🌐 Global Economy 1d ago · Tyler Cowen

Is there a recent growth in negative-sum assets?

Marginal Revolution
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That is the topic of my latest Free Press column, starting with that rebranding of the sneaker company to “an AI company.”  Here is one excerpt:
As an economist, I find positive-sum gambles more appealing than negative-sum gambles. Positive-sum gambles might include buying blue-chip stocks, exercising more (even if there is always risk of injury), marrying, initiating a new friendship, or trying out a new idea at work.
We collectively, as Americans, are trying out more and more of th

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