Like he doesn’t even go into the fact that it could be used by law enforcement wrongfully etc: e.g Unregulated Chinese crime detection startup buys the data, you happen to be in China and get arrested bc they used inadequate algorithms that wrongfully accused you.
There is absolutely nothing convincing here.
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At least you can see their questionable method upfront, and can disagree with it.
Economics is worse: it has become completely quantitative, with sophisticated mathematics. I’ve heard the approach referred to as ‘physics envy’
It appears unapproachable to a non-expert and authoritative. But it’s not like physics
It’s conclusions are often catastrophically wrong because all the mathematics relies on shaky qualitative assumptions: people are perfectly rational, etc.
For example we have published economic research that forecasts that severe climate change will only damage global GDP by 1%.
They conclude that farming productivity will be reduced by 25% and farming is 4% of global GDP, so it’s 1%. Then they model some effect on the consumer because food prices go up.
It does not occur to the authors to model impact of physical result of that, which is, famine and political instability that comes with it.
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I have a friend who would say anytime someone brings up that "it's a complex issue": "They should just stop stealing peoples houses dude". This pretty much sums it up. Maybe if they stopped that a few decades ago this wouldn't have happened.