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#marginalrevolution

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"Throughout the 1870s and 1880s, Tolstoy wrote stories for the children who lived on his family estate; they went on to become popular throughout Russia and summon up the same feelings of delight and warmth that you find in Anna Karenina’s suicide scene."

Katherine Rundell · Why children’s books?
lrb.co.uk/the-paper/v47/n02/ka.

Via #MarginalRevolution

London Review of Books · Katherine Rundell · Why children’s books?Children’s books, to a great extent because they are written for those who cannot participate in the market, can offer...

Reading #MarginalRevolution this morning, I came across the following fact:

"Due to recent mass immigration under Trudeau, Canada's sex ratio has become very skewed. [10% more males than females between ages of 20 and 29.] The effects of a large sex imbalance have not been extensively studied, but I believe it could lead to many negative outcomes, such as frustration, loneliness, and sexual violence."

x.com/jonatanpallesen/status/1

#immigration
#CanPol #cdnpoli

X (formerly Twitter)Jonatan Pallesen (@jonatanpallesen) on XDue to recent mass immigration under Trudeau, Canada's sex ratio has become very skewed. The effects of a large sex imbalance have not been extensively studied, but I believe it could lead to many negative outcomes, such as frustration, loneliness, and sexual violence.

"When sports gambling was legalized in America, I was hopeful it too could prove a net positive force, far superior to the previous obnoxious wave of daily fantasy sports. It brings me no pleasure to conclude that this was not the case. The results are in. Legalized mobile gambling on sports, let alone casino games, has proven to be a huge mistake. The societal impacts are far worse than I expected."

#ZviMowshowitz

thezvi.substack.com/p/the-onli

Via #MarginalRevolution

1/2

Don't Worry About the Vase · The Online Sports Gambling Experiment Has FailedBy Zvi Mowshowitz

"I assess the climate impact of granting federal approval to all proposed U.S. liquified natural gas (LNG) export terminal projects, which would double U.S. export capacity by 2030. Results indicate a net decrease in global emissions through 2070, primarily due to higher local gas prices in the U.S., leading to lower domestic gas generation and accelerated renewable adoption."

If it *is* true, then Canada should export more #LNG also.

marginalrevolution.com/margina

#ClimateChange
#MarginalRevolution

My comment today on #MarginalRevolution :

"What will be the first company to suffer massive losses due to AI? A law firm with faulty research? An engineering firm whose skyscrapers collapse? An airline whose planes are lost? A hospital which misdiagnoses? Prof. Cowen sees the undoubted power of LLMs, but he never worries about the risks of relying upon the plausible-looking results of an auto-correct function that writes in paragraphs."

marginalrevolution.com/margina

(See my reply below.)

Marginal REVOLUTION · It is wonderful to put inefficient firms out of business - Marginal REVOLUTIONThe differences between the most and least productive companies can be startlingly high. By one estimate, in the US alone the most productive firms in a sector can be more than two to four times more cost-effective than the least productive ones. Given the size of those discrepancies, any expansion of trade or innovation that makes […]

Good news on Covid and your brain
marginalrevolution.com/margina

"We find no evidence for a negative association between COVID-19 infection and subsequent measures of cognitive functioning. The associations found in earlier studies may at least partly reflect reverse causation."

This is of course not the last word on #covid19, but it would certainly be good if the disease is less destructive than we had reason to fear.

Via #MarginalRevolution, an #AI risk that I hadn't considered:

"When a lot of people think about AI, they think, “Oh, it’s going to fool people into believing stuff that’s not true.” But what it’s really doing is giving people permission to not believe stuff that is true. Because they can say, “Oh, that’s an AI-generated image. AI can generate anything now: video, audio, the entire war zone re-created.” They will use it as an excuse."

They link to a Canadian example.

marginalrevolution.com/margina

Marginal REVOLUTION · AI and Truth Evasion - Marginal REVOLUTIONA good insight from Eliot Higgins, the head of the intelligence service Bellingcat. When a lot of people think about AI, they think, “Oh, it’s going to fool people into believing stuff that’s not true.” But what it’s really doing is giving people permission to not believe stuff that is true. Because they can say, “Oh, that’s […]