This simulation claims otherwise (though I agree it's hard to believe):
> A significant degradation of external thermal comfort can also be seen in the simulations, as heat released by AC systems warms the outside air (see figure 3). The temperature increases due to AC depend on the time of day and on the characteristics of the heat wave, mainly its intensity. On average, the duration spent under high heat stress conditions in the streets is increased by about 20 min per day because of AC.
> Obviously a rejected resume is more likely to be rejected by every other employer and an accepted resume is more likely to be accepted by every other employer.
But that wasn't the case for non-algorithmic screening. From the paper:
"By contrast, we find that when first round screening is not mediated by a single screening procedure, systemic rejections are close to the baseline. To support the empirical validity of our baseline, we study homogeneous outcomes in the largest study of first-round screening at U.S. employers to date. Kline et al. [38] generated 83000 synthetic resumes and submitted these resumes to vacant positions at 108 US companies between October 2019 and April 2021, a similar time period to our data. The companies, which are a subset of the Fortune 500,15
collectively employ 15 million workers. We analyze the homogeneity observed in the resulting callback outcomes in their data. We find that the baseline is an effective estimator of the systemic rejection rate for this dataset. As shown in Figure 3, the observed systemic rejection rate is accurately predicted by the baseline and a chi-squared goodness-of-fit test cannot reject equality of the two distributions (2 = 20.05, = 0.69). In other words, while the largest previous study observes systemic rejection rates consistent with employers making statistically independent decisions, the algorithmic hiring data shows significantly correlated outcomes that lead to higher-than-baseline systemic rejection rates."
Opposing Israel's flagrant violations of international law is not hate speech or discrimination against Jews, regardless of how desperately you want it to be.
Alameda was only profitable in the years when Bitcoin was going up. By 2022 their trading operations were deeply negative (hence the decision to steal customer funds).
Indeed, the ultra-wealthy pay far less than 40% effective estate tax. Seems closer to 15% due to creative accounting, which is further reduced to 6.8% by charitable contributions:
> Specifically, for single decedents, estate taxes paid equal 6.8% of the value of Forbes wealth at death. The value of their gross estate is 39% of the Forbes estimate of their wealth. This large gap, already noted in earlier work (Raub et al., 2010), is likely to reflect the various techniques available to high-net-worth individuals to undervalue assets in the context of the estate tax. Taxable estate is then 45% of gross estate (due to deductions primarily gifts to charities) and on that base the tax rate is 39% (Balkir et al., 2025, Table 4 Panel B).
Is this an artifact of dynamic resizing at small resolutions?