Artificial Intelligence and Financial Stability
On the high odds of winding up with the Peter Principle of AI implementation in financial institutions, and what to do to prevent that.
Read more...Category Archives: Dubious statistics
Kelp Farming Isn’t As Green As It Seems
Why kelp, hyped as a carbon sink, does not live up to its promise.
Read more...Higher Impact of Inflation on Lower Income Households Means US Poverty Is Understated
A new study confirms many reports: inflation in the US markedly degraded the position of middle class households, pushing some into poverty
Read more...The Bogus Justification for AI Uptake and the Real Reason for the Scam
AI, in a significant majority of cases, reduces productivity. And there’s not much reason to expect better any time soon.
Read more...Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation
Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.
Read more...Knowing Less About AI Makes People More Open to Having It in Their Lives – New Research
A study on receptivity to AI use sadly skips over some fundamental questions.
Read more...Evaluating the Risks of Engineered Viruses and Bacteria, aka ‘Mirror Life’
Scientists seem unduly casual about the threats posed by engineered bacteria and viruses that are chemical mirror images of natural ones
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...China’s Government Bond Market Sounding Loud Deflationary Alarm. Is the Japanification China Has Warded Off Finally Arriving?
China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?
Read more...DOGE: Nations Aren’t Corporations and ‘Efficiency’ Means Austerity
Why DOGE, if implemented on the scale intended, will be a train wreck for the great majority of Americans.
Read more...The Demand and Supply of Hate
A new study looks at amplification of hateful content on social media platforms and points to remedies. But is BlueSky really any better?
Read more...China’s Push for 7% Growth Faces Big Challenges
China plans to return to a higher level of growth. Are its targets attainable?
Read more...Why Population Aging Demands Looking Beyond Chronological Age
Experts are trying to get a handle on biological aging of the population, as opposed to calendar ages. But are the methods all that good?
Read more...Syrian Refugees: Where and What of Over 11 Million Who Have Fled?
Looking at the large population of Syrian refugees and what that portends.
Read more...Wall Street Journal Tries “Recovery Finally Underway” Office Space Patter as Securitized Office Mortgage Delinquencies Hit a New Post-Crisis High of 10.4%
The Journal gets egg on its face for trying to call a bottom in the office space market even as delinquencies were accelerating
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