Any chance we may get “lecture notes from courses I’ve given on Politics, Philosophy and Economics, and on opportunity cost.” please.
JQ said “I might turn my attention to a book on the future of the economy, and the case for socialist democracy”
Utilising AutoML and…?
“the perspective of bounded rationality, essentially viewing an AutoML tool as an agent that has to train a model on a given set of data, and the search for a good way of doing so”
From:
“Automated Machine Learning, Bounded Rationality, and Rational Metareasoning”
…
“Taking actions under bounded resources requires an agent to reflect on how to use these resources in an optimal way – hence, to reason and make decisions on a meta-level. In this paper, we will look at automated machine learning (AutoML) and related problems from the perspective of bounded rationality, essentially viewing an AutoML tool as an agent that has to train a model on a given set of data, and the search for a good way of doing so (a suitable “ML pipeline”) as deliberation on a meta-level.” https://arxiv.org/abs/2109.04744
“Fairness in Matching under Uncertainty”
Siddartha Devic, David Kempe, Vatsal Sharan, Aleksandra Korolova
“…As our key contribution, we carefully axiomatize a notion of individual fairness in the two-sided marketplace setting which respects the uncertainty in the merits; indeed, it simultaneously recognizes uncertainty as the primary potential cause of unfairness and an approach to address it. We design a linear programming framework to find fair utility-maximizing distributions over allocations, and we show that the linear program is robust to perturbations in the estimated parameters of the uncertain merit distributions, a key property in combining the approach with machine learning techniques.”
JQ, you asked on CT “I’d be very interested in some links” re ““game-theoretic pragmatics”, as suggested by commenter Rob Chametzky.”
And Stanford appears when searching for “game-theoretic pragmatics”. And scholar link.
I also wanted to remind you of Chemical Game Theory, which includes “the use of metaphorical molecules called “knowlecules”,[1][2] which represent choices and decisions among players in the game.[3][4] Using knowlecules, entropic choices and the effects of preexisting biases are taken into consideration.”
And “coverage adjusted standardized mutual information (CASMI).” “The IRR – Information Recovery Ratio- is not calculable in real datasets because…”
Chemical Game Theory
“Chemical game theory is an alternative model of game theory that represents and solves problems in strategic interactions, or contested human decision making.
“Differences with traditional game theory concepts include the use of metaphorical molecules called “knowlecules”,[1][2] which represent choices and decisions among players in the game.[3][4] Using knowlecules, entropic choices and the effects of preexisting biases are taken into consideration.”… https://en.wikipedia.org/wiki/Chemical_game_theory
*
“CASMI—An Entropic Feature Selection Method in Turing’s Perspective”
Entropy (Basel). 2019 Dec; 21(12): 1179. Published online 2019 Nov 29.
“Health data are generally complex in type and small in sample size. Such domain-specific challenges make it difficult to capture information reliably and contribute further to the issue of generalization. To assist the analytics of healthcare datasets, we develop a feature selection method based on the concept of coverage adjusted standardized mutual information (CASMI). The main advantages of the proposed method are: (1) it selects features more efficiently with the help of an improved entropy estimator, particularly when the sample size is small; and (2) it automatically learns the number of features to be selected based on the information from sample data. Additionally, the proposed method handles feature redundancy from the perspective of joint-distribution. The proposed method focuses on non-ordinal data, while it works with numerical data with an appropriate binning method. A simulation study comparing the proposed method to six widely cited feature selection methods shows that the proposed method performs better when measured by the Information Recovery Ratio, particularly when the sample size is small.
Keywords: feature selection, small sample, healthcare dataset, sample coverage, entropy estimation
…
Definition 2 (Information Recovery Ratio (IRR)).
[Equation]
“The IRR is not calculable in real datasets because (1) there is no knowledge on which features are relevant to the outcome, and (2) the true underlying distributions and associations (including redundancy) of the features and outcomes in real data are unknown. Given the setup of a simulation, we have all the knowledge; hence, the IRR for any group of selected features is calculable.
