Carter Davis @CarterDavisFin
assistant finance prof at The Ohio State University, UChicago @ChicagoBooth PhD, dad, husband, math nerd, sci fi aficionado Joined January 2022-
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Ive decided the only college football national championships that count are those with the 12 team playoffs: just Ohio State and Indiana. Coincidence: my employers have been Indiana and Ohio State. Cool for me. Go Hoosiers!
Yeah this. We have 4 kids, but if we could skip the baby part we’d have like 10 kids. Babies are really hard.
i can't believe babies suck so much. i am pro kids, i like kids, we should have more kids, but it'd be so much easier to have a flourishing world full of kids if babies sucked less
This is articulated well. With kids, you can focus on life preparation or focus on teaching obedience to the parent (setting up adversarial relationships to do so). The former is better and the latter (obedience) doesn’t even last that long.
@jeremykauffman I think you're imagining me as not being capable of this. It's actually the opposite - I have so much of this instinct that I feel contempt for your son for giving in. Obviously once something has been turned into a direct conflict of wills, the only honorable solution is to hold
Building an AI system to argue with you like economists is just so fantastic. Quadruple love this!
I've always found seminar preparation to be one of the trickiest parts of academic research. Inspired by @ben_golub and @alexolegimas, I vibe coded Dry Run -- a tool to practice presentations with an AI-powered audience that interrupts you in real-time.
Most interesting thread I’ve read in a long time.
Like @davidbessis and others, I think that Hinton is wrong. To explain why, let me tell you a brief story. About a decade ago, in 2017, I developed an automated theorem-proving framework that was ultimately integrated into Mathematica (see: youtube.com/watch?v=mMaid2…) (1/15)
I hope some day Alabama can be as good as Old Dominion. It’s good to have a goal.
Like @davidbessis and others, I think that Hinton is wrong. To explain why, let me tell you a brief story. About a decade ago, in 2017, I developed an automated theorem-proving framework that was ultimately integrated into Mathematica (see: youtube.com/watch?v=mMaid2…) (1/15)
@judsonsprinkler I’m in for an inevitable steak dinner in a year. Fantastic.
This merger cannot be stopped. They’ll stick together no matter what.
FTC sues to stop Loctite, Liquid Nails construction adhesive merger: ftc.gov/news-events/ne…
This is really the core of the debate. Now Utah tax payers have effectively made a bet with leverage on r being high for the University of Utah sports.
I am a PhD financial economist, and I just want to say that ChatGPT answered this one well. This is leverage.
I’m in IT, not finance, but based on everything I’ve read I don’t see where Utah leveraged or borrowed money. Everything points to this being equity in a new for profit arm where Utah keeps 66% ownership. There’s no debt and no repayment attached.
@RenaudFoucart @RaoCavale This is what you meant I’m sure:
Here’s a hog-nosed shrew rat to brighten your day! Found on Sulawesi Island, this critter feeds on small invertebrates like earthworms and arthropods. In addition to its distinctive flat nose, it also has remarkably long incisors! This species was unknown to science until 2015.
This is funny because we (economists) try to reduce humans a lot more than just rats: we use equations. Models. Much more simple than rats. But come on, trying to figure out the first order fundamental forces at work, despite living in a messy world, is at the heart of science.
This is precisely the problem with neoclassical economics. In order to drive "scientific" results, it reduces human behaviour to that of animals (with relatively less developed brains, if I may add).
This. Love it.
One of the quiet privileges of academia: you spend your days surrounded by some of the brightest people on the planet — all trying to understand something deeply. Not to sell it, not to exploit it, just to understand. That changes you.
That tracks. I’m originally from Idaho, and backflips were important. Soo many people could do backflips. This is the kind of heavy hitting social science research we need more of.
According to Google Trends, the states that search “how to do a backflip” most often are: 1. Utah 2. Wyoming 3. Idaho 4. Montana 5. Alaska I’m not making this up.
@RenaudFoucart I laughed out loud at this. Fantastic.
But I mean, do any of these monkeys have skill, or is it all luck? Skilled monkeys could be cool! I for one, would absolutely read a full coherent book written by a monkey.
If you give 1m monkeys 10k to trade, one of them will become a billionaire and write a best seller titled "bananomics: using your inner primate to beat the market"
@RenaudFoucart I think my excitement to read a coherent book written by a monkey tells me that I haven’t really internalized the infinite monkeys theorem, but I stand by it. I want to read it, if we can make it happen.
Maximizing marginal utility? Ha, love it. “You know those times when things are really bad and people are desperate for a bit more consumption? Yeah, we want a lot of that. As much as possible.”
The Nobel this year is a Dutch economist 🇳🇱, French economist 🇫🇷, and Canadian economist 🇨🇦, where 3/3 received US 🇺🇸 phds, 2/3 are working in US 🇺🇸 universities, benefiting US students. That is the magic of the US: we attract the best and benefit from their work!
BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr
Yes, this! I worked in two factories for a short time (one was a potato flake factory because I’m from Idaho), and it was terrible. Mind numbing. Being a researcher is incredible. Thinking for a living? Amazing. Being a poor PhD with 3 Nobel laureates as my instructors? Cool!
I used to work 6am - 6pm, 6 days a week, on a construction site in my early 20s. Honestly? It fucking sucked, dude. I would sit in my car outside the site at 530am, desperately drinking a coffee, telling myself over and over again, "god I wish I was in sciences" Because every
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