tag: economics
7 proofs
AI will replace over 50% of white-collar jobs by 2035
Sources: Yale Budget Lab / Fortune (February 2026), Anthropic Labor Market Impacts Research (January 2026), J.P. Morgan Global Research — AI's Impact on Job Growth (2025) +1 more
Bitcoin is a proven hedge against inflation and fiat currency collapse.
Sources: Rodriguez & Colombo 2025, Journal of Economics and Business, Conlon & McGee 2021, Finance Research Letters (PMC), Cash2Bitcoin 2025 — Bitcoin Historical Drawdowns +2 more
Consider a sector with \(N \geq 2\) symmetric firms, each endowed with L task-positions. Each firm i chooses an automation rate \(\alpha_i\) in [0,1], paying wage w per human-staffed task and cost c per automated task, with integration friction cost \((k/2) \cdot L \cdot \alpha_i^2\) where \(k > 0\). Aggregate sectoral demand is \(D = A + \lambda \cdot w \cdot L \cdot [N - (1-\eta) \sum_j \alpha_j]\), where \(A > 0\) is exogenous demand, \(\lambda \in (0,1]\) is workers' marginal propensity to consume from wages, and \(\eta \in [0,1)\) is the fraction of displaced wage income recovered through reemployment. Each firm's revenue is \(D/N\) (equal market shares). Define \(s = w - c > 0\) and \(\ell = \lambda(1-\eta)w > 0\). Each firm i maximizes \(\pi_i = D/N - wL(1-\alpha_i) - cL\alpha_i - (k/2)L\alpha_i^2\). The Nash equilibrium automation rate is \(\alpha^{NE} = (s - \ell/N)/k\). The cooperative optimum is \(\alpha^{CO} = (s - \ell)/k\). The difference \(\alpha^{NE} - \alpha^{CO} = \ell \cdot (1 - 1/N)/k\) is strictly positive.
Infinite economic growth is possible on a finite planet.
Sources: International Energy Agency (IEA) — 2024 Commentary, World Resources Institute (WRI), Our World in Data (Hannah Ritchie)
Total international aid disbursed to Palestinian entities from 1994 through 2023 exceeded 40 billion USD in nominal terms when summing OECD DAC bilateral aid and UNRWA contributions.
Sources: Wikipedia — International aid to Palestinians (citing OECD DAC data), Arab Center Washington DC — International Aid to the Palestinians (2022, citing OECD DAC data), The Borgen Project — Foreign Aid to Palestine (citing Arab Center DC, which cites OECD) +1 more
The purchasing power of the US dollar has declined by more than 90% since the Federal Reserve was established in 1913.
Sources: RateInflation.com (sourced from U.S. Bureau of Labor Statistics), InflationData.com (sourced from U.S. Bureau of Labor Statistics), Wikipedia: Federal Reserve Act +1 more
US venture capital funding reached $332 billion in 2021 before declining by over 35% in 2022.
Sources: NVCA Press Release: U.S. VC Activity Soars to New Highs in 2021, CB Insights: State of Venture 2022 Report, Built In: VC Funding Dropped in 2022 but Eclipsed Pre-2021 Totals (citing PitchBook-NVCA)