Sign in

Magnus Bakken

@magbak.bsky.social
1.4K followers 11K following 317 posts

Currently trying as best I can to understand what is going on in the world. Book tips appreciated. Starting up a startup, industrialising results from my PhD on Knowledge Graphs.

PostsRepliesMedia
Reposted by Magnus Bakken
Jake Grumbach @jakemgrumbach.bsky.social · 7h
New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854
Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…
5742441831
Reposted by Magnus Bakken
Lars Mølgaard Saxhaug @load-dependent.eurosky.social · 08/10/2026
Jeg blir så forbanna, hva i alle dager er det han holder på med? Jeg er halvt dansk, og jeg skammer meg oftere og oftere over å være det. Dansk innvandringspolitikk og sosialdemokratenes adopsjon av ytre høyres fremedfientlighet er overhodet ikke noe å la seg inspirere av, tvert om!
adressa.no
– Vi må bli strengere og tøffere som danskene
Trond Giske mener venstresiden gikk seg vill i innvandringspolitikken, men at veien tilbake ligger åpen.
78119
Reposted by Magnus Bakken
FairAndBalanced @ksteigen.bsky.social · 08/10/2026
Russerne angriper nå rutebusser i Ukrainia. 30 sivile drept i dag. Å sette Ukraina i stand til å vinne denne krigen er den beste investeringen vi kan gjøre for egen sikkerhet. Sier det nok engang: 1000 milliarder fra oljefondet til Ukraina. Nå.
415431
Reposted by Magnus Bakken
Aaron Rupar @atrupar.com · 08/10/2026
It’s really remarkable to me that 10 years into this people feel compelled to “clarify” Trump’s homicidal and often genocidal fantasies. It is deranged for the president to daydream about American cities in states he hates getting blown up. Full stop.
25689792071
Reposted by Magnus Bakken
Ben Collins @bencollins.bsky.social · 07/10/2026
AI has completely changed the game on calendar invite spam. I wake up every day to fake legal notices and meetings from hacked strangers that take up my entire calendar which I then must manually delete. Nothing has ever made me more #efficient than the beautiful future created by #AI.
511907181
Reposted by Magnus Bakken
Øivind Bergh @essensielt.bsky.social · 06/10/2026
Polens charge d’affaires i Washington reagerer skarpt på Tucker Carlsons åpemt nazistiske påstander om andre verdenskrig, og minner om begivenheter som ikke minst fant sted i Polen.
1406
Reposted by Magnus Bakken
Darren Dahly @statsepi.bsky.social · 06/10/2026
They hounded Aaron Swartz to death for downloading papers from jstor but society is now supposed to just accept mass theft because this thing can write that TPS report *for* you. en.wikipedia.org/wiki/Aaron_S...
en.wikipedia.org
Aaron Swartz - Wikipedia
111635551
Reposted by Magnus Bakken
Peter @notalawyer.bsky.social · 23/08/2026
“if we don’t stand up for the free speech of racists, it puts everyone’s free speech in danger.” - guy who only ever talks about free speech when it’s racism
7380451679
Reposted by Magnus Bakken
John Scalzi @scalzi.com · 05/10/2026
Counter-proposal to Sam Altman: Go fuck yourself www.theguardian.com/technology/2...
theguardian.com
Accept ‘bad things’ in return for benefits of AI, says Sam Altman
Boss of OpenAI calls for a regulatory light touch because of the ‘good stuff’ the technology can deliver
842086358
Reposted by Magnus Bakken
Are @litterat.party · 04/10/2026
Akk ja, den som berre kunne få seg ein sweet gig i ein nepobaby-tenketank og leve av å skrive ein kronikk i halvåret
0322
Reposted by Magnus Bakken
Torkil @torkil.bsky.social · 04/10/2026
Gjorde litt research i anledning komitereiser til tech-gigantene, og fant at ledestjernen for nettbrett i barneskolen var denne karen.
25211
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 04/10/2026
Russia Feb 2022: We need to invade Ukraine as they have biolabs producing Russophobic weaponised bats that make people gay. Russia Oct 2026: Someone died at one of our biolabs that makes the bubonic plague.
301103341
Reposted by Magnus Bakken
Jonas Ali Ghanizadeh @jonasali.bsky.social · 03/10/2026
Problemet med Norge er at vi er så like at vi alle tror vi er helt vanlige middelklassefolk som sliter med å få endene til p komfortabelt møtes. Når selv Trine Eilertsen omtaler seg som en vanlig person. Da ender vi jo opp med at alle må få krisehjelp også da fordi vi er verdens fattigste rikinger.
69412
Reposted by Magnus Bakken
Pål Andreas Mæland @paalmaeland.bsky.social · 03/10/2026
Ung tenkende mann setter eldre, lat teknologientusiast på plass: www.aftenposten.no/meninger/kro...
