ECONOMY

AI is Not Slowing Down, Except for Stop Lights

After 25.3 million fully autonomous miles a new study from Waymo and Swiss Re concludes: [T]he Waymo ADS significantly outperformed…

2 months ago

The new o3 model from OpenAI

The ACR metrics: Some more results. And this: Yupsie-dupsie, delivery of this: Happy holidays people, hope you are enjoying the…

2 months ago

Technological Disruption in the US Labor Market

Deming, Ong and Summers have a good overview of long-run and very recent changes in the US labor market. Using…

2 months ago

Trump: “Tariffs are going to make our country rich”

From Reuters: In an interview with NBC’s Meet the Press that aired on Sunday, Trump said he did not believe…

2 months ago

Trump City

Donald Trump wants to create Freedom Cities. It’s a good idea. As I wrote in 2008, the Federal Government owns…

2 months ago

Who’s Real Wage? | Econbrowser

EJ Antoni writes: Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings…

3 months ago

DiMartino Booth: “We know many government statisticians are very left leaning in nature…”

(Or, ” I have in my hand fifty-seven cases of individuals…”) At 3:44 into this video, this Ms. DiMartino Booth…

3 months ago

Literacy Rates and Simpson’s Paradox

Max T. at Maximum Progress shows that between 1992 and 2003 US literacy rates fell dramatically within every single educational…

3 months ago

Germany chart of the day

Here is the link. The post Germany chart of the day appeared first on Marginal REVOLUTION. Source link

3 months ago

QCEW Employment Change Y/Y to June 2024

The percentage change is less than that for the CES estimate. Does this mean there are a lot fewer people…

3 months ago