1,979 karma · joined October 24, 2013
Inflation is just a change in the ratio of money to stuff. You can reduce inflation by increasing the stuff or reducing the money, and cause it by doing the opposite. There's no requirement that the solution is applied to "the same factor", either works.
Sure, if you're wanting to assign blame or worried about externalities these things start to matter. But monetary policy is a perfectly fine tool for dealing with inflation, regardless of the cause.
Note: inflation causes prices to rise, but that doesn't mean that all changes in price are caused by inflation.
https://www.reuters.com/business/energy/russia-extends-diese...
I feel heard!
What constantly amazes me is how many people don't get this after interacting with them for a while.
I don't want to give up my modern conveniences, but I have and will if forced to choose.
LLMs write like some people cook, adding bespoke artisanal Belgian sea salt, truffle oil and weirdly specific cheese without any thought given to how the result will taste.
https://marketwise.com/investing/openai-losses-surge-to-21-b...
Anthropic is "profitable"... if you exclude compensation and compute cost commitments:
https://aitoolsrecap.com/Blog/anthropic-first-profit-2026-re...
Changing the title in the movie example is this sort of change; the "change a single word" isn't analogous.
The point of these problems is the understanding / tooling gained in solving them. We're getting none of that. At best they are like a modern oracles, correctly answering your questions in a way that's doesn't help you any. (At worst,...)
"an LLM AI just solved Navier Stokes"
I assume you mean:
"an LLM AI [company] just [claimed that a team of mathematicians they hired, using their AI] [may have] solved [part of] Navier Stokes[, definitely prompted by (and possibly by looking at) the work of human mathematicians."
Pass it on.
As it turns out, even your new goal posts fail the test of facts. In the years immediately following prop 13, the GDP grew at an APR < 15% [1] while the budget grew and an APR > 15% [2]. The per capita spending did slump briefly in the early 1980s (as shown in the graph on this article[3]) but that was more of a reversion-to-the-trend (which continued upwards thereafter.
While there may be some remaining tortured reading of the data under which you could claim they "slashed spending" it would be manifestly disingenuous to do so. At best the rate of increase slowed briefly.
[1] https://files.ceqanet.lci.ca.gov/276991-2/attachment/cSe45La...
[2] https://sbud.senate.ca.gov/sites/sbud.senate.ca.gov/files/Ca...
[3] https://www.mercurynews.com/2023/12/24/whats-behind-californ...
"Ohio isn't actually square, though you wouldn't know that from talking to the inhabitants" or some such.
Although, as it turns out, "orbiter" was a poor choice of name.
(He's listed as V. Vedral on the Tardigrade paper you linked, and it's more common to use last names in this context.)
At that time Macondo was a village of twenty adobe houses, built on the bank of a river of clear water that ran along a bed of polished stones, which were white and enormous, like prehistoric eggs. The world was so recent that many things lacked names, and in order to indicate them it was necessary to point. Every year during the month of March a family of ragged gypsies would set up their tents near the village, and with a great uproar of pipes and kettledrums they would..."
I think maybe I stepped on somebody's agenda?
Both capitalism and evolution depend on the fact that over time, on average, less fit organisms/organizations are displaced by better alternatives. You may not like that, but down-voting anyone who points it out doesn't make it any less true.