aftenposten.no
Jeg er på siste året av en mastergrad i filosofi ved UiB. Lars Fr. Svendsens forsvar av egen KI-bruk er rystende.
Les Lars Magnus Eltervaag Kristensens kronikk.
23814
Reposted by Magnus Bakken
Ingrid R @ingridrekdal.bsky.social · 02/10/2026
Pølseselgertweeten
0225
Reposted by Magnus Bakken
Ole Svarthumle @svarthumle.bsky.social · 02/10/2026
Må innrømme at eg er fascinert over at folk som har valt å leve av å tenke og skrive, tilsynelatande hatar å tenke og skrive. Samfunnet skrik etter sykepleiarar og bussjåførar. Just sayin'.
vg.no
Nå kalles han professor Claude
AI-jakten er i full gang. En norsk professor og forfatter er den siste som er pekt ut.
6768
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 02/10/2026
OTD in 1951 *2nd* wave of Operation Osen's deportations began. Over 16000 Lithuanians were forcibly sent to Siberia as USSR continued to liberate them from fascism & also their freedom 6 years after WW2 ended. Imagine mass deportations happening today?
7654193
Reposted by Magnus Bakken
Kristin @kthftw.bsky.social · 02/10/2026
Debatten om dyrtid var et godt eksempel på hvordan man systematisk forsøker å mistenkeliggjøre fakta og fagpersoner for å mate misnøyetrollet for kortsiktig politisk gevinst og jeg lurer på hva i helvete long game er til de 2/3 (3/4) partiene som holder på sånn egentlig er.
38519
Reposted by Magnus Bakken
Magnus @magloken.bsky.social · 28/09/2026
For nokre dagar sidan var eg i Øvre Tjukkebygdi for å lytte til vanlege folk, dei som held Noreg i gang. Der møtte eg sauebonden Geirmund. Han sa: – Alle her i bygda er einige om at vi snøggast råd må implementere tilrådingane frå NOU 2026: 1 for ein meir berekraftig kommunesektor.
1529
Reposted by Magnus Bakken
Ed Zitron @edzitron.com · 29/09/2026
Reuters got some of the IPO docs. Anthropic is a total dog of a company. Spent $12.6bn to make $4.6bn in revenue in 2025, $7.33bn of which was compute costs. Operating loss of $8bn. Losses getting worse year over year. Amazing stuff www.reuters.com/business/fin...
Summary
Companies
• Anthropic IPO could value the company at more than $2
trillion
• Anthropic lost $42 billion in 2025
• Al lab spent $7.33 billion on compute and infrastructure last year
• Operating loss widened to $8.06 billion in 2025 from $2.98 billion in 2024
• Execs, industry analysts have expressed concerns over harms of Al tech
Sept 28 (Reuters) - Anthropic is making a massive bet that Al will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.
But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming year, according to the
prospectus.
17341611400
Reposted by Magnus Bakken
Anne Applebaum @anneapplebaum.wsocial.eu · 26/09/2026
Incredible: another Ukrainian famine is unfolding, this time in Russian-occupied Oleshky. The remaining inhabitants of what used to be a thriving small city, now down to about 6000 people, are blockaded by Russian forces and cut off from food and water. www.bbc.com/news/article...
bbc.com
Oleshky: Eating garden weeds to survive in Russian-occupied city cut off from food and water
The BBC has spoken to residents in the Russian-occupied Ukrainian town of Oleshky who say they are being "constantly shelled".
7619061179
Reposted by Magnus Bakken
Gaia Vince @wanderinggaia.bsky.social · 28/09/2026
Nations will be competing over immigrants soon, and they’ll go where they have the best opportunities #NomadCentury
0337
Reposted by Magnus Bakken
Illia Ponomarenko @ioponomarenko.bsky.social · 26/09/2026
291322389
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 25/09/2026
Da. If it wasn't for the nasty west Prez would've been the 1st Russian leader in 550 years to decide invading neighbors was bad.
633944
Reposted by Magnus Bakken
Sven-Erik Volberg @volberg.bsky.social · 20/09/2026
Moscow right now. Happy election day!
630174
Reposted by Magnus Bakken
Chad Loder @chadloder.dev · 15/09/2026
When you want to boycott Ed Sheeran and Pink but you already don't listen to shitty music
Depressed kermit the frog costume guy sitting hunched over on a park bench
244129832235
Reposted by Magnus Bakken
Hassinator @hassinator.bsky.social · 13/09/2026
a great letter in the times today. perhaps worth sharing in these troubled times. #RNLI #heroes
4059812392
Reposted by Magnus Bakken
brasidas @brasidas.bsky.social · 12/09/2026
Anthropic's models run on terabytes of VRAM. It's not going to "just copy itself to other computers."

