this post was submitted on 07 Apr 2025
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There's also the "0.25 × 4" thing. ε is set to 0.25, and φ is set to 4. No nuance, no thought about how the economy actually works. Just make it so they can pretend they're thinking about it how demand will change.
I have a feeling that they made it up after the fact because the whole point of ε and φ there should be that they come with their own formulas that depend on the demand itself, instead of just being set to a constant value. I don't imagine a straight line is a good enough model for the world economy, especially when fucking around with stuff that can implode it.
But ChatGPT does not know that, and especially won't expand on that if you ask it "make my formula seem more scientific".
So epsilon and phi are just constants that cancel each other out? Wow. This is legit the dumbest shit I've ever heard, narrowly beating Narendra Modi's (a+b)^2 debacle (he said that the 2ab was 'extra'). Fucking illiterate, aren't they?
No way they pulled out the Greek letters for .25×4 lol