AI drivel, eh?

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On Wed, Nov 20, 2024 at 16:29 Pieter Steenekamp <piet...@randcontrols.co.za>
wrote:

> I asked MS Copilot and she gave the following answer:
>
> Me:
> Please help clarify this for me? In an interview, Javier Milei, the
> President of Argentina, made two seemingly contradictory claims: (a) 50,000
> public employees were laid off, and (b) not a single job was lost. How can
> both statements be true? What actually happened in Argentina over the past
> year?
>
> MS Copilot:
> Javier Milei's statements might seem contradictory at first, but they can
> be understood in the context of his broader economic policies and the
> specific actions taken by his administration.
> What Happened in Argentina
>
>    1.
>
>    *Layoffs of Public Employees*:
>    -
>
>       Javier Milei's administration laid off a significant number of
>       public employees. Reports indicate that around 50,000 state employees 
> were
>       laid off as part of his efforts to reduce government spending and
>       streamline the public sector2. This move was part of a broader
>       strategy to cut public spending and reduce the national deficit.
>       2.
>
>    *Economic Context*:
>    -
>
>       Argentina has been facing severe economic challenges, including
>       high inflation and a struggling economy. Milei's administration has
>       implemented various austerity measures to address these issues, which
>       included reducing the number of public sector employees.
>       3.
>
>    *Private Sector Job Creation*:
>    -
>
>       Despite the layoffs in the public sector, Milei's administration
>       has been focused on creating jobs in the private sector. The claim that
>       "not a single job was lost" likely refers to the overall employment
>       situation, where the administration aims to offset public sector job 
> losses
>       with private sector job creation. This approach is intended to stimulate
>       economic growth and reduce the burden on the state.
>
> Summary
>
> While the layoffs of public employees are a fact, the claim that "not a
> single job was lost" can be interpreted as an assertion that the overall
> employment situation has not worsened due to efforts to create jobs in the
> private sector. This reflects Milei's broader economic strategy of reducing
> government expenditure while promoting private sector growth.
>
> Does this help clarify the situation for you?
>
> References:
> 1reason.com2buenosairesherald.com3www.batimes.com.ar
>
> On Thu, 21 Nov 2024 at 01:02, Roger Critchlow <r...@elf.org> wrote:
>
>> How can you have "laid off 50,000 public employees so far [...] while
>> [...] not losing jobs."?  Are public employees not working at jobs?  Are
>> jobs not lost if you destroy them on purpose?
>>
>> -- rec --
>>
>> On Wed, Nov 20, 2024 at 10:05 AM Marcus Daniels <mar...@snoutfarm.com>
>> wrote:
>>
>>> Axios may be on to something.   MSNBC is more like therapy than news.
>>>
>>>
>>>
>>> *From: *Friam <friam-boun...@redfish.com> on behalf of Pieter
>>> Steenekamp <piet...@randcontrols.co.za>
>>> *Date: *Wednesday, November 20, 2024 at 8:57 AM
>>> *To: *The Friday Morning Applied Complexity Coffee Group <
>>> friam@redfish.com>
>>> *Subject: *Re: [FRIAM] Javier Milei
>>>
>>> Claude deserves some applause for doing a solid job summarizing the
>>> podcast — well done! The conclusion, "As with any extreme ideology, a
>>> degree of skepticism is warranted until real-world evidence validates the
>>> theories," seems pretty spot-on. It’s a good reminder that bold ideas often
>>> need to prove themselves in the wild.
>>>
>>> I’m genuinely curious to see how things play out in the next year or so.
>>> Let’s be honest, Argentina could really use a win when it comes to
>>> improving things. Fingers crossed for fewer missteps and more meaningful
>>> strides forward!
>>>
>>>
>>>
>>> On Wed, 20 Nov 2024 at 18:03, glen <geprope...@gmail.com> wrote:
>>>
>>> Nearly 2 hrs? No thanks. Here's Claude's summation, FWIW.
>>>
>>> --------------------
>>> Claim 1: Milei says he came to understand the ideas of freedom and
>>> Austrian economics in 2013-2014 after reading works by Rothbard, Mises,
>>> Hayek and others. This caused a "revolution" in his thinking.
>>>
>>> Claim 2: Milei describes himself as an anarcho-capitalist in principle,
>>> but a minarchist in practice given real-world constraints. He wants to
>>> minimize the state as much as possible.
>>>
>>> Claim 3: Upon taking office, Milei says Argentina had annual inflation
>>> heading towards 17,000%, poverty near 50%, fiscal deficits of 15% of GDP,
>>> and was on the brink of hyperinflation and economic collapse.
>>>
>>> Claim 4: Milei says his government achieved fiscal balance in its first
>>> month, cut ministries by over half, laid off 50,000 public employees so
>>> far, cut social plans, and reduced inflation from a 17,000% annual rate to
>>> 2.4% in six months, all while avoiding price controls and not losing jobs.
>>>
>>> Claim 5: Milei's goal is to make Argentina the freest country in the
>>> world through deregulation and free market reforms. He believes this will
>>> dramatically increase GDP per capita.
>>>
>>> Claim 6: Milei is aligned geopolitically with the US and Israel, which
>>> he sees as representing freedom and Western liberal democracy against
>>> autocracy. He wants stronger trade ties with the US.
>>>
>>> Claim 7: Milei believes free market capitalism is the best system for
>>> human cooperation and prosperity. He rejects the notion of market failures
>>> and says neoclassical economics enables harmful government interventions.
>>>
>>> In summary, Milei makes bold claims about rapidly improving Argentina's
>>> economy through free market policies. More data over time is needed to
>>> fully assess the results. His broader philosophical arguments express
>>> common libertarian/anarcho-capitalist views, which are influential in some
>>> circles but rejected by many mainstream economists and experts. As with any
>>> extreme ideology, a degree of skepticism is warranted until real-world
>>> evidence validates the theories.
>>>
>>> On 11/20/24 01:29, Pieter Steenekamp wrote:
>>> > I’m not entirely convinced this group will be moonwalking with joy
>>> over Javier Milei’s actions, but I must admit I’m intrigued by what he
>>> claims to have achieved in Argentina over the past year, as he shared on
>>> Lex Fridman’s podcast: https://www.youtube.com/watch?v=8NLzc9kobDk <
>>> https://www.youtube.com/watch?v=8NLzc9kobDk>.
>>>
>>> --
>>> ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ
>>>
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