echopurity's comments

echopurity | 4 years ago | on: Major Quantum Computing Advance Made Obsolete by Teenager (2018)

>Kerenidis and Prakash proved that a quantum computer could solve the recommendation problem exponentially faster than any known algorithm

That's not a proof. It's a few hopeful examples.

The current proof only appears stunning to those who were formerly satisfied with weak evidence.

echopurity | 4 years ago | on: The Winners of Remote Work

Going out of business isn't the same as losing at working from home. Going out of business is usually not working.

Otherwise this article would just be the fairly obvious statement that people who kept their jobs are "winners" over those who lost their jobs.

echopurity | 4 years ago | on: Inequality, Interest Rates, Aging, and the Role of Central Banks

>New research suggests that ... the drop in interest rates has been caused by changes in population structure and by shifts in the distribution of income.... In most economies, baseline interest rates are “set” by central banks.

No need for quotes here. People at central banks literally set the baseline interest rate. There's not much evidence for attributing this straightforward bureaucratic process to vague trends in population and income.

>Central banks can impose any level of (local currency) borrowing costs on the economy that they want, which is why some say that “interest rates are a policy variable.” But central banks generally avoid exercising that power arbitrarily—and for good reason.

Wow bankers have reasons? It seems like this article is not just assuming market efficiency but also banker efficiency. Neither is a good assumption.

>the trends in inequality that have retarded growth and have pushed down interest rates were choices that can be changed.

This is a radical claim about cause and effect for which there is almost no empirical evidence. AKA pseudo-science.

echopurity | 4 years ago | on: The Winners of Remote Work

It's got to be clickbait. If there are winners, then how many workers are losing by working remotely? It seems obvious that the vast majority of people win big by not being forced to commute into a full day at an office where they would rather not be.
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