technology that matters, from electric lighting to automobiles to radio to the Internet, has sparked a moral panic – a social contagion that convinces people the new technology is going to destroy the world, or society, or both. The fine folks at Pessimists Archive have documented these technology-driven moral panics over the... See more
Labor Fallacy flows naturally from naive intuition, but naive intuition here is wrong. When technology is applied to production, we get productivity growth – an increase in output generated by a reduction in inputs. The result is lower prices for goods and services. As prices for goods and services fall, we pay less for them, meaning... See more
of conversational bots raises the question of manipulation. After all, the people making the bots have an incentive to keep people chatting for as long as possible, so they do things to make the bots as addictive as possible.