They didn't, the IMF just offers better terms than the free market. And they are still doing their Bitcoin thing, this was just a small concession they were willing to make.
3,282 karma · joined November 5, 2013
Legal tender 1: -15%
Legal tender 2: +115%
Guess which one has been deemed a "Failed experiment".
I suspect that AIs are already more effective than humans at passing captchas.
Bitcoin is not the symptom, Bitcoin is the answer. People are not longing Bitcoin, people are exiting the dollar, the euro, the yuan...
https://bitcoinmagazine.com/print/operation-choke-point-2-0-...
Wealth tends to concentrate. So any action that creates wealth will also increase wealth concentration (in most cases). So unless economists, or anyone for that matter, try to construct theories that compensate for that externality, then most wealth creative theories will also have the effect of wealth concentration.
>Economists core moral value is maximum efficiency, but I think overall efficiency is better at a happy medium rather than a maximum.
You are talking about pareto efficiency vs pure efficiency and economists are well aware of this tradeoff. Vilfredo Pareto was himself an economist. A situation is pareto efficient when you can't make anyone better without making anyone else worse (your "happy medium"). Your claim is that "economists" don't care about pareto efficiency and only care about efficiency, which is absurd, they even defined the term. A good economist will lay out both the benefits and problems of their theory, and will propose mitigating measures for any negative externalities that it may cause.
>We're hoping to grow OpenAI into such an institution. As a non-profit, our aim is to build value for everyone rather than shareholders. Researchers will be strongly encouraged to publish their work, whether as papers, blog posts, or code, and our patents (if any) will be shared with the world. We'll freely collaborate with others across many institutions and expect to work with companies to research and deploy new technologies.
https://web.archive.org/web/20160220125157/https://www.opena...
Someone hardcoded that field 50 years ago and it's impossible to change the type. It would be easier to just abandon planes altogether, and set up a parallel transportation system.
The railroad experience is usually much better though, I agree (compared to economy class).
https://injuryfacts.nsc.org/home-and-community/safety-topics...
https://openaipublic.blob.core.windows.net/sparse-autoencode...
This is not a comment on whether PG should have been informed or not, I don't know how YC operates.
Do we? (From "Has the science of mindfulness lost its mind?" (2016))
"A recent comprehensive meta-analysis of randomised clinical trials showed that mindfulness interventions only led to moderate improvements in depression, anxiety and pain, and very small improvements in stress reduction and quality of life. There was no evidence that mindfulness had an effect on other variables, such as positive mood, attention, sleep or substance use. Further, when mindfulness was compared with other interventions, such as physical exercise or relaxation, it was not more effective."
[1] "Aside from Mr Barnett and Mr Dean, there are some 30 Boeing whistleblowers, including Mr Salehpour." https://theloadstar.com/im-scared-says-boeing-whistleblower-....
[2] https://en.wikipedia.org/wiki/John_Barnett_(whistleblower)
Assuming that tax money is being used effectively (lol), the negative externality could completely disappear with the right tax level. You could even turn driving into a positive externality if the tax is high enough, while still polluting.
Why replicate it? Can't ByteDance license the IP to the US company?
PS: The best way to get an answer on the internet is to provide a wrong answer.