Fausto Gernone

@flowersslop It looks like it made a mistake on second 10 or 11. I wonder why

auto snake in chatgpt with the new interactive code blocks

@flowersslop Bluesky?

I’m mostly done with X tbh. Like 90% of it is just negativity, the topic doesn’t even matter anymore. Even AI/tpot is mostly complaining, models, lawsuits, bitch moves, conspiracies. Same shit, different label. Maybe I was terminally online to escape real life, now I’m going almost terminally offline to escape the bad news, engagement bait, insults, fake news, and a this society that falls apart and it is so much more beautiful to not have all that

Rethinking Economic Power in the Digital Age 🍿🍿🍿 youtu.be/AtZwVjO1TBY?... @faustogernone.bsky.social @ceciliarikap.bsky.social @mazzucatom.bsky.social @tomvalletti.bsky.social - A progressive EconOlympus

🎤 Rethinking Economic Power in the Digital Age Join us for the latest @IIPP_UCL #PhDInConversation event, featuring PhD Candidate @FaustoGernone in conversation with Professors @MazzucatoM, @CeciliaRikap, & @TomValletti. 🔗 Learn more and register here: buff.ly/qMoft7U

🤖 AI Should Help Fund Creative Labour @IIPP_UCL Director @MazzucatoM and PhD Candidate @FaustoGernone propose a levy on AI firms’ revenues to help fund the arts, promote open access, and maintain human ingenuity & creativity. ✍️ Read their article here: buff.ly/mAptBLB

"An Econ Nobel prize for econ history is really well-deserved. No, we wouldn't give tenure to someone with that kind of background in our econ department, but the prize is truly well-deserved."

I said that this year’s Nobel Prize in Economics is a farce. Some people are reacting strongly to my loaded statement. I understand. I want to be clear that my statement is not intended as a direct critique of the three scholars who received the prize. But I hope people understand this: when a Nobel Prize in Economics is awarded to three people for "having explained innovation-driven economic growth" without including a single pioneering economist in innovation studies, that calls for a strong and pointed statement. It’s important to push the needle in a certain direction — namely, toward the prize committee broadening its knowledge and expanding the pool of economists it considers for the prize.

Having had Philippe Aghion as a professor, I admired his quick thinking but was surprised by his refusal to question economics’ reliance on ideas like consumer rationality or general equilibrium (and I did try!)

✍️ Coordination and Power A new paper by @IIPP_UCL PhD Candidate @FaustoGernone reframes production as an information-processing endeavour & was awarded the Herbert Simon Prize by the European Association for Evolutionary Political Economy. 🔗 Read more: buff.ly/dH5D65U

Sooo excited that my paper Coordination and Power has been awarded the 2025 Herbert Simon Prize by the European Association for Evolutionary Political Economy (EAEPE)! 😁 Read it here: buff.ly/G9yCRDh

Should economists read papers from other disciplines? Should economists read history of economic thought? Should economists read papers written more than five years ago? Should economists read?

@Noahpinion @elonmusk Or accept Coolidge effect & institutionalise polygamy

The one invention that would heal the world is a Reverse Coolidge Effect Pill. @elonmusk please fund this

🤖 AI Should Help Fund Creative Labour @IIPP_UCL Director @MazzucatoM and PhD Candidate @FaustoGernone propose a levy on AI firms’ revenues to help fund the arts, promote open access, and maintain human ingenuity & creativity. ✍️ Read their article here: buff.ly/VCR8pc2

Always a pleasure to talk to @parismarx and this was no exception. This time, why and what it means to expand #digitalar #sovereignty for people and the planet, what different governments are doing and why it is not enough

We still fail to grasp the dire, long term consequences of losing this platform to rightwing fanatics.

@sama here’s how we make singularity more gentle

Cultural production has already become a planetary co-operative and aligning its funding mechanism accordingly is necessary. We can reach that alignment the smart way or the hard way, but reach it we will. Read our proposal. @MazzucatoM @ProSyn project-syndicate.org/onpoint/how-ai…

Ha-Joon Chang in today's FT: "Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned."

@GaryMarcus @flowersslop It would be nice to turn this exchange into a proper debate. This is important stuff

@flowersslop That sounds a lot like a dystopia to me, halfway between 1984 and Brave New World. the UBI will be meager.

what is your p(dystopia)?

@MortenStostad I think what you’re calling democratic agreement is what Sam Altman meant by collective alignment, no?

More generally, I think the AI guys are missing that a key constraint on modern societies is not capacity, but democratic agreement. We can make skyscrapers everywhere, but should we? This is why China can build so much; there is no democratic problem.

A jarring note in Altman’s essay. As social choice theory spells out, deciding what we collectively want is an impossible problem. Who decides? Put another way - social media algorithms are aligned, but only to their owners. The idea that we can get alignment for all is strange.