cheriot

Joined 17 years ago

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1,310
Member since
Mar 11
my username @gmail.com
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Recent submissions

Comment · 5 days ago
Is there a description of what Meta to help Flavio? The article just makes vague assertions.
Comment · 29 days ago
It's a matter of time until Alexa, Google Home, and Siri leverage their device ecosystems to pull users into their Muse/Instinct alternative (whatever we end up calling this market).

This looks like a really smart way for Meta to bootstrap a hardware ecosystem around Muse.

Comment · 29 days ago
Needing a token to call someone's API seems reasonable to me.
Comment · 1 month ago
Something about large debts and widespread cheating makes me think we don't need so many students staying for 4 years.

Maybe more coop programs and less class time.

Comment · 2 months ago
If you don't like the data I used offer data that's more informative. You've failed to do that.

Denying reality by nit picking the best data available is not useful.

Comment · 2 months ago
You seem stuck on the idea that real wages have declined within the last 10 years. Is this vibes or real data? Because nit picking data to justify vibes and dropping the thought there is dumb.

Gold is a market where price moves for reasons unrelated to price level. It was stagnant for decades because rich country consumers value it less and now it's on a run as the US weaponizes the monetary system. It's just not useful to represent inflation over the last 10 years.

Housing is even worse. Unlike dollars and gold, every house is unique and in a different location. It's one of the least useful parts of CPI for the same reason it's a worse deflator on it's own.

I use CPI because it's useful, it exists, and it has less problems than the alternatives on a 10 year chart. We're not comparing to a basket of hand sewn shoes and a horse from the 1820s.

Comment · 2 months ago
My analysis was "Doesn't look so dire to me?" and I don't think the point you raised leads to a different conclusion.

I can tell you know the topic well, but we're at the same place CPI criticism always come back to: "It's flawed, but the alternatives are worse, don't exist, or in some way not practical."

Comment · 2 months ago
Then what number would you use instead? A "correct methodology" that's not done is useless.

Complaining about CPI to defend using nominal values poorly is not improving the article's analysis.

Comment · 2 months ago
Agree that measuring inflation is complex and expensive. It also glosses over devices getting new features and networks improving latency and bandwidth.

Unfortunately alternative measures are worse. Gold increased in price 37% in the last year. What does that tell me about the price of groceries? Housing prices depend on government committees approving what can be built where. We have no idea what a free market would produce.

Comment · 2 months ago
I am in favor of apples-to-apples comparisons and viewing data points in context. Now sure how that has to with fiscal deficits.
Comment · 2 months ago
> credit card debt hit an all-time high last year ($1.28 trillion, Q4 2025)

Let me inflation adjust that for you: https://fred.stlouisfed.org/graph/?g=1XUpo. Even better, as a percentage of disposable income: https://fred.stlouisfed.org/graph/?g=1XUpt

> real hourly wages, only 3%

Median usual weekly real earnings: Wage and salary workers: 16 years and over: https://fred.stlouisfed.org/graph/?g=1XUpE. Doesn't look so dire to me?

Whenever I see someone quoting economic statistics I look them up on FRED and zoom out a little. Usually I close the article at that point. The "Ongoing collusion" table in this article is interesting, though. Capitalism breaks down without competition.

Comment · 2 months ago
> By sending an email that repels all but the most gullible the scammer gets the most promising marks to self-select, and tilts the true to false positive ratio in his favor.

There's less need to identify the most gullible when AI drops the incremental cost of responding closer to zero.

Comment · 2 months ago
While he was still living on his own, my grandfather struggled with people sending him scam letters in the mail. He sent a meaningful amount of money to obvious scams despite being a shrewd businessman all his life. AI will take these cons to another level.

Is there any way to help the elderly navigate this shift?

Comment · 2 months ago
Agree with this. LLMs multiply the human user's ability. More ability, more impact!

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