Cars were subtracted, but pedestrians weren't added. The direct cost of this policy is pretty obvious. When people can't park in a parking garage on Market, and when Uber and Lyft can't pick people up and drop people off on the street, it makes businesses on the street less attractive to visit.
High-skilled immigrants don't compete with locals for a fixed pool of jobs; they lure investment to an area, so that the pool of jobs expands. This second effect, more often than not, outweighs the competitive effect, so that native-born Americans actually benefit from the presence of foreign skilled workers.
I remember after Sandy Hook, President Barack Obama said that if a tragedy of such enormity didn't change hearts, minds, and legislation, then nothing would. I'm afraid he might have been right.
Dismissing the whole idea of industrial policy out of hand — as the World Bank and others did in the 1990s — is simply a policy of self-imposed ignorance.
A US appeals court ruling is at odds with a separate, lower court decision from March, leaving uncertainty about if and how the US military can use the AI company's Claude model.
A policy change announced by NeurIPS, the world's leading AI research conference, drew widespread backlash from Chinese researchers this week and then was quickly reversed.
5mo ago
Underscored — save the words that stop you in your tracks.
