^Tageconomics

Trader with laptop looking at financial bitcoin cryptocurrency crypto graph data trade. Created with Generative AI tools

^{Type
post

Author
News
Date
August 16, 2023

Categorized
Technology

Tagged
Brian Mistele, COSM, COSM 2021, economics, Inrix, Investment tools, money, Tech}

SPACs, IPOs, and Direct Listings

_{What are the new tools to unlock capital markets?} _{News

August 16, 2023

1

Technology}

Matt McIlwain, Managing Director of Madrona Venture Group, moderates a panel on exciting new investment tools: SPACs, IPOs, and Direct Listings. Panelists include Kristin Zimmerman, Managing Director at Morgan Stanley, Michael Nordtvedt, Partner at Wilson Sonsini, and Byran Mistele, CEO of INRIX. We’ve been sharing a number of lectures from past COSM conferences and other videos related to artificial intelligence and technology. This video is just one of many you can find at the Bradley Center’s YouTube page. There you’ll find several lectures, interviews, and panels dealing with issues that range from economics, Big Tech, and artificial intelligence. Notable speakers include 2022 Kyoto Prize winner Carver Mead, venture capitalist Peter Thiel, and George Gilder, co-founder of Discovery Institute and author of Life After Capitalism: The Meaning of Read More ›

^{Type
post

Author
News
Date
July 18, 2023

Categorized
Economics

Tagged
Commodity, Consciousness, COSM 2021, Creativity, economics, Gale Pooley, George Gilder, Innovation, Learning curves, power, Scarcity, Time-price revolution}

More Gale Pooley and More Population Growth

_{We're living in a time-price revolution} _{News

July 18, 2023

1

Economics}

Countering the prevailing narrative of doom, economist Dr. Gale Pooley shows how the incredible power of learning curves has instead brought about an era of unprecedented abundance. Based on his research into time prices (the money price divided by one’s hourly income), Pooley demonstrates that virtually every commodity is substantially cheaper today than it was decades or centuries ago. We are truly in a time-price revolution. We’ve been sharing a number of lectures from past COSM conferences. This video is just one of many you can find at the Bradley Center’s YouTube page. There you’ll find several lectures, interviews, and panels dealing with issues that range from economics, Big Tech, and artificial intelligence. Notable speakers include 2022 Kyoto Prize winner Read More ›

^{Type
post

Author
Peter Biles
Date
June 29, 2023

Categorized
Economics

Tagged
Acton Institute, AI, banks, capitalism, Centralization, COVID-19, Creativity, economics, George Gilder, Human exceptionalism, Innovation, Life After Capitalism (book), Samuel Gregg, Technology}

New Review of “Life After Capitalism” Amplifies Book’s Core Themes

_{Returning to the "mind-centered economy" where knowledge is wealth} _{Peter Biles

June 29, 2023

3

Economics}

A new review of George Gilder’s latest book Life After Capitalism from Samuel Gregg highlights the need for the return of the “mind-centered economy,” in which governmental bureaucracies no longer hamper human creativity and imagination. When capitalistic, democratic societies fall for materialistic presuppositions of the world, they end up resembling socialist contexts in which the state is everything and individual men and women are squelched. Gregg writes at the Acton power blog, [Gilder]takes this notion of the free human mind as the decisive factor in driving economic growth and applies it across the board to economic theory, technology, and our understanding of money. Looking at the question of incentives, for example, Gilder points out that they would yield nothing in Read More ›

^{Type
post

Author
News
Date
June 23, 2023

Categorized
Economics

Tagged
COSM 2022, Creativity, economics, Eric Metaxas, George Gilder, Life After Capitalism (book), Wealth and Poverty}

George Gilder on the Eric Metaxas Show: Wealth is Knowledge

_{Gilder proclaims loud and clear that human knowledge and innovation are the keys to economic growth} _{News

