Microfinance won a Nobel Peace Prize (Yunus, 2006). Was it a mistake? A rigorous RCT from Hyderabad found almost no effect — zero on consumption, income, health, education, women's empowerment. Only 27% even borrowed. Banerjee, Duflo, @rglenner & @cynthia_kinnan (2015).
@jacksage_@jbmillen Thank you for such an awesome analysis. This means CLARITY act is coming sooner according to you? I think everybody is making their voices heard so that more negotiations can be done and get a better deal
@pitdesi@RoKhanna@NickPinkston Forced replacement is a problem and especially if you are managing the balance of innovation and human capital growth- you need some revenues to manage how human capital behaves/ engages them in jobs- we need to find a balance till the transition becomes natural
@pitdesi@RoKhanna@NickPinkston As you said, humans will ultimately find a different job- but we should provide time and space to accommodate that transition to happen. Otherwise it leads to consequences and unrest in the society. When the supervisory drivers find a new job and move on - that is ideal
@pitdesi@RoKhanna@NickPinkston Ro is correct. I appreciate what you say Sheel- when AI innovations are thought through, the business model involves savings from reducing costs - which is a problem for the human capital. Contd
@SuperBitcoinBro Bro. I am believing the same and watching it closely. $COIN ripped the same way last time. Intact $GOOGL did it 3-4 weeks after faking out. BTC upper BB not coming down IN daily even after such moves towards the lower part - may be there is volume that keeping the upper BB