“The IRR represents the percentage of relevant information in the joint of selected features. It considers feature redundancy by evaluating the mutual information between the joint-feature and the outcome. The range of the IRR is [0,1]. If no relevant features are selected, the IRR is 0. If all the features in the dataset are selected regardless of relevance, the IRR is 1 for certain; therefore, when comparing the performance using the IRR, the number of selected features must be controlled. When the numbers of selected features from different methods are the same, a larger IRR means the joint of the selected features contains more relevant information; hence, the method is more efficient in dimension reduction. The efficiency of a feature selection method is desirable, particularly under small samples.
“To make a comparison between the IRR and the success rate, both evaluate the performance of feature selection methods only when the ground truth is known. The success rate focuses on the ratio of the number of relevant features selected to the total number of relevant features, while the IRR focuses on the ratio of the relevant information in the joint of the selected features to the total relevant information.
King Gillette, imho, deserves at least try out fir a footnote in one of your books JQ.
You wrote in “Too cheap to meter” … ” Governments can, and should, invest in projects whenever the total benefits exceed the costs, regardless of how those benefits are spread over time.”
Until (carbin) steel was cheap, the razor was too expensive.
King Gillette asked Roosevelt to be comany President.
“King “Gillette was also a Utopian Socialist.[16] He published a book titled The Human Drift(1894)[17] which advocated that all industry should be taken over by a single corporation owned by the public”.
Wired in 2008.
“Free! Why $0.00 Is the Future of Business
….
“Clever business models and the falling price of storage, bandwidth, and processing have given rise to a new economy. Call it “freeconomics.”
“AT THE AGE of 40, King Gillette was a frustrated inventor, a bitter anticapitalist, and a salesman of cork-lined bottle caps. It was 1895, and despite ideas, energy, and wealthy parents, he had little to show for his work. He blamed the evils of market competition. Indeed, the previous year he had published a book, The Human Drift, which argued that all industry should be taken over by a single corporation owned by the public and that millions of Americans should live in a giant city called Metropolis powered by Niagara Falls. His boss at the bottle cap company, meanwhile, had just one piece of advice: Invent something people use and throw away.”
…
https://www.wired.com/2008/02/ff-free/
Bought a shaver from the utopuan socialist King Gillette?
“The Human Drift is a work of Utopian social planning, written by King Camp Gillette and first published in 1894.[1] The book details Gillette’s theory that replacing competitive corporations with a single giant publicly owned trust (“the United Company”) would cure virtually all social ills. https://en.wikipedia.org/wiki/The_Human_Drift
King “Gillette was also a Utopian Socialist.[16] He published a book titled The Human Drift(1894)[17] which advocated that all industry should be taken over by a single corporation owned by the public, and that everyone in the US should live in a giant city called Metropolis powered by Niagara Falls. A later book, World Corporation (1910)[18] was a prospectus for a company set up to create this vision. He offered Theodore Roosevelt the presidency of the company, with a fee of one million dollars.[19] (Roosevelt declined the offer.) Gillette’s last book, The People’s Corporation(1924),[20] was written with Upton Sinclair and later inspired Glen H. Taylor. Gillette was initiated to the York Rite of Freemasonry,[21][22][23][24] till his elevation to the highest degree of Grand Master.
“Some peers [who?] in the marketing industry quote him as one of the innovators who revolutionized the freebie marketing ideas.[25] The Gillette Company continued to thrive and sell products under a variety of brand names including Gillette, Braun, Oral-B, and Duracell. In 2005, the Gillette company was sold to Procter & Gamble for US$57 billion. It is now known as Global Blades & Razors, with the Gillette brand, a business unit of Procter & Gamble.” https://en.m.wikipedia.org/wiki/King_C._Gillette
A quote by Hinton for “a couple of book projects” & corporations getting the vote.
“I’m a socialist,” Hinton added. “I think that private ownership of the media, and of the ‘means of computation’, is not good.
And how will voting rights for Corporations alter you Neoliberal or Voting works?
“In Delaware, Corporations Are Dangerously Close to Acquiring the Right to Vote
…
“The legislature has until June 30, when the legislative session ends, to vote on the bill.
“With hundreds of thousands of corporations officially headquarteredin a small Wilmington warehouse, Delaware has long been known for its business fealty. The state’s new legislation would allow corporations to upend the balance of power in Seaford, a small eight thousand–person city twenty miles north of Salisbury, Maryland. Just 340 people voted in the most recent election on April 15 — and the bill would potentially provide as many as 234 votes to businesses in the community.
