Original research and commentary on what matters for city success.
City Observatory
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AI bubble about to pop? Brad DeLong: The sudden race of Anthropic, probably OpenAI and SpaceXAITwitterTesla to IPOs that are highly premature from any accounting due-diligence perspective strongly suggests a bunch of well-informed people think now is as good as it gets & they have hit the wall.
Paging @edzitron.com Sam Altman Says OpenAI's Top Token Spender Burns 100 Billion a Month. Or Jabba the Hutt bankrupts an all you can eat buffet. share.google/LZWgRE6M0Sqs...
"Drug and medical equipment companies do spend considerable money in developing their products. The government would have to replace this with public spending. But we already spend roughly $50 billion a year on biomedical research through the National Institutes of Health."
The methodology here is fairly close to "half of families have below median consumption".
"Road safety for vulnerable users must... be understood not merely as a function of street geometry or user behavior, but as a spatial outcome of transportation and land development configurations."
"Norway, which has the lowest roadway fatality rate in the world, reduced fatalities by 31 percent between 2015 and 2024"
"Canada’s roadway fatality rate is 5.03, less than half of that of the United States"
For the metro areas in this report, the pedestrian fatality rate alone is 3.93