June 23, 2023

1

Economics}

George Gilder, economist, venture capitalist, and author of the new book Life After Capitalism, appeared on the Eric Metaxas Show to discuss his new title and the overarching story of his life. Gilder co-founded Discovery Institute, the parent organization of Mind Matters and the Bradley Center for Natural & Artificial Intelligence, and his 1980 book Wealth & Poverty strongly influenced the economic policy decisions of President Ronald Reagan. In this interview, Gilder speaks with Metaxas about his upbringing, his ascendancy into the public policy sphere, and the philosophy that underpins his life work. Gilder proclaims loud and clear that human knowledge and innovation are the keys to economic growth, and that this points to the fact that the activity of Read More ›

Face of female robot, Artificial intelligence concept. Generative AI

^{Type
post

Author
News
Date
June 15, 2023

Categorized
Technology

Tagged
Artificial Intelligence, Discovery Institute, economics, Jay Richards, Jobs, Michael Medved, Smart machines, Technology}

Dystopia, Utopia, or Somewhere in Between?

_{Two great minds on the future of "smart machines"} _{News

June 15, 2023

1

Technology}

We’ve been featuring several videos from last year’s jam-packed COSM conference, which featured celebrated speakers like Kyoto Prize winner Carver Mead, venture capitalist Peter Thiel, and a number of other highly influential voices in technology and science. Today, however, we’re sharing a video from the archives of Discovery Institute’s Center for Science and Culture on the future of “smart machines,” including the dawn of sex robots. The video features a conversation between Discovery Institute’s Jay Richards and Michael Medved, who is a Senior Fellow with Discovery Insitute’s Center for Wealth & Poverty and a renowned radio broadcaster. Their discussion is remarkably pertinent to both the benefits and challenges raised by artificial intelligence and the future of “smart technology.” You can Read More ›

Closeup of Ben Franklin on a one hundred dollar bill for background IV

^{Type
post

Author
George Gilder
Date
June 9, 2023

Categorized
Economics

Tagged
Artificial Intelligence, capitalism, Creativity, Crypto, economics, George Gilder, Human exceptionalism, Technology, Venture capital}

Life After Capitalism: Human Creativity Drives Economic Growth

_{Gilder once more rocks the archetypes of modern information theory and economics with a paradigm-shifting salvo of sheer brilliance} _{George Gilder

June 9, 2023

2

Economics}

Author of national bestseller Life After Google and generation-defining Wealth and Poverty, venture capitalist, futurist, and pioneering thinker extraordinaire George Gilder pinpoints how the clash of creativity with power at the heart of economic systems leads to global cognitive dissonance and argues that the creation of the novel taps capitalism’s infinite promise and is humanity’s only path of escape from stagnation and tyranny. Gilder once more rocks the archetypes of modern information theory and economics with a paradigm-shifting salvo of sheer brilliance. The capitalist era is over — get ready for life after capitalism. For more than two hundred years, capitalism spread wealth around the globe, bringing unprecedented prosperity and progress, liberating human potential. But something has gone terribly wrong in the world economy. Read More ›

Light bulb Global Internet connection. Business global internet connection application technology and digital marketing, Financial and banking, Digital link tech, big data, bulb, light, energy, lamp,

^{Type
post

Author
Jeffrey Funk
Date
May 29, 2023

Categorized
Artificial Intelligence, Technology

Tagged
AI, Artificial Intelligence, ChatGPT, economics, EU, Japan, Jeffrey Funk, OpenAI, Technology, United States, wealth}

Review of “Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity”

_{This new book on tech, AI, and economic prosperity by Daron Acemoglu and Simon Johnson is incredibly timely} _{Jeffrey Funk

May 29, 2023

7

Artificial Intelligence, Technology}

This book by two MIT economists is very timely because the world is now dealing with the latest in the “Thousand Year Struggle,” in the form of artificial intelligence, the claims that many white-collar jobs will be automated, OpenAI’s call for regulation, and the possibility that AI will bring a further concentration of power among the big tech companies. Much of the book sets the stage for this discussion by summarizing the history of technology. This review focuses on the economic and social impact of automation and information technology over the last 50 years. For instance, “the distribution of income between capital and labor began to change significantly in the late 20th century. While throughout most of the century, about Read More ›

Car Factory 3D Concept: Automated Robot Arm Assembly Line Manufacturing High-Tech Green Energy Electric Vehicles. Construction, Building, Welding Industrial Production Conveyor. Elevated Wide Shot

