It's nicer when we think we know something.
From Little Big Man, 1970:
Silas T. Meriweather: He gave you a vision of moral order in the universe, and there isn't any.
Those stars twinkle in a void, dear boy, and the two-legged creature schemes and dreams beneath them, all in vain. ALL in vain, Jack.
Two-legged creature will believe anything. And the more preposterous the better.
Whales speak French at the bottom of the sea. The horses of Arabia have silve…
Boomer, GenX und Millenials sind in einer Welt weitgehend ohne AI und AI Slop groß geworden. Das hilft uns zumindest ein bisschen, AI Slop zu erkennen. Jedenfalls noch. Für jüngere Generationen ist AI Slop „normal“, und das wird der Gesellschaft spätestens dann auf die Füße fallen, wenn GenZ in Führungspositionen kommt. #justthinkin
Die #Gartengrasmücke – klein, unscheinbar und doch ein großer Sänger!
Mit ihrem lauten Gesang und schnellen Tonfolgen begeistert sie vor allem im #Frühling. Sie versteckt sich gern in dichtem Gebüsch und ist schwer zu entdecken. Doch
I think this should be off-putting for any self-respecting NZer. The parties should also, perhaps, lose popular support due to their willingness to accept the money. https://www.rnz.co.nz/news/in-depth/589237
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Rechte wollen öffentlich-rechtliche Medien verzwergen.
Unsere haben heute in der Schweiz eine Schlappe eingefahren,
aber sie sehen sich als Sieger und machen klar, dass sie die SRG weiter angreifen und gnadenlos ihr Ziel verfolgen werden.
Das heute war der dritte Angriff in elf Jahren.
Krass.
Wenn das andere Parteien machen würden, wäre die SVP die erste, die rufen würde: Zwängerei!
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Industrial Policy with Network Externalities: Race to the Bottom vs. Win-Win Outcome
Nigar Hashimzade, Haoran Sun
https://arxiv.org/abs/2603.29542 https://arxiv.org/pdf/2603.29542 https://arxiv.org/html/2603.29542
arXiv:2603.29542v1 Announce Type: new
Abstract: Industrial policy has returned to the centre of economic governance, particularly in the high-tech sectors where positive network externalities in demand make market dominance self-reinforcing. This paper studies the welfare effects of an industrial policy targeting a sector with network externalities in a two-country model with strategic trade and R&D investment. We show how the welfare consequences of this policy are determined by the interaction between the strength of the externality, the type of R&D, and the degree of product differentiation between the home and the imported goods. When externalities are weak or the goods are close substitutes, the business-stealing effect produces a race to the bottom that dissipates more surplus than it creates. Under sufficiently strong externalities and weak substitutability or complementarity of the goods, industrial policy competition can make both countries simultaneously better off compared to the laissez-faire outcome because of the mutual business-enhancement effect. The case is stronger for the product innovation than for the process innovation, as the former directly affects the demand and triggers a stronger network effects than the latter which operates indirectly through the supply. Thus, the network externalities create an opportunity for a win-win industrial policies, but its realisation depends on the market structure and the nature of innovation.
toXiv_bot_toot