I wonder why the Daily Telegraph thinks it is front page news that British universities have lower entry thresholds for students from outside the EU who come clutching large wads of cash? I used to work in a department with a tiny "quota" for EU postgraduates and a much larger "target" for non EU students. Failure to meet the "target" was punished by an "adjustment" to the overall number of students we were allowed to admit. Now what would you predict given those incentives? First class degree from Bristol? Sorry we're full up. Mediocre degree from No. 3 Inner Mongolia Polytechnical Institute of Yurt and Yak Studies, a bogus language certificate and £24,000? That will do nicely.
Scenarios for the Transition to AGI
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By Anton Korinek and Donghyun Suh, in a new NBER working paper: We analyze
how output and wages behave under different scenarios for technological
progre...
17 minutes ago