akavi
Joined 15 years ago
Joined 15 years ago
Spending on food as a percent of income has declined significantly (~30%) over the past 50 years: https://ourworldindata.org/grapher/food-expenditure-share-fa.... The decline has flatlined over the past ~20 years, but at least some of that is affluence meaning we choose to eat out instead of cooking at home.
House spending as a percent of income also seems to have declined over the past 50 years (https://economistwritingeveryday.com/2023/04/26/spending-on-...). To be honest, this one surprised me, I would've bet the other way.
“Compiles” to SQL, but with a different structural paradigm.
(To be clear, I think the latter is both descriptively true and normatively good)
(while AFAICT Google hasn't explicitly said so, it's almost certainly also powered by an autoregressive transformer model, just like ChatGPT)
The top 10% of households by wage income do receive ~50% of pre-tax wage income, but:
1) our tax system is progressive, so actual net income share is less
2) there's significant post-wage redistribution (social security/medicaid)
3) that high income households consume a smaller percent of their net income is a well established fact.
The article in general takes the approach of listing a small handful of (usually very small) polities that have one of Mamdani's proposed policies, and then claim that the full suite is therefore "normal" across Europe.
10 billion is gonna be the high end by the looks of things, and that decline is going to be hardly conducive to utopia. The math of dependency ratios is inescapably painful.
There's absolutely no inherent equilibrating force that will stabilize global fertility rates at replacement. Many countries have blown by replacement (the USA included) and continue on a downward trend year over year.
My understanding is that GPT5 already does this by varying the quantity of CoT done (in addition to the kind of super-model-level routing described in the post), and I strongly suspect it's only going to get more sophisticated
> People working two jobs and living in food deserts aren’t cooking a lot of meals at home
The percent of people with multiple jobs has declined over the past 30 years: https://fred.stlouisfed.org/series/LNS12026620 (longest time series I could find)