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Their words
Now recently the U.S. economy has experienced a huge positive shock to its Intelligence, with more to come. The core prediction is that this increases marginal returns, employment, and real wages in the Polanyi knowledge sector.
A simple model of AI-aided economic growthmarginalrevolution.com
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Ben Carlson x.com
We are very close to 7% mortgage rates yet again We've now had mortgage rates >6% since late-2022 And still no housing market crash I do wonder if housing is the shock absorber for the economy if/when AI causes an economic slowdown (and rates fall)
The the words it uses that this site has seen least often elsewhere. Posts are matched on those words alone — nothing here is a summary of this one.
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13 September
12 September
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Their words
the best way to think about AI is as another social, political, cultural and economic shock in the series of shocks that have been underway over the long industrial revolution.
How should social science think about AI?programmablemutter.com
10 September
29 July
From one piece Chartbook 462: China shocked - beyond 1.0 and 2.0 to the "Big One". 5 beliefs, in the piece's order there
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Their words
The original point of the China Shock 1.0 discourse was not to foreground the unfairness of Chiense competition, so much as the malfunctioning of US policy and societal institutions in the face of concentrated globalization shocks.
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Their words
It wasn’t just the West that drew conclusions from China shock 1.0. Beijing learned from China Shock 1.0 too.
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Their words
China shock 2.0 threatens high status manufactured goods: European cars and engineering.
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korrents.com
The second China shock is landing on Europe, where the first one landed on the United States.Their words
In China shock 1.0 the key target was the US. In China shock 2.0 it is Europe.
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korrents.com
China's industrial lead was manufactured by deliberate state industrial policy rather than by market forces alone.Their words
What China is delivering in the 2020s is an industrial policy shock of global scale.
19 July
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korrents.com
The AI shock to engineering is an acceleration of a change that has been running for decades, not a break from it.Their words
It feels like it's a it's an acceleration of how much engineering has changed. But if you looked over the last 10 years or 20 years you would say the same thing.
10 July
30 June
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Lovedrcmnd.app
Forty Signs of RainTheir words
I loved this, but partly this was the pleasant shock of recognition: much of the action revolves around the National Science Foundation and, physically, its old headquarters in Arlington, which Robinson captures extremely well (even the atmosphere of review panels).
14 June
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