Bill Co

Labor economics and politics reply guy

[Bill Co @SpitItOutSpicer]

@dcoxpolls All ages were rising from different lockdown lows, but under 65 recently dropped to ~45% thriving across age groups. Politicization maybe increasingly driving "thriving" (e.g. only Republicans) &/or cohort mixing effect: millennials are 30-45 now but were 12-27 in 2008

[Bill Co @SpitItOutSpicer]

@ramit This was me, but I changed my mindset and spending once I read your book & posts.

Opened spending to limit things we dislike (laundry, meal prep), and increase joy (weekends away, gym & sports). Appreciate what $$ gives us vs guilt of spending it when we didn't "need" to

[Bill Co @SpitItOutSpicer]

@Camp4 Kneesovertoes guy and Lowbackability were life savers for me!

[Bill Co @SpitItOutSpicer]

@awealthofcs Treasuries didn't seem worth buying my whole adult life. My age-based allocation was almost all equity anyway. Now that I'm middle aged I should have more bonds. Are treasuries specifically good buy at this point?

[Bill Co @SpitItOutSpicer]

@conorsen Housing cost (unless you owned pre Covid), home improvement, car, healthcare, college costs all outpaced earnings growth. Now gas. Unemployment low, but we have the omnipresent threat of losing our jobs to AI. You can tell CEOs are salivating to fire folks

[Bill Co @SpitItOutSpicer]

@GergelyOrosz I won't use it bc I don't trust it from a safety/privacy perspective. But it seems like budgeting and advising you on spend could be a nice service included with the personal agent that helps manage costs (e.g. "your savings is less than targeted bc of spend on x")

[Bill Co @SpitItOutSpicer]

@TheStalwart Was always going to push them to apply themselves and excel to the best of their abilities in all their coursework so they can get into the best school and have the most options. If they're math-inclined, it's still worth pursuing math-based reasoning.

[Bill Co @SpitItOutSpicer]

@DKThomp I think there's an increasing likelihood that AI enables or causes * very bad things*. Does it really matter if those things are done fully at AI's autonomy, or AI enables *very bad things* that otherwise weren't possible (e.g. a small org making a supervirus or hacking infra)?

[Bill Co @SpitItOutSpicer]

@ramit I started tipping on to go orders for same reason after reading your book

[Bill Co @SpitItOutSpicer]

@maxtmcc @StatisticUrban @austinjpark This is true for people under 30, and true for 77% of people 30-49!
https://t.co/z60VqtABJT

[Bill Co @SpitItOutSpicer]

@drvolts It's outrageous. It's so bad and should be continuous front page news but I don't think it's getting much sustained attention

[Bill Co @SpitItOutSpicer]

@ramit Unless you have an inheritance or windfall, you are making some serious life tradeoffs by sticking with a job that funds $15k a week in hotel cost alone

[Bill Co @SpitItOutSpicer]

@EricLevitz Employers pay ~80% of health insurance premiums and this isn't captured in median wage. You'd need to incorporate the difference into the costs you need to cover if not working https://t.co/GK7JLGmAZK

[Bill Co @SpitItOutSpicer]

@LinkofSunshine Not surprising from Ken. I remember when he posted names and photos of Feinstein staffers for his bloodthirsty followers to find and harass. https://t.co/eKrqYgenXm

[Bill Co @SpitItOutSpicer]

@KurtSupeCPA You're specifically talking about traditional retirement age, right? $5m at 45 with 2 kids, retirement would very much be about spending I think

[Bill Co @SpitItOutSpicer]

@ramit In which phase of life did you have more fun? Which do you feel more overall satisfaction? Are you doing as many fun things, or does waiting for perfect mean that you have fewer overall experiences? My experiences are nicer now, but idk if they are more fun or rewarding

[Bill Co @SpitItOutSpicer]

@ReubenR80027912 Higher pay for US health care workers shows up in higher health care costs. US "needs" to pay health care workers more to attract talented individuals: college is expensive and capable individuals could earn more in tech/finance/consulting. Lower wages overall in UK.

[Bill Co @SpitItOutSpicer]

@TheStalwart There have also been some large hiccups from shipping AI code, so companies are having human engineers closely oversee it. https://t.co/fRyEM7t9qS

[Bill Co @SpitItOutSpicer]

@ReubenR80027912 Have seen execs just feed technical writeups into GPT instead of trying to read it, saying the original was too difficult, and they like the GPT version (which stripped out all the nuance to the point the GPT version is simply wrong)

[Bill Co @SpitItOutSpicer]

@ImNotOwned It does look lit to me but the cheese on raw burger is pretty gross