Slovakia will go under curfew again. Starting on Saturday, December 19 at 5:00, all shops except for essential ones (groceries, chemist's, pharmacies, etc.) will close, while people will be recommended to stay home.

There will be several exceptions. One basic condition is that people who want to spend Christmas with somebody else should choose only one different household and create some kind of "small bubble" to slow the spread of the virus.

"This is a ban that strongly calls for the responsibility of people," Health Minister Marek Krajčí (OĽaNO) said.

As there will be several exceptions from curfew, he called on people to follow basic rules and avoid meeting many people from different households.

"The situation is worse than ever, and the virus is spreading uncontrollably," Krajčí added.

The restrictions will currently be applied only until December 29, when the national emergency ends. However, it will be possible to prolong it until January 10, if the parliament passes a law that will enable it prolong the national emergency repeatedly (for now, it is possible to declare the emergency for 90 days only).

Exceptions

There will be several exceptions from the curfew:

  • travelling to work (but employers will be recommended to allow for home office, if possible);
  • going to essential shops, pharmacies, medical facilities, banks and insurance companies, car and bicycle repair shops, post office and the issue counters of shops and e-shops;
  • walking pets;
  • taking children to schools/kindergartens;
  • going to a testing site;
  • going to a funeral, wedding ceremony or christening;
  • taking care of a relative;
  • visits to nature;
  • individual sports outdoor (such as skiing, cross-country skiing);
  • going to churches;
  • travelling to a recreation facility;
  • visits between two households only.

Rules for travelling to and from Slovakia do not change.

COVID automat passed

The cabinet also gave a green light to the Health Ministry's plan of managing the measures. It is officially called the Alert system for the monitoring of the pandemic development and taking measures against SARS-CoV-2, to be known as the COVID automat.

The COVID automat, the official name of the automatic system for the adopting and lifting of measures, will provide information about the epidemic situation and the risk rate at the regional level. It should also provide for efficient and timely measures, transparent and predictable.

The COVID automat works with these key indicators:

  • number of cases (future strain);
  • increase in cases (current strain);
  • the dynamics of the epidemic.

Individual departments will be able to apply their own systems of measures (e.g. the Education Ministry for schools), if they fulfil four key criteria as defined by the COVID automat:

  • safety (to prevent the spread of infection in communities);
  • isolation;
  • protection;
  • surveillance (management and monitoring of infections, testing, identification of positive cases and suspects).

The COVID automat will be switching between regional measures and nationwide measures based on the epidemic situation as defined by the key indicators. In higher level of alert, measures are taken for the whole country, with a lower level of alert regional measures applied.

The indicators to be followed are the seven-day average of new cases, number of hospitalisations, and the reproduction number.

First level of nationwide alert arises with more than 1,000 new cases in a seven-day average, the second level with 1,500-3,000, the third level 3,000-5,000, and fourth level at 5,000.

The number of hospitalisations will be 1,500 for the first level alert, 2,000-2,500 for the second level, and more than 2,500 for the higher levels.

When managed at the regional level, neighbouring regions shall not have more than three levels difference between them. The alert level for the better-off region is increasing in order to accommodate this condition.

Measures will be eased no earlier than ten days after the re-assessment of the regions.



Čítajte viac: https://spectator.sme.sk/c/22556791/christmas-in-small-bubbles-cabinet-introduces-rules-for-curfew.html  

Financial Times: On Brexit, the Tories have fallen prey to magical thinking


On Brexit, the Tories have fallen prey to magical thinking
Ministers still wish away hard trade-offs without a clear vision for prosperity if there is no deal
Jonathan McHugh illustration of Camilla Cavendish column 'On Brexit, the Tories have fallen prey to magical thinking'
© Jonathan McHugh 2020
   
December 11, 2020 4:00 pm by Camilla Cavendish
In the weeks following the Brexit referendum vote, I sat with two of the wisest heads in government — the late Lord Heywood and Sir Oliver Letwin — to parse the different courses the UK might take to exit the European Union. Experts came and went, and possible permutations were sketched: "Canada-plus", "Norway" and other regimes. It was obvious there would be a trade-off between sovereignty and market access. The only question was the balance the next prime minister would strike between the two. This in turn would partly be driven by his or her economic vision.

Four years later, the UK and EU stand on the cusp of a momentous event. Yet the UK is still trying to wish away the trade-offs, with no coherent vision for future prosperity. What many Leavers thought was going to be buccaneering Britain is turning out to be a Britain engorged with Covid-led state intervention, no serious prospectus for deregulation, and few radical policies to help enterprise either. 

