Reza Vishkai

[Paul Johnson @PJTheEconomist]

Martin Wolf: “Labour does not believe incentives really matter. They do. Labour does not believe that higher spending means higher taxes. It does. Burnham himself seems to think that government intervention will easily accelerate growth. It will not” https://t.co/w1J2xnL3ts

[Matthew E. Kahn @mattkahn1966]

It was a remarkable and painful experience for me. I turn 60 tomorrow and as I think back; this was the low point of my career. Our paper is very good. It wasn't perfect but it didn't deserve the death penalty. My perspective is presented here;
https://t.co/XUSXUlF7z5

[Greg Ip @greg_ip]

In this economy, capital is triumphant, labor treads water. Big tech companies are worth more and use less labor than market leaders a generation ago, driving down labor's share of output. AI will intensify this trend. My latest: https://t.co/F4xNpGGWAQ

[J.K. Rowling @jk_rowling]

My deepest condolences to all who loved him.
Rest in peace, Sina Ashgbousi 🇮🇷🐍⚡️

[Dr Kylie Moore-Gilbert @KMooreGilbert]

The @nytimes has compiled an incredibly detailed and comprehensive account of the massacre committed in Iran, by direct order of Supreme Leader Khamenei. It was so graphic and so harrowing that I was unable to read to the end. If you know someone downplaying what happened or peddling conspiracies please show them this. @farnazfassihi
https://t.co/K7C09yPMOL

[Reza Younesi رضا يونسى @RezaYounesi]

"I helped draft the indictment for the Srebrenica genocide in which some 8,000 Bosnian Muslims were massacred during July of 1995. By comparison, at least twice that number has been killed in Iran in half the time. This is an extermination. And unlike Bosnia, there is no war between military forces. There is only a war by the Islamic Republic against unarmed youth crying for a better future.", says Dr. Payam Akhavan, former Special Advisor on Genocide to the Prosecutor of the International Criminal Court, addressing the @UN_HRC on the situation of human rights in Iran. #IranMassacre

[Dylan Patel @dylan522p]

Since peoole had trouble understanding the report, we've decided to make a major change.
We will no longer drop 10k word nuanced pieces that describe what's happening in AI from models to datacenters to silicon.
Instead we will do infographics even the buy side can understand.

[Dr. Jeffrey Lewis @ArmsControlWonk]

@dex_eve What we said is that the way to close the loophole for nuclear weapons was for the US to interpret “necessity” to mean no conventional alternative was feasible. It was “conventional preference.”

[Project Syndicate @ProSyn]

.@realDonaldTrump’s “reciprocal” tariffs are the product of bad accounting and the misconception that large trade deficits are a sign of economic decline and foreign exploitation, writes @Kennedy_School’s @ricardo_hausman. https://t.co/ViVyRL0xQn

[Reza Vishkai @RVishkai]

@AlanMCole ��

[Dow @mark_dow]

Market update:

[Chris Giles @ChrisGiles_]

On a day when we’ve lost our sense of proportion on UK economic matters…

I will recommend this 2018 column with some harsh facts about the UK economy

Including the statistic that at the time the value added of Harrods was greater than fishing https://t.co/BVKpBpuBrT

[Michael Pettis @michaelxpettis]

1/2
In my most recent piece for China Reform Imperative, I discuss how a contraction in China's trade surplus driven by an acceleration in global trade tensions would force an adjustment in the Chinese economy.
https://t.co/5yD3GRDLUe

[Dario Perkins @darioperkins]

NEW BLOG: Are central banks geniuses for getting inflation back down, or did they get lucky? And is their luck about to run out...?
No paywall. Again please share because it helps me convince @TS_Lombard I should be putting this stuff out for free on here
https://t.co/fZwRCzaATX

[Gary Parrish @GaryParrishCBS]

Alex Rodriguez asked a question. Reggie Jackson answered it.

(Shouts to the producer and rest of the desk for staying out of Reggie’s way and just letting him talk. I doubt they expected this answer. But it’s a great few minutes of television.)

[Yann LeCun @ylecun]

My opinion of @elonmusk
I like his cars (I own a 2015 S, and 2023 S), his rockets, his solar energy systems, and his satellite communication system.
I also like his positions on open source and patents.

But I very much disagree with him on a number of issues.

I disagree with how he treats his scientists.
Technology/product development may not need openness and publications to advance, but forward-looking *research* sure does, whether it's in AI, neural interfaces, material science, or whatever.
Secrecy hampers progress and discourages talents from joining the effort.

I also disagree with the hype. I mean, expressing an ambitious vision for the future is great.
But telling the public blatantly false prediction ("AGI next year", "1 million robotaxis by 2020", "AGI will kill us all, let'spause",...) is very counterproductive (also illegal in some cases).

More importantly, I think his public positions on many political issues, journalism, the media and the press, and academia, are not just wrong but dangerous for democracy, civilization, and human wellfare.
Say what you want about "traditional media" but you can't really have reliable information without professional journalists working for a free and diverse press. Democracy can't exist without it, which is why only authoritarian ennemies of democracy rail against the media.

Finally he doesn't seem to hesitate to disseminate batshit-crazy conspiracy theories as long as they serve his interests (e.g. boosting "PizzaGate", "illegal immigrants corrupt elections in the US", "person X is a pedo",...).
One would expect a technological visionary to be a rationalist. Rationalism doesn't work without Truth.

This has become particularly concerning since he bought himself a platform to disseminate his dangerous political opinions, conspiracy theories, and hype.
He has been quite naïve about the difficulties of running a social network and the (legal) necessity of doing content moderation. One can claim to be a 1st Amendment absolutist, but a lot of content *must* be taken down by law, e.g. terrorist propaganda, child exploitation, blatant hate speech (in the EU and other regions).
Then, there is dangerous disinformation that puts public health in danger or corrupts the democratic process. You have to moderate that too.
Content moderation is a complicated problem whose best answer is not an attitude of total laissez-faire but a complex trade-off.

[Adam Tooze @adam_tooze]

Confused & dismayed about what is going on at Columbia? If you read just two things make it these
Blistering and brilliant editorial by @ColumbiaSpec
https://t.co/Ym3pPBHPiS
On norm breaking by the admin by Prof David Pozen (Law)
https://t.co/XhmHmpyNpt

[Dean Baker @DeanBaker13]

Economics is not like baseball, track records don't matter. If they played baseball the same way, they would bring in the relief pitcher, who had been consistently shellacked, to protect a 1-run lead in the bottom of the 9th

[Krishna Memani @kkmaway]

I have heard this many many times over the last 35 years...and except for brief periods here and there (quickly reversed), it hasn't really worked. If uncomfortable, best "hedge", if you can call it that at all, is to reduce US equity exposure...
https://t.co/yz5TS7L6Px via @markets

[Omair Sharif @fcastofthemonth]

The WSJ editorial about "shrinkflation" suggests that the CPI doesn't measure it. A quick search would have turned up an article that states how the CPI accounts for this issue. Anyway, there are a couple of other points in the article worth addressing.🧵
https://t.co/tav53YruRm