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It is increasingly difficult to honestly discuss the developments of frontier AI, and what kind of futures we should aim to build, without acknowledging our place at the deathbed of the republic as we know it. Except there is no convenient machine to decide for us that the patient has died. We just have to sit and watch.
~ Dean Ball via Hyperdimensional

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The current account balance represents how much a country’s economy earns from or pays to the rest of the world in a given year. A current account deficit means a country pays foreigners more than it earns from them, making it a net debtor. A surplus means the opposite. For most countries, including the United States, the dominant component of the current account is the trade balance: the difference between imports and exports of goods and services.
~ Michael Starr via American Affairs

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