“Two years ago, lawmakers in Nevada — known as “the Delaware of the West” – considered legislation from its then Democratic governor to allow corporations to create their own governments. Now, Delaware could go even further than that failed legislation, giving limited liability companies, or LLCs, the right to vote not only in referenda, but also in regular municipal elections.
… https://jacobin.com/2023/06/delaware-corporations-voting-legislation-citizens-united
“Why did Chicago become the headquarters of free market fundamentalism? Adam Smith offers a clue.”
Jonathan Levy
June 28, 2023
“Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism
Glory M. Liu
Princeton University Press, $35 (cloth)
“One puzzle in the intellectual history of the twentieth century is why the University of Chicago became the leading bastion of free market economics.
… https://www.bostonreview.net/articles/the-localist/
h/t 3QD
“Rather than breaking capitalism, as Mr. Altman has hinted it could do, A.G.I. — or at least the rush to build it — is more likely to create a powerful (and much hipper) ally for capitalism’s most destructive creed: neoliberalism.” … “”A.G.I. will never overcome the market’s demands for profit.”
~ Evgeny Morozov
“The True Threat of Artificial Intelligence
By Evgeny Morozov
June 30, 2023
…
“Unbeknown to its proponents, A.G.I.-ism is just a bastard child of a much grander ideology, one preaching that, as Margaret Thatcher memorably put it, there is no alternative, not to the market.
“Rather than breaking capitalism, as Mr. Altman has hinted it could do, A.G.I. — or at least the rush to build it — is more likely to create a powerful (and much hipper) ally for capitalism’s most destructive creed: neoliberalism.
“Fascinated with privatization, competition and free trade, the architects of neoliberalism wanted to dynamize and transform a stagnant and labor-friendly economy through markets and deregulation.
“Some of these transformations worked, but they came at an immense cost. Over the years, neoliberalism drew many, many critics, who blamed it for the Great Recession and financial crisis, Trumpism, Brexit and much else.
“It is not surprising, then, that the Biden administration has distanced itself from the ideology, acknowledging that markets sometimes get it wrong. Foundations, think tanks and academics have even dared to imaginea post-neoliberal future.
“Yet neoliberalism is far from dead. Worse, it has found an ally in A.G.I.-ism, which stands to reinforce and replicate its main biases: that private actors outperform public ones (the market bias), that adapting to reality beats transforming it (the adaptation bias) and that efficiency trumps social concerns (the efficiency bias).
“These biases turn the alluring promise behind A.G.I. on its head: Instead of saving the world, the quest to build it will make things only worse. Here is how.
“A.G.I. will never overcome the market’s demands for profit.
…
(Mr. Morozov is the author of “To Save Everything, Click Here: The Folly of Technological Solutionism” and the host of the forthcoming podcast “The Santiago Boys.”)
“False Feedback in Economics: The Case for Replication, by Andrin Spescha
…
“…The thesis of the book is that the main impediment to progress in economics is “false feedback”, which it defines as the false result of an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions. In contrast to scientific fields that work with physical technologies, false feedback is hard to recognize in economics. Economists thus have difficulties knowing where they stand in their inquiries, and false feedback will regularly lead them in the wrong directions.
… https://www.booktopia.com.au/false-feedback-in-economics-andrin-spescha/book/9781032033723.html
“The economic life of cells
“Theory from microeconomics used to predict how biological systems respond to environmental change
…
“Hatakeyama, a biophysicist, was looking at some metabolic system diagrams when he noticed a striking similarity to diagrams used in economics. This realization inspired him to try an interdisciplinary approach and apply economic theory, which he had briefly studied, to his biology research. Along with co-author Jumpei Yamagishi, a graduate student in the same lab, he decided to explore how both consumers and cells optimize their “spending” to maximize gain: Whereas we as consumers spend money, cells “spend” nutrients. They reasoned if there were similarities in this way, then perhaps the same theories that are used to identify patterns in consumer behavior under changing financial situations could also identify patterns in cellular metabolic behavior under changing environments.
