Author: nick

[ad_1] There is widespread concern that AI will lead to mass unemployment in the years ahead. As I and others have pointed out, we have yet to see any evidence of this in the data on job growth or productivity. But maybe we just have to wait a bit longer. But the idea that AI will eliminate all the jobs ignores the ways that creative entrepreneurs can develop new industries that require hundreds of thousands, or even millions of employees. These new industries may contribute nothing to well-being, but they create jobs. The best example of this sort of waste…

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[ad_1] There is a Solution for Survival The world is unraveling before our eyes. The Strait of Hormuz has been effectively closed by Iranian mines and missiles, and the global energy artery that once pumped 20 million barrels of oil per day is now a clogged, contested waterway. As I have reported repeatedly, the closure has sent diesel above $5 a gallon, triggered food price spikes, and exposed the catastrophic fragility of our centralized supply chains. This is not an accident of geography — it is a systemic weakness that globalist elites have engineered for decades to force dependency and…

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[ad_1] Photograph by Nathaniel St. Clair Senate Republicans, the Associated Press reports, plan to give the Secret Service $1 billion for “security upgrades” to president Donald Trump’s  (supposedly $400 million, supposedly donation-funded) White House ballroom project. After an assassination attempt outside the Washington Hilton ballroom hosting the White House Correspondents’ Dinner in April, Republicans began boosting the ballroom itself as a presidential safety solution. Every time the president ventures forth to environments inhabited or surrounded by the hoi polloi, they point out, the Secret Service has to create bespoke environments within otherwise open facilities  to ensure that he’s not shot…

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[ad_1] From a decision last year in Ali v. Osman, from Judge Stephanie Hayden (N.D. Cass County Dist. Ct.); I just learned about it because it’s on appeal to the N.D. Supreme Court:Sara and Mojahid were married on February 5, 2001 in Sudan. Under Islamic law, a husband has the right to initiate a divorce (“talaq”) against his wife. All that is required to achieve talaq is for a husband to pronounce his intent to divorce his wife on three separate occasions, either verbally or in writing. The husband does not need to communicate his three pronouncements to his wife.…

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[ad_1] Amy Oldenburg, head of digital assets at Morgan Stanley, says client education — not product design — is the central challenge facing bitcoin adoption at the firm and across the industry. Morgan Stanley launched its bitcoin exchange-traded product, the Morgan Stanley Bitcoin Trust (MSBT), into a market it believes is still in its infancy.  At a panel on Wednesday moderated by Tyler Evans, Amy Oldenburg, the bank’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full, and said that gap is the industry’s most urgent problem.…

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