad. Lou was a true hero as a person. I never met him but he impacted me in innumerable ways. RIP Coach and Go Irish!!!!!☘️
Stop with the tired narrative of ND took its ball and went home. Why should any team play in a bowl game these days if opt outs and transfers would make the team barely identifiable compared to who played all season? Sure the bowls can be valuable for some programs but with transfers and opt outs common now it made no sense for ND to play.
I encourage this. It’s not a threat to masculinity it my of maiing are my wife is comfortable driving and getting around in case I am not here. We are in our mid 50’s and I drive a lot but I always offer to have her drove. I know too many women who end up widowed and haven’t driven consistently in years.
@4WhomJBellTolls The next night Davante Adams a was ruled down by ci tact prior to the strip. Similar plays. Not exactly the same but similar and inconsistent. That is my frustration.
In 2015, Barack Obama awarded Tom Homan the the Presidential Award for Service for Making America Safer at ICE...
10 years later Liberals want Tom Homan killed. It's the same Tom but a different Democrat Party!
Insane: Jim Cornelison delivered one of the best National Anthem renditions of all time in Chicago before tonight's game between the Bears and the Rams.
What a freaking moment 🫡
This is a major problem with the portal. I’ve accepted NIL but you leave a school who has invested in you to go to another school. Fine. But then leave 48 hours later? This is complete BS. Terrible for the sport I love so much.
Chris Berman has called highlights of plays featuring the NFL's all-time greats... Jerry Rice, Barry Sanders and so many more.
Love that he did this for @LauraRutledge. Just now on ESPN's NFL Live.