An NBER paper from 2015 tracks the decline in corporate spending on basic science in R&D, which has become a practical, application-focused line-item in corporate budgets, creating a safe, predictable, and slow cycle of innovation.
Deepmind’s AlphaGo Zero — which taught itself to play a remarkable game of Go in just 72 hoursRead More
Though Puerto Rican law prohibits ownership and bearing of most long-guns and especially semiautomatic weapons, the streets of the stricken US colony now throng with mercenaries in tactical gear bearing such arms, their faces masked. They wear no insignia or nametags and won’t say who they work for, apart from vague statements in brokenRead More
The average American worker has $95,000 in their 401(k), which will not even allow them to starve with dignity; this is a sharp contrast from earlier generations of American workers, whose employers provided defined-benefits pensions — but it also is quite a distance from the CEOs of the biggest US companies, whose average pensionRead More
In 2016, the Centers for Medicare and Medicaid Services barred nursing homes from forcing their residents into accepting binding arbitration agreements, insisting that nursing homes that engaged in neglect, physical or sexual abuse should be subject to legal consequences: but then the Trump administration killed the rule, giving a sweet gift to the giantRead More
By Cory Doctorow To call Shopsin’s “a Greenwich Village institution” was to understate something profound and important and weird and funny: Shopsin’s (first a grocery store, later a restaurant) was a kind of secret reservoir of the odd and wonderful and informal world that New York City once represented, in the pre-Trumpian days of SesameRead More
The US aviation industry is highly concentrated, with only four major airlines left in the country; for years, they’ve been lobbying to get rid of the FAA and take over their own safety oversight.
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In an announcement that included near-verbatim quotes from several aviation Big Four lobbyists, Donald TrumpRead More