“More specifically, the researchers focused on the Slutsky equation, which is used to understand changes in consumer demand. In particular, it is used to understand so-called Giffen goods, which counterintuitively go up in demand when the price increases and go down in demand when the price decreases. According to Hatakeyama, this is similar to cellular metabolic behavior in response to a disturbance. For example, respiration demand (the Giffen goods in this case) in cancer cells goes up, counterintuitively, with increased drug dosage (the “price”), even though this is not beneficial to the growth rate of the cancer. The outcome was that the team uncovered a universal law for how metabolic systems respond to change.
… https://www.u-tokyo.ac.jp/focus/en/press/z0508_00298.html
I thought the Slutsky equation did not fit for Giffen goods.
THE SANTIAGO BOYS
Evgeny Morozov.
A wild tale of how Allende’s engineers and a British management consultant dared challenge corporations and spy agencies – and almost won. Written and presented by Evgeny Morozov. Out on July 22, 2023. For media inquiries, email info@the-santiago-boys.com. Media brief.
John Quiggin 
Thanks JQ.
“John Quiggin Should Write a Book”
https://www.bradford-delong.com/2009/05/john-quiggin-should-write-a-book.html
Any chance we may get “lecture notes from courses I’ve given on Politics, Philosophy and Economics, and on opportunity cost.” please.
JQ said “I might turn my attention to a book on the future of the economy, and the case for socialist democracy”
Utilising AutoML and…?
“the perspective of bounded rationality, essentially viewing an AutoML tool as an agent that has to train a model on a given set of data, and the search for a good way of doing so”
From:
“Automated Machine Learning, Bounded Rationality, and Rational Metareasoning”
…
“Taking actions under bounded resources requires an agent to reflect on how to use these resources in an optimal way – hence, to reason and make decisions on a meta-level. In this paper, we will look at automated machine learning (AutoML) and related problems from the perspective of bounded rationality, essentially viewing an AutoML tool as an agent that has to train a model on a given set of data, and the search for a good way of doing so (a suitable “ML pipeline”) as deliberation on a meta-level.”
https://arxiv.org/abs/2109.04744
“Fairness in Matching under Uncertainty”
Siddartha Devic, David Kempe, Vatsal Sharan, Aleksandra Korolova
“…As our key contribution, we carefully axiomatize a notion of individual fairness in the two-sided marketplace setting which respects the uncertainty in the merits; indeed, it simultaneously recognizes uncertainty as the primary potential cause of unfairness and an approach to address it. We design a linear programming framework to find fair utility-maximizing distributions over allocations, and we show that the linear program is robust to perturbations in the estimated parameters of the uncertain merit distributions, a key property in combining the approach with machine learning techniques.”
[Submitted on 8 Feb 2023 (v1), last revised 16 Jun 2023 (this version, v2)]
https://arxiv.org/abs/2302.03810
JQ, you asked on CT “I’d be very interested in some links” re ““game-theoretic pragmatics”, as suggested by commenter Rob Chametzky.”
And Stanford appears when searching for “game-theoretic pragmatics”. And scholar link.
I also wanted to remind you of Chemical Game Theory, which includes “the use of metaphorical molecules called “knowlecules”,[1][2] which represent choices and decisions among players in the game.[3][4] Using knowlecules, entropic choices and the effects of preexisting biases are taken into consideration.”
And “coverage adjusted standardized mutual information (CASMI).” “The IRR – Information Recovery Ratio- is not calculable in real datasets because…”
Hope these are of some value. ymmv.
*
“Optimality-Theoretic and Game-Theoretic Approaches to Implicature
https://plato.stanford.edu/entries/implicature-optimality-games/
*
Scholarly articles for “game-theoretic pragmatics”
https://scholar.google.com.au/scholar?q=%E2%80%9Cgame-theoretic+pragmatics%E2%80%9D&hl=en&as_sdt=0&as_vis=1&oi=scholart
*
Chemical Game Theory
“Chemical game theory is an alternative model of game theory that represents and solves problems in strategic interactions, or contested human decision making.
“Differences with traditional game theory concepts include the use of metaphorical molecules called “knowlecules”,[1][2] which represent choices and decisions among players in the game.[3][4] Using knowlecules, entropic choices and the effects of preexisting biases are taken into consideration.”…
https://en.wikipedia.org/wiki/Chemical_game_theory
*
“CASMI—An Entropic Feature Selection Method in Turing’s Perspective”
Entropy (Basel). 2019 Dec; 21(12): 1179. Published online 2019 Nov 29.
