zlacker

Larry Summers is an excellent pick to call out bullshit and moderate any civil war, such as this EA - e/acc feud.

Kissinger (R, foreign policy) once said that Summers (D, economic policy) should be given an advisory post in any WH administration, to help shoot down bad ideas.

>>arduan+(OP)
Those are both terrible people, not in fact brilliant general-purpose bad idea rejectors. A random person would be better qualified to shoot down bad ideas - most people haven't had bad ideas that led to suffering and death for millions of people.

No one thinks Larry Summers has any insights on AI. Adding Larry Summers is something you do purely to beg powerful, unaccountable people "please don't stop us, we're on your side".

>>vinter+i1
How is Larry Summers a terrible person?

He did help shoot down the extra spending proposals that would have made inflation today even worse. Not sure how that caused suffering and death for anyone.

And he is an adult, which is a welcome change from the previous clowncar of a board.

>>arduan+(OP)
Funny you mention him, as my first thought was that Summers will have a basically equivalent function on the board as Kissinger did at Theranos.

>>arduan+k2
His influence significantly reduced the size of the stimulus bill, which meant significantly higher unemployment for a longer duration and significantly less spending on infrastructure which is so beneficial to economic growth that it can't be understated. Yes, millions of people suffered because of him.

The fact that you think current inflation has anything to do with that stimulus bill back then shows how little you understand about any of this.

Larry Summers is the worst kind of person. Somebody who is nothing but a corporate stooge trying to act like the adult by being "reasonable", when that just means enriching his corporate friends, letting people suffer and not spending money (which any study will tell you is not the correct approach to situations like this because of multiplying effects they have down the line).

Some necessary reading:

https://archive.ph/FU1F

https://archive.li/23tUR

https://archive.li/9Ji4C

In regards to watering it down to get GOP votes: https://archive.nytimes.com/krugman.blogs.nytimes.com/2009/0...

>>zerocr+y4
Huh, that's a pretty apt analogy. Lending establishment cred is at least part of why they would pick Summers. But I really do think that on such a small board, Summers, unlike Kissinger, may have an active role to play, even if only as a mediator.

Btw, I would not be pleased if Kissinger were on this board in lieu of Summers. He's already ancient, mostly checked out, and yet still I'd worry his old lust for power would resurface. And with such a mixed reputation, and plenty of people considering him a war criminal, he'd do little to assuage the AI-not-kill-everyone-ism faction.

>>arduan+k2
Larry Summers practically personally caused both Russia's collapse into a mafia state and the 2008 US recession. Nobody should listen to him about anything.

Although, he's also partly responsible for the existence of Facebook by starting Sheryl Sandberg's career. Some people might think that's good.

>>Sakos+J5
> His influence significantly reduced the size of the stimulus bill

Well, he also caused the IRA to pass by telling Manchin that it wouldn't be inflationary.

But remember when he released this prediction in 2021?

> Larry Summers on U.S. economic outlook:

> 33% odds of stagflation

> 33% odds of recession

> 33% rapid growth, no surge in inflation

All that hedging and then none of those things happened!

>>astran+16
Personally caused??