If the child has reliable parents they tend to pass the test. The children of reliable parents do better in life, which is obvious.

The test also fails to account for a temperate child that doesn’t actually want more than one in the first place and isn’t playing the researchers game.

Secrets are a dark illiquid market where there’s high demand for things that don’t exist. So naturally there’s a lot of supply for that information. The fact that is almost all bogus is irrelevant.

I could be convinced that parsing a language at that resolution isn’t how language processing works for general use, but that’s like saying diagraming a sentence isn’t speaking a language. Technically true but missing the point.

If you list a buy or sell order it just has to be in force for some period of time, say a minute or something.

HFT shops will say this would reduce liquidity, but it would only make clear what real liquidity was in the first place.

I was lead to believe that Harvard was where smart people were. The simple thing to do would be to remove the book from circulation, not destroy the thing that made it interesting.

Used to be real people pretended to be girls on the internet. These days I can’t even get an honest real fake person pretending to be an attractive female on LinkedIn.

In both instances, the game end of the deal had peaked already, and there was nowhere to go but down. Nothing a few billion dollars can’t fix, maybe some “new content,” says the business guys.

Meanwhile their product becomes worse by the month. The magic is fading. All the people who made it great move on, not wanting to deal with the business parasites who showed up to squeeze a buck. Repeat.

Piracy is a service problem. Valve proved digital piracy can be beaten by commercial solutions. The problem is the media cartels being intransigent with digital delivery, not piracy.

Most collectibles are -90% these days. Jordans selling at humble discounts isn’t a sign of weakness all things considered.

We only see the failures of this activity. There are many more big lobby success stories, where the externalities a line of business produces are removed from public discourse. In some cases, veggie libel laws for one, the lobby is so successful that criticism is practically illegal.

This is either an unserious article or the entire notion of global economics needs revisiting.

The other part is how do you really measure efficacy of these systems? Unless you did some secret shopping, which in this case would be paying people to defraud public services occasionally, how would you really know how effective these systems were at reducing fraud costs to public services?

The TCPA lawsuit business was so lucrative for years that a lot of effort goes into producing proof that the contact is legal. Rather than stopping spam calls these laws basically guarantee spam, but legal spam.

Also carriers have pretty well cracked illegal spam through their own analytics. Some still happens, but it’s cleaned up extremely fast.

It's the business version of the get-rich-quick scam course hucksters. The truth that there's no silver bullets can't compete.

Analytics are an instrument panel, it’s a set of gauges. How it looks depends on what you’re trying to accomplish and the conditions of the system.