the FBI puts out an internet crime report each year which is kind of interesting and scary. The number of scams happening to older people is rapidly going up with way higher average losses, AI tools are going to make this way worse

We @Arnold_Ventures are supporting a Marine vet and former warden to create a charter prison, in which a non-profit operates with freedom and incentives to innovate for better outcomes. "Their focus is helping people succeed after release—not simply controlling them while inside"

UnitedHealth grew into a vertically integrated giant through scores of acquisitions over past 15 years, most too small to trigger FTC or SEC disclosure. Large acquisitions require antitrust preclearance, but UH quietly rolled up 1000s of local providers without anyone noticing.

Caltech, like many universities, licensed its name to an online program manager (OPM) for a revenue share. While students believed they were enrolling in a Caltech program, an outside company designed the courses, recruited students, set tuition, and handled instruction. 1/4

CA raised min wage for fast food workers 25% ($16 -> $20) and employment in the sector fell 3.2% in the first year. While I hate sectoral specific min wage laws, this is less than I'd have thought. That said, the real risk is tech substitutes for labor over long term, not year 1.

For all the headlines, nothing changed.

One of America's unique advantages is that anyone with potential and a good idea can access capital to pursue it.

Good illustration of how much the Texas grid has changed in just 6 years. yellow = solar; purple = batteries; dark green = wind; blue = gas; brown = coal; light green = nuke via @grid_status

Very few programs have (1) multiple, rigorous evaluations (2) showing strong and consistent results (3) robust across locations and providers (4) with long term follow-up (5) and can broadly scale. That's why we @Arnold_Ventures are so excited about CUNY-ASAP, a program of comprehensive student supports that significantly increases grad rates and future economic outcomes. Launched in NY in 2007, the program has been successfully adopted by dozens of colleges in several states. Still, it hasn’t reached the scale it should. That’s why we invested $35 million to expand the ASAP program across 15 community college systems in North Carolina. Public funds are spent on so many programs with much a weaker evidence base. Even reallocating funds from things that don't work to things that do has enormous potential to improve outcomes.

Only primary elections in NYC have instant runoff (RCV). The general is decided by plurality vote. While the right grew skeptical of RCV after Sarah Palin lost in Alaska in 2022, its absence in the NYC general election might very well lead to a socialist mayor.