The average age of first-time home buyers recently hit a modern record of 40. Just as poor people buy lotto tickets when they feel their income is “low relative to an implicit standard,” perhaps young people today are drawn to get-rich-faster schemes precisely because middle-class hallmarks, such as homeownership and children, feel like luxuries... See more
Sublime flips the job of notes. Users drop in an idea, and then fall down a delightful path of related ideas. The value comes from connecting ideas, not merely saving them. Essentially, it means that note-taking is more akin to going on a guided trip through the intellectual wilderness. For example, save a quote about note-taking, and up pops a... See more
Watching this from inside the media, I’ve experienced two contradicting feelings. First is a kind of powerlessness from working in an industry with waning influence amid shifting consumption patterns. The second is the notion that the craft, rigor, and mission of traditional journalism matter more than ever.
ChatGPT can now search the web in a much better way than before. You can get fast, timely answers with links to relevant web sources, which you would have previously needed to go to a search engine for. This blends the benefits of a natural language interface with the value of up-to-date sports scores, news, stock quotes, and more.
A recent paper by two economists at the Federal Reserve found that Mr Trump’s targeted tariffs did not work as intended. Looking at manufacturing industries such as household appliances and car parts, they found a small jobs boost from the import protection conferred by tariffs. But this was more than offset by drags from both retaliatory tariffs... See more