The other British invasion: how UK lingo conquered the US
Cheeky words
A collection of keyboard shortcuts for Mac apps, Windows programs, and websites → UseTheKeyboard
If all these are up-to-date, it’s a pretty useful compilation.
North Korea’s trash balloons explained
Um…what?
Where Americans Have Been Moving Into Disaster-Prone Areas
Bad service is a sign of a better world – Economist Writing Every Day
Interesting argument: the world got better to the point that people now have more opportunities to go live their own lives, no longer restricted to being lower class servants for others. Therefore, the remaining servants are fewer and not compensated enough to warrant spending lots of time making only your life easier.
The ABC’s of Who Benefits from Working with AI: Ability, Beliefs, and Calibration | NBER
However, holding ability constant, AI assistance is more valuable for people who are calibrated, meaning they have accurate beliefs about their own ability. People who know they have low ability gain the most from working with AI. In a counterfactual analysis, we show that eliminating miscalibration would cause AI to reduce performance inequality nearly twice as much as it already does.
Hours Worked and Lifetime Earnings Inequality | NBER
Higher lifetime hours contribute to lifetime earnings via two channels: a direct channel (more hours spent in production at given productivity) and a human capital channel (more hours spent investing in human capital, which increases future productivity). Between a third and a half of the effect of lifetime hours on lifetime earnings is due to the human capital channel. Our model implies that policies that limit long hours have important effects on both the mean and variance of lifetime earnings.
No posts