Sunday, February 23, 2020

Do AI startups have worse economics than SaaS shops? – TechCrunch

Do AI startups have worse economics than SaaS shops? – TechCrunch

A few days ago, Andreessen Horowitz’s Martin Casado and Matt Bornstein published an interesting piece digging into the world of artificial intelligence (AI) startups, and, more specifically, how those companies perform as businesses. Core to the argument presented is that while founders and investors are wagering “that AI businesses will resemble traditional software companies,” the well-known venture firm is “not so sure.”

Given that TechCrunch cares a lot about startup business fundamentals, the notion that one oft-discussed and well-funded category of venture-backed startup might sport materially less attractive economics than we expected captured our attention.

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Publisher: TechCrunch
Twitter: @techcrunch
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Many things are taking place:

India's Economic Troubles Are Rooted in Politics

Since the Great Recession that began in late 2007, there is a growing feeling that economics is not serving us well. There is truth to this hunch, but the reasons are more complex than most people realize.

The most striking example comes from geometry. Euclid's Elements contained an assumption that was never stated explicitly, and it is not even clear that Euclid was aware of it: the presumption that his experiments were conducted on a flat, two-dimensional surface. But if Euclid's work was premised on a curved surface, such as that of the Earth, Euclidean geometry would be flawed.

Publisher: Foreign Policy
Author: Kaushik Basu
Twitter: @ForeignPolicy
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Thomas Piketty: Why France's 'rock star economist' still wants to squeeze the rich | Books | The

"I put her out of my home," he told the stunned audience. "I pushed her outside, which I regret, but I can assure you that given the behaviour towards my daughters, I think that a lot of people would be much more het up than that."

He explained that Filippetti fell through a half-open door but that his actions, while regrettable, did not prevent her from going to work.

Instead, our discussion is to be focused on the English translation of his latest tome, which weighs in at a forbidding 1,093 pages.

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Publisher: the Guardian
Date: 2020-02-23T10:05:48.000Z
Author: Andrew Anthony
Twitter: @guardian
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View of a longtime economist: Slower growth but no recession | KAALTV.com

By MARTIN CRUTSINGER
Updated: February 23, 2020 09:42 AM
Created: February 23, 2020 09:30 AM

WASHINGTON (AP) - In this high-profile election year, the U.S. economy boasts an unemployment rate that is near its lowest level in a half-century.

But economic growth has been slowing. And some economists say the expansion may be vulnerable to risks ranging from the U.S.-China trade war to China's deadly viral outbreak.

Publisher: ABC 6 NEWS
Date: 2020-02-23
Twitter: @ABC6NEWS
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Quite a lot has been going on:

National Parks Traveler Episode 54: Colorado River Economics, Rebranding Bandelier National

In recent years there has been a movement of sorts to rebrand units of the National Park System as "national parks," a movement motivated in large part by the economic boost such a redesignation is hoped to have. But in New Mexico a group is opposed to turning Bandelier National Monument into Bandelier National Park. We discuss that issue with Tom Ribe, executive director of Caldera Action.

But first, we continue our series on how the health of the Colorado River impacts Canyonlands National Park and Glen Canyon National Recreation Area in Utah. To get a better understanding of the river economics in play, we reached out to Megan Lawson, an economist with Headwaters Economics.

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Virus hits shipping, spreading global economic strain

As analysts pore over charts to gauge just how badly Chinese mega-factories have been hit, figures provided by cargo ship traffic paint a gloomy picture.

The Baltic Dry Index (BDI) reflects the daily price of moving goods such as coal, rice and wheat along routes deemed representative of the global market.

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Its "capesize" index for the largest category of ships -- ones that cannot even squeeze through the Suez or Panama Canals -- is at historic lows.

Publisher: https://www.bangkokpost.com
Date: 2020-02-23T11:46:00 07:00
Author: Bangkok Post Public Company Limited
Twitter: @BangkokPostNews
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JP Morgan economists warn of 'catastrophic' climate change - BBC News

In a hard-hitting report to clients, the economists said that without action being taken there could be "catastrophic outcomes".

The bank said the research came from a team that was "wholly independent from the company as a whole".

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While JP Morgan economists have warned about unpredictability in climate change before, the language used in the new report was very forceful.

Carbon emissions in the coming decades "will continue to affect the climate for centuries to come in a way that is likely to be irreversible," they said, adding that climate change action should be motivated "by the likelihood of extreme events".

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Publisher: BBC News
Author: https www facebook com bbcnews
Twitter: @BBCWorld
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Charlemagne - Poland is cocking up migration in a very European way | Europe | The Economist

F OR A GLIMPSE of how immigration is changing Poland, head to Hala Koszyki, an Instagram-friendly food hall in the middle of Warsaw. Take an Uber and there is a good chance the driver will be from Belarus. Inside, Ukrainian waiters and chefs toil over sushi and tapas. Outside, straddling their scooters, a group of UberEats riders from India and elsewhere in South Asia wait to take orders from any Varsovians who fancy a night in.

Poland, one of the EU 's most homogenous countries, is becoming a country of immigration. It took in more workers from outside the EU in 2018 than any other country—nearly five times more than Germany—and is likely to have repeated the trick again in 2019. Nearly 2m Ukrainians have arrived since 2014, pushed by a ropy national economy and a war in the country's east, and pulled by higher wages in Poland. They are not alone.

Publisher: The Economist
Twitter: @TheEconomist
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