I've been known to say that economists serve the same function in the modern world that soothsayers did in the ancient world, giving a veneer of divine sanction to the arbitrary choices of the powerful.
@jonny "New Zealand’s data had been copied from the Netherlands"
Imagine a chemistry paper where they couldn't find data on a certain property of bismuth, so (without disclosing it in the paper) they used data about beryllium. Not because that's the closest element on the periodic table, or even anywhere near it, but because they're closest in alphabetical order.
@NicoleCRust They seemed to genuinely not know it was a bad idea to do that. Like they openly volunteered that was the method, and even demoed how to do it when this person asked. Usually im like "if you need to do imputation on something that isnt a well-behaved, oversampled timeseries then what you really need to do is change your analysis strategy" but this is like 5 levels beyond that
“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.”
— Joan Robinson. *Contributions to Modern Economics*. Oxford: Basil Blackford, 1978. 75.
If people think THIS kind of outrageous bullshit is reasonable, you can BET they're going to automatically treat the "AI" wordsalad generators as magical fountains of truth. Without even stopping to think twice.
@violetmadder@mistersql@jonny Is there already research which AIs use excel's autofill as its basis? Oh wait, excel is about to use AI for its autofill, right?