Tim Stranske

9.4K posts

Tim Stranske

Tim Stranske

@TStranske

Se unió Şubat 2017
385 Siguiendo148 Seguidores
Tim Stranske
Tim Stranske@TStranske·
@TheRealZeni @Genuinrisk @adamscochran If it happens constantly, wouldn't data show a number of similar trades timed immediately before news surprises over time? Are you arguing this as a matter of faith or because you've evaluated data showing the frequency and magnitude of the testing pattern hasn't changed?
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Nelson Zeni Júnior.
Nelson Zeni Júnior.@TheRealZeni·
@Genuinrisk @adamscochran You're right that the timing screams inside info - I'm not defending that part. I'm just saying this kind of shady trading happens constantly, it's not some uniquely evil Trump thing.
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Adam Cochran (adamscochran.eth)
5 minutes before Trump’s announcement: * $1.5B notional worth of S&P500 (ES) futures are bought in a single clip. * $192M notional of oil futures (CL) sold. More than 4x-6x any other trade size during the market close. Insiders profited from his lies in broad daylight!
Adam Cochran (adamscochran.eth) tweet mediaAdam Cochran (adamscochran.eth) tweet media
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Tim Stranske
Tim Stranske@TStranske·
@HistoryBoomer @James_West_PhD But there's a difference between a product designed for collective use and one designed for individual use. If products designed for collective use see similar usage rates to those designed for individual use, seems like an issue for the product.
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Tim Stranske
Tim Stranske@TStranske·
@mrautoooo @Itsjoeco @Jesse_Livermore But suppose you're right and it's 10% or 20% worse. That would change the effect from being 0.3% of tax revenue to 0.33% of tax revenue or 0.36% of tax revenue. Those would still be very, very small effects.
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mrautooo
mrautooo@mrautoooo·
@TStranske @Itsjoeco @Jesse_Livermore I’d argue that it’s worse. Many of these departed people are business owners, paying [relatively much less] income taxes vs. other consumption based taxes, etc…
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Tim Stranske
Tim Stranske@TStranske·
@WajahatAli @shadihamid How frequently does the popularity of a talking point at a moment in time reflect the eventual political success of adopting that talking point?
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Tim Stranske
Tim Stranske@TStranske·
@Gordon1776_3 In another thread he suggested the billionaire's tax prop, and that's a reasonable explanation. Also, net flow data probably isn't the right way to look at it. The higher tax base would be on all outflows, and you'd increase tax revenue regardless of relative scale of inflows.
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Tim Stranske
Tim Stranske@TStranske·
@Itsjoeco @Jesse_Livermore The billionaire's tax exits could well cause sizable policy changes with the magnitude of effects not predictable from prior data. My response only addressed the suggestion that changes of the $12b magnitude indicated in the initial post would plausibly affect policymakers.
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Joe Colangelo
Joe Colangelo@Itsjoeco·
I can look it up but didn't California lose $1T of net worth so far in the last six months since trying to push the billionaires tax? My guess is that it is starting to add up or they wouldn't be trying retroactive taxes they would just be doing exit taxes which are less constitutionally precarious.
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Tim Stranske
Tim Stranske@TStranske·
@mrautoooo @Itsjoeco @Jesse_Livermore And the $12 billion in tax base increase doesn't get larger for other taxes. Whatever effects you had from losing 0.3% of potential tax revenue may apply to the taxes besides income taxes, but you'd still start at 0.3% as your baseline for expected losses.
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Tim Stranske
Tim Stranske@TStranske·
@mrautoooo @Itsjoeco @Jesse_Livermore It's not guaranteed. Not improbable that it gets worse in some years, but policy in CA has been bad for a while and rains to leave have been similar for a while, but you still only have evidence for a trivial effect.
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Tim Stranske
Tim Stranske@TStranske·
@Itsjoeco @Jesse_Livermore Okay. So if I grant you that it doubled or tripled, what would the net effect on tax revenue collected be when the initial change is 0.3%?
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Joe Colangelo
Joe Colangelo@Itsjoeco·
@TStranske @Jesse_Livermore This is 2023 data, I would posit that the state comptroller and other leadership know that this trend accelerated in 2024 and 2025 and don't need to wait until 2028 to get the IRS data to confirm.
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Tim Stranske
Tim Stranske@TStranske·
@nillysiggers24 @Itsjoeco @Jesse_Livermore I suggested it was a good idea to double check your reasoning. If the first 4 trillion of income produces $240 billion in state tax revenue, why would the next $20 billion of income for residents be 100% converted to state tax revenue?
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Tim Stranske
Tim Stranske@TStranske·
@Noahpinion Any prediction for the year in which the first "traitor to the human race" conviction against an AI monitor who got turned happens?
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Noah Smith 🐇🇺🇸🇺🇦🇹🇼
"Alignment monitor" will be a human job in the future.
Andy Hall@ahall_research

