After the 2008 economic crisis - two pro-austerity economist ghouls, Carmen Reinhart and Kenneth Rogoff created an economics paper that said (Surprise!) austerity is good! And the media regurgitated that shit as gospel and governments used the paper as an excuse for austerity.
It’s 2010, and the world is coming out of recession. Two Harvard professors–one of whom is a former economist for the IMF and chess Grandmaster–publish a paper suggesting that a country with a high public debt-to-GDP ratio of over 90% is associated with low economic growth. Turns out the Excel model the professors use is riddled with some basic statistical and formula errors. The results potentially lead to incorrect economic policies, austerity measures, and high unemployment around the world.
At least in that case there were two human beings the bullshit could be directly connected to. But now…
Turns out the Excel model the professors use is riddled with some basic statistical and formula errors.
Didn’t something similar happen with the Freakonomics guys? It seems like a disturbing amount of policy consensus is derived from boomers misusing Excel.
The
presidency
After the 2008 economic crisis - two pro-austerity economist ghouls, Carmen Reinhart and Kenneth Rogoff created an economics paper that said (Surprise!) austerity is good! And the media regurgitated that shit as gospel and governments used the paper as an excuse for austerity.
At least in that case there were two human beings the bullshit could be directly connected to. But now…
The fucking bots are running the show!
We were promised the cool Terminator/Matrix robot apocalypse. Instead we got fascism by ChatGPT.
I torrented the movie but I still want a refund. :(
Didn’t something similar happen with the Freakonomics guys? It seems like a disturbing amount of policy consensus is derived from boomers misusing Excel.
So when it goes bad, we’ll get “We didn’t do it, AI did!”
i just got back from Tesla Presents: The Pentagon and they say China hacked our tariff AIs