8,633 karma · joined November 20, 2012
If Warren just directly gave his money to his three children equally, and paid 40% inheritance tax on that money, and then the children each just used 1% of that wealth per year, then they'd each get:
144000000000 * 0.6 / 3 / 100 = $288 million each year.
No foundation pays its CEO 10% of that much money. I think we may have to accept that in fact this is a way to give money to charitable causes, not just horde it.
And, I mean, it's obviously hard to predict beyond that, but it doesn't seem like anyone has any real clear answer to the trend of steadily decreasing TFR right now.
But it also kind of sounds like you're just saying that there's a scalar of "get a little better" before you'd trust AI with something.
If your answer is "yes," do you think that's inherent to the (metaphysical?) fact of it being AI or to specific limitations to current AI? If the latter, what changes to AI would let you trust it?
There's no real evidence that this trade was made by Buffet himself, and it's part of a general major sell-off of Amazon that transparently did not temporally align with the idea that Amazon's retail business has suffered a decline in quality.
This is the market making a (reasonable!) judgment that it lacks confidence that Amazon's capital expenditures will pay off.
I'm not here to say that Facebook's enforcement behavior is optimal, and I don't know that a "17 strike policy" is a full description of their enforcement behavior. But there are plenty of behaviors that you want to discourage but not go nuclear about.
Like, I'd think that was a bad policy for murder in particular, but "we don't allow things but we give you a lot of chances to correct your behavior" is ordinary.
So the unemployment rate is staying low, but the absolute number of workers is flat or declining.