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#costbenefit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #costbenefit, aggregated by home.social.

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  1. RE: dmv.community/@jcrabapple/1169

    Efficiency, productivity, elegance, most for least, are the real issues; contrasting US & Chinese developments: “The AI race everyone's watching is about which model is best. The race that actually matters is about who can keep the lights on.”

    #AI #USPol #USTech #ChinaPol #ChinaTech #efficiency #EnergyEfficiency #productivity #elegance #mostForLeast #costBenefit #AIRace #keepingTheLightsOn

  2. RE: dmv.community/@jcrabapple/1169

    Efficiency, productivity, elegance, most for least, are the real issues; contrasting US & Chinese developments: “The AI race everyone's watching is about which model is best. The race that actually matters is about who can keep the lights on.”

    #AI #USPol #USTech #ChinaPol #ChinaTech #efficiency #EnergyEfficiency #productivity #elegance #mostForLeast #costBenefit #AIRace #keepingTheLightsOn

  3. RE: mastodon.social/@gwaldby/11687

    A few highlights (didn’t read to end but I’m captivated by the notion of ‘purchasing intelligence by the syllable’): “… Microsoft, which has invested approximately $13 billion in OpenAI and writes up to 30 percent of its own code with generative AI, instructed engineers in a major division to stop using an AI coding assistant because the bills became untenable. One unnamed company, per Axios, ran up a $500 million Claude bill in a single month after management forgot to set a usage cap. These are structural miscalculations about what intelligence costs when you purchase it by the syllable.

    “Bryan Catanzaro, Nvidia's vice president of applied deep learning, put it bluntly: the cost of compute for his team now far exceeds what the company spends on the employees using it. The company that manufactures the hardware powering the AI revolution acknowledges that the technology is more expensive than the people it was supposed to augment.””

    Says everything about (or describes) the inefficiency of the tool & the wealth of certain parts of the world. Also perhaps absence of (or breakdown in) cost-benefit analysis or perhaps - more widely - values.

    #AI #costOfAIReplacingPeople #inefficiency #costBenefitAnalysis #costBenefit #purchasingIntelligenceByTheSyllable #costOfIntelligenceBySyllable

  4. RE: mastodon.social/@gwaldby/11687

    A few highlights (didn’t read to end but I’m captivated by the notion of ‘purchasing intelligence by the syllable’): “… Microsoft, which has invested approximately $13 billion in OpenAI and writes up to 30 percent of its own code with generative AI, instructed engineers in a major division to stop using an AI coding assistant because the bills became untenable. One unnamed company, per Axios, ran up a $500 million Claude bill in a single month after management forgot to set a usage cap. These are structural miscalculations about what intelligence costs when you purchase it by the syllable.

    “Bryan Catanzaro, Nvidia's vice president of applied deep learning, put it bluntly: the cost of compute for his team now far exceeds what the company spends on the employees using it. The company that manufactures the hardware powering the AI revolution acknowledges that the technology is more expensive than the people it was supposed to augment.””

    Says everything about (or describes) the inefficiency of the tool & the wealth of certain parts of the world. Also perhaps absence of (or breakdown in) cost-benefit analysis or perhaps - more widely - values.

    #AI #costOfAIReplacingPeople #inefficiency #costBenefitAnalysis #costBenefit #purchasingIntelligenceByTheSyllable #costOfIntelligenceBySyllable

  5. CW: Hanson Speech — Australia as a country with judeo christian values

    @DarkMatterZine

    Maybe.
    There is a belief - can’t remember where I first read it - that Hanson appeals to feelings not any factual positions or understanding.

    What does it benefit us to have a party of grievance seeking govt? Or perhaps: Are there any benefits? What are the costs? It’s certainly a hard one to push back on or push past. People get very mulish about their feelings-based decisions. (One thing we’ve surely learned from watching the trajectory of Trump in the US.)

    #AusPol #partyOfGrievance #votingWithFeelings #costBenefit

    @davidtheeviloverlord @maudenificent

  6. CW: Hanson Speech — Australia as a country with judeo christian values

    @DarkMatterZine

    Maybe.
    There is a belief - can’t remember where I first read it - that Hanson appeals to feelings not any factual positions or understanding.

    What does it benefit us to have a party of grievance seeking govt? Or perhaps: Are there any benefits? What are the costs? It’s certainly a hard one to push back on or push past. People get very mulish about their feelings-based decisions. (One thing we’ve surely learned from watching the trajectory of Trump in the US.)

    #AusPol #partyOfGrievance #votingWithFeelings #costBenefit

    @davidtheeviloverlord @maudenificent

  7. A quotation from Ellis Peters

    You do what you must do, and pay for it. So in the end all things are simple.

