Looks like Fed needs a task force for ethics (and common sense).
Rebecca: "Chaps, Alexi left us"
Zlatan: "Who?
Rebecca: "Alexi will be back, Alexi will be back with us very soon"
Thierry: "Your plan worked, Rebecca"
Rebecca: "Don't you bring me into this, no chance"
Zlatan: "America, you're welcome"
lmaooooooooooooooooo
New pod: THE TRUMP CORRUPTION SCANDAL DRAFT, with Isaac Saul
This is the most corrupt administration in US history, with too many scandals to track. So Isaac and I ranked the worst of the absolute worst with a draft. Very fact-packed, very fun, very depressing.
www.youtube.com/watch?v=_7zW...
Great piece from the WSJ exposing the fake winning bets in influencers' videos promoting Polymarket www.wsj.com/business/med...
Video
The prediction market has flooded social media with deceptive videos by paid creators. ‘Is this just free money?’
Really cool (and somewhat freighting) work on Gen AI use and highschool performance in China. Homework Scores rocket up, time spend doing homework collapses, then predictably exam scores are way down. Results show bimodal response ~75% see scores drop, the other 20-25% keep doing the work.
Michelle Bowman, the Federal Reserve’s vice chair of supervision, spoke at an invitation-only, private dinner that Bank of America hosted for clients in New York on Wednesday evening, hours after the central bank announced its latest policy decision www.wsj.com/economy/cent...
New pod: THE TRUMP CORRUPTION SCANDAL DRAFT, with Isaac Saul
This is the most corrupt administration in US history, with too many scandals to track. So Isaac and I ranked the worst of the absolute worst with a draft. Very fact-packed, very fun, very depressing.
www.youtube.com/watch?v=_7zW...
Using 30 months of panel data on 26,811 Chinese students in grades 7-12, we study how generative AI affects homework productivity and learning. The data combine