“Health data are generally complex in type and small in sample size. Such domain-specific challenges make it difficult to capture information reliably and contribute further to the issue of generalization. To assist the analytics of healthcare datasets, we develop a feature selection method based on the concept of coverage adjusted standardized mutual information (CASMI). The main advantages of the proposed method are: (1) it selects features more efficiently with the help of an improved entropy estimator, particularly when the sample size is small; and (2) it automatically learns the number of features to be selected based on the information from sample data. Additionally, the proposed method handles feature redundancy from the perspective of joint-distribution. The proposed method focuses on non-ordinal data, while it works with numerical data with an appropriate binning method. A simulation study comparing the proposed method to six widely cited feature selection methods shows that the proposed method performs better when measured by the Information Recovery Ratio, particularly when the sample size is small.
Keywords: feature selection, small sample, healthcare dataset, sample coverage, entropy estimation
…
Definition 2 (Information Recovery Ratio (IRR)).
[Equation]
“The IRR is not calculable in real datasets because (1) there is no knowledge on which features are relevant to the outcome, and (2) the true underlying distributions and associations (including redundancy) of the features and outcomes in real data are unknown. Given the setup of a simulation, we have all the knowledge; hence, the IRR for any group of selected features is calculable.
“The IRR represents the percentage of relevant information in the joint of selected features. It considers feature redundancy by evaluating the mutual information between the joint-feature and the outcome. The range of the IRR is [0,1]. If no relevant features are selected, the IRR is 0. If all the features in the dataset are selected regardless of relevance, the IRR is 1 for certain; therefore, when comparing the performance using the IRR, the number of selected features must be controlled. When the numbers of selected features from different methods are the same, a larger IRR means the joint of the selected features contains more relevant information; hence, the method is more efficient in dimension reduction. The efficiency of a feature selection method is desirable, particularly under small samples.
“To make a comparison between the IRR and the success rate, both evaluate the performance of feature selection methods only when the ground truth is known. The success rate focuses on the ratio of the number of relevant features selected to the total number of relevant features, while the IRR focuses on the ratio of the relevant information in the joint of the selected features to the total relevant information.
“4.2. Simulation Setup
…
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7514524/
King Gillette, imho, deserves at least try out fir a footnote in one of your books JQ.
You wrote in “Too cheap to meter” … ” Governments can, and should, invest in projects whenever the total benefits exceed the costs, regardless of how those benefits are spread over time.”
Until (carbin) steel was cheap, the razor was too expensive.
King Gillette asked Roosevelt to be comany President.
“King “Gillette was also a Utopian Socialist.[16] He published a book titled The Human Drift(1894)[17] which advocated that all industry should be taken over by a single corporation owned by the public”.
Wired in 2008.
“Free! Why $0.00 Is the Future of Business
….
“Clever business models and the falling price of storage, bandwidth, and processing have given rise to a new economy. Call it “freeconomics.”
“AT THE AGE of 40, King Gillette was a frustrated inventor, a bitter anticapitalist, and a salesman of cork-lined bottle caps. It was 1895, and despite ideas, energy, and wealthy parents, he had little to show for his work. He blamed the evils of market competition. Indeed, the previous year he had published a book, The Human Drift, which argued that all industry should be taken over by a single corporation owned by the public and that millions of Americans should live in a giant city called Metropolis powered by Niagara Falls. His boss at the bottle cap company, meanwhile, had just one piece of advice: Invent something people use and throw away.”
…
https://www.wired.com/2008/02/ff-free/
Bought a shaver from the utopuan socialist King Gillette?