    Ellis Peters (1913-1995) English writer, translator [pseud. of Edith Mary Pargeter]
    Brother Cadfael’s Penance, ch. 16 (1994)

    More about this quote: wist.info/peters-ellis/75756/

    #quote #quotes #quotation #qotd #ellispeters #cadfael #brothercadfael #consequences #cost #costbenefit #decision #decisionmaking #must #necessity #riskanalysis #simplicity

  8. RE: mastodon.social/@bencurthoys/1

    Yes, well said. It’s long past time for standard accounting practices to modernise by incorporating externalities as part of costs to be assessed against benefits. 🙏🏻
    Whatever happened to the project to push that integration along? It was all the go & being talked about (along with triple bottom line accounting) back in ?2006 & even before that I think (initiated by the IMF or some other global economics player)… 🤔
    So much outstanding work needs to be done to “standard” accounting practices.

    #standardAccountingPractices #externalities #ModernisingAccounting #costBenefit #IncorporatingExternalities #holisticCosting

  9. RE: mastodon.social/@bencurthoys/1

    Yes, well said. It’s long past time for standard accounting practices to modernise by incorporating externalities as part of costs to be assessed against benefits. 🙏🏻
    Whatever happened to the project to push that integration along? It was all the go & being talked about (along with triple bottom line accounting) back in ?2006 & even before that I think (initiated by the IMF or some other global economics player)… 🤔
    So much outstanding work needs to be done to “standard” accounting practices.

    #standardAccountingPractices #externalities #ModernisingAccounting #costBenefit #IncorporatingExternalities #holisticCosting

  10. A review of developmental psychology and behavioral literature supports a conclusion that people regard effort as a cost, and do not avoid that cost when the reward makes it worthwhile.

    Summary: neurosciencenews.com/humans-av

    Original paper: sciencedirect.com/science/arti

    #Science #Psychology #Motivation #CostBenefit

  11. A review of developmental psychology and behavioral literature supports a conclusion that people regard effort as a cost, and do not avoid that cost when the reward makes it worthwhile.

    Summary: neurosciencenews.com/humans-av

    Original paper: sciencedirect.com/science/arti

    #Science #Psychology #Motivation #CostBenefit

  12. A quotation from Terry Pratchett

    And Sergeant Colon once again knew a secret about bravery. It was arguably a kind of enhanced cowardice — the knowledge that while death may await you if you advance it will be a picnic compared to the certain living hell that awaits should you retreat.

    Terry Pratchett (1948-2015) English author
    Discworld No. 21, Jingo (1988)

    More about this quote: wist.info/pratchett-terry/8091…

    #quote #quotes #quotation #qotd #terrypratchett #discworld #alternatives #bravery #costbenefit #courage #cowardice #danger #death #informeddecision #punishment #retreat #riskanalysis #riskassessment

  13. A quotation from Abraham Lincoln

    The advice of a father to his son “Beware of entrance to a quarrel, but being in, bear it that the opposed may beware of thee,” is good, and yet not the best. Quarrel not at all. No man resolved to make the most of himself can spare time for personal contention. Still less can he afford to take all the consequences, including the vitiating of his temper and loss of self control. Yield larger things to which you can show no more than equal right; and yield lesser ones, though clearly your own. Better give your path to a dog than be bitten by him in contesting for the right. Even killing the dog would not cure the bite.

    Abraham Lincoln (1809-1865) American lawyer, politician, US President (1861-65)
    Letter (1863-10-26) to J. M. Cutts

    More about this quote: wist.info/lincoln-abraham/2191…

    #quote #quotes #quotation #qotd #abelincoln #abrahamlincoln #anger #argument #backdown #consequences #contention #costbenefit #fight #priorities #prudence #quarrel #selfcontrol #temper #yielding

  14. A quotation from Ellis Peters

    You do what you must do, and pay for it. So in the end all things are simple.

    Ellis Peters (1913-1995) English writer, translator [pseud. of Edith Mary Pargeter, who also wrote under the names John Redfern, Jolyon Carr, Peter Benedict]
    Brother Cadfael’s Penance, ch. 16 (1994)

    Sourcing, notes: wist.info/peters-ellis/75756/

    #quote #quotes #quotation #consequences #costbenefit #decisionmaking #must #necessity #riskanalysis #simplicity #cost #decision

  15. I mean seriously?!

    Could you imagine if #auspol used VSL value-of-statistical-life (currently valued at $5.3 million per normal person) based approach in #housing policy areas as they do in infrastructure?

    Sensible move really when you consider the #homeless die at almost twice the rate as those who are housed.

    Apparently #mortality isn’t considered ethical.

    Here is a quick little hypothetical mock-up I made - and as you can see - I kept receipts...

