-
Stanford just surveyed 1,500 workers and AI experts about which jobs AI will actually replace and automate
→ Workers don’t want full automation. They want partnership. 46.1% of tasks got positive automation ratings, but here’s the kicker: Workers prefer “H3 equal partnership” with AI over full replacement. → Scientists divided AI adoption into 4 zones based on worker desire vs. technical capability. 41% of startup investments are going to the WRONG zones,…
-
Attack When the World Is Not Watching? US News and the Israeli-Palestinian Conflict
-
Chinese firms invest more, are more productive, but earn less profit
In nearly all industries, Chinese firms invest more, are more productive, but earn less profit. OECD MAnufacturing Groups and Industrial Corporations (MAGIC) database—that they draw on to do this, and have written several other reports comparing industrial policies and subsidies across countries. In other recent work they look at semiconductor subsidies across the globe. Firms…
-
Why did U.S. house prices stay so resilient while those in Sweden & Canada saw sharp corrections?
Mortgage markets are not one-size-fits-all. The U.S. is dominated by 30yr fixed-rate mortgages (FRMs). In contrast, Canada, the UK, and Sweden have much higher shares of adjustable-rate (ARMs) or short-term fixed mortgages. Institutional details matter for transmission In an FRM country like the U.S., rising rates create a “lock-in” effect. If you have a 3%…
-
Why do masses support democratic backsliding?
The findings emphasize the role of leader attachment and affective polarization. Synthesizing research across subfields, there’s 5 theoretical explanations for why people support backsliding: personalistic leadership, affective polarization, populism, majoritarianism, and entanglement with the law. It then test these accounts using panel data. The strongest predictors of support for the judicial overhaul are attachment to…
-
how autocrats use redistributive messaging to claim democratic legitimacy—and show it can shape public opinion
The conventional wisdom often associates democracies with redistribution, but leaders in autocracies—both historical and modern—often publicize their redistribution efforts in their political communication. one potential explanation is that autocrats use such propaganda to boost their democratic legitimacy. It works because people often put a non-negligible weight on social equity in their understanding of “democracy” https://www.science.org/doi/10.1126/science.adp1274…
-
Have you ever wondered how social networks differ by gender?
Have you ever wondered how social networks differ by gender? Men almost always have a lower share of female friends than women do, but the degree varies: Across countries, the CGFR is strongly predictive of gender differences in labor force participation. Within countries, we also find a strong correlation with gender attitudes in the World…
-
MIT “Your Brain on ChatGPT”
The most clear-cut finding is fairly obvious and intuitive. If you tell people to write an essay with an LLM, they will obviously not remember what they “wrote” (or likely, wholesale copy/paste/edited from a chatbot) as well as someone *not* using an LLM. The people recruited for this study are not only WEIRD (“Western, educated,…
-
female economics PhD students benefit tremendously from having female economics faculty around
When female professors go on leave, it decreases third-year female Ph.D. students’ likelihood of publishing papers and securing academic positions. Male Ph.D. students in the same cohort benefit from this absence, seeing an increase in their publishing and placement prospects. Their estimates imply that “one additional female senior professor in each top-50 economics department would…
-
Using the best methods, the IQ and Income correlation is quite substantial