Technology
-
•
AI Opposition: Economic and Philosophical Sophistry
“Economic growth is by far and away the most far-reaching and compounding good mankind has ever experienced — the very phenomenon responsible for modern infrastructure, schools, and health care.” ~Jack Nicastro and Samuel Crombie
-
•
Industrial Policy’s Short-Run Booms Risk Long-Term Failures
“Small firms like GF will enjoy morsels, but legacy firms like Intel — who are already more immune to market shocks and decline — make subsidies into a buffet.” ~Ryan M. Yonk and Jacob Bruggeman
-
•
Wendy’s Won’t Use Dynamic Pricing – But Should They?
“The discount shelf in your lower supermarket is emblematic of the same process as well, albeit in the opposite direction. Variable pricing permits improved resource allocations, including of labor, by responding to real-time conditions.” ~Peter C. Earle
-
•
Bitcoin Scoops Up Stranded and Excess Power
“Overbuilt facilities generate excess capacity, waste resources, and are only needed in extreme events. A consumer-of-last-resort could secure electricity grids and monetize their resilience.” ~Joakim Book
-
•
US Can Thwart the CBDC Onslaught
“The argument that lagging digital dollar development is necessarily bad for Americans ignores a long history of US government promises about gathered data and its use.” ~Peter C. Earle
-
•
ChatGPT is a Calculator; Deal with It
“For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI create the text, at least for the first draft.” ~Michael Munger
-
•
The Sputtering EV Market Shows What Happens When Companies Heed Planners Instead of Consumers
“The US EV market is a mess, one many analysts say will get worse before it gets better. And automakers like Ford who bet big on the future of EVs are likely looking at pain, at least in the short term.” ~Jon Miltimore
-
•
Robots Free Humans from Repetitive Tasks
“Robots handle repetitive tasks or heavy lifting that cause substantial wear on the human body, reducing the risk of injury to employees. Robotics with AI would complement, rather than substitute, human labor.” ~Janna Lu
-
•
Epic Games Sues Google Play: Scared of Competition
“Google’s conduct does not prevent an innovator from making its own spot. Epic chooses to squander resources on legal actions, rather than developing better products for both vendors and consumers.” ~Peter Clark
-
•
Let the Market, Not Government, Decide the Fate of EVs
“Both for equity and economic efficiency, government inducements to hasten the number of EVs or charging stations are a bad idea. Governments can better spend taxpayers’ monies. EVs have a promising future.” ~Kenneth W. Costello
-
•
AI Opposition: Economic and Philosophical Sophistry
“Economic growth is by far and away the most far-reaching and compounding good mankind has ever experienced — the very phenomenon responsible for modern infrastructure, schools, and health care.” ~Jack Nicastro and Samuel Crombie
-
•
Industrial Policy’s Short-Run Booms Risk Long-Term Failures
“Small firms like GF will enjoy morsels, but legacy firms like Intel — who are already more immune to market shocks and decline — make subsidies into a buffet.” ~Ryan M. Yonk and Jacob Bruggeman
-
•
Wendy’s Won’t Use Dynamic Pricing – But Should They?
“The discount shelf in your lower supermarket is emblematic of the same process as well, albeit in the opposite direction. Variable pricing permits improved resource allocations, including of labor, by responding to real-time conditions.” ~Peter C. Earle
-
•
Bitcoin Scoops Up Stranded and Excess Power
“Overbuilt facilities generate excess capacity, waste resources, and are only needed in extreme events. A consumer-of-last-resort could secure electricity grids and monetize their resilience.” ~Joakim Book
-
•
US Can Thwart the CBDC Onslaught
“The argument that lagging digital dollar development is necessarily bad for Americans ignores a long history of US government promises about gathered data and its use.” ~Peter C. Earle
-
•
ChatGPT is a Calculator; Deal with It
“For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI create the text, at least for the first draft.” ~Michael Munger
-
•
The Sputtering EV Market Shows What Happens When Companies Heed Planners Instead of Consumers
“The US EV market is a mess, one many analysts say will get worse before it gets better. And automakers like Ford who bet big on the future of EVs are likely looking at pain, at least in the short term.” ~Jon Miltimore
-
•
Robots Free Humans from Repetitive Tasks
“Robots handle repetitive tasks or heavy lifting that cause substantial wear on the human body, reducing the risk of injury to employees. Robotics with AI would complement, rather than substitute, human labor.” ~Janna Lu
-
•
Epic Games Sues Google Play: Scared of Competition
“Google’s conduct does not prevent an innovator from making its own spot. Epic chooses to squander resources on legal actions, rather than developing better products for both vendors and consumers.” ~Peter Clark
-
•
Let the Market, Not Government, Decide the Fate of EVs
“Both for equity and economic efficiency, government inducements to hasten the number of EVs or charging stations are a bad idea. Governments can better spend taxpayers’ monies. EVs have a promising future.” ~Kenneth W. Costello