Words matter. They especially matter when talking about likelihoods. As it turns out we have different ideas what type of likelihood we link with certain descriptors. Source: https://t.co/jSR2Sdqduj
Ukrainian drone forces "destroyed" Swedish troops during NATO exercises on the island of Gotland.
The Swedish side stopped the training three times and tried to change tactics after realizing that under real battlefield conditions they would already have been killed.
All Western forces need to "learn rapidly" how to perform drone and counter-drone operations, and the "fastest" way is to listen to the Ukrainians, Sweden’s chief of defense, Gen. Michael Claesson, said.
Source: Associated Press
Fukuyama: The U.S. does not now have a Trump doctrine.
Its behavior can best be explained not by a set of principles, but by the personal interests and preoccupations of the president.
Trump's head is full of resentments, anger, anecdotes, and made-up facts. 1/
20 million developers used to be the gatekeepers to software.
Wabi CEO Eugenia Kuyda on who gets to build now:
"The only people who could make software up until last year or so [were] just professional developers... Very few people in the world."
"Even if you have a good idea, go ahead, find an engineer, find a co-founder, find a technical co-founder to build this. But you can't really otherwise build it... It requires a lot."
"But now anyone can."
"This is just wild."
"Before we had to spend months developing that, developing an app and figuring out some illustrations and sounds. Now you just write one prompt and it's there."
@wabi CEO @ekuyda on @solofounders with @julianweisser
With debt high and borrowing costs rising, governments can no longer defer hard fiscal choices. Trust is now essential to reconciling competing priorities, Era Dabla‑Norris and Rodrigo Valdes write in F&D magazine. https://t.co/tY0198rky3
Europe once led the world in productivity but now trails the US by about 20%. The problem is scale: too many companies remain small. More capital, labor, and consumer markets integration can help innovative companies scale up. https://t.co/rbLkMMmZPi
Best and most reflected essay I read on #AI from @DarioAmodei from @AnthropicAI.
Too many makes unreflected statements on risk and benefits of #AI. The potential is enormous and so are the risks. Read the essay by Dario.
https://t.co/gofUxbOKWo
The Fed's latest research paper: Kalshi
"Our results suggest that Kalshi markets provide a high-frequency, continuously updated, distributionally rich benchmark that is valuable to both researchers and policymakers"
The Federal Reserve just put out an incredible paper about Kalshi's data.
"Our results suggest that Kalshi markets provide a high-frequency, continuously updated, distributionally rich benchmark that is valuable to both researchers and policymakers."
https://t.co/cw5GrDFse6
Diversification has become more difficult in recent years. Stocks and bonds increasingly sell off together, weakening a core hedge that investors relied on for decades. This shift raises new risks for investors and financial stability. More in our new blog: https://t.co/xE0eQqQqg5
We are living through a remarkable moment in human history.
Here is my best attempt to make sense of it:
My first-ever paper for @AEI.
https://t.co/Ofh0ce2iWm
NATO: "We are fucked!"
10 Ukrainian soldiers eliminated 2 NATO battalions in a half a day of training.
So, the myth of all-powerful NATO that can stop Russia is no more.
WSJ: NATO forces were horrible and wiped out in a 16,000-troop drill in Estonia. 1/
This one actually made me pause.
Scientists built a robot made of liquid.
Not flexible.
Liquid.
It can split, merge, squeeze through tiny spaces, and then re-form.
When it breaks, it heals itself.
No motors.
No joints.
No rigid body.
I’ve spent years thinking about AI as the brain of machines.
This feels like the first glimpse of something else.
A body that does not have a fixed shape.
Today it’s millimeter-scale.
Tomorrow, it’s medicine moving through the body, or machines exploring places nothing solid can reach.
That thought excites me.
And honestly, it unsettles me too.
So here’s the question.
When machines no longer have a stable form, what does “control” even mean?
#AI #Robotics #SoftRobotics #Innovation #Technology #FutureOfWork
The observed decline in labor’s share of corporate output, in conjunction with relatively weak corporate investment, generates a persistent rise in the ratio of corporate valuation relative to corporate earnings, from Andrew Atkeson, @Jonheathcote, and @fab_perri https://t.co/cNQee1CpqR