Is it possible the writer's first language is not English? ... and they used LLMs to help them with a few paragraphs?
324 karma · joined September 15, 2014
On the one hand Google started out with the intent to not be evil. Weapons seem pretty evil to me.
But on the other hand, one of the best way to maintain peace is to carry a really big stick.
>Millions of lost jobs, millions of better, easier, higher value jobs created.
Partially true. But look at many of the rust belt towns now. High unemployment, opioid addictions. Has that been a fair outcome for them? Is it ok to leave them behind in exchange for some of these "higher value jobs"?
>Why? It has never been fair play. The US has the world's biggest military and they push countries around for economic gains. The US has historically installed dictators as long as the they side with the US.
Exactly my point. It has never been fair play. Hence the traditional approach to evaluating tariffs does not always work.
>No one in America wants to work in factories anymore. Unemployment is already extremely low. Where are you going to find workers to slave away in a factory in America? Illegal immigrants?
Not entirely true. Many of those workers who would traditionally work in factories are now in low wage service jobs with little job security or prospect for earnings growth.
Once countries get to about 150 cases their trajectories are very similar. So far the USA has not been too different to Italy.
Public outrage often results in low hanging fruit for political movements to pick and use for their own gain.
If this snowballs some more I expect reactionary politicians and reactionary policies to rear their ugly head.
The entire economy seems to be driven by housing in Australia.
Its a massive ponzi scheme with developers making the big bucks and the tax system geared to assist investors at the expense of first home buyers.
If housing crashes there will be a lot of very angry people in this country. Developers and governments need to wake up.
" Asymptotically, minimizing the AIC is equivalent to minimizing the CV value. This is true for any model (Stone 1977), not just linear models. It is this property that makes the AIC so useful in model selection when the purpose is prediction."
Other methods become more important ie: Instrumental Variable estimation, Probit and Tobit models, Vector Autoregressions, Vector Error Correction models. Im sure your econ PhD student friend would know what these are.
A different tool-kit to solve different problems.
They're not.
As an analyst/associate you're spending most of your time crunching out excel spreadsheets and powerpoint presentations. Something the average highschooler could do.