Rohan Paul
@rohanpaul_ai
Jacob Coxon's next interview on CBS News (ex Anthropic+Open AI researcher who resigned)

"We can't just unplug it because it could be copying itself over to other computers. Like it's not that difficult to find yourself because an AI is just code. It could transfer itself over the internet to a different place and then you unplug it here, but it's actually still over there and maybe it makes 10,000 copies of itself and they're all cooperating."

----

From "CBS News" YouTube channel, (full video link in comment)
1592655396
Reposted by Magnus Bakken
Ivan Nelsin @ivannelsin.bsky.social · 12/09/2026
Veldig bra at Morgenbladet tar tak i at Enhet Sentrum løper rundt og tøffer seg med en egen grafisk profil printet på politiets offisielle uniformer. Jeg klaga, igjen, og fikk svar i går. La oss håpe at dette er slutten på at enheter i politiet lager egne logoer som om de skulle være en MC-klubb
Svarmail fra politiet med teksten:

nntatt offentlighet
Offl. § 13 1. ledd, jf. fvl. § 13 1. ledd nr. 1
Deres referanse: Vår referanse:
25/25282 - 7
Sted, dato:
Oslo, 11.09.2026
Bruk av andre emblemer og logoer enn politiets
Takk for din henvendelse.
Vi ser at i enkelte tilfeller har ikke retningslinjene blitt tilstrekkelig etterlevd. Dette er
fulgt opp internt, og det er presisert at det kun er politiets offisielle logoer, og profil som
skal benyttes.
Vi ser at slike symboler kan skape spørsmål og uklarhet. Det er derfor innskjerpet og
tydeliggjort internt at slike symboler ikke skal benyttes i tjenestesammenheng, slik at vi
sikrer en enhetlig praksis i tråd med gjeldende retninglinjer.
Med hilsen
Martin Strand Marianne Grinaker Heidenstrøm
Politiinspektør Politioverbetjent
Dokumentet er elektronisk godkjent uten signatur
1413730
Reposted by Magnus Bakken
Jane Coaston @janecoaston.bsky.social · 11/09/2026
This piece was fascinating, getting at a point I'd never considered: bin-Laden's entire concept about what 9/11 would do to America was just... wrong. www.theatlantic.com/magazine/202...
Bin Laden was equally clear about how he thought terrorism would yield his desired result. In a March 1997 CNN interview with Peter Bergen, he spoke of transferring “the battle into the United States.” In a May 2000 speech, he told supporters that the war would henceforth be waged “against the United States, in the United States.” Americans, he observed to ABC’s John Miller in 1998, cannot tolerate pain, and will react to attacks not by fighting back and blaming al‑Qaeda, but instead by asking “what their government has done that forced us to defend ourselves.” In a November 2001 interview, he hinted at a theory of political change in America: Its citizens should “take the same stand that they did previously,” when they protested the Vietnam War and the presidents who waged it.
Nelly Lahoud, a professor at the Army War College and the author of the definitive book on the Abbottabad documents, told me this political pipe dream was bin Laden’s whole plan: “to replicate the anti–Vietnam War movement of the United States, to get the American public to put pressure on the U.S. government to withdraw its forces from the Middle East.” The documents reveal a man and an organization blindsided by the American reaction to the September 11 attacks. Bin Laden and his associates “didn’t think that the United States would respond by waging war,” Lahoud said. He did not contemplate or plan for the long-term occupation of Afghanistan, nor did he expect the methodical killing of his operatives in a campaign that lasted years.
