Amazing metaphors I never expected to learn as much about donkeys as I did agents!
I wonder if 2026 will also be a reckoning year for media (especially social) as the "donkeys" of our time provide the means to significantly alter its market and drive changes in how people want to consume media.
That's a change. Johan as Cassandra (doomed to prophesy disaster and be right and not be believed)? But the incurable optimism still crept in. I was hoping for a good dose of gloom to start the year.
Excellent, Johan. These are the type of (AI impacting) insights I believe the best of academia will be able to come up with icreasingly and then share with us as lifelong students of world affairs, past and present, and the human condition ln general. Fantastic to see that you as a fellow economist is taking a lead in this regard. On the other hand it is quite disappointing to notice that some in academia still want to fight AI instead of harnessing it, in the sense of your donkey analogy. The latter will simply cause students choosing to replace Professor Human Being with Professor AI, whilst you seem to have found a good way of marrying two suiters that can actually live happilly together, with all the potential marital dangers inherent in any a risky marriage. But as we know as economists, risk is mostly inversely related to reward...
Amazing metaphors I never expected to learn as much about donkeys as I did agents!
I wonder if 2026 will also be a reckoning year for media (especially social) as the "donkeys" of our time provide the means to significantly alter its market and drive changes in how people want to consume media.
Johan brilliantly written thank you, baie dankie!
That's a change. Johan as Cassandra (doomed to prophesy disaster and be right and not be believed)? But the incurable optimism still crept in. I was hoping for a good dose of gloom to start the year.
Excellent, Johan. These are the type of (AI impacting) insights I believe the best of academia will be able to come up with icreasingly and then share with us as lifelong students of world affairs, past and present, and the human condition ln general. Fantastic to see that you as a fellow economist is taking a lead in this regard. On the other hand it is quite disappointing to notice that some in academia still want to fight AI instead of harnessing it, in the sense of your donkey analogy. The latter will simply cause students choosing to replace Professor Human Being with Professor AI, whilst you seem to have found a good way of marrying two suiters that can actually live happilly together, with all the potential marital dangers inherent in any a risky marriage. But as we know as economists, risk is mostly inversely related to reward...
Is dit werklik moontlik dat almal in die wêreld armoede ontsnap?
Absolute armoede, soos in om op minder as $3 per dag te probeer oorleef? Ja, dit is.