    #CostBenefit #ROI #Invest #Morality

  16. I mean seriously?!

    Could you imagine if #auspol used VSL value-of-statistical-life (currently valued at $5.3 million per normal person) based approach in #housing policy areas as they do in infrastructure?

    Sensible move really when you consider the #homeless die at almost twice the rate as those who are housed.

    Apparently #mortality isn’t considered ethical.

    Here is a quick little hypothetical mock-up I made - and as you can see - I kept receipts...

    #CostBenefit #ROI #Invest #Morality

  17. In December a new European Commission will take office. Under the slogan of #competitiveness, they see it as their priority to hack away at public interest rules – from social rights to the environmental protections – that corporations and lobbies consider too ‘inhibiting’.

    Here are 16 different initiatives the @eu deregulation campaign will unfold: corporateeurope.org/en/2024/11

    #costBenefit #SingleMarket #EU #EuropeanCommission #Commission #Europe #UrsulaVonDerLeyen #VonDerLeyen #UvDL #lobbies #CorporateEurope #industry #economy #transition #socialRights #environment #business

  18. In December a new European Commission will take office. Under the slogan of #competitiveness, they see it as their priority to hack away at public interest rules – from social rights to the environmental protections – that corporations and lobbies consider too ‘inhibiting’.

    Here are 16 different initiatives the @eu deregulation campaign will unfold: corporateeurope.org/en/2024/11

    #costBenefit #SingleMarket #EU #EuropeanCommission #Commission #Europe #UrsulaVonDerLeyen #VonDerLeyen #UvDL #lobbies #CorporateEurope #industry #economy #transition #socialRights #environment #business

  19. Tradeoffs between rewards & costs involve the #dopaminergic system. @GJocham &co show that #dopamine & #acetylcholine have opposing effects on the modulation of specific components of #CostBenefit #DecisionMaking in humans #PLOSBiology plos.io/463uIik

  20. Tradeoffs between rewards & costs involve the #dopaminergic system. @GJocham &co show that #dopamine & #acetylcholine have opposing effects on the modulation of specific components of #CostBenefit #DecisionMaking in humans #PLOSBiology plos.io/463uIik

  21. Landsat Next – Satellites Offers Improved Data To Earth
    --
    doi.org/10.3133/fs20243005 <-- link to USGS fact sheet 2024-3005
    --
    landsat.gsfc.nasa.gov/satellit <-- NASA page
    --
    usgs.gov/landsat-missions/land <-- USGS page
    --
    youtu.be/339KeL29tig?si=kr9asL <-- NASA Goddard overview video
    --
    “With a trio of smaller satellites that can each detect 26 wavelengths of light, the Landsat Next mission is expected to look very different from its predecessors that have been observing Earth for 50 years. This new plan for Landsat Next, a joint mission of NASA and the U.S. Geological Survey, is designed to provide more frequent, and finer resolution, data of the changing surface of Earth…”
    #GIS #spatial #mapping #remotesensing #earthobservation #monitoring #satellite #Landsat #LandsatNext #planning #global #imagery #visualisation #spectral #usecase #appliedscience #economicimpact #economicvalue #value #costbenefit #multispectral #synoptic #natural #humanimpact
    @USGS @nasa @NASAGoddard @USGSEROS

  22. Landsat Next – Satellites Offers Improved Data To Earth
    --
    doi.org/10.3133/fs20243005 <-- link to USGS fact sheet 2024-3005
    --
    landsat.gsfc.nasa.gov/satellit <-- NASA page
    --
    usgs.gov/landsat-missions/land <-- USGS page
    --
    youtu.be/339KeL29tig?si=kr9asL <-- NASA Goddard overview video
    --
    “With a trio of smaller satellites that can each detect 26 wavelengths of light, the Landsat Next mission is expected to look very different from its predecessors that have been observing Earth for 50 years. This new plan for Landsat Next, a joint mission of NASA and the U.S. Geological Survey, is designed to provide more frequent, and finer resolution, data of the changing surface of Earth…”

    @USGS @nasa @NASAGoddard @USGSEROS

  23. @kevinrns Very welcome. A question: has anyone done analysis of the #costbenefit to society?

  24. @kevinrns Very welcome. A question: has anyone done analysis of the #costbenefit to society?

  25. The "Costs of War" project, based at Brown University in Providence, Rhode Island, estimates that the total death toll in post-9/11 wars – including Afghanistan, Pakistan, Iraq, Syria and Yemen – could be at least 4.5-4.7 million:
    Stephanie Savell (2023) watson.brown.edu/costsofwar/pa

    Blair is one of the Western leaders who shares complicity for this appalling death toll: mondediplo.com/2003/07/01ramon

    State lying has been thrown down the memory hole by media outlets who welcome him with open arms.

