A long list today because this week two of my top sources were on fire - MR and NYT.
My Parents Expected to Be Retired. Instead, They Are Raising My Sister’s Kids. (NYT): Beautiful, heartbreaking and uplifting.
Still booting after all these years: The people stuck using ancient Windows computers: None of the above. Well… maybe heartbreaking. No need to click the link though, the title says it all.
Measles cases in Europe, the Americas skyrocket: This is infuriating for two reasons. The second reason is that you wouldn’t know it from reading most news that Europe has 10x the cases of USA. NYT I can understand, but I had to scroll down 3 pages on BBC website, after searching for “measles” to find a story about something other than RFK Jr. and Texas moms.
Your Fingers Wrinkle in the Same Pattern Every Time After Long Exposure to Water: Heh. Also apparently they wrinkle to improve underwater grip, not because the skin expands by absorbing water, which would have been hypothesis.
How Miami Schools Are Leading 100,000 Students Into the A.I. Future (NYT)
5 weeks ago, someone buried a 22 lb chest with $10,000 of prizes (half in gold), somewhere in San Francisco. No one has found it yet. This is the only clue. It was found within a day of this post, so clearly the only thing holding back the search was the number of eyes looking. How many other problems is this true for?
“One of main goals in life has been to make my parents proud”. 92% in Iraq, 78% in India. I remember realizing sometime in my early 30s that my parents didn’t know the hierarchy of success in my field. As far as they were concerned I was already successful after college and any “actual” success wouldn’t register with them. I felt the void in my movtivation for quite some time. Having your own kids helps with the transition.
An interviewer just asked me what skills AI will make more important. My response? Critical thinking skills.
This is because in the past there was value in creating large quantities of information. That is now costless. The new currency is how to generate, assimilate, interpret, and make that large amount of information actionable.
The next question then becomes how do we teach, and improve our own, critical thinking skills? I discuss that in a recent study where I create a critical thinking skills hierarchy.
The Agentic Web and Original Sin: I have been wondering about this problem for a while - who puts up the content for the LLMs to train on if everyone gets their answers from the chatbots and doesn’t visit websites anymore.
The problem, as both I and Patel noted, is that this ecosystem depends on humans seeing those webpages, not impersonal agents impervious to advertising, which destroys the economics of ad-supported content sites, which, in the long run, dries up the supply of new content for AI.
A potential solution:
First, the protocol layer should have a mechanism for payments via digital currency, i.e. stablecoins. Second, AI providers like ChatGPT should build an auction mechanism that pays out content sources based on the frequency with which they are cited in AI answers. The result would be a new universe of creators who will be incentivized to produce high quality content that is more likely to be useful to AI, competing in a marketplace a la the open web; indeed, this would be the new open web, but one that operates at even greater scale than the current web given the fact that human attention is a scarce resource, while the number of potential agents is infinite.
Cargo Ship Crashed Into Man’s Yard After Crewman Fell Asleep, Police Say (NYT)
New Studies Dismiss Signs of Life on Distant Planet (NYT): Dang.
They’re 15. Wait Until You Read Their Newspaper. (NYT):
“We still haven’t done hot dogs,” Teddy said. Billy agreed: Hot dogs should be an editorial priority.
and
“We were still very young; we had no idea what we were doing,” said Billy, a junior varsity quarterback whose hair was tousled into a cruciferous mop.
…Use of digital technologies was associated with reduced risk of cognitive impairment (OR = 0.42, 95% CI 0.35–0.52) and reduced time-dependent rates of cognitive decline (HR = 0.74, 95% CI 0.66–0.84). Effects remained significant when accounting for demographic, socioeconomic, health and cognitive reserve proxies.
Putting Claude 4 Opus in an open playground to chat with itself led to it diving into philosophical explorations of consciousness, self-awareness, and by 30 turns it eventually started using Sanskrit: Can’t wait till nationalist politicians from my home state get their hands on this. Sanskrit!
Toronto burger shop called Good Fortune Burger renamed its menu items to sound like office supplies, helping remote workers potentially expense meals through work accounts. The “basic steel stapler” and “braided HDMI cord” are popular. : As a reply points out this doesn’t make sense because the order is still from a place called Good Fortune Burger.
Who Benefits from Surge Pricing?:
What are the welfare effects of surge pricing? Using Uber data, I develop an empirical model of spatial equilibrium composed of demand, supply, and matching. I find that surge pricing raises total welfare, benefitting riders but hurting drivers.
Welfare effects differ substantially across sides of the market: rider surplus increases by 3.57% of gross revenue, whereas driver surplus and the platform’s current profits decrease by 0.98% and 0.50% of gross revenue, respectively.
This doesn’t make sense. If it hurts the platform or the drivers, why would they do it?
After dropping the pearl of wisdom above, I decided to actually read the paper. In the first two pages I found this:
Uber’s current profits decrease by 0.50% of gross revenue. This probably does not mean that Uber is hurt, but rather that it is willing to forgo current profits to increase rider surplus—the right choice if it believes that long-run shareholder value is more closely tied to rider surplus and customer retention than to current profits.
Makes sense. After this my eyes glazed over and I dropped the paper in Claude and asked it why drivers would participate in this. Here’s what it says:
The paper acknowledges this is the more problematic finding. “My findings suggest that drivers might have good reason to complain. Their hourly earnings are not much higher than the minimum wage, so even the small effects I find might be a concern.”
However, drivers may not have full information about the counterfactual (uniform pricing), and many drivers are part-time workers using Uber for supplemental income rather than as their primary employment.