Our new paper explores โagentic inequalityโ, the potential disparities in power, opportunity, and outcomes stemming from unequal access to, and capabilities of, AI agents. We examine the dual potential of this technology and outline a research agenda. https://t.co/biX8niDeLa
Today, we at @OpenAI achieved a milestone that many considered years away: gold medal-level performance on the 2025 IMO with a general reasoning LLMโunder the same time limits as humans, without tools. As remarkable as that sounds, itโs even more significant than the headline ๐งต
New data out from the Government today. The UK has the most expensive industrial electricity prices in the world. 4X those in the US and 46% above the IEA median. (1/3)
1/ ๐ New @NBERpubs paper alert! ๐จ ๐๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐๐ด๐ฒ ๐๐ผ ๐๐ต๐ฒ ๐๐ด๐ฒ ๐ผ๐ณ ๐๐: How will Artificial General Intelligence reshape our economic paradigm? Exploring the next big shift in factors of production. #AGIEconomics at https://t.co/6XcNfs355K
Research from Helsinki shows how building more market-rate housing can benefit low and middle-income residents.
Let's break down the "moving chains" and why this matters for housing policy! ๐๏ธ๐ฌ
Immigrants are disproportionately likely to have founded one of Britain's fastest growing businesses.
I recommend this new report from @TenThinkTank which explains how Britain can attract more foreign born job creators.
https://t.co/BrnQ2Q5pGq
This fake โgraphโ shown by a US presidential candidate at every rally is a sad lie about immigration.
The new Administrationโs policies began in February 2021, not March 2020โobviously.
People lie to conceal. So what is this candidateโs lie sweating to conceal? Thread โ>
We are happy to release the first results of a RCT of a US program that provided $1,000/month unconditionally for 3 years to 1,000 individuals in the treatment group, with a group of 2,000 people receiving $50/month serving as the control.
These are sizable transfers. 1/ ๐งต
Internet access unlocks economic and educational opportunities.
Using (free) geospatial data, we can now identify which areas lack internet access at super granular levels.
Here's the breakdown:
1/5 ๐ As ๐๐ ๐ถ๐ป๐๐ฒ๐ด๐ฟ๐ฎ๐๐ฒ๐ ๐ถ๐ป๐๐ผ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ, we're on the brink of ๐๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐๐ฒ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ. What does this mean for financial stability and for the real economy? We explore this future in a new BIS Working Paper:
๐ https://t.co/YtG4wjM630 ๐
Iโm actually very bullish on the UKโs mid-term future:
1. AI: one of the best places in the world to build AI companies + high state capacity in AI relative to peers
2. Science: great uni base, plus bold bets like ARIA
As we push the boundaries of AI, it's critical that we stay ahead of potential risks.
I'm thrilled to announce @GoogleDeepMind's Frontier Safety Framework - our approach to analyzing and mitigating future risks posed by advanced AI models. 1/N https://t.co/amf028ZYaK
A theoretical and empirical guide to the emerging literature on social protection systems in low- and middle-income countries, from Abhijit Banerjee, @rema_nadeem, @ben_olken, and @dianasver https://t.co/WjM901WQSs
After @gamblingondev went on the @CCIdotCity podcast (https://t.co/BmWbqjhUYQ) we commissioned him to write something for us about what philanthropists should do to promote catchup economic growth: https://t.co/h7hFUpGjWu
Excited this is finally out, worth a read!
"a giant cathedral is completely filled with cats. there are cats everywhere you look. a man enters the cathedral and bows before the giant cat king sitting on a throne."
Video generated by Sora.
Great paper on Help to Buy by Carozzi, Hilber, and Yu - but a sorry tale of UK policy
It was obvious the subsidy would be capitalised into house prices, they told the government it would be, and - guess what! - it was capitalised into house prices
https://t.co/sFBrKO6Zkf