It's the kind of stuff that got me into programming. I never worked in this space but it was a huge inspiration. I used to buy cdroms that were dumps of certain website like drdobbs and alike
I really hate this "markets are efficient" bullshit. The markets are too slow because they don't incorporate the true cost of stuff. The environment is going to shit and by the time the markets have incorporated that cost, it is too late.
Markets are efficient in the sense that you can't personally make money by trading stocks, not in the sense that the economy is optimal for society as a whole. Pollution is the classic example of a negative externality that harms society by offloading part of the cost of individual behavior to others. But you can't personally make money by exploiting the societal inefficiency of pollution. (In game theory terms, not every Nash equilibrium is a Pareto optimum.)
> The environment is going to shit and by the time the markets have incorporated that cost, it is too late.
I'm not sure that measuring externalities like that are what markets are for.
In the context of this post, for example, the author seems to be casting a pretty narrow net here, and talking about whether market prices are accurate measures of what other people are willing to pay for a thing.
To speak of markets as serving society poorly by not incorporating environmental impacts is to speak of other than what he is talking about when he says "markets are rational".
There would seem to be a gap in the market for indices of climate-linked prices, then people could discover trends, and perhaps trade on their perceptions of mis-pricing.
LTE will give you a datapoint roughly every 2 minutes. Accuracy will depend on the density of the LTE towers (150m - 2km). So besides Google, FB, etc. Telecom operators also play a role in this space. Remember that GPS might not always be turned on while your phone pinging cell phone towers happens all the time.
With future 5G implementations this accuracy will be even further increased because the antenna range is short and the density will be much larger.
I suspect that people wear masks as protection and linger around in closed of spaces too long. Masks are probably good for suggesting big aerosols but the small ones will linger in the air.
Most people around here seem to hate wearing their mask and look for any excuse to remove it. If that means moving to a less risky area, that seems like a desirable outcome.
There is also the difference with me having been patient for some pay off this population to come to terms with their stupidity and pfft. Vax or go to space
