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Transcripts of #USvGoogle closing arguments, great public service. @Capitol_Forum @TeddyDowney
Transcripts of #USvGoogle closing arguments, great public service. @Capitol_Forum @TeddyDowney
But this is exactly what “progressive economists” say at conferences like #Stigler: “the purpose of antitrust laws is to protect the competitive process, not to create competition”. Ridiculous semantics pseudo-sophistry with zero content. No surprise the Google advocates parrot…
But this is exactly what “progressive economists” say at conferences like #Stigler: “the purpose of antitrust laws is to protect the competitive process, not to create competition”. Ridiculous semantics pseudo-sophistry with zero content. No surprise the Google advocates parrot…
As closing arguments of the Google Search trial proceed, there are two things I would like to flag. First, the way in which search works on the web is stuck in the 90s. We need not stay there and can imagine alternatives (that aren't crappy AI): berjon.com/fixing-search/.
As closing arguments of the Google Search trial proceed, there are two things I would like to flag. First, the way in which search works on the web is stuck in the 90s. We need not stay there and can imagine alternatives (that aren't crappy AI): berjon.com/fixing-search/.
Dial in at the # below for closing arguments. #USvGoogle. Historic.
Dial in at the # below for closing arguments. #USvGoogle. Historic.
Briefly stopping by because closings in US v Google are today! And I sifted through the thousands of pages of stuff unsealed Tuesday so you dont have to: bloomberg.com/news/articles/…
When academic economists show up at conferences/write antitrust papers on digital cases & policy, can we firmly ask they #disclose who is paying their “research grants”? Nothing new here but still seeing lot of proactive advocacy for X or against Y, yet “surely disclosure is…
Wake up Europe, the digital age is bypassing you. You have no Google , Amazon, Meta, Apple. You arrogantly called SpaceX a fanciful dream and it wiped out the European Space Agency. You have no Nvidia and your response to AI has been to regulate before you have anything domestic…
Wake up Europe, the digital age is bypassing you. You have no Google , Amazon, Meta, Apple. You arrogantly called SpaceX a fanciful dream and it wiped out the European Space Agency. You have no Nvidia and your response to AI has been to regulate before you have anything domestic…
The EU *REALLY* likes to think that it just needs to pass a perfect law and everything else will work itself out. While I agree that it's 100% worth it to take time to get the legislation right, Europeans completely fail when it comes to enforcement and human resources.
I’m sure it will be a great disappointment for the advocates to learn that industrial policy is no magic bullet. Can you imagine the IMF summarizing another study as “central bank independence is no magic bullet…”.? That’s how your ideology shows.
I’m sure it will be a great disappointment for the advocates to learn that industrial policy is no magic bullet. Can you imagine the IMF summarizing another study as “central bank independence is no magic bullet…”.? That’s how your ideology shows.
@IMFNews I want to note that these are our (@juhreka13 , @EmilyOehlsen, @VeronicaCPerezP ) calculations, which you asked us for on the condition that you’d cite us.
Tommaso Valletti @TomValletti
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4K Followers 4K Following Airline competition/pax advocate @econliberties. Journalist; prof at Vaughn College; FAA-licensed dispatcher--studied clouds. Author: ATTENTION ALL PASSENGERS.Tho they arrived in the right place, merely posing that question—in response to every new whiz-bang gizmo hatched in someone’s basement—feeds the false narrative that competition is just a click away. Enough.
“Principled antitrust enforcement” is code for “no antitrust enforcement.” Except maybe against ice skating instructors.
For the third consecutive year, @washingtonian named @TeddyDowney one of DC’s 500 Most Influential People in Shaping Policy. Congrats to everyone on this year's list! washingtonian.com/2024/05/02/was…
For all my life, I've been hearing Presidents and politicians talk about the need to revive American manufacturing. But they never DID anything -- they just talked. Including Trump. Then Biden came along, and he actually DID SOMETHING. noahpinion.blog/p/the-positive…
Everything is violence except actual violence (the genocide of Gaza)
I offered some thoughts to yesterday's @USTradeRep hearing on supply chain resilience. I recommended that trade and investment policy better accommodate climate subsidies addressing positive externalities, while also ensuring strong trade law enforcement. rooseveltinstitute.org/publications/t…
Burning money, amassing power, while also burning democracy and the environment. They call it AGI!
Sam Altman: I don't care if we burn $50 billion a year, we're building AGI and it's going to be worth it
How can Europeans feel truly European if their cultural sector (news, broadcast, film etc) insists they are living in little national villages, with the EU like some sort of distant Star Wars Council? Europe’s lack of a public sphere isn’t by chance. It’s a determined position
Charlemagne Whether the EU can be anything more than a souped-up intergovernmental body—a regional UN on steroids—depends on whether Europeans viscerally feel they belong to the same polity. Does this "demos" exist? Can it ever? Register to read for free economist.com/europe/2024/05…
Judge Mehta is saying that Google learned from what happened to Microsoft and had “employee after employee after employee” use means of hiding documents. I didn’t expect this.
Google’s lawyer is telling the judge it was perfectly reasonable for Google to automatically destroy all employee chats while under investigation. Judge Mehta seems pretty mad.
Judge Mehta pronounces Google’s document retention policy “shocking” and says it “leaves a lot to be desired.”
Wow. This should act as early caution for developmental and global governance actors wading into equitable access to compute — we can't talk about the democratization of AI inputs without a theory of *why* and *who benefits*. As @sarahbmyers & I argued: foreignpolicy.com/2024/02/12/ai-…
"Global access to compute is a human right and it's our mission to figure out how to distribute that."
2/2 Cette exception légale est un modèle intéressant alors que plus que jamais « l’union fait la force » mais que la demande de souveraineté est grande. 📚Mon article aujourd’hui dans @LesEchos : lesechos.fr/idees-debats/c…
Skype didn’t “lose” anything. It was bought by Microsoft in a 2011 killer acquisition and left to rot after Teams was launched. By the time the pandemic came around, it was in no state to compete.
Remember when Skype had a 15-year lead on video conferencing and then completely lost the market during a global pandemic + remote work boom?
Joe Stiglitz on BBC Question Time just put forward the fact that lack of competition allowed markets to increase mark ups and prices and contributed to inflation. Why isn’t competition and its lack an election issue?
You can watch our panel event with @jennifercobbe @MargotKaminski @agstrait and me - Regulatory Models for Algorithmic Assessment: Robust Delegation or Kicking The Can? - held at @UCLLaws last week, here youtube.com/watch?v=lbVEgS…
And second, the default slot and royalties deals have a dreadful effect on competition, the web, and society, but some of the money levied that way is deployed usefully and we should preserve that. We can do so by formalizing how that levy works (WIP): darobin.github.io/wise/.
As closing arguments of the Google Search trial proceed, there are two things I would like to flag. First, the way in which search works on the web is stuck in the 90s. We need not stay there and can imagine alternatives (that aren't crappy AI): berjon.com/fixing-search/.
Gets better: “If general search is a market, you have monopoly power on that. Are there no barriers to entry? Look at Google’s profit margins, would you not think that with those is there was opportunity to enter would have done so? We have only seen 2 attempts”. Brushes off…
Google/Alphabet (or whatever they're calling themselves these days: "B-B-But monopolies are hard!" x.com/caffar3cristin… @cspan @cspanwj #breakUpBigTech
Google: "Monopolists must be allowed to compete just as hard as everyone else". Good god.