Technology

ECONOMICS TRUMPS IDEOLOGY:

Don’t Tell Donald Trump, but Texas Is Deep Into Wind and Solar Power (Arcelia Martin, 11/05/25, MoJo)

Solar power has generated 45 terrawatt hours of electricity so far this year—50 percent more than the same period in 2024 and nearly four times more than the same period in 2021.

The availability of solar generation in ERCOT also has reduced the need for gas-fired generation during midday hours, according to the EIA. This energy production comes despite attempts by some Texas lawmakers earlier this year to restrict renewable development across the state.

For Dennis Wamsted, an energy analyst at the Institute for Energy Economics and Financial Analysis, ERCOT’s growing share of renewables shows that it’s the preferred resource type when an energy market is open, like Texas’ deregulated market.


“People are going to build solar and wind, and now battery storage, essentially as quickly as they possibly can,” Wamsted said. “It’s economic—it is what customers want.”

IT’S IMPOSSIBLE TO OVERSTATE DEFLATIONARY PRESSURES:

Coupert: smart shopping extensions are changing the way people save money online (Jon Stojan, November 3, 2025, Digital Journal)

The core advantage is automation. Instead of copying and pasting codes from coupon sites, smart tools like Coupert apply discounts instantly. Cashback rewards are layered in, and price history helps users identify better deals.

Honey: Applies automatic coupons but lacks integrated cashback features.
Rakuten: Provides strong cashback rates but requires manual activation and no coupon testing.
Capital One Shopping: Useful for price tracking, weaker in coupon coverage.
Ibotta: Well-known in groceries, but its receipt-based model is less efficient for online shopping.
RetailMeNot: Popular coupon site, but prone to expired and unverified codes.


Coupert integrates all of these features. Users save an average of $180.12 annually on coupons, $86.92 through cashback, and $333.74 via price tracking.

INFORMATION WANTS TO BE FREE:


The end of the rip-off economy: From finance and medicine to used cars, artificial intelligence is radically improving market efficiency (The Econmist, 10/27/25)

IF YOU KNOW how to use artificial intelligence, it can save you a lot of time and money. Leasing a new car? Be sure to upload a photograph of the contract to ChatGPT first. Need help with a leaky tap? AI often understands the issue—and at a lower cost than a handyman. Parents with a fussy baby can now use chatbots to answer questions in seconds, rather than waiting for a doctor’s appointment. Giving Claude a PDF of a wine list is a great way to find the best-value bottles.

These examples add up to something bigger. As AI goes mainstream, it will remove one of the most enduring distortions in modern capitalism: the information advantages that sellers, service providers and intermediaries enjoy over consumers. When everyone has a genius in their pocket, they will be less vulnerable to mis-selling—benefiting them and improving overall economic efficiency. The “rip-off economy”, in which firms profit from opacity, confusion or inertia, is meeting its match.

Information advantages have existed for as long as markets themselves. In medieval England grocers used fake scales to dupe customers; pub landlords put salt in beer to make patrons thirstier. Such squalid practices are not just annoying. In a paper published in 1970, George Akerlof, a Nobel-prizewinning economist, discussed the market for used cars. It is hard for a buyer to know if such a car works properly or is a “lemon” with hidden problems. Buyers thus assume the worst. As a result, honest brokers, worried about being suspected of exploitative behaviour, stay away. The quality of service declines. Fewer consumers fulfil their needs.

The internet has made it harder to screw over customers. With Carfax and other providers of vehicle data, customers can check the history of a vehicle, overcoming some of the problems identified by Mr Akerlof. Taxi drivers now struggle to take people on circuitous but profitable routes, since apps such as Lyft and Uber tell them exactly where to go. Tripadvisor, a reviews website, sends tourists to restaurants that will provide a decent meal. In the early 2000s there were more than 20 branches of Angus and Aberdeen Steak Houses, a notorious tourist trap, in London. Today there are four, and the ones that remain are better than before.

Efficiency is deflationary.

HOLD THE SABOTS!:

AI Pessimism Fades as Reality Takes Hold (Brent Orrell, 10/30/25, AEIdeas)

In a large-scale Harvard Business School survey of 2,357 adults evaluating AI usage in 940 occupations, they found that reactions depend on how AI’s role is described. When AI was presented as a tool that augments rather than replaces human labor, a majority of Americans supported its use in 94 percent of occupations. Even when AI was described as fully automating core job tasks, respondents favored its use in 58 percent of occupations if it could outperform humans at a lower cost.

The key is specificity. When AI’s potential benefits are explained concretely—faster diagnoses, fewer repetitive tasks and injuries, better scheduling—attitudes shift from fear to interest. In the abstract, AI feels threatening; in context, it often looks like a gift.

IT’LL NEVER FLY, ORVILLE:

Q&A: How speciality retailers are winning the holiday season with agility and AI (yDr. Tim Sandle, October 28, 2025, Digital Journal)

Stern: Independent retailers plan for the holidays with precision, not prediction. They don’t have the purchasing power or storage space typically needed to pre-purchase on a large scale before the holidays. Their budgets are tighter, which forces smarter buying: every order has to earn its place on the shelf, and business owners have to be flexible to find the right product at the right price.

What’s changed in the past few years is how technology makes that kind of precision possible. AI tools can now surface insights that used to take hours of manual tracking: showing which products are trending, how pricing shifts might affect demand, or when to reorder based on sell-through velocity. For a specialty retailer, that kind of intelligence helps them compete with enterprise retailers that have dedicated analytics teams. This technology gives small retailers the same visibility into market trends and customer behavior that big chains have, but with the speed and context that fits how they actually operate.