“The Human Drift is a work of Utopian social planning, written by King Camp Gillette and first published in 1894.[1] The book details Gillette’s theory that replacing competitive corporations with a single giant publicly owned trust (“the United Company”) would cure virtually all social ills.
https://en.wikipedia.org/wiki/The_Human_Drift
King “Gillette was also a Utopian Socialist.[16] He published a book titled The Human Drift(1894)[17] which advocated that all industry should be taken over by a single corporation owned by the public, and that everyone in the US should live in a giant city called Metropolis powered by Niagara Falls. A later book, World Corporation (1910)[18] was a prospectus for a company set up to create this vision. He offered Theodore Roosevelt the presidency of the company, with a fee of one million dollars.[19] (Roosevelt declined the offer.) Gillette’s last book, The People’s Corporation(1924),[20] was written with Upton Sinclair and later inspired Glen H. Taylor. Gillette was initiated to the York Rite of Freemasonry,[21][22][23][24] till his elevation to the highest degree of Grand Master.
“Some peers [who?] in the marketing industry quote him as one of the innovators who revolutionized the freebie marketing ideas.[25] The Gillette Company continued to thrive and sell products under a variety of brand names including Gillette, Braun, Oral-B, and Duracell. In 2005, the Gillette company was sold to Procter & Gamble for US$57 billion. It is now known as Global Blades & Razors, with the Gillette brand, a business unit of Procter & Gamble.”
https://en.m.wikipedia.org/wiki/King_C._Gillette
A quote by Hinton for “a couple of book projects” & corporations getting the vote.
“I’m a socialist,” Hinton added. “I think that private ownership of the media, and of the ‘means of computation’, is not good.
“If you view what Google is doing in the context of a capitalist system, it’s behaving as responsibly as you could expect it to do. But that doesn’t mean it’s trying to maximise utility for all people: it’s legally obliged to maximise utility for its shareholders, and that’s a very different thing.”
…
https://www.theguardian.com/technology/2023/may/04/bernie-sanders-elon-musk-and-white-house-seeking-my-help-says-godfather-of-ai
*
And how will voting rights for Corporations alter you Neoliberal or Voting works?
“In Delaware, Corporations Are Dangerously Close to Acquiring the Right to Vote
…
“The legislature has until June 30, when the legislative session ends, to vote on the bill.
“With hundreds of thousands of corporations officially headquarteredin a small Wilmington warehouse, Delaware has long been known for its business fealty. The state’s new legislation would allow corporations to upend the balance of power in Seaford, a small eight thousand–person city twenty miles north of Salisbury, Maryland. Just 340 people voted in the most recent election on April 15 — and the bill would potentially provide as many as 234 votes to businesses in the community.
“Two years ago, lawmakers in Nevada — known as “the Delaware of the West” – considered legislation from its then Democratic governor to allow corporations to create their own governments. Now, Delaware could go even further than that failed legislation, giving limited liability companies, or LLCs, the right to vote not only in referenda, but also in regular municipal elections.
…
https://jacobin.com/2023/06/delaware-corporations-voting-legislation-citizens-united
“Why did Chicago become the headquarters of free market fundamentalism? Adam Smith offers a clue.”
Jonathan Levy
June 28, 2023
“Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism
Glory M. Liu
Princeton University Press, $35 (cloth)
“One puzzle in the intellectual history of the twentieth century is why the University of Chicago became the leading bastion of free market economics.
…
https://www.bostonreview.net/articles/the-localist/
h/t 3QD
“Rather than breaking capitalism, as Mr. Altman has hinted it could do, A.G.I. — or at least the rush to build it — is more likely to create a powerful (and much hipper) ally for capitalism’s most destructive creed: neoliberalism.” … “”A.G.I. will never overcome the market’s demands for profit.”
~ Evgeny Morozov
“The True Threat of Artificial Intelligence
By Evgeny Morozov
June 30, 2023
…
“Unbeknown to its proponents, A.G.I.-ism is just a bastard child of a much grander ideology, one preaching that, as Margaret Thatcher memorably put it, there is no alternative, not to the market.
“Rather than breaking capitalism, as Mr. Altman has hinted it could do, A.G.I. — or at least the rush to build it — is more likely to create a powerful (and much hipper) ally for capitalism’s most destructive creed: neoliberalism.
“Fascinated with privatization, competition and free trade, the architects of neoliberalism wanted to dynamize and transform a stagnant and labor-friendly economy through markets and deregulation.
“Some of these transformations worked, but they came at an immense cost. Over the years, neoliberalism drew many, many critics, who blamed it for the Great Recession and financial crisis, Trumpism, Brexit and much else.