1352355429
Reposted by Magnus Bakken
http://joachim @joachim.email · 10/09/2026
Pov: du prøver å google noe i 2026
Søkestreng: halv marsjfart gå
Resultat:
Al-oversikt
Mottatt, halv marsjfart er satt! Maskinen er regulert ned, og vi holder stødig kurs fremover
Hvor ønsker kapteinen at vi skal styre skuta videre?
69810
Reposted by Magnus Bakken
Eivind Trædal @eivindtraedal.bsky.social · 10/09/2026
Motvinds styreleder Eivind Salen jubler over AFDs fremgang i Tyskland. Pussig.
68210
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 10/09/2026
OTD in 2020 Prez promised to set up commission to investigate how a Russian in Russia on a Russian plane going to Russia from Russia consumed a Russian nerve agent only Russia has so we could blame the "anglosaxons". Needlessly to say, we did not set up a commission.
14645127
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 09/09/2026
OTD in 1939 USSR sent congratulations to Nazi Germany for their conquest of Warsaw. Imagine today Russia being aligned with the German far right..
14569187
Reposted by Magnus Bakken
Darth Putin @darthputinkgb.bsky.social · 08/09/2026
OTD in 1944 the first Nazi V2 rocket hit London. Used against civilians by a genocidal country that had lost on the battlefield, the hope was to terrorise a population into surrender. Imagine that happening today...
12593159
Reposted by Magnus Bakken
Pavel @spavel.bsky.social · 09/09/2026
Imagine if you just gave mathematicians 22 million dollars
141596357
Reposted by Magnus Bakken
Robert Hutton @roberthutton.co.uk · 08/09/2026
On Andy Burnham's sudden bout of shyness. thecritic.co.uk/sanc...
The close of his statement was an appeal to our better natures. If we were going to ask Israelis and Palestinians to live side-by-side, he said, Britain also had to be a place where “people of all faiths and none have a right to live without prejudice or fear.” Listening to him was Andy Burnham, who has been strangely absent from our public debate for the last few days. In August, we couldn’t move for social media clips from the prime minister, standing on a ladder to discuss his first job, or sitting in a pub to rate bar snacks. But faced with masked thugs trying to shut down British ports over the weekend, Burnham seems to have lost the password for his phone. For a decade now, Britain has had a series of leaders apparently paralysed by the fear that if they say that racism is bad, they’ll be voted out. It would be nice to get one who had a slightly higher opinion of us.
19957304
Reposted by Magnus Bakken
David Roberts @volts.wtf · 08/09/2026
For a certain kind of white man, there is no fear more primal than the fear that the people they have abused will gain power and treat them the same way.
572105132145
Reposted by Magnus Bakken
Anthony Zacharzewski @anthonyzach.be · 08/09/2026
Nobody could have predicted this would be a massive failure.
When he launched the first of three bids for the CDU leadership in 2018, returning to politics after a decade in business, Merz vowed to halve" support for Alternative for Germany (AfD). His answer was to steer the CDU to the right, pairing a tougher line on immigration with pro-growth economic reforms.
810130
Reposted by Magnus Bakken
Matthew Willis (Naval Air History) @navalairhistory.com · 06/09/2026
Contrast the police statements about the Dover blockade yesterday with the Just Stop Oil protests in 2022
No arrests made during Dover protest, Kent Police says
