This is a good one. Why is it a good one to me. As you get to the end of this, we start to learn about what is changing in the realm of manufacturing and Labor. I do not believe it has changed as much as you have read. Without Labor Input there is little […]
Denying Healthcare to citizens of th United States is not unusual for Republicans. It is a common threat. It is not a gift to citizens. It is a right to have healthcare in the United States for every citizen. On this topic? Besides myself, Charles, Maggie and many of us had the same topics. One […]
– by New Deal democrat I’ve been ambivalent about whether the mania for AI is a Boom or a Bubble. That’s because whether its use is transformative or, like Steve Jobs’ claims that the Segway would revolutionize transportation, not so much. But what has become increasingly clear is that virtually the entire economy has been […]
J.P. McJefferson Thoughts J.P. McJefferson Artificial intelligence (AI) has become one of the most discussed technologies of our time. Governments around the world are debating regulations. Legislatures are holding hearings. Experts are proposing safeguards. Companies are publishing ethical principles. Yet amid all this activity, one critical issue receives surprisingly little public attention: AI is a […]
The idea of a robotaxi appeals to me. The day is not far off when someone—my wife, my daughter—will tell me I’m no longer safe behind the wheel. It would certainly be handy to call or text a robotaxi to drive to the grocery store, a show or a dentist appointment. So is that happening? […]
Recently, I read a bit about climate change. Apparently, it is felt we did what we could do to minimize what we do today and to minimize Climate Change from our own actions. It was more likely than not, not enough, In AZ and even though it is illegal, Many vehicles have altered exhaust systems. […]
I thought this would be interesting now as compared to a month ago when David Zetland posted on AI. David’s experiment with AI is a comparison to an earlier commentary by him. Both his and AI’s commentary: “AI’s impacts on learning” can be found at the link. David start’s off by asking a question of […]
Just saw this on FB, although the report apparently came out last year: “Physicists confirmed that clocks in two rooms at identical heights separated by only 10 meters horizontally run at measurably different speeds — not because of gravity differences but because local mass distribution differences create subtly different spacetime curvatures detectable by modern optical […]
Twenty years ago, Professor Edward Leamer gave an important presentation at the Fed’s Jackson Hole meeting entitled “Housing IS the Business Cycle.” The current environment is putting that hypothesis to a very severe test. Because by all accounts housing has deteriorated sufficiently that a recession should already have begun months ago. In fact, the current […]
The inflationary, “K”-shaped T—-p economy – by New Deal democrat There are times when the economy is undergoing such a profound shift that there is suddenly a lot to say. This is one of those times. I have been meaning to put up a post like this for several weeks. Let me at least make some […]