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Replying to @delong
What say the remnant denizens of this dumpster fire? Is it time to leave Twitter for good?
23%Hell, YES!
14%What took you so long?
17%Yes!
46%Other
109 votes ⢠Final resultsCROSSPOST: ROBERT RUBIN: In Six Decades of Public Life, I Never Thought I Would Write This Piece. The underestimated one particular potential threat to our economic future: President Trumpās clearly expressed desire to interfere with and even usurp the midterm... (1/2)
Dan Drezner has a plea for the Wall Street Journal to stop publishing āsteaming piles of horseshitā until they figure out what is actually going on with the op-ed contributors. (1/4)
...Ellis argues that the faculty moved left and therefore socialists win. Drezner notes that Ellis, a former German professor, provides no causal evidence to support this claim... (3/4)
...The Wall Street Journal has ridden its horses down a certain lane for near unto a century. Read more here: braddelong.substack.com/p/cr⦠(4/4) END
There are signs that corporate AI spending has stopped growing. Usage is still rising, but token prices are falling. OpenAI cut its own prices by about a third, both to compete with Anthropic and to keep firms from building on cheap or free models. (1/4)
...Companies are being driven to be AI-adopters out of the fear that if they do not have natural-language interfaces, or if they are too slow or error-prone, competitors will insert themselves between the laggard company and its customers and profits will evaporate.... (3/4)
...The slowdown in token spending growth is partly Anthropicās Claude premium under massive pressure. What would spending look like if prices had held at spring levels? Nobody knows. <braddelong.substack.com/p/spā¦> (4/4) END
I set up an email ābotā to honor #handcarry, a tag meaning do not file this, bring it to me NOW! It is my escape hatch from the bureaucracy. But the bot drifted. (1/4)
Unlike surly agents, this failure was silent and obedient. It was a model bureaucrat whose output reached no one. It did not refuse, it was not idle, and it did not sulk. It simply turned my escape hatch into a new filing cabinet. (3/4)
The promise is that machines will adapt to work smoothly with us, but my ābotā took the tag and filed it away. braddelong.substack.com/p/wh⦠(4/4)
Past waves of automation have followed a script. Agriculture mechanized, got cheap, and shrank as a share of GDP, and value moved to manufacturing. Manufacturing automated and shrank, and value moved to services. Ben Moll and Alex Imas argue AI will follow that script... 1/
...rather than break it. Cheap cognition will push spending toward what stays scarce: nurses, teachers, waiters, local knowledge, power plants, Zeiss mirrors:
**CROSSPOST: Ben Moll & Alex Imas: Will AI Soon Lead to Double-Digit [Annual Economic] Growth?**
The subheadline... 2/
...is: āProbably not. Here is why.ā We ae not going to all move into the metaverse and wear sensory suits, which is what would be required for double-digit annual growth rates...
< braddelong.substack.com/p/cr⦠>
2026-10-18 3/END
Freddie deBoer says everyone ignores high-quality evidence that pedagogy and policy make little difference. Test-score gains fade. And, indeed, I could not come close today to the scores I got long ago on my linear algebra exams without a lot of boning-up on the subject... 1/
...year. Papers on the other side suffer from weak instruments, file drawers, and forking paths. Policy matters. Pedagogy matters. The question is which ones, and howā¦
**In Which a Pedagogical Decision to Keep People from Majoring in Economics Has Massive Consequences... 3/
...CHART/ANNOYANCE OF THE DAY**
Provoked by Jack Despain Zhou:, who has had it up to here & higher with Freddie deBoerā since a year of schooling pays off 6ā15%, how & what we teach cannot be irrelevant...
< braddelong.substack.com/p/in⦠>
2026-10-17 4/END