published at 13:34 5 September
13:34 5 September
Kent Police has issued a statement following the disruption in Dover earlier today.
It says officers "responded to a spontaneous protest" during Saturday morning, adding "no arrests were made".
"Traffic is flowing normally, and all involved had dispersed by midday," it addsThe Met Police said 35 people had been arrested in response to the disruption.
Assistant Commissioner Matt Twist said the action was "criminality", not protest, and pledged to bring those involved to justice as quickly as possible.
"This was a very significant and co-ordinated effort to cause massive disruption to the entirety of the M25," he added.
9528284
Reposted by Magnus Bakken
Anders Heger @andersheger.bsky.social · 06/09/2026
Dette. Det skulle bare en liten dråpe selvironi og ydmykhet til, så ville han faktisk vært litt kul. Uten det er det både uinteressant og ekkelt.
1232
Reposted by Magnus Bakken
Louie Stowell @louiestowell.bsky.social · 06/09/2026
My first cartoon for adults for a while, on the Dover business
A one panel cartoon showing three male-looking figures in all black wearing balaclavas, so you can only see their eyes. Below it says: 'Spontaneous' protest. The figure on the right is saying: 'OMG, SO EMBARRASSING, WE ALL WORE THE SAME OUTFIT!
14961279
Reposted by Magnus Bakken
Ulrik Eriksen @ulriken1.bsky.social · 04/09/2026
Haha. Denne inngangen på Morgenbladets hovedsak er helt ubetalelig.
816838
Reposted by Magnus Bakken
Ian Boudreau @ianboudreau.com · 04/09/2026
I do feel a little bit bad for everyone trying to make the case for reasonable AI applications in daily life when the health and human services secretary of the United States is using it to make images of himself sauerkraut cucking the secretary of state
1281395
Reposted by Magnus Bakken
tante @tante.cc · 03/09/2026
The shift from "you need to optimize your thinking/rationality" to "yeah, LLM use breaks your cognitive abilities but what can you do" that so many middle aged men went through is literally brainmelting.
715029
Reposted by Magnus Bakken
Sanjay Srivastava @sanjaysrivastava.com · 03/09/2026
"Dan Ariely did not reply to any of the three emails we sent him" Did you try giving him a deadline?
51088
Reposted by Magnus Bakken
ikke på Tale @ellingvag.bsky.social · 30/08/2026
«Selv republikanere elsker kongen, og det er vanskelig å se for seg noen annen styreform» slår Skjalg Fjellheim pompøst fast på NRK. Det er mange som kan roe litt ned på møllers tran om dagen.
59914
Reposted by Magnus Bakken
Alistair King @alistairking.bsky.social · 30/08/2026
Struggling to work out why Jenrick would single out these three Commonwealth countries rather than, say, Canada, Australia and New Zealand, whose citizens have exactly the same rights. It’s a head-scratcher.
31168871707
Reposted by Magnus Bakken
Andrew Lawrence @ndrew.bsky.social · 29/08/2026
the largest donor to republicans created a child pornography generator and he is most likely responsible for more child pornography and non-consensual sexual imagery being publicly distributed than any one person in the history of the planet
393189855
Reposted by Magnus Bakken
The Ukrainian Review @theukrainianreview.bsky.social · 28/08/2026
🇵🇱 Polish Foreign Minister Sikorski: Apparently, Putin’s spooks told CIA Director he would not provoke NATO. Putin had told President Biden’s CIA Director that he would not invade Ukraine. We should accelerate defence preparations.
10471121