08 October 2024

Daily Newsletter

Study: Life Expectancy Gains Slowing

The Facts

  • Data from 10 of the world's longest-lived populations show that life expectancy improvements made in the 20th century have slowed in the last 30 years.

  • The study — published in Nature Aging on Tuesday — observed data between 1990 and 2019 from the US, Hong Kong, South Korea, Japan, Australia, Sweden, Switzerland, Italy, France, and Spain.


The Spin

Narrative A

Despite concerns about slowing growth in life expectancy, many countries are still on track for significant gains by 2030. Even though some nations may lag behind, the overall trend is positive. Researchers emphasize that we're likely far from hitting any upper limit on human longevity, suggesting that with continued improvements in healthcare, nutrition, and lifestyle, people around the world can look forward to longer, healthier lives in the coming decades.

Narrative B

Aside from the great strides taken in extending human life and recent fears that those gains may be slowing, what ought to worry us more is that the gap between lifespan and healthspan is widening. Many people now spend their later years battling chronic conditions. It may be more valuable to live fewer years in good health than to eke out a longer existence plagued by disease. This shift in perspective challenges us to prioritize not just longevity but the quality of our extended lives.

Nerd narrative

There is a 58% chance there will be a culturally significant development in aging research by 2030, according to the Metaculus prediction community.

See sources

US Court Orders Google to Open up App Store For Rivals

The Facts

  • A US federal court passed a judgment in the Epic v. Google case on Tuesday, ordering Google to allow users to download third-party apps from its Google Play store for three years.

  • The challenge came from Epic Games, with a jury backing the Fortnite video game creator in 2023, dubbing Google Play an illegal monopoly.


The Spin

Narrative A

Google's Play Store practices clearly violate antitrust laws. The federal judge's ruling exposes the Android ecosystem's stifling of competition. By restricting smartphone makers, carriers, and developers from providing alternatives, Google had effectively created an illegal monopoly. This ruling could pave the way for more app choices and lower prices for consumers, challenging the tech giant's grip on the mobile app marketplace.

Narrative B

The court order forcing Google to open up its Play Store to rivals is misguided and potentially harmful to the Android ecosystem. It is based on a flawed premise that Android exists in isolation. In reality, Android has fostered innovation, reduced prices, and democratized smartphone access. The Play Store's current model ensures a secure, high-quality app experience for users while providing developers with a robust platform.

Nerd narrative

There is a 1% chance that Alphabet Inc.'s market capitalization will fall below $1T by 2025, according to the Metaculus prediction community.

See sources

Study: US Debt Would Increase Under Trump, Harris

The Facts

  • The Committee for a Responsible Federal Budget released a study on Monday predicting that both former Pres. Donald Trump and Vice Pres. Kamala Harris' policy proposals would increase US national debt.

  • If fully implemented, the Committee estimates Trump's campaign pledges would raise the national debt by $7.5T while Harris' would add $3.5T over a ten-year period. Currently, federal debt sits at over $35T.


The Spin

Democratic narrative

Multiple analyses have reached the same opinion that Harris' policy proposals will do a better job of handling America's debt than Trump's. While there's a chance that a Harris administration would prevent national debt from growing at all, Trump risks running up a $15T bill if his pro-tariff anti-tax agenda doesn't go to plan.

Republican narrative

Harris' policy pledges are nothing but vacuous buzzwords intended to hide her debt-inducing agenda. Democratic plans to raid the wallets of hard-working Americans will barely put a dent in the national deficit, while calls for taxing unrealized capital gains and everyday price controls are economically unviable. Harris cannot be trusted to manage the American economy.

Narrative C

Policy deficit estimates are extremely inaccurate, lacking any credible certainty over the future. These predictions should not be treated seriously, with the Committee's massive range of potential estimates unwieldy and practically useless.

Nerd narrative

There is a 50% chance the US national debt will reach $50 trillion by November 2029, according to the Metaculus prediction community.

See sources

Canadian Inquiry: Trudeau Cabinet Warned of Foreign Interference in 2022

The Facts

  • Canadian Prime Minister Justin Trudeau's government was made aware of "hostile activity by state actors" (HASA) toward the country over two years ago, according to Canada's foreign interference inquiry hearing on Monday.

  • A summary letter of a Memorandum to Cabinet (MC) released by the inquiry shows that the government was told in May 2022 that HASA was "one of the greatest threats to Canada's national security" and had witnessed "an increase in both volume and complexity of such threats in recent years."


The Spin

Right narrative

Trudeau, his government, and the public inquiry have long known critical details concerning foreign election interference and yet continue to suppress this information to the public. Despite the demands of the Canadian people, Trudeau and his Liberal political class remain shielded from taking any responsibility for the continued erosion of the country's democratic framework.

Left narrative

While it is up to the government to get a grip on the issue at hand, Pierre Poilievre's deafening silence on a matter of such national importance speaks volumes about the opposition leader's capacity to lead. The Conservative's abnormal refusal to critique Trudeau and the Liberal Party in their customary abrasive fashion raises suspicion over the party's own role in allegations of foreign interference.

Pro-China narrative

Canada's accusations of election interference are baseless and desperate. Canada's claims are ideologically motivated and intentionally misleading in order to distract from its own hypocritical attempts to influence Chinese domestic affairs in areas such as Taiwan and Hong Kong.

Nerd narrative

There is an 85% chance that Pierre Poilievre will become prime minister of Canada before 2026, according to the Metaculus prediction community.

See sources

India Elections: BJP Wins Haryana, NC-Congress Takes J&K

The Facts

  • According to official results reported on Tuesday, Indian Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) won a 48-seat majority to form government in the Haryana state Assembly for a third straight time.

