My model is the same as Ben-Porath’s from birth to independence. All consumption and all work are invested, for modeling purposes, until schooling ends at full-time job entry. I model this transition at age 20. Pay, realized work, human depreciation and pure consumption all begin...
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might sound like a risk, human understanding comes with its own limits; engineering design is littered with what appeared to be good insights that have had bad consequences. Declarative design rests on all the advances in AI, plus the improving fidelity of simulations to virtuall...
possibility that machines threaten a new fascism must be weighed against the vigor of the liberal ideas, institutions, and norms that Wiener championed throughout the book. The flaw in today’s dystopian prophecies is that they disregard the existence of these norms and institutio...
17.2 Measuring Incremental Progress Toward Human-Level AGI 311 — Example task: Ask the robot about events that occurred at times when it got partic- ularly much, or particularly little, reward for its actions; it should be able to answer simple questions about these, with signif...
17 savings account, and more likely to bet the farm on a bad investment. But the bias also protects and inspires us: it keeps us moving forward rather than to the nearest high-rise ledge. Without optimism, our ancestors might never have ventured far from their tribes and we migh...
violence, like the scale of the industry that produced it, defied anything even the wisest minds could foresee. Eventually the entire world was pulled into the fire. “In the autumn of 1919, in which I write, we are at the dead season of our fortunes,” the economist John Maynard K...
devices that require repair. This allows for cool-headed, rational, and skillful surgeries, while fending off the humanizing emotions of compassion and empathy. This is adaptive. This is a transformation that enables doctors working in war-torn areas or regions afflicted with a d...
reading “pay less prior claims on pay equals earned pay equals gross realized work equals realized work plus realized (recovered) human depreciation”. Prior claims means outflow (transfer out), from sources other than the direct receiver of revenue, which are recovered in it an...
National Wealth Including Human Capital By definition, pure consumption rate is pure consumption divided by total capital. This can be arranged as pure consumption total capital = (8.1) pure consumption rate Next generation theory modeled the pure consumption rate as 3.5% p...
I would tax capital gains as much as ordinary income for the same reason. Level the playing field. Solow saw most of the truth, but didn’t go far enough. Mill saw more. And even Mill stopped short. All we have to do is look at the charts and tables. Capital accumulation does not...
sexist, or X-ist in some cases than others, either because the individual lacks top down control or because they decide to relinquish it. In parallel with Singer’s work on the relationship between pain empathy and our classification of others as fair-minded cooperators or narcis...
bother you most. The war-or-peace dilemmas of foreign policy are an essential case — when they go wrong, they hammer all of us. And we can see in the ripples of global power ideas that are of use in nearly any sphere. How, for instance, to fight a network. The struggle of JIEDDO...
we had ceased to see the human effects of 20 years of
I decided to travel to Geneva in an effort to restore the human rights agenda to its
human rights; hello uncertainty. At least | will 20:37 - CEST