Tuomas Kosonen
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tuomaskosonen.bsky.social
Tuomas Kosonen
@tuomaskosonen.bsky.social
170 followers 88 following 3 posts
Research Professor, economics
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Reposted by Tuomas Kosonen
lugaricano.bsky.social
I don't think the argument for the price system rests on full information. I think it rests on Hayek 1945, hence precisely on dispersed local knowledge --i said that before. But let's leave it here. I think we clarified quite a bit, and I hope some of our readers (if there are any!) learned a bit.
January 14, 2025 at 6:44 PM
Reposted by Tuomas Kosonen
carlbergstrom.com
From a soon-to-be-released project with @jevinwest.bsky.social, here's a way to think about what is happening. (2/2)
So why does this happen? As we discussed in Lesson 5, it's difficult or impossible to reverse engineer LLMs to get precise answers. But we can understand the general problem. For us, the statements "Ed Sheeran has a song called The Crow" and "Ed Sheeran doesn't have a song called The Crow" feel like polar opposites. But recall that LLMs encode strings of words in high-dimensional spaces. For the LLM, these statements are very close to one another in that high dimensional space. Both involve Ed Sheeran. Both involve a song called The Crow. What fraction of English utterances involve either, let alone both? To the LLM, whether you throw in the word "doesn't" almost is trivial. Principle: predictive text machines like LLMs measure the distance between statements very differently from the way people do. Claims that seem diametrically opposed to us may seem almost identical to them. As a result, they can be wildly inconsistent in their responses.
January 4, 2025 at 4:47 AM
Reposted by Tuomas Kosonen
jpube.bsky.social
This paper finds that both ice and hot days increase workplace accidents by ~7%.

Results suggest:

1. Little heterogeneity on hot days, on ice days older workers are more affected and accidents are more severe.

2. Main mechanisms are sleep problems on hot days, slipping on ice days.
January 2, 2025 at 2:47 PM
Reposted by Tuomas Kosonen
ivanwerning.bsky.social
January 2, 2025 at 3:06 PM