Steve Randy Waldman
@interfluidity.com

we hear it over and over and yet. no exit.

in reply to this
Steve Randy Waldman
@interfluidity.com

I guess because they've made them available to run locally (where OpenAI models might not in fact be heavier, their nonavailability makes them seem infinitely heavy, you can't run them yourself), and because their API pricing is much cheaper.

in reply to this
Steve Randy Waldman
@interfluidity.com

I may not be getting it? If the income you to some degree superintend is spread across households, they can each give up to the cap, but you still end up with only 60% of the sum donated. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

I'm far from a tax accountant, but some things you might try would be to reduce your taxable income before any donations. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

If you are running any kind of business, you could buy business equipment and deduct up to $1M rather than depreciate it. Or find customers or vendors you'd like to support and offer prices that yield a loss. (You'd want to clear this with a lawyer I think, though.) /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

Good luck finding a way!

in reply to this
Steve Randy Waldman
@interfluidity.com

(can you donate 100%? i think there may be a 50% cap, maybe increasing to 60% for 2024? www.irs.gov/charities-no... www.stjude.org/give/giving-... regardless, i applaud the middle finger!)

in reply to this
Steve Randy Waldman
@interfluidity.com

as long as it is not also preclusory.

in reply to this
Steve Randy Waldman
@interfluidity.com

yes. that’s i guess the kind of thing i’m trying to think through. like the association with surpluses would be productivity > wages *not matched* by “democratization of credit” style welcoming of inflows as private consumer debt or welfare state consumption financed by public debt.

in reply to this
Steve Randy Waldman
@interfluidity.com

“What sort of libertarian is so angry about enforced mask-wearing, but so relaxed about other, greater, infringements of liberty? …What [putative right-wing libertarians] are doing is not asserting liberty so much as denying the existence of collective action problems.”

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Steve Randy Waldman
@interfluidity.com

(i’m responding to this thread in the bad place attributing surpluses to productivity > wages x.com/michaelxpett... i guess the question is to what do you attribute productivity > wages not leading to surpluses, instead to those net inflows, in the US?)

x.com

in reply to this
Steve Randy Waldman
@interfluidity.com

@michaelpettis.bsky.social hasn’t the US also chronically kept wage growth lower than productivity? but the result has hardly been balance of payments surpluses. to what do you attribute that? nonwage compensation costs? “capital” inflows financing excess consumption?

Steve Randy Waldman
@interfluidity.com

in my dream, once you ran AI software on a microchip it didn’t matter what you ran afterwards. the microchip had become sentient.

Steve Randy Waldman
@interfluidity.com

might one think that precisely because it solves only the most obviously egregious sliver of much larger real problems, passing it might render it politically more difficult to solve the more pressing rest, and so be counterproductive?

in reply to this
Steve Randy Waldman
@interfluidity.com

i gotta disagree. incumbency creates in practice all kinds of advantages, democracy is people choose their leaders in the context of institutional constraints that help those choices yield good outcomes. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

among the most important constraints is turn-taking: when “we” rule we are chastened by the sure knowledge we will be ruled by others. when they rule, vice versa. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

absent term limits, incumbency advantage can short circuit turn-taking, allowing entrenched incumbents to abuse power without fear of retaliation when it’s someone else’s turn. 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

we need term limits for Congress too, as incumbency advantage renders many positions uncontestable in both primary and general elections. 4/

in reply to self
Steve Randy Waldman
@interfluidity.com

yes, i know the argument against that term limits shift power from electeds to unelected permanent staff. the answer to that is to reemphasize (which means use electoral reform to reconstruct) political parties. 5/

in reply to self
Steve Randy Waldman
@interfluidity.com

political parties, not individuals, are the repository of legislative experience. when electeds draw on party staff, that staff has influence in proportion to the degree the party has won elections. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

📌

in reply to this
Steve Randy Waldman
@interfluidity.com

at least it looks like he’s trying to do it by Constitutional amendment, the legitimate but also in this case an unlikely result.

in reply to this
Steve Randy Waldman
@interfluidity.com

soon… soon…

in reply to this
Steve Randy Waldman
@interfluidity.com

a bit more seriously, though yes it’d take some work to get the apparent quality high, make sure the citations are real, etc, would this be so different than the role of a think tank?

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Steve Randy Waldman
@interfluidity.com

a great thing about LLMs, if there’s not already a literature that supports your position, there can be one pretty quickly!

Steve Randy Waldman
@interfluidity.com

📌

in reply to this
Steve Randy Waldman
@interfluidity.com

in business and in France, ROI is king.