THANKS, DARPA!:

COVID-19 mRNA vaccines could unlock the next revolution in cancer treatment – new research (Adam Grippin & Christiano Marconi, 10/22/25, The Conversation)

[W]e looked at clinical outcomes for more than 1,000 late-stage melanoma and lung cancer patients treated with a type of immunotherapy called immune checkpoint inhibitors. This treatment is a common approach doctors use to train the immune system to kill cancer. It does this by blocking a protein that tumor cells make to turn off immune cells, enabling the immune system to continue killing cancer.

Remarkably, patients who received either the Pfizer or Moderna mRNA-based COVID-19 vaccine within 100 days of starting immunotherapy were more than twice as likely to be alive after three years compared with those who didn’t receive either vaccine. Surprisingly, patients with tumors that don’t typically respond well to immunotherapy also saw very strong benefits, with nearly fivefold improvement in three-year overall survival. This link between improved survival and receiving a COVID-19 mRNA vaccine remained strong even after we controlled for factors like disease severity and co-occurring conditions.

To understand the underlying mechanism, we turned to animal models. We found that COVID-19 mRNA vaccines act like an alarm, triggering the body’s immune system to recognize and kill tumor cells and overcome the cancer’s ability to turn off immune cells. When combined, vaccines and immune checkpoint inhibitors coordinate to unleash the full power of the immune system to kill cancer cells.

ALL IN YOUR HEAD:

Lifetime of Friendships Slows Aging (Tyler Santora October 10, 2025, Nautilus)

For the new study, researchers compared social experiences across the lifespan of more than 2,100 middle-aged adults in the United States to the biological clock embedded in their DNA. The hands of these biological clocks consist of epigenetic changes to DNA—specifically, patterns in the addition of a chemical called a methyl group to certain genes. Such methylation doesn’t cause mutation; rather, the process turns the gene on or off in different cells of the body at different times. Over time, methylation patterns on certain genes change and can be used as markers of biological aging, a measure of how rapidly cells wear down that can be faster or slower than aging by the calendar. An older biological age is a strong predictor of chronic disease and early death.

The researchers measured social connection in a variety of settings over time to show that people with more social activity and sincere, long-lasting relationships aged more slowly. “We found that the depth and consistency of social connection, built across decades and different areas of life, matters profoundly,” says Anthony Ong, a psychologist at Cornell University. “Strong and sustained social networks appear to actually set back a person’s biological clock.”

LEARN, BABY, LEARN:

Renewables Are a Global Economic Engine, Not a Culture War Threat: Energy companies are learning this lesson faster than Alberta Premier Danielle Smith. (Mitch Andersonon, Sep 29, 2025, DeSmog)


While leaders like Premier Smith and President Trump may try to engage in a futile culture war in favour of fossil fuels, a more compelling force is simple economics. According to Ember, 91 percent of wind and solar installations deployed last year were cheaper than equivalent fossil fuel options. Even in the U.S. – currently riven by divisive politics – over 80 percent of new electrical capacity added in 2025 was solar with three quarters of those installations built in states that voted for Trump.

China also sees this transition as a way to reduce strategic vulnerabilities to foreign oil imports, a sentiment that could soon become contagious around the world. Four fifths of the global population lives in countries that import fossil fuels. Replacing oil, coal and LNG imports with locally produced clean energy is not only cheaper but avoids risky supply chains that are expensive and challenging to defend.

For years oil enthusiasts have predicted that the Global South would provide the engine of future demand. China is upending that agenda by providing cheap reliable renewable technologies to countries like Mexico, Pakistan, and Malaysia. Almost two thirds of developing countries now use a greater proportion of renewables than the U.S. Imports of Chinese solar panels in Africa soared by 60 percent in the last year.

Will political rhetoric overpower economics around a new bitumen pipeline from Alberta? B.C. Premier David Eby is betting not, stating he is not categorically opposed to a privately funded project through his province – apparently confident that it will not happen given the pace of the global energy transition.

“There’s no money for it,” Eby told the CBC, clarifying that his opposition is against public funds being shoveled at a money-losing oil pipeline when many renewable projects are good to go. “We have major projects with private proponents, cash on the table, ready to go to hire people and build — let’s focus on those.”

The authors of the Ember report concur with Eby’s dim assessment of oil pipeline economics, warning, “For petrostates and others committed to expanding fossil fuel extraction, China’s clean energy progress raises questions about the long-term viability of fossil fuel expansion-led development plans.”

Economics trumps ideology.

HOW MUCH TO STOP WHINGEING?:

Pain gets a price tag: New method outshines standard pain assessments (Paul McClure, September 29, 2025, New Atlas)

Alongside these pain assessments using traditional methods, the researchers tested their “monetary equivalence” (ME) method. Participants were repeatedly asked whether they would accept a certain amount of money to experience the same painful stimulus again, or choose a smaller amount to avoid it. Example: “Would you rather get 15 Swiss francs and feel the pain again, or 10 Swiss francs and no pain?” The point where a participant switched from “no pain” to “pain” revealed how much the pain was “worth” to them in monetary terms. Two versions of the ME method were tested: ME1, where questions were listed in increasing order of money (enforcing consistency); and ME2, where the same questions were asked randomly (allowing for some inconsistency).

Across all three experiments, the monetary methods (ME1 and ME2) outperformed the traditional scales at distinguishing between high- and low-pain conditions. Effect sizes – that is, how strongly the measure distinguished between groups – were dramatically larger for ME1 and ME2 (“very large”) compared to standard pain scales (“small to medium”). Even in the analgesic study, where traditional scales often failed or even showed misleading results (for example, participants reporting more pain after receiving an analgesic), the monetary measures correctly and significantly detected differences. This likely happened because participants expected the anesthetic to eliminate the pain completely, and when it didn’t, they rated their pain higher. It’s a psychological effect the monetary method avoids.