“It is not surprising, then, that the Biden administration has distanced itself from the ideology, acknowledging that markets sometimes get it wrong. Foundations, think tanks and academics have even dared to imaginea post-neoliberal future.
“Yet neoliberalism is far from dead. Worse, it has found an ally in A.G.I.-ism, which stands to reinforce and replicate its main biases: that private actors outperform public ones (the market bias), that adapting to reality beats transforming it (the adaptation bias) and that efficiency trumps social concerns (the efficiency bias).
“These biases turn the alluring promise behind A.G.I. on its head: Instead of saving the world, the quest to build it will make things only worse. Here is how.
“A.G.I. will never overcome the market’s demands for profit.
…
(Mr. Morozov is the author of “To Save Everything, Click Here: The Folly of Technological Solutionism” and the host of the forthcoming podcast “The Santiago Boys.”)
Evgeny Morozov
“He was named one of the 28 most influential Europeans by Politico in 2018.[1] ”
https://en.wikipedia.org/wiki/Evgeny_Morozov
Andrew Gelman:
“Also relevant to this discussion is the recent book, False Feedback in Economics: The Case for Replication, by Andrin Spescha”
In “The vicious circle of corroboration or pseudo-confirmation in science and engineering”
https://statmodeling.stat.columbia.edu/2023/07/10/the-vicious-circle-of-corroboration-or-pseudo-confirmation-in-science-and-engineering/
“False Feedback in Economics: The Case for Replication, by Andrin Spescha
…
“…The thesis of the book is that the main impediment to progress in economics is “false feedback”, which it defines as the false result of an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions. In contrast to scientific fields that work with physical technologies, false feedback is hard to recognize in economics. Economists thus have difficulties knowing where they stand in their inquiries, and false feedback will regularly lead them in the wrong directions.
…
https://www.booktopia.com.au/false-feedback-in-economics-andrin-spescha/book/9781032033723.html
“Andrin Spescha’s research while affiliated with ETH Zurich and other places
https://www.researchgate.net/scientific-contributions/Andrin-Spescha-2124015696
Microeconomics inspired biology.
“The economic life of cells
“Theory from microeconomics used to predict how biological systems respond to environmental change
…
“Hatakeyama, a biophysicist, was looking at some metabolic system diagrams when he noticed a striking similarity to diagrams used in economics. This realization inspired him to try an interdisciplinary approach and apply economic theory, which he had briefly studied, to his biology research. Along with co-author Jumpei Yamagishi, a graduate student in the same lab, he decided to explore how both consumers and cells optimize their “spending” to maximize gain: Whereas we as consumers spend money, cells “spend” nutrients. They reasoned if there were similarities in this way, then perhaps the same theories that are used to identify patterns in consumer behavior under changing financial situations could also identify patterns in cellular metabolic behavior under changing environments.
“More specifically, the researchers focused on the Slutsky equation, which is used to understand changes in consumer demand. In particular, it is used to understand so-called Giffen goods, which counterintuitively go up in demand when the price increases and go down in demand when the price decreases. According to Hatakeyama, this is similar to cellular metabolic behavior in response to a disturbance. For example, respiration demand (the Giffen goods in this case) in cancer cells goes up, counterintuitively, with increased drug dosage (the “price”), even though this is not beneficial to the growth rate of the cancer. The outcome was that the team uncovered a universal law for how metabolic systems respond to change.
…
https://www.u-tokyo.ac.jp/focus/en/press/z0508_00298.html
I thought the Slutsky equation did not fit for Giffen goods.
THE SANTIAGO BOYS
Evgeny Morozov.
A wild tale of how Allende’s engineers and a British management consultant dared challenge corporations and spy agencies – and almost won. Written and presented by Evgeny Morozov. Out on July 22, 2023. For media inquiries, email info@the-santiago-boys.com. Media brief.
https://the-santiago-boys.com/
santiago_boys_media_sheet.pdf
https://drive.google.com/file/d/1u_8Vg6rmFvNfGQPRo0Vwbpb9ZSCTcSmr/view
santiago_boys_media_sheet.pdf
https://drive.google.com/file/d/1u_8Vg6rmFvNfGQPRo0Vwbpb9ZSCTcSmr/view
Santiago Boys more than Chicago Boys.