I’ve hesitated to say this at the risk of sounding hyperbolic, but with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economist. Economic growth is rip-roaring, with real GDP up 3% over the past year. Unemployment is low at near 4%, consistent with full employment. Inflation is fast closing in on Fed’s 2% target - grocery prices, rents and gas prices are flat to down over the past more than a year. Households’ financial obligations are light, and set to get lighter with the Fed cutting rates. House prices have never been higher, and most homeowners have more equity in their homes than ever. Corporate profits are robust, and the stock market is hitting a record high on a seemingly daily basis. Of course there are blemishes, as lower-income households are struggling financially, there is a severe shortage of affordable homes, and the government is running large budget deficits. And things could change quickly. There are plenty of threats. But in my time as an economist, the economy has rarely looked better.
Some facts about illegal migrants entering in the US, for those of us still interested in facts and still on X (how many of us are left?)
The surge in recent years wasn't due to "open borders" policies, but to upheavals in Venezuela, Guatemala, and Cuba, and to the fact that lots of people waited until the end of Covid to attempt to migrate, explaining the low numbers in 2020/2021 and the higher numbers in 2022/2023, which have come down since.
15,000 illegal migrants were convicted felons, but for almost 10,000 of those, the felony was .... entering a country illegally, and for 2500, it was DUI.
https://t.co/rwSIZnYGwY
Search engines used to be regarded as "AI" not long ago. It wouldn't be surprising if interpolative databases (foundation models) stop being regarded as AI in the future, too. They're more a static data structure -- an embedded dataset -- than a cognitively capable agent.
I haven’t seen a similar survey wrt medicine/healthcare but my instinct is it would basically be the same. Maybe just an Overton window but I don’t see the public accepting AI as a substitute for professionals for a while.
For all soon to be new interns/residents:
Do not make fun of other healthcare professionals/belittle them on social media or in real life. If they ask you a question, assume good intentions and answer kindly. It’s not a challenge to your knowledge/authority
Me: orders vancomycin for patient
Phone rings - Pharmacy: “Do you really want X dose for this patient?”
Me: “Absolutely not, I have no idea how to dose this medication, please change it to whatever you think is correct”
@ben_cloyd @AlanHawxbyMD Yeah local anesthetic pKa’s or how structural motifs effect steric hindrance/lipid solubility etc is what came to mind first. I feel like a lot of premed basic science is used for explaining why something works and less for clinical decision making.
@VipsMDMEd I’ve tried to normalize for myself just asking. The appearance of an making an effort is better received than faking it. People will remember how you make them feel and usually forget the words you say.