Thomas_l_s

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Thomas_l_s

Thomas_l_s

@Thomas_l_s

Husband, Father. Small L libertarian. Former Californian, Converted Kentuckyan.

Katılım Haziran 2008
143 Takip Edilen146 Takipçiler
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Emma Camp
Emma Camp@emmma_camp_·
What can a vintage refrigerator tell us about capitalism? Quite a lot, actually! Find out more in my latest for @WSJFreeEx
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Richard Hanania
Richard Hanania@RichardHanania·
What he’s complaining about here is two pictures where film looks better than taking it with an iPhone. To the socialist, convenience and cost don’t exist. So film is better in an absolute sense, which means everyone should carry around a movie studio instead of a phone.
Seth Harp@sethharpesq

Technology is making the world worse. Nothing good has been invented in the last 25 years. Superfluous, spurious innovations that seem impressive at first, like the iPhone, take back more than they give and ultimately benefit only oppressive governments and their oligarch allies.

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SanchoPanzy
SanchoPanzy@SanchoPanzy·
@daveweigel Why has the general idea of corporate personhood become so controversial? It’s been recognized in US law since the Marshall court. And the very first section of US statutory code even defines it.
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roon
roon@tszzl·
i don't think ai companies are under any obligation to not dedicate its chips to the highest revenue per watt application, and there are strong arguments to be made that that's the most pro-social thing to do
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Arin Dube
Arin Dube@arindube·
The impact of AI on jobs is uncertain. What is certain: assessment of job-creation/destruction by tech company CEOs should be heavily discounted, or ignored altogether. Tech CEOs have no insights in labor economics, and have bad incentives on this issue.
Sam Altman@sama

so far at least, i'm pretty sure AI has been net job-creating. this was not what i expected--although i was much less pessimistic than others, i thought by this level of capability we'd have seen some impact. it is possible this direction keeps going!

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Phil Magness
Phil Magness@PhilWMagness·
Reminder: Karl Marx's lifestyle was directly subsidized by the proceeds of American slavery, which made Engels rich from his family's cotton textile mill.
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Amit Segal
Amit Segal@AmitSegal·
Israel had a problem, and Germany had a solution. Israel needs more manufacturing capacity for Iron Dome components. Volkswagen, having failed to establish itself as a leader in electric vehicles and bleeding market share to Chinese imports, has capacity to spare. So the two problems found each other: Volkswagen’s management board green-lit converting a production line to defense manufacturing under a deal with Israel’s Rafael, saving thousands of German jobs in the process. A win-win. Until the Qataris intervened and sank the deal. Why do the Qataris have a say in what German factories build? Because, according to Bild, the Qatari sovereign wealth fund holds 10.4 percent of Volkswagen’s shares and 17 percent of its voting rights—and it vetoed the deal for one reason: the company slated to manufacture at the plant is Israeli. Qatar spent years funding Israel’s enemies and is now spending its equity blocking Israel from intercepting the missiles it paid for. Volkswagen confirmed that its Qatari shareholders vetoed the cooperation at the Osnabrück plant but said it would keep seeking partnerships to save the site. Good luck to the 2,300 workers employed there—all facing layoffs by the end of 2027. The Qataris had help, of course. Peace activists and opposition parties had criticized the conversion from the start, insisting Volkswagen manufacture only for the civilian market—never mind that everyone in Germany has understood for over a year that tens of thousands of jobs are gone without exactly this kind of reform. The protests intensified once the partner turned out to be Israeli, with radical left-wing activists, backed by the Left Party, declaring it “a deal that the German public cannot accept” given Netanyahu’s military activity across the Middle East. And this is not just about Volkswagen. According to Bild, the $4.2 billion deal for German shipping giant Hapag-Lloyd to acquire Israel’s Zim is also apparently collapsing—and here too, senior Israeli sources point to Gulf money inside the German corporation: the Qatari sovereign wealth fund holds 12.3 percent of Hapag-Lloyd, the Saudi fund another 10.2 percent. Nor is the creeping problem exclusive to Germany. As FDD’s Natalie Ecanow has documented, the state of 330,000 citizens, half the size of New Jersey, has invested some 400 billion dollars in the United States—roughly 1.2 million dollars per Qatari citizen. From defense and energy to basic infrastructure and manufacturing, the Qatari octopus has slipped its tentacles into countless sectors of the U.S. economy. As the Volkswagen case demonstrates, these investments can pay more than one kind of dividend.
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Matthew Yglesias
Matthew Yglesias@mattyglesias·
Postliberals will really be like “you believe in GDP growth? that pales in comparison to my strategy, robust communities with real human flourishing” and then not create robust communities but everyone gets poorer thanks to bad economic policy.
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Byrne Hobart
Byrne Hobart@ByrneHobart·
As Andrei Fastolokov of People's Natural Gas Prop Trading once explained, booking a purely accounting gain from existing changes in assets and liabilities in order to hit your numbers for some arbitrary financial period is the purest expression of Marxist-Leninism.
Jacobin@jacobin

"Socialists not only understand economics just as well as capitalists... but can solve their years of mismanagement through an embrace of our principles." — @ZohranKMamdani

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AG
AG@AGHamilton29·
It's going to take some time to go through this, but Khanna's net worth has at least tripled during his time in Congress and it seems rather apparent he is using some sophisticated loopholes to limit his tax liability while openly advocating for increasing taxes on others.
Kane 謝凱堯@kane

All of Congressman’s @RoKhanna’s financial disclosures are finally OCR’d and searchable online He hand-filed papers instead of using the electronic system to obfuscate the data, but I indexed them all here: rokhanna.money

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Thomas_l_s
Thomas_l_s@Thomas_l_s·
This is solely for me to point to in the future, but I've been saying for the better part of a year that the AI Boom is not leading to detectable increases in productivity, return on investment, or declines in employment. As of today, seems like a bubble.
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Keith Humphreys
Keith Humphreys@KeithNHumphreys·
The sketchy diet industry that says you can lose weight while consuming more calories than you burn is a close cousin of the political industry that tells you can lower taxes while expanding government services.
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