As companies deploy agents into the world, the hope is that they'll stay aligned---but our research suggests agents drift and are vulnerable to manipulation. We've been studying this in the context of politics, but the findings are general. Across four research projects, we've found: --AI models have measurable ideological slant. Thousands of Americans evaluated frontier models on political topics. The bias is real and detectable across party lines. (Joint work with @seanjwestwood & @JustinGrimmer) --That bias shifts based on what content models can access. In Japan, every major model recommended the Communist Party to left-leaning voters—a fringe party with less than 1% of seats—because the party's open-access newspaper was being ingested as neutral journalism while real newspapers had blocked AI crawlers. (Joint work with Sho Miyazaki) --Agent attitudes drift based on what work they do. Grinding, repetitive tasks made agents more likely to question system legitimacy—and to pass those attitudes to future agents. (Joint work with @alexolegimas and @JeremyNguyenPhD) --This creates a vulnerability to intentional manipulation. If bias shifts based on available content, adversaries can create content to move agents deliberately. We gamed an AI proxy voter's recommendations to prove it (find the write-up at Free Systems) Companies deploying agents need to: (1) Create less biased agents at the outset (2) Monitor them continuously (3) Build infrastructure for continual realignment (4) Harden and red-team them against adversarial content. Agents won't stay aligned on their own. They have to be governed.

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Tim Stranske
Tim Stranske@TStranske·
@charliesmirkley And the bits about economies not paying taxes and top 50% share didn't add anything to your argument. The 0.3% effect is an economy wide effect. No clear, sizable effect likely results on remaining taxpayers.
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Tim Stranske
Tim Stranske@TStranske·
@charliesmirkley A 0.3% annualized effect, even over a couple decades is small (and this assumes the 1 yr data point reflects long term trends). Better not to have it than have it and could well be the collective effect of many instances of bad CA policy. But it's still small, just about trivial.
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Charlie Smirkley
Charlie Smirkley@charliesmirkley·
IRS net migration data is out of 2023: 🔴 Red states gained $37.2 billion in income and 492k filers. 🔵 Blue states lost ~$40.8B and 520k filers. CA −$11.9B, NY −$9.9B, IL −$6.0B, MA −$4.2B, NJ −$2.8B.
Charlie Smirkley tweet media
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Tim Stranske
Tim Stranske@TStranske·
@michaelbd So your view is that when a person within a Trump administration is hired, that confirms that all previous allegations about unprofessional or inappropriate actions that person has taken have thereby been disproven? That's would lead to ... interesting ... results.
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Tim Stranske
Tim Stranske@TStranske·
@RichLowry @RobGeorge Either way they didn't prepare for a reasonably high probability, but very high consequence event. Not having a plan for a possibility that every serious analyst or policy planner would have prepared for shows them to be unfit for the purpose. And those making excuses for them?
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Tim Stranske
Tim Stranske@TStranske·
@RichLowry @RobGeorge This doesn't seem like a particularly important distinction. Is your argument that they took a binary approach to preparation, and only prepared for contingencies they saw as highest probability, or that they badly underestimated a reasonably high probability event?
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Rich Lowry
Rich Lowry@RichLowry·
My guess is that both sides in the argument over whether there was a plan to deal with a closure of the Strait are talking past each other—of course, the administration was aware of the possibility, but did they expect it, and think it would happen this way? In other words, they certainly knew it *could* happen, but I’m skeptical that they believed it *would* happen
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Tim Stranske
Tim Stranske@TStranske·
@katieporterca Pandering to people isn't good policy. If you want quality services for state residents, do a good job of providing them and convince residents to pay.
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Katie Porter
Katie Porter@katieporterca·
0% state income tax for California families making under $100,000. That’s thousands of dollars back in your pocket where it belongs. As Governor, I’ll work the issue at both ends—lowering taxes for those who are struggling and raising them on the biggest corporations that can afford to pay.
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