twoodfin

8 ms·

181.
by twoodfin 5mo ago
All true. It does seem like the structural characteristics we’ve observed so far suggest there is a kind of flywheel from short-term to long-term advantage due to the capital requirements at various levels. If you’re Nvidia, making the best
182.
by twoodfin 5mo ago
Many universal public systems (not all, see: Canada) effectively allow this through private plans and private providers that supplement the government benefits, often notably for speedier diagnostics and treatment.
183.
by twoodfin 5mo ago
Sorry, which measure most directly captures patient inconvenience & suffering due to wait times?
184.
by twoodfin 5mo ago
There’s not (typically) a regular measure of how much pain and disability a patient suffers while waiting for a hip replacement. It certainly would only show up in mortality statistics massively attenuated.
185.
by twoodfin 5mo ago
The engineers he’s addressing are likely making at least 2X that in total comp, some much more.
186.
by twoodfin 5mo ago
The original Fortune piece was February 2025, apparently. I have a hard time getting worked up about this. This is a team where the median engineer is probably approaching 7-figures total comp, working on a strategic project comparable to
187.
Possible meteor/bolide atmospheric entry east of Boston(twitter.com)
3 points by twoodfin 5mo ago|0 comments
188.
by twoodfin 5mo ago
Facebook (Meta) mostly “makes” ad space. So in that case, they’re making more / better ad space for the same inputs. Online advertising is a competitive business, so that means more bang for the buck for Facebook’s advertisers. Now tho
189.
by twoodfin 5mo ago
So we have a bunch of billionaires sitting around, surveying a world where a much smaller amount of labor will produce a much larger amount of output, and they collectively decide not to hire that labor or spend capital on the technology t
190.
by twoodfin 5mo ago
Employment rates are weird bags of demographics and culture (think women’s rate of workforce participation) as well as economics, so I’m not sure how you extract that particular signal. 70 years to restore income levels across any strata is
191.
by twoodfin 5mo ago
Inheriting that farm from Dad was not “vital” to their livelihoods.
192.
by twoodfin 5mo ago
I think that’s exactly right: MCP provides a capability security model for agents.
193.
by twoodfin 5mo ago
We were talking about infrastructure costs under increasing labor productivity. Now what are we talking about? If the premise is that AI won’t improve productivity in industries like healthcare, education, and housing construction, then why
194.
by twoodfin 5mo ago
Healthcare, housing, education all have gone up despite increased productivity. The hypothesis of Baumol’s Cost Disease is that these industries are exactly where we should expect prices to rise because they’re still dependent on low-pr
195.
by twoodfin 5mo ago
In every agricultural->industrial transition I’m aware of, the kids are desperate to get out of farming and into the higher paying, less arduous industrial jobs.
196.
by twoodfin 5mo ago
Carl Benedikt Frey at Oxford has documented that the Industrial Revolution took seventy years before wages and employment recovered for the workers it displaced. I can’t imagine what claim this sentence is intending to describe. Obviously
197.
by twoodfin 5mo ago
The argument isn’t that AI brings the labor cost down to 0 in isolation. It brings the labor cost of the same amount of production down. So you get more production (more things = more supply -> lower prices) out of less labor.
198.
by twoodfin 5mo ago
In a world where it’s dramatically cheaper to build infrastructure like roads, power, and plumbing, lots more land becomes desirable as a place to live. Take Phoenix, for example, once air conditioning became cheap and pervasive.
199.
by twoodfin 5mo ago
Given what we learn about Flynn, the will was in fact found by the only person he cared to find it.
200.
by twoodfin 5mo ago
Welcome to the memetic discourse! Something like 20 years on we’re still hearing that “most” bankruptcies are caused by medical bills, even though that study (authored in part by Elizabeth Warren of all things!) was methodological nonsense.
201.
by twoodfin 5mo ago
This is the key: Drivers now have the Commonwealth of Massachusetts arbitrating any dispute over their collective demands. Everyone knows how this is going to turn out.
202.
by twoodfin 5mo ago
https://chicagounbound.uchicago.edu/jle/vol59/iss1/8/ Banning payday loans tends to shift borrowers to worse forms of credit. One imagines worsening the economics of ride share jobs will do the same.
203.
by twoodfin 5mo ago
Various reasons necessarily include the successful business model of the ride share companies.
204.
by twoodfin 5mo ago
The reason for this is that the incumbent manufacturers understand clearly that the electric versions would completely eclipse the ICE models and their existing investments in design and tooling would rapidly diminish. The Ford F-150 Ligh
205.
by twoodfin 5mo ago
AI tends to amplify the power of those who already possess economic resources, expertise and access to data I’d bet the other way: You could have said exactly the same thing about computing 60 years ago, when IBM systems cost millions o
206.
by twoodfin 5mo ago
,
207.
by twoodfin 5mo ago
That piece is an insightful pairing with season 2 of HBO’s “The Rehearsal”.
208.
by twoodfin 5mo ago
A 98-page PDF on language design for distributed objects in a capability security model? Made my day, thanks!
209.
by twoodfin 5mo ago
For those like me who prefer a PDF: https://www.dyalog.com/uploads/documents/MasteringDyalogAPL....
210.
by twoodfin 5mo ago
Scheme was invented as a consequence of Sussman & Steele’s discovery that lexical closures in the lambda calculus had essentially an identical implementation to a fully elaborated version of Hewitt’s actor model. I do wonder what a lan

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