  • India's main opposition Congress party, which last controlled the northern state from 2005 to 2014, said it would lodge a complaint with the election commission against the outcome in the coming days.


The Spin

Left narrative

While the loss in Haryana was a gut punch to Congress and its supporters, at least voters in Kashmir can celebrate the end of BJP rule. Narendra Modi lied when he said he wished to win the 'hearts' of Kashmiris, as shown by his immediate stripping of their regional identity and autonomy. For the first time since New Delhi took over, the only Muslim-majority region in India can finally speak its mind without fear of punishment.

Right narrative

The BJP's victory in Haryana is far more important than anything Congress has achieved. The opposition focused on minority groups to secure victories in Muslim-majority and Jat-majority areas, but the ruling party was able to retain its stronghold in rural constituencies. Haryana is a Hindu state, and in the face of violence from other groups, it chose to fight back at the ballot box.

Nerd narrative

There is a 45% chance that there will be a non-BJP Prime Minister of India before 2030, according to the Metaculus prediction community.

See sources

New Woodward Book 'War' Includes Trump, Biden Accusations

The Facts

  • In his new book, American journalist Bob Woodward claims former US Pres. Donald Trump in 2020 secretly gave Russian Pres. Vladimir Putin COVID testing machines when they were still rare in the pandemic's early days. Woodward also alleges that Putin told Trump not "to tell anybody because people will get mad at you, not me."

  • The book, citing one anonymous aide, also claims that Trump has held as many as seven phone calls with Putin since leaving office in 2021. Trump campaign spokesman Steven Cheung, however, has denied all allegations.


The Spin

Democratic narrative

After all these years, Woodward is still publishing the most outstanding reports with solid sources to back them up. Out of all the chilling revelations, however, the most pertinent is the difference between how Trump and Biden deal with Putin. While Trump secretly cozies up to the Russian dictator and gives him life-saving equipment, Biden clearly states that Putin is a threat to the world who needs to be dealt with.

Republican narrative

Woodward has never been a real journalist. Since the so-called Watergate scandal in the 70s, which we now know was likely linked to US intelligence agencies and their desire to kick Republican Pres. Richard Nixon out of office, Woodward has devoted his life to defaming politicians he doesn't like. Every book he's written about Trump follows the same pattern, and the American people deserve to know this before they waste their money on it.

See sources

SCOTUS Rejects X's Appeal in Trump Data Case

The Facts

  • The US Supreme Court on Monday declined to hear an appeal from Elon Musk-owned X Corp. regarding special counsel Jack Smith's acquisition of former Pres. Donald Trump's Twitter records as part of the investigation into Trump's alleged efforts to overturn the results of the 2020 presidential election.

  • Smith obtained a court-authorized warrant in January 2023 for information associated with Trump's @realDonaldTrump account as part of the election interference probe.


The Spin

Anti-Trump narrative

The government's actions were necessary to prevent the potential destruction of evidence and protect the integrity of the investigation. The courts were right to prioritize national security concerns over X's First Amendment claims. This decision sets a precedent for future cases involving high-profile investigations related to national security.

Pro-Trump narrative

SCOTUS' decision not to hear this case sets a dangerous precedent for privacy and privilege. The government can now potentially invade attorney-client, journalist-source, and doctor-patient privileges without notice. It's an unprecedented end-run around executive privilege that could have far-reaching consequences for all users of social media platforms.

Nerd narrative

There's an 11% chance that Trump will be jailed or incarcerated before Jan. 1, 2030, according to the Metaculus prediction community.

See sources

FTX Bankruptcy Approved, Customers to Receive Refunds

The Facts

  • US Judge John Dorsey on Monday ruled that former customers of the now-defunct cryptocurrency exchange FTX will be reimbursed around 119% of the money they invested in the company before it went bankrupt in 2022.

  • FTX must pay up to $16.5B in reimbursements, covering an estimated 98% of customers who held $50K or less in their accounts at the time of the bankruptcy. FTX said its goal is to pay between $14.7B and $16.5B.


The Spin

Narrative A

In a perfect world, customers would receive compensation with full interest, but this settlement is better than nothing. By putting a good chunk of the stolen money into valuable assets, Bankman-Fried made sure FTX could make some amends by selling those holdings and paying back most of its victims at 9% interest.

Narrative B

While something is better than nothing, and bankruptcies usually result in zero compensation, it's inaccurate to claim customers are being 100% compensated. If FTX didn't outright steal people's property and use it to fund Bankman-Fried's lavish lifestyle, many of these victims would be enjoying incredible profits right now.

See sources

AI Pioneers Hinton and Hopfield Win Nobel Physics Prize

The Facts

  • John Hopfield and Geoffrey Hinton have been awarded the 2024 Nobel Prize in Physics for their groundbreaking work in machine learning and artificial neural networks, laying the foundation for modern artificial intelligence (AI) technology.

  • Hopfield, a 91-year-old professor at Princeton University, invented the "Hopfield network" in 1982, which mimics certain human brain functions and can recall "memories" using partial information.


The Spin

Narrative A

AI is revolutionizing various fields, from healthcare to language translation, and could potentially exceed human intellectual abilities. While there are dangers surrounding the technology, the work of Hopfield and Hinton, if utilized correctly, could one day lead to autonomous AI scientists that discover the undiscoverable in the field of physics and beyond.

Narrative B

While AI could one day become as scientifically creative as human beings, it's not accurate to claim that we're anywhere close to that yet. More importantly, if the world is going to reap the benefits of such incomprehensibly positive advancements, we're going to have to deal with the risks of AI first, from how it will impact our political system to whether profits will be prioritized over science.

Nerd narrative

There's a 50% chance that there will be a positive transition to a world with radically smarter-than-human artificial intelligence, according to the Metaculus prediction community.

See sources

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