Comments URL: https://news.ycombinator.com/item?id=47708792

Points: 5

# Comments: 1

Comments URL: https://news.ycombinator.com/item?id=47392177

Points: 24

# Comments: 2

An interesting multi-pronged approach is post labor economics which is being promoted by David Shapiro: https://www.youtube.com/@DaveShap

The basic premise is that currently we have households being supported by labor, capital, and transfers. With labor largely going away, the leaves capital and transfers. Relying on transfers alone will lead to ownership of the people by government. So we have to find ways to generate way more distributed capital ownership by the masses. This is what he plans, discusses, and promotes.

Links to my projects. I am a mathematician, Bohmian (quantum mechanical theory where particles have definite positions guided by the quantum mechanical wave function), Sudbury staffer, hobbyist programmer (now hobbyist manager of AI coders). Currently into exploring fully embracing families of rational intervals as real numbers.

But I did check their dismissive claim about the 90% coding at anthropic by watching the link they provided. The Anthropic guy said that 90% was achieved at various teams within Anthropic and also hedged about the exact nature of it; it is a messy metric to be precise about. I thought the other was not generous in interpreting it which makes me skeptical of the edge of the rest of the article.

The real question to ask is why can they take on so much debt? And for that, one needs to acknowledge the fact that, particularly for the well-connected, debt is easy to obtain as banks essentially create money for loans. There are constraints (otherwise the banks would make themselves trillionaires), but the constraint is not the quantity of money. This creation of money through lending leads to inflation which further supports operating via debt as those who take out loans see the real value of the loans decrease. The banks just made up the money so there isn't a direct loser from the inflation other than everyone who has to deal with increased prices. You can think of it as a broad, regressive tax on the population to fund these firms doing far more than they should.

With an actual constrained money supply tied to real wealth in the economy, the PE firms would have to focus on the best deals which means the businesses that are truly dying and their role is to turn the nonproductive assets into something productive.

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I asked ChatGPT to critique my answer (which is unaltered above) and it said to tone down the lending being propped up by inflation and instead emphasized the following:

>Inflation can help leveraged borrowers, but in PE the bigger structural advantages are: • Interest deductibility (a massive tax subsidy to debt) • Limited liability (upside captured, downside partially socialized) • Fee extraction independent of performance • Ability to load debt onto the acquired company, not the PE fund

I then asked it to answer the question without regards to my context and it basically said PE is different because of

> • short ownership horizons • high leverage • strong control • financial returns as the primary goal

Here is the link to the short conversation if interested: https://chatgpt.com/share/6963a0de-7a04-8012-8c36-afef5dd74f...

Also, the same health insurance can be continued after termination (with some external payment, of course) in addition to medicaid probably being available. None of that may be easy for someone with mental issues to navigate, but that is systematic.

As for the minor extension, is it clear how long she was on leave and what the conversation had been before the termination? The post said that they asked for small time extension, but did not give any indication as to what was happening before, neither length of time employed before taking the leave, what caused the leave, what was said in terms of a return, how long the absence was, etc. I feel like plugging in different answers for those questions would change how I feel about the culpability of the company in the current legal regime.

Comments URL: https://news.ycombinator.com/item?id=45837590

Points: 2

# Comments: 0

Bell's work was to show that it had to be the nonlocal causation.

>Do you know some more formal article discussing the proposed experiments?

I do not know of an article, but Maudlin's book Quantum Non-locality and Relativity goes through the various notions of locality and what QM says about it. There is a chapter about signaling and another about causation. It also covers the GHZ scheme which is a non-probablistic version demonstrating non-locality. It is pretty clean.

>Do you know some more formal article discussing the proposed experiments?

I have not read them, but my understanding that Siddhant Das is pursuing these and here is a link to his Arxiv papers which talk about arrival time experiments though I do not know if it is directly about these.

https://arxiv.org/search/advanced?advanced=&terms-0-operator...

I recently heard a talk from Tim Maudlin where he mentioned that foliations are the easiest and most natural structures to use to provide nonlocality and, if there is such a thing, maybe there is a clever way of using it to actually communicate and discover the foliation in some sense. He mentioned there is current research on using arrival times which are experimental results outside of the operator formalism, as far as I know. I found an article describing the research:

https://www.altpropulsion.com/ftl-quantum-communication-reth...

Thus, there is no local theory that has definite experimental results compatible with what is actually demonstrated in labs. Many worlds, to the extent that one can apply any notion of locality to it, avoids this by not having singular, definitive experimental results (all results happen).

I would also say that any theory that does not have room to say definitively that I exist is a theory that is obviously contradictory to my experience and is therefore falsified. There has to be room in the theory for at least me. Additionally, I would certainly value much more a theory that has room for the rest of humanity more than one which questions the existence of everyone but me. I am not even sure what the point of a theory would be if it could not account for collaborative science being done.

Think of a prize race. The people organizing the race and the audience want a highly competitive race. But the racers, if they are in it for the prize, would love to have little to no competition.

Artificial restrictions on who can do a thing is not good and it is violence behind, whether it is government or not.

Anarcho-capitalists are the true expression of the ideology of free markets.

I am unaware of what government intervention you are talking about in 1920. I have heard explicitly that the government did nothing by historians and I asked ChatGPT and it had nothing [1]. In that same conversation I also asked it compare Europe versus US in 2008 from an Austrian perspective. The main thesis Austrians have for busts is that of misallocated resources based on false price information whose remedy is reallocation, often through bankruptcy and repurposing of capital goods. It seems that the US was able to have a better reallocation of resources. I am not sure entirely of the mechanism, but at least some of it was allowing some things to fail and some of it might have been the government going in and manually realigning these things (taking over in the short term). It sounded like Europe did not allow for that, either direct intervention or simply allowing things to fail -- the bad businesses limped along as zombies. Europe kind of did the worst of both worlds.

As for the US, it also suggests that the Austrians, and I have heard this, cite our extreme debt, and it keeps growing, as a sign of a reckoning to come. Kind of like one can keep pumping sugar in to deal with sugar lows after a high, but eventually the bill comes due. Keynesians and others seem to view the economy as a short-term adjustable kind of thing, a chemical reaction with just the right reagents producing something wonderful. Austrians view it as a lumbering ecology, with things adapting and to the extent adaptation based on truth is present, it gets better. To the extent that distortions and violence happen, not so good. We shall, unfortunately, probably see soon enough unless AI can make a productivity miracle happen.

1: https://chatgpt.com/share/68e3ce42-6e78-8012-8a9c-1d7cff2d6f...