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10 Friday AM Reads

My end-of-week morning reads: • The New Wild West: Texas Experiments With Raw Capitalism: The state’s light regulation and low taxes are luring dozens of big companies. It’s also setting up a water crisis and a “race to the bottom” in shareholder protections. (Barron’s) • Is Artificial Intelligence Making Us More Productive? What the UK Industry Data… Read More The post 10 Friday AM Reads…

10 Friday AM Reads

Texas is experimenting with a hands-off approach to business, which is attracting numerous large corporations. However, this minimal regulation is leading to water scarcity issues and a downward spiral in shareholder protections. The effects of artificial intelligence on productivity are still unclear, as evidenced by the UK industry data analyzed by the Bank of England.

Detecting AI-generated text becomes increasingly difficult due to the use of techniques like excessive em-dash usage and bland, frictionless writing. In the realm of big tech, Milton Friedman's principles are being revived, emphasizing shareholder primacy over other considerations. The economic landscape is shifting, with the wealth flowing more towards capital owners rather than workers, contributing to the growing income disparity.

McDonald's has compiled a detailed 515-page dossier on one individual, tracking their purchases and behavior across their loyalty program. This extensive data collection raises concerns about privacy and data ownership. Research indicates that AI-related investments are now among the most shorted bonds, reflecting growing skepticism towards artificial intelligence.

The American university system is facing a crisis, with declining trust from students, faculty, and the public in an outdated model. Cannabis research reveals that it can suppress REM sleep, which has implications for memory, emotional processing, and the nature of dreams. A former film executive once advised Jon Lovitz to pursue a legal career, but he chose a path in entertainment instead.

Written by urgent.news from The Big Picture's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at ritholtz.com →

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