33 years of US prices in one race: hospitals +436%, college +325%, TVs −99%. Wages +196% thread the middle. Baumol's cost disease: what a person does for you got dear; what ships in a container got cheap.
Data: BLS CPI via FRED
#dataviz #economics #inflation
Aaron Becker
Building and publishing a website is the least-gated way to distribute AI-generated content.
No wonder Google, the web's de facto gatekeeper, decided to abandon that role.
Pre-training is the only activity hungry enough for data to bother consuming this infinite tail.
