The facts that (a) an AI somewhere could in principle do this task better, and (b) this task is no longer an economically rewarded element of a global economy, don’t seem to me to matter very much.
The Damped Spring Report - "Shifts in growth, inflation, risk premium and positioning all lead to opportunities in markets"
The report discusses the shifts in growth, inflation, risk premium, and positioning in the market, highlighting opportunities and potential outcomes as Act 3 unfolds.
Flood insurance is more than actuarily fair — it is actually giving away money to homeowners. Yet, 40% of high-risk consumers don’t purchase flood insurance. Why? And what does it mean for optimal policy? 1/ https://t.co/XbWF6vfBTx