    (to be continued)

    #Post911Wars #WarOnTerror #unjustWars #warCriminals #Blair #Bush #Sarkozy #entitlement #presumption #fragility #insecurity #stats #mortality #wars #diseases #starvation #costing #internationalLaw #costBenefit #IHL #casualties #collateralDamage #warCrimes #terrorism #counterTerrorism #war #warfare #civilians #ethics #grievability #StateViolence #violence #anthropology #epidemics #pollution #statistics #mortality #demography #diseases #injuries #conflicts #USWars #deaths #politics

  26. The "Costs of War" project, based at Brown University in Providence, Rhode Island, estimates that the total death toll in post-9/11 wars – including Afghanistan, Pakistan, Iraq, Syria and Yemen – could be at least 4.5-4.7 million:
    Stephanie Savell (2023) watson.brown.edu/costsofwar/pa

    Blair is one of the Western leaders who shares complicity for this appalling death toll: mondediplo.com/2003/07/01ramon

    State lying has been thrown down the memory hole by media outlets who welcome him with open arms.

    (to be continued)

  27. This Sadler's Lectures podcast episode finishes the set of five on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". After this, it's on to episodes about Rosemarie Tong's examination of ethics of care

    soundcloud.com/gregorybsadler/
    #Podcast #Philosophy #Ethics #CostBenefit #Audi #Pluralism #PrimaFacieDuties

  28. This Sadler's Lectures podcast episode finishes the set of five on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". After this, it's on to episodes about Rosemarie Tong's examination of ethics of care

    soundcloud.com/gregorybsadler/
    #Podcast #Philosophy #Ethics #CostBenefit #Audi #Pluralism #PrimaFacieDuties

  29. I edited a set of Sadler's Lecture podcast episodes on Robert Audi's article on Cost-Benefit Analysis and Ethics, and early released them to my Patreon supporters. Here's the first one looking at Utilitarianism

    soundcloud.com/gregorybsadler/
    #Podcast #Philosophy #Ethics #Utilitarianism #CostBenefit

  30. I edited a set of Sadler's Lecture podcast episodes on Robert Audi's article on Cost-Benefit Analysis and Ethics, and early released them to my Patreon supporters. Here's the first one looking at Utilitarianism

    soundcloud.com/gregorybsadler/
    #Podcast #Philosophy #Ethics #Utilitarianism #CostBenefit

  31. Here's the last new video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". Next set of core concept videos I'm shooting are on a work by Immanuel Kant
    youtu.be/l9SxVgGYUkE
    #Video #CostBenefit #Ethics #Business #Professional #RobertAudi #Philosophy

  32. Here's the last new video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". Next set of core concept videos I'm shooting are on a work by Immanuel Kant
    youtu.be/l9SxVgGYUkE
    #Video #CostBenefit #Ethics #Business #Professional #RobertAudi #Philosophy

  33. Continuing on with the set of core concept videos on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis", here is one looking at his discussion of why virtue ethicists would want to use it

    youtu.be/1v7XgIJI024
    #CostBenefit #Video #Ethics #Virtue #Audi #Business

  34. Continuing on with the set of core concept videos on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis", here is one looking at his discussion of why virtue ethicists would want to use it

    youtu.be/1v7XgIJI024
    #CostBenefit #Video #Ethics #Virtue #Audi #Business

  35. Here is the next core concept video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". This one examines some common criticisms of utilitarian approaches in business and professional ethics

    youtu.be/l-f17Rhyd80
    #Video #Business #Professional #Ethics #RobertAudi #Utilitarianism #CostBenefit

  36. Here is the next core concept video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". This one examines some common criticisms of utilitarian approaches in business and professional ethics

    youtu.be/l-f17Rhyd80
    #Video #Business #Professional #Ethics #RobertAudi #Utilitarianism #CostBenefit

  37. Here is the next core concept video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". This one examines some common criticisms of utilitarian approaches in business and professional ethics

    youtu.be/l-f17Rhyd80
    #Video #Business #Professional #Ethics #RobertAudi #Utilitarianism #CostBenefit

  38. Here is the next core concept video on Robert Audi's article "The Ethical Significance of Cost Benefit Analysis". This one examines some common criticisms of utilitarian approaches in business and professional ethics

    youtu.be/l-f17Rhyd80
    #Video #Business #Professional #Ethics #RobertAudi #Utilitarianism #CostBenefit

  39. I shot a new set of core concept videos on Robert Audi's thought-provoking article "The Ethical Significance of Cost Benefit Analysis" for my Business Ethics students. Here's the first in that series!

    youtu.be/esX-isPuvdg
    #Video #CostBenefit #Utilitarianism #Audi #Ethics #business