Gary Marcus on the difference between remote-assist driving & self-driving; the California office in November'; the attention-info-biotech mode of production; overpraising Hua Guofeng; Bob Reich on...
Central Country: I think we ought to be more contingent with China estimates. China could turn away from State management. It has enormous possibilities of developing technologies. Aging populations may not be as much less innovative as some think.
Kelly. Observations of inflation and unemployment employment data points that look like a "Phillips Curve" are Fed mistakes. It appears the Fed is willing to risk adding a data point or more to such a curve.
Cars: The older you get, the more attractive something closer to an autonomous vehicle becomes. But really this just means that driver assistance of all kinds is welcome, including things that are now standard and not fussed about. I'd have no objection to having my attention engaged throughout, but letting the car do whatever it knows how to do. I don't think the aging demographic is the one currently targeted by "self-driving," though.
Central Country: I think we ought to be more contingent with China estimates. China could turn away from State management. It has enormous possibilities of developing technologies. Aging populations may not be as much less innovative as some think.
Kelly. Observations of inflation and unemployment employment data points that look like a "Phillips Curve" are Fed mistakes. It appears the Fed is willing to risk adding a data point or more to such a curve.
Bond premia: Yep, both of those are useful.
Cars: The older you get, the more attractive something closer to an autonomous vehicle becomes. But really this just means that driver assistance of all kinds is welcome, including things that are now standard and not fussed about. I'd have no objection to having my attention engaged throughout, but letting the car do whatever it knows how to do. I don't think the aging demographic is the one currently targeted by "self-driving," though.