Nick Hare
@nickhare.bsky.social
310 followers 340 following 560 posts
Helping first-gen/low-income students achieve their life goals, Cofounder of FGAccess.com
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nickhare.bsky.social
They will never know. FOX won't tell them and they don't read.
nickhare.bsky.social
Good luck getting a loan for next year's crop.
nickhare.bsky.social
Wow, I never realized that.
nickhare.bsky.social
When the AI bubble bursts, the markets will fall, causing a run on crypto. Fun for all.
nickhare.bsky.social
nickhare.bsky.social
The modern American RW seems to stop reading after the Second Amendment, which, to be fair, is farther than they get in the Ten Commandments.
nickhare.bsky.social
The modern American RW seems to stop reading after the Second Amendment, which, to be fair, is farther than they get in the Ten Commandments.
nickhare.bsky.social
I had a former classmate make that mistake when writing a cover letter for city planning jobs. She wrote "I look forward to working in the pubic sector". She was more than a bit embarrassed when she found out.
nickhare.bsky.social
A market crash will cause a crypto crash, fun times ahead
nickhare.bsky.social
I hope you have some frozen custard. Nothing but healthy eating in my home State
nickhare.bsky.social
You're the only one not making sense, but Bitcoin is up 21% YTD.
nickhare.bsky.social
Talk to Billie Holliday, George Carlin, and Lenny Bruce about cancel culture. The RW invented cancel culture.
nickhare.bsky.social
I made no such assumption. When the AI bubble bursts (it will) people will do what they always do. They will want to cash out where they can, and this will cause the Crypto bubble to burst.
nickhare.bsky.social
Different, yes. It will be much bigger and will create a crash in Crypto as people rush to get $$$
nickhare.bsky.social
When the market crashes, people will want $$$ and the run on crypto will make the Running of the Bulls look safe
nickhare.bsky.social
They misuse most words. they use blame when the proper word is responsible. "You blame Trump" when Trump was responsible for the ...."
nickhare.bsky.social
I'd say 70/30 that they find some way to blame Dems
nickhare.bsky.social
All those corporations that relocated to red states for tax purposes would run home.
nickhare.bsky.social
I grew up in WI and have tried speaking with people I grew up w who voted for Trump. FOX and other RW angertainment has convinced them their worldview is correct, even though most have never left the country and rarely leave the state
nickhare.bsky.social
Our country would have been much better off if Lincoln had freed the slaves, gotten them all up north, and then let the South go off on its own.
nickhare.bsky.social
And they never ask a Republican why they don't answer the question
Reposted by Nick Hare
iansociologo.bsky.social
Studying 25,000 workers across 7,000 workplaces, this study finds that: "AI chatbots have had no significant impact on earnings or recorded hours in any occupation... Our findings challenge narratives of imminent labor market transformation due to Generative AI."

papers.ssrn.com/sol3/papers....
Large Language Models, Small Labor Market Effects
University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2025-56

Anders Humlum
University of Chicago - Booth School of Business

Emilie Vestergaard
University of Copenhagen, Department of Economics, Students

Date Written: April 15, 2025

Abstract
We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark. AI chatbots are now widespread—most employers encourage their use, many deploy in-house models, and training initiatives are common. These firm-led investments boost adoption, narrow demographic gaps in take-up, enhance workplace utility, and create new job tasks. Yet, despite substantial investments, economic impacts remain minimal. Using difference-in-differences and employer policies as quasi-experimental variation, we estimate precise zeros: AI chatbots have had no significant impact on earnings or recorded hours in any occupation, with confidence intervals ruling out effects larger than 1%. Modest productivity gains (average time savings of 3%), combined with weak wage pass-through, help explain these limited labor market effects. Our findings challenge narratives of imminent labor market transformation due to Generative AI.
nickhare.bsky.social
It's not a fine that matters unless it impacts the stock price.
nickhare.bsky.social
Who among us hasn't flooded a server room with water from their pool to get rid of evidence?