120 karma · joined October 8, 2022
Regarding the cultural reason: Where is the obstacle? Somebody mentioned that TSMC receives the wavers from the USA. Why would it be possible to operate one set of clean-room machines, but not another? If I am not mistaken then there are also the Intel plants. They may have lost their lead, but they are still operating the machines.
It's sad that a war can driving massive change but not the insight that we are destroying the stable climate as we know it.
Are we still going to meet those energy targets if the weather escalates and destroys more and more infrastructure and harvests?
>it's going to remain viable in each individual application area for only so long as nobody finds those problems really interesting and nobody else finds any way to route around them
This is enough. Gimp hasn't become Photoshop since forever. Software scales so that many inefficient programmers can be used to create something marginally valuable that can be reproduced endlessly.
>She spends most of her time organizing the deployment of the other 95%,
Looking from the point of view of the 95%, it creates the opportunity to work on something that is valued in society. Instead of doing nothing and only being amazed by the 5%, it's possible for everybody to work on something and to participate.
What's the problem with that community?
>the concept has been captured to mean that the pursuit of individual interest leads to the general good.
However, to my surprise, it seems to have been thought up as an argument against a global adjustment of income:
>Smith was worried that if the movement of capital and the movement of goods (imports) were both free, the British bourgeoisie would invest abroad, to the detriment of Britain. To this, Smith came up with an argument according to which the British bourgeois would be biased according to their place of residence and would therefore make investments in the home country guided by an "invisible hand".
Against this, I would like to argue that there is no need to help the poor beyond allowing them to access the global market. If you look at Fiverr and such, with internet access, everybody can participate in the global economy and take some of those sweet ad dollars.
>First, because gummed-up property markets are a drag on the jobs market. [...] the uncertainty makes people hesitant about moving
It could also mean that a huge supply of real estate makes it easy to move for everybody who doesn't own a house
>Lower house prices also hurt growth in a second way: they make already-gloomy consumers even more miserable.
Or it frees huge amounts of capital for those who buy a house when prices are low.
This is all insignificant to a coming disruptive change. China and India are incentivized to develop more efficient modes of housing. The west is cut off from that development by insisting on maintaining the status quo with zoning laws.
Even if western citizens remain in their countries, the west will lose the migrant science workers when they move to where housing doesn't take half of your income.
As a consequence, the housing market can collapse even more.
Becoming a leader in high tech manufacturing means giving up other leading positions.
Sooner or later, the data will be available. Where will it end? Will "stupid" people stop having children or will they choose intelligent donors until genetic engineering is possible?
What's missing to link those women to matching jobs? There must also be many new mothers who would like to work but who haven't found a WFH job.
However, who has to pay is not my point. That 'secret' €2.8 billion loan doesn't fundamentally change the analysis of the Greek economy. 'They must have known' cannot be ignored. The Greek situation fulfilled economic theories that are broadly known.
So why did banks willingly underestimate the risk? If you look at Piraeus [3], crushing Greece cannot be a long term strategic target.
*edit: The mutuality was crushed in the setup. There was no perspective for Greece to develop inside the Euro. Subsidies to compensate the strong Euro don't work because the economy aligns to those subsidies and not to market demands. The mutuality is that the richer countries keep paying subsidies and the 'lucky' individual receivers have a good life within their poor community. That's not a good outlook.
Question remains: Can something be done to allow for economic prosperity in Greece within this framework? How can the startups be selected that rebuild the Greek economy so that every citizen benefits?
[1] https://en.wikipedia.org/wiki/TARGET2
[2] https://gm-media-library.s3.eu-west-1.amazonaws.com/image_7f...
It would be nice to discover people who have notes with the same keywords or who have annotated the same sentences in an article.
Medium offers some of that but it's only on medium articles, and it's not possible to intersect annotations and notes. E.g. how could I find people who have an 80% overlap of interest in a set of articles that I have curated on some topic?
Or asked the other way round: Why do countries join the Euro when neither Sweden nor Great Britain do and (almost) all economists say that it doesn't work if you have a weak economy?
>President François Mitterrand argued for the single currency because he hoped to bolster French influence in an EU that would otherwise fall under the sway of a unified Germany
However, you can argue that the continent suffers because Germany had reduced its labor costs [2], which unnecessarily moved production processes.
[1] https://www.economist.com/leaders/2012/11/17/the-time-bomb-a...
It seems like the people who could create it have no need to discover more thoughtful content.
They cannot verify them directly because they cannot publish their algorithms and data. So let them do science and figure out who knows his algorithms.
*edit: actually:
>Optimize and speed up classical molecular dynamics and quantum chemistry algorithms with artificial intelligence and high-throughput computational methods.
They are building an algorithm library
What alternatives are there? Therapists don't scale. If half of society could improve their life with therapy, and a therapist can treat 30 people per month over 10 years, then 1% of society have to become therapists. More therapists than teachers would be needed.
I believe that this is a huge opportunity. Like medicine, people will be willing to pay anything to be happy. The biggest problem apart from developing a cure will be getting heard. The market will be flooded with enticing apps and a most likely bitter medicine will be a tough sell.
The mind is very close to a computer. Few people use science to develop or debug software. Even if there is a scientific model that explains why somebody feels bad, is that model enough to determine a cure?