Bohumilo

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Bohumilo

@bohumilo

Not a universal Bayesian.

Belgrade/Warsaw Katılım Mart 2011
775 Takip Edilen1.1K Takipçiler
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Bohumilo
Bohumilo@bohumilo·
When you have to compare item by item and not the total economic output - you have already lost the argument. It's like when Belarus brags about producing 120,000 tractors a year. Try something like this - what the median person actually receives, accounting not only for income from wages and salaries but also the various benefits and social transfers they receive, minus taxes👇
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Theo
Theo@theojaffee·
Negative sentiment toward AI is a luxury belief
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Porter
Porter@ParkSlopeFlngsm·
@bohumilo @humantransit Yeah, lefties act like a little more money will be the answer. Always just a little more money Blue cities already lavishly fund their social services and there’s still people on the streets. It’s a direct refutation of their worldview
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Citizenj17 ✝️🇺🇸
San Francisco spends $141,852 per Homeless Person on Average which is almost be same as the median household income for 2025. Let that sink in.
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Bohumilo
Bohumilo@bohumilo·
@cafreiman But even more importantly, it gives people incentive to start producing precisely what is scarce, and with an intensity that corresponds to how scarce it is. Forget about ice cream, think about water during during hurricane Katrina or masks during Covid. x.com/bohumilo/statu…
Bohumilo@bohumilo

Think about the shortage of masks or alcohol during COVID. A surge in price gives incentives to whoever can repurpose their production — say, producers of jeans or whiskey, or just private people with sewing or liquor-making machines at home — to start making masks and alcohol.

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Chris Freiman
Chris Freiman@cafreiman·
Surge pricing is good—if a store is running low on ice cream (for example), it can conserve the supply by instantly raising the price and reserve the remainder for those who value it the most (plus, the store can quickly lower prices if a product isn’t selling).
More Perfect Union@MorePerfectUS

Walmart is rolling out digital price tags at all of its stores. At the same time, the corporate giant just secured a patent for "dynamically and automatically updating item prices.” Plus another patent for using machine learning to predict demand and recommend prices.

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Bohumilo
Bohumilo@bohumilo·
As @ATabarrok says, price is a signal (about what is scarce and how scarce it is) wrapped in an incentive (for people to start producing precisely what is scarce, and with an intensity that corresponds to how scarce it is).
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Bohumilo
Bohumilo@bohumilo·
When a hurricane hits your city and there is a lack of water, what do you want people from other cities to do? To bring you water. And they will indeed do that if you let the price rise.
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Bohumilo
Bohumilo@bohumilo·
But even more importantly, it gives people incentives to produce precisely the good that is becoming more scarce — and the incentive is proportional to how scarce the good is, too.
Chris Freiman@cafreiman

Surge pricing is good—if a store is running low on ice cream (for example), it can conserve the supply by instantly raising the price and reserve the remainder for those who value it the most (plus, the store can quickly lower prices if a product isn’t selling).

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Bohumilo retweetledi
Hunter Ash
Hunter Ash@ArtemisConsort·
Leftists dislike effective altruists because EAs are smart and honest enough to publicly disbelieve a lot of leftist dogmas, and more fundamentally to disavow the leftist mode of thought. Rightists dislike EAs because they are hubristic central planners. One way to define rightism is the belief in an intelligence greater than humans. This can be God, or markets, or evolution (taken seriously as a discovery process), or the Landian fusion of all three. But fundamentally there is a rejection of closure, an embrace of the Outside, an a priori skepticism of grand plans. So when they hear “you just need to give Our People global power to stop the apocalypse” they see the echoes of every other failed totalitarian/closure project and write you off.
Aaron Bergman 🔍 ⏸️ (in that order)@AaronBergman18

It’s not crazy for both progressives and conservatives to dislike the same thing It’s slightly crazy that both sides at least claim they think that EA is fundamentally aligned with the other side

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vittorio
vittorio@IterIntellectus·
absolutely fucking disgusting i'll never understand what pushes someone to want to kill their own child. but the worth of a culture can be measured by how it treats its future, and britain just voted to decriminalize murdering it it's over for these people. whatever suicidal ideology drove a dying civilization to this point cannot be eradicated soon enough
Dr Rahmeh Aladwan@doctor_rahmeh

The UK House of Lords has just legalised abortion up to birth. Women can now end the life of their unborn baby at any stage, for any reason, without legal consequences. A truly dark day for Britain.

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@redaction
@redaction@redaction·
Germany - Shut down all of their nuclear power - Lost all of their Russian gas - Now losing all of their Qatari gas Holy shit it has never been so over for Europe. It is utterly over
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Bohumilo
Bohumilo@bohumilo·
>>If you consider US states as comparable to countries, 16 of the top 20 political units in the world for well-being are in the US — including the top seven.>> 👇 What goes by happiness in your ranking is smugness: >>Many happiness surveys ask individuals how satisfied they are with their lives...It tends to favor nations where...the people are somewhat smug.>>
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Stefan Schubert
Stefan Schubert@StefanFSchubert·
The English-speaking world is falling in rankings of life satisfaction (The Economist)
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