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interesting things I read or learned that month. The latter is
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March 2026 Roundup
Grade inflation hurts students in the long run
Being assigned a higher average grade inflating teacher reduces a
student's future test scores, the likelihood of graduating from
high school, college enrollment, and ultimately earnings. ...The
cumulative impact is economically significant: a teacher with one
standard deviation higher average grade inflation reduces the
present discounted value of lifetime earnings of their students by
$213,872 per year.
Related, one proposed solution to grade inflation: capping the number
of A grades awardable, penalizes students for taking difficult
courses.
The real problem is not inflation per se. It’s that students are
penalized for taking harder courses with stronger peers. A grade
cap leaves that distortion intact—and can even amplify it.
...
The underlying issue is informational. A grade tries to capture
two things—student ability and course difficulty—with a single
number. Gans and Kominers show that in general this is impossible:
if some students take math and earn B’s while others take
political science and earn A’s, there is no way, from grades
alone, to tell whether the difference reflects ability or course
difficulty.
Malus provides "clean room as a service" (i.e., the removal of
external dependencies from a software project)
Our proprietary AI robots independently recreate any open source
project from scratch. The result? Legally distinct code with
corporate-friendly licensing. No attribution. No copyleft. No
problems.
This is a consequence of zero-cost software I hadn't considered. An
important question is whether the negative effects of this on the open
source ecosystem will be outweighed by the increase in AI-assisted
contributions. Also raises some interesting legal questions.
https://malus.sh
Robin Hanson's "Grabby Aliens" model (2020) suggests that if humans
stay put on Earth, we won't discover aliens for 500 million years
(median estimate) but once we do, it will only be a few years before
they arrive on our doorstep. Fun idea.
I think this factor is under-estimated when discussing the Fermi
Paradox. If most of the planets in the universe are too far away
for us to see alien life, then if we see it at all we’ll be seeing
their space ships as they come to us. But we won’t even see them
launch to us, even with perfect telescopes staring out into the
galaxy, until they’re almost here. In practice this means that, in
the grand scheme of human history, the phase between becoming
aware of aliens and meeting them is vanishingly short.
The real issue is not “Who will get the profits from AI?”; the
most interesting question is whether AI will lead to the
production of 130 million household servant robots, or the
production of another 2000 mega-yachts. When examining issues of
inequality, it often makes more sense to focus on the structure of
output, not the distribution of income.
...
I often see discussions of AI that makes a similar error, failing
to understand that the essential question is output, not
distribution. Many worriers about AI don’t seem to understand that
these two scenarios are almost identical:
1. What if AI replaces all jobs?
2. What if America becomes so rich that we can all live as
billionaires?
Brain-drain to the U.S. has significantly slowed Canada's economic
growth
From 2014 to 2024, Canada’s real GDP per capita adjusted for
purchasing power parity grew by just 3.2 percent in total, an
anemic 0.4 percent per year on average, and the third lowest among
38 advanced nations. Over the same period, the United States
posted 20.2 percent total growth (1.9 percent annually), and the
OECD average reached 15.3 percent (1.4 percent annually). The
measurement shortcomings cannot explain five-to six-fold
differences in growth rates.
...
The analysis estimates that a substantial share of Canadians who
would rank among top earners in Canada have emigrated to the
United States—roughly 40 percent of potential top 1 percent
earners and 30 to 50 percent of the next nine percentiles.
Canadian-born individuals in the United States are more educated
than native-born Americans, earn substantially more, and cluster
disproportionately in top income deciles.
...
Canada is effectively exporting its inequality to the U.S. The
brain drain simultaneously lowers our average income while raising
American income, accounting for a significant share of the
persistent GDP gap.