Replying to @felpix_ @3RenChengHu
You’re looking at a somewhat volatile time series, picking a sharp spike, and then saying the <5pp decrease after that is a legitimate trend. If you were to smooth things, it looks much better now.
Per your other point about LFP (though I’m not sure it’s the metric we should look at), is your position that junior hiring as been cooked since ‘08, and thus can’t be explained by AI?
Replying to @felpix_ @3RenChengHu
If you see a “downward trend since 2023” I’m afraid you’re grasping at straws
Replying to @captgouda24
I just realized that this had actually been the first thing I’d ever read by Hall.
Replying to @slipflipdip
What makes writing strictly unsolvable? Yes, the writing is currently bad.
Replying to @nominalthoughts
I agree broadly. Like I’m not depressed or anything, but I think the original points are probably true
Replying to @klntsky
The difference is that being surpassed by an infinitely replicable machine means what you were good at is now free/valueless
Replying to @fixedfrontier
Hmm I wouldn’t say it’s an ego thing because it’s not primarily about signaling. It’s about the value of my primary passion being eroded
Replying to @anionization
Difference is between what you’re doing now and econ RA-ing or between econ RA-ing and industry/finance generally?

