What if investors overextrapolate from small samples?
We model the law of small numbers (LSN)—the incorrect belief that even small samples represent the properties of the underlying population—to study its effects on […]
China’s long-running cyberespionage operation was aimed at Southeast Asian governments
“Threat actors have used many novel evasion techniques, such as overwriting ntdll.dll in memory to remove the Sophos AV agent process from the kernel, exploiting […]
Thinking at the Edge of Politics
My friend (though we’ve never met) and fellow economist Jon Murphy recently said, in a comment on a recent post by blogger Pierre Lemieux: If […]
The best business books are not in the management category
I expand on this theme in my recent Bloomberg column, here is part one: So I have a humble suggestion for anyone interested in business […]
Monthly GDP for April, and Other Indicators
Monthly GDP is returned. Figure 1: Nonfarm Payroll (NFP) from CES (blue), employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bright […]
Navigating AI disruption in cybersecurity: Actionable steps for leaders
Security leaders live under the constant pressure of evolving and evolving threats, technology trends, and business needs. Many of us have had to play a […]
London hospitals are facing days of disruption after a ransomware attack on a supply chain partner
The incident has badly affected two National Health Service (NHS) hospitals in the capital, including St Thomas’ Hospital, King’s College Hospital, Guy’s Hospital, Royal Brompton […]
Wednesday separate links
1. Jack Clark’s Anthropic Retrospective. 2. How will AI change the bargaining power of workers? (different from changing labor demand in different ways) 3. Tony […]
Cloud security challenges are growing. Here’s why traditional SOC tools fail to address them
The cloud will become the foundation of business operations as IDC estimates that by 2025, there will be more than 750 million applications worldwide. Additionally, […]
Israel Threatens to Capture Hezbollah After Cross-Border Attack Produces Heavy Wildfire
Israeli Prime Minister Netanyahu recently visited the northern border area with Israel and vowed to “take drastic measures” against Hezbollah, as reported in leading stories […]