@radjathaher Fak 🤣 As a former marketing consultant, this tweet humbled me. I still have so much to learn. Your fluency with numbers is better than 90% of the people I've worked with.
We study the impact of e-money on cash demand in Indonesia. E-money adoption is associated with lower cash demand. Moreover, the effect is heterogeneous across regions and denominations.
Happy reading!
https://t.co/N0S0kdLkA0
Causal inference is all the rage.
But good descriptive research is vital.
This new article lays out an argument for what makes good descriptive research.
The interest in Tuesday’s post on industrial policy made me think this was a good time to share my (just updated) slide deck on 🇨🇳 China’s economic history over the last century:
https://t.co/bDbZ4nwvMc
It’s a long deck. To teach it properly, I’d need ~9 hours of class time. Since many slides include Chinese-language posters, some context may be lost without an oral presentation.
When I teach it to @penneconomics undergrads, I trim and adapt it. Most core ideas can be covered in ~4 hours.
This is a topic I care deeply about (some of the events in the deck still shape my daily life).
Thoughts and comments are most welcome.
New paper:
"What Does Consulting Do?"
w/ Gert Bijnens, @simon_jaeger
Consulting is a storied but opaque industry.
Our VAT-based B2B data permit the 1st comprehensive study:
Which firms buy consulting?
What happens when they do?
https://t.co/o0znxOUz7O
https://t.co/wVFNyRv8cp
A gentle reminder that if you want to speed up expertise intuition, you will do a lot better if you have an actual mental model of what expert intuition *is*.
The most useful model is the one below:
It gives you more handles on how to improve.
Here's my conversation with @sundarpichai, CEO of Google and Alphabet.
I've gotten to know Sundar over the past 2 years. His life story and approach to leadership are truly inspiring. So this conversation was a pleasure and honor for me 🙏
We're living through the most exciting period of technological innovation in human history. And Google & Alphabet are at the center of it. This chat made me even more excited for the future!
Oh, and they just now released a new model (gemini-2.5-pro-preview-06-05) that's the new state of the art at #1 on lmarena 🤯
Full conversation is here on X and is up everywhere else (see comment).
Timestamps:
0:00 - Episode highlight
2:08 - Introduction
2:18 - Growing up in India
8:27 - Advice for young people
10:09 - Styles of leadership
14:29 - Impact of AI in human history
26:39 - Veo 3 and future of video
34:24 - Scaling laws
38:09 - AGI and ASI
44:33 - P(doom)
51:24 - Toughest leadership decisions
1:02:32 - AI mode vs Google Search
1:15:22 - Google Chrome
1:30:52 - Programming
1:37:37 - Android
1:42:49 - Questions for AGI
1:48:05 - Future of humanity
1:51:26 - Demo: Google Beam
1:59:09 - Demo: Google XR Glasses
2:01:54 - Biggest invention in human history
It's interesting to see Korean companies now viewing Indonesian IP as a growth strategy, Implying the huge opportunities for Indonesian artists and aspiring creators. Exciting!
South Korean production company behind Oscar-winning film ‘Parasite,’ Barunson E&A, has secured the rights to the international remakes of ‘Agak Laen,’ its sequel, and ‘Tinggal Meninggal,’ Variety reports.
@stockmapping Uang adalah tools untuk memiliki kebebasan atas waktu, kehilangan uang berarti kehilangan porsi atas kebebasan waktu dimiliki
Dampaknya besar, karena kehilangan uang untuk gua bukan hanya kehilangan kebebasan untuk diri sendiri, tapi beberapa anggota keluarga yang bergantung