^{Type
post

Author
News
Date
May 15, 2023

Categorized
Artificial Intelligence

Tagged
AI, ChatGPT, Consciousness, Discovery Institute, economics, George Gilder, Google, OpenAI, Robots, Wealth and Poverty}

Gilder: More Tech Equals More Productivity, Not Less

_{How will artificial intelligence change the economy? George Gilder responds} _{News

May 15, 2023

2

Artificial Intelligence}

How will artificial intelligence change the economy? Will it wipe out traditionally human occupations? Or will it end up creating more jobs for people in the long run? George Gilder, co-founder of Discovery Institute and author of the new book Gaming AI: Why AI Can’t Think but Can Transform Jobs, thinks that AI has the potential to drastically enhance human life. His optimistic view on AI focuses more on job creation over the long term, while he firmly recognizes that AI will never become so humanlike that it will replace us. He particularly thinks AI will be able to perform the jobs that most people would prefer to avoid. Vish Gain wrote a piece on Gilder’s views in the Silicon Read More ›

^{Type
post

Author
News
Date
May 11, 2023

Categorized
Economics

Tagged
Cato Institute, Climate change, Discovery Institute, Doomsday, economics, Human exceptionalism, Population growth, Scarcity, superabundance, Wesley J. Smith}

Gale Pooley on the Humanize Podcast

_{Are we really living on a dying planet?} _{News

May 11, 2023

2

Economics}

Are we living on a dying planet? Are the doomsday prophecies of scarcity and widespread starvation due to population growth real? It’s the mainstream assumption, parroted by a number of influential voices. But not everything has taken the bait. Dr. Gale L. Pooley, senior fellow at Discovery Institute’s Center on Wealth & Poverty and co-author of the groundbreaking 2022 book Superabundance: The Story of Population Growth, Innovation, and Human Flourishing, talked with Wesley J. Smith on the Humanize podcast on his work in economics and the ideas behind the book. Pooley co-wrote Superabundance with Marian Tupy of the Cato Institute. Smith and Pooley enjoyed a conversation pushing back against the widespread pessimism that is inherent in the scarcity narrative. Their Read More ›

^{Type
post

Author
News
Date
March 22, 2023

Categorized
Economics

Tagged
COSM 2022, economics, Gale Pooley, Marian L. Tupey, Population, Population growth, Scarcity, superabundance}

Countering Doom with Superabundance

_{Marian L. Tupy challenges the ideology of scarcity and promotes a refreshing new perspective on human innovation and population} _{News

March 22, 2023

1

Economics}

The idea that the higher the human population the scarcer earth’s resources become is prevalent and mainstream. It is behind many of the doomsday alarmist calls for population control and influences much of economic theory and practice. But what if it’s wrong? Marian Tupy, co-author with Gale Pooley of the 2022 book Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet, offers a different account. The earth’s resources and innovation actually increase the more people there are on the planet. Bringing their innovation and creativity to the table, joined with earth’s resources, humans find ways to create “superabundance.” Marian Tupy spoke at the COSM Conference back in November 2022, and his lecture on his Read More ›

Error page template for website. Retro robot with monitor computer head. Warning message on blue screen. macro view copy space

^{Type
post

Author
Jeffrey Funk and Gary Smith
Date
January 16, 2023

Categorized
Artificial Intelligence

Tagged
AI, AI research, Chatbot failings, ChatGPT, computer, Databases, economics, internet, Large Language Models (LLMs), Robots}

Large Language Models Can Entertain but Are They Useful?

