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← Innovation that answers a policy-made price rather than real scarcity…
17 connected korrents · 15 moments from 1 Jun 2022 to 22 Sept 2026. Nearly all of them are about innovation .
Everything filed under government
government
Everything filed under market efficiency
market efficiency
Everything filed under America
America
Everything filed under design
design
Everything filed under ambition
ambition Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Innovation that answers a policy-made price rather than real scarcity leaves the world no better off, however good the science inside it. Innovation that answers a policy-made price rather than real scarcity leaves the world no better off, however good the science inside it. Last stated 4 years ago
2 Mar 2023
LP
Lant Pritchett — holds since 2023-03-02 — tap for who they are
Same subject: A competitor six months or a year behind the frontier can stay close, because the cost of AI falls more than tenfold every year. — tap to centre the map on it A competitor six months or a year behind the frontier can stay close, because the cost of AI falls more than tenfold every year. Last stated 9 months ago
8 Jan 2026
JH
Jensen Huang — holds since 2026-01-08 — tap for who they are
Same subject: A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. — tap to centre the map on it A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. Last stated a year ago
13 Aug 2025
KJ
Keyu Jin — holds since 2025-08-13 — tap for who they are
Same subject: A model company may face a winner's curse: it does all the hard innovation and is then one copy away from being commoditised. — tap to centre the map on it A model company may face a winner's curse: it does all the hard innovation and is then one copy away from being commoditised. Last stated 11 months ago
12 Nov 2025
SN
Satya Nadella — holds since 2025-11-12 — tap for who they are
Same subject: A society cannot morally be based on the way evolution works, even though competition is what drives innovation. — tap to centre the map on it A society cannot morally be based on the way evolution works, even though competition is what drives innovation. Last stated 4 years ago
7 Sept 2022
NL
Nick Lane — holds since 2022-09-07 — tap for who they are
Same subject: Agent harnesses are only at the beginning, with probably a lot more innovation still to come. — tap to centre the map on it Agent harnesses are only at the beginning, with probably a lot more innovation still to come. Last stated 3 months ago
30 Jul 2026
BV
Ben Vinegar — holds since 2026-07-30 — tap for who they are
Same subject: America will keep leading on zero-to-one breakthroughs, but it is diffusion that decides how much productivity a technology actually releases, and China is better at that. — tap to centre the map on it America will keep leading on zero-to-one breakthroughs, but it is diffusion that decides how much productivity a technology actually releases, and China is better at that. Last stated a year ago
13 Aug 2025
KJ
Keyu Jin — holds since 2025-08-13 — tap for who they are
Same subject: An invention only matters when the principle, a workable design and an economically viable use for it all arrive together; the idea on its own changes nothing. — tap to centre the map on it An invention only matters when the principle, a workable design and an economically viable use for it all arrive together; the idea on its own changes nothing. Last stated 4 years ago
26 Aug 2022
BD
Bret Devereaux — holds since 2022-08-26 — tap for who they are
Same subject: An inventor's highest ambition should be that the invention is eventually taken for granted and stops being seen as an invention at all. — tap to centre the map on it An inventor's highest ambition should be that the invention is eventually taken for granted and stops being seen as an invention at all. Last stated 3 years ago
14 Dec 2023
JB
Jeff Bezos — holds since 2023-12-14 — tap for who they are
Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. Last stated a year ago
2 Sept 2025
BE
Benedict Evans — holds since 2025-09-02 — tap for who they are
Same subject: Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls. — tap to centre the map on it Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls. Last stated 8 months ago
12 Feb 2026
AT
Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. — tap to centre the map on it A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. Last stated 4 weeks ago
22 Sept 2026
TC
Tyler Cowen — holds since 2026-09-22 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated 4 weeks ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. Last stated 2 months ago
15 Aug 2026
HR
Harper Reed — holds since 2026-08-15 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. — tap to centre the map on it A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. — tap to centre the map on it A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
At the centre
Innovation that answers a policy-made price rather than real scarcity leaves the world no better off, however good the science inside it.
Holds Read this korrent →
A competitor six months or a year behind the frontier can stay close, because the cost of AI falls more than tenfold every year.
Holds
A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation.
Holds
A model company may face a winner's curse: it does all the hard innovation and is then one copy away from being commoditised.
Holds
A society cannot morally be based on the way evolution works, even though competition is what drives innovation.
Holds
Agent harnesses are only at the beginning, with probably a lot more innovation still to come.
Holds
America will keep leading on zero-to-one breakthroughs, but it is diffusion that decides how much productivity a technology actually releases, and China is better at that.
Holds
An invention only matters when the principle, a workable design and an economically viable use for it all arrive together; the idea on its own changes nothing.
Holds
An inventor's highest ambition should be that the invention is eventually taken for granted and stops being seen as an invention at all.
Holds
A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand.
Holds
Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls.
Holds
A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending.
Holds
A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases.
Holds