_{Humans who value correct responses will need to fact-check everything LLMs generate} _{Jeffrey Funk and Gary Smith

January 16, 2023

7

Artificial Intelligence}

In 1987 economics Nobel Laureate Robert Solow said that the computer age was everywhere—except in productivity data. A similar thing could be said about AI today: It dominates tech news but does not seem to have boosted productivity a whit. In fact, productivity growth has been declining since Solow’s observation. Productivity increased by an average of 2.7% a year from 1948 to 1986, by less than 2% a year from 1987 to 2022. Labor productivity is the amount of goods and services we produce in a given amount of time—output per hour. More productive workers can build more cars, construct more houses, and educate more children. More productive workers can also enjoy more free time. If workers can do in four Read More ›

^{Type
post

Author
News
Date
August 7, 2020

Categorized
Business and Finance, Philosophy of Mind

Tagged
__has-video, Commodities, economics, Featured, Gale Pooley, Jay Richards, Julian Simon, Lifeboat economics, Marian L. Tupey, Metals, Paul Ehrlich, Population Bomb (book), Population growth, Prices, Simon Abundance Index, video, Wager, wealth}

Business Prof: Stop It! The World is NOT Running Out of Stuff!

_{A famous bet between two top thinkers settled that a long time ago} _{News

August 7, 2020

7

Business and Finance, Philosophy of Mind}

Recently, Jay Richards interviewed Dr. Gale Pooley, Professor of Economics at BYU-Hawaii, on the myth that we are running out of resources and doomed to future scarcity. Even though media pundits often claim it is true, the numbers say it is a myth. The story begins with a famous bet between two professors… From the interview: The bet was whether basic commodity prices would rise between September 29, 1980 and September 29, 1990. The professors who made the bet were Stanford insect biologist Paul Ehrlich (1932–), author of bestseller The Population Bomb (1968), and economist Julian Simon (1932–1998) Ehrlich bet yes and Simon bet no. Gale Pooley: First of all, what was interesting about Julian Simon, he reads Ehrlich’s book Read More ›

^{Type
post

Author
Eric Holloway
Date
August 4, 2020

Categorized
Artificial Intelligence, Philosophy of Mind, Science

Tagged
Biology, economics, Engineering, Featured, Fine-tuning, Physics}

Why Engineering Can’t Be Reduced to the Laws of Physics

_{When we reduce the engineer’s mind to a computer, the source of innovation disappears} _{Eric Holloway

August 4, 2020

3

Artificial Intelligence, Philosophy of Mind, Science}

The fundamental problem of modern science is the problem of innovation. Where does novelty come from? This problem shows up in physics, biology, artificial intelligence, and economics. Within physics, the problem is how to account for the fundamental constants of reality. They are all precisely tuned to make sentient and intelligent life—life that can learn about itself and the universe—possible through science. Within biology, the problem is accounting for the source of highly complex genetic sequences that express finely tuned biological functions. In artificial intelligence, the challenge is identifying solutions that are relevant to a given scenario. In economics the problem is identifying the right products for the market. What do all these situations have in common? In each case, Read More ›

^{Type
post

Author
Jonathan Bartlett
Date
April 22, 2019

Categorized
Natural Intelligence

Tagged
economics, Innovation, learning curve}

Can We Make Money by Losing Money?

_{Yes, sometimes. Human ingenuity isn’t simple arithmetic} _{Jonathan Bartlett

April 22, 2019

4

Natural Intelligence}

While the learning curve is not an exact science, the interesting part, in my view, is that such a non-physical mechanism can be measured at all.

How Can Information Theory Help the Economy Grow?

_{New information is the true source of new wealth; everyone wins when we learn how to produce it more efficiently} _{Jonathan Bartlett

December 31, 2018

6

Social Factors, Work}

What gives humans the ability to increase in prosperity, according to Eric Holloway, is our ability to “read” from Plato’s Library of new ideas, thus providing an ever-growing supply of side information that powers the economy. Read More ›

^{Type
podcast

Author
Robert J. Marks
Date
October 5, 2018

Tagged
capitalism, class, democracy, economics, free market, industry, Politics, society, wages}

Does Technology Favor Tyranny?

_{Part One: Deconstructing Yuval Harari’s Silly Forecast of AI’s Future Impact} _{Robert J. Marks

October 5, 2018

1}

Will infotech and biotech erode human agency, subvert human desires, and render free-market economics obsolete? At first glance, there looks to be a wide gap between the future of AI and the destruction of democracy. Some futurists claim to have jumped that chasm. In a cheery little column published by the Atlantic, Yuval Noah Harari posits AI will ultimately destroy Read More ›