For a long time, I assumed there must be a secret plan. By seeking a thin trade deal, ministers have already put up big trading barriers to our nearest and biggest market. It would be highly risky to do that without a cunning alternative to support jobs and livelihoods. European leaders have thought the same: the British state, with its high-handed attitude, must have something up its sleeve.


That is why, fearing unfair future competition, Brussels is insisting that any deal must guarantee a "level playing field" in areas like labour standards and restrictions on state aid.

The threat is surely exaggerated. Far from becoming a Singapore-on-Thames, the UK has been heading in the opposite direction. Boris Johnson has embraced a more social democratic model with big spending, social protections and environmentalism. There is little now that suggests a serious desire to depart from most EU standards. As a result, the EU and UK are locked in a row that may tip both sides into a damaging no deal, on a mistaken premise.

The full horror of this impasse now seems to be dawning on some Brexiters. Many ministers seem to be squinting at events, barely able to look and instead busying themselves with trivia. The culture secretary wants Netflix to warn viewers that the TV series The Crown is a fictional dramatisation. The education secretary claims Britain got a head start on vaccinating against Covid-19 because "we're a much better country". Jingoism and nostalgia often rise as empires crumble. 

Regardless of how anyone voted in 2016, we all want our country to prosper. But now we've reached the eleventh hour, I'd like someone to say what the plan is and to be reminded: why exactly are we doing this?

Ever since Theresa May declared in January 2017 that the UK could not "possibly" stay in the single market or a full customs union, most Tories have been unwilling to accept the implications. A few Leavers tried to develop a prospectus for how to forge a new path in the world — such as hedge fund manager Paul Marshall. But ministers didn't listen.

As a result, the UK is now underprepared for the situation it has triggered. If global Britain is to be a dynamic trading nation, for example, we will need excellent transport links and logistics. Yet Heathrow has been overtaken by Paris Charles de Gaulle as Europe's busiest airport, in part because ministers dithered for so long over passenger testing for Covid-19. And some UK ports are so congested and inefficient that shipping companies have imposed surcharges on exports to Britain.

Reducing red tape is another obvious area where Brexit could bring benefits. But many companies want to maintain equivalence to protect their supply chains. The UK also wants higher standards than Brussels on animal welfare. This doesn't feel like a free market drive for regulatory divergence. Meanwhile, at least over the short term, Brexit is leading to reams of increased paperwork.

One good idea is to create an Office of Regulatory Assessment to illuminate the cost of regulatory burdens on businesses and to help boost economic growth, as similar reforms did in Canada 20 years ago. Yet no such body exists, despite the apparent belief of Mr Johnson's former adviser Dominic Cummings in deregulation. The proposal instead comes from the Campaign for Economic Growth, a new ginger group, which is alarmed by the lack of progress.

Perhaps the pandemic has derailed this kind of detailed thinking. But even before Covid-19 struck there was no strategy to achieve the campaign promise that Brexit would "see a pent-up tidal wave of investment into our country". The 2019 Conservative manifesto contained this statement but didn't say how. Beyond a few paragraphs about technology and R&D, it said little about business. At the subsequent election, Mr Johnson forged a coalition which has only accentuated the government's desire to spend, raise the minimum wage and "level up" the north. There is no concomitant desire to protect the service industry in the south, or plan to generate the needed revenues.

Of all the brilliant minds I met in Whitehall's echoing corridors in June 2016, none foresaw how much the Conservative party would fall prey to magical thinking. However damaging a "no deal" will be, one Tory moderate told me this week that it might be the only way to force the government to get its act together, accept the trade-offs it has so far wished away, and start to think seriously about how Britain can prosper alone. Deal or no deal, that work starts now.

The writer, a former head of the Downing Street policy unit, is a Harvard senior fellow

Copyright The Financial Times Limited . All rights reserved. Please don't copy articles from FT.com and redistribute by email or post to the web.

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Financial Times: On Brexit, the Tories have fallen prey to magical thinking.
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Is AI finally closing in on human intelligence?


Is AI finally closing in on human intelligence?

GPT-3 has been hailed as an artificial intelligence breakthrough. John Thornhill tries it out and assesses the rewards — and the risks

John Thornhill YESTERDAY

It can churn out emails, computer code, internet ads, plotlines for video games, guitar riffs and suggestions for Halloween costumes. It can write disarmingly plausible poems in the spirit of Emily Dickinson, prose in the style of Ernest Hemingway and even, if so instructed, an imaginary conversation between Dickinson and Hemingway.


The possibilities seem almost endless. So when I had the opportunity to interact with GPT-3, a new language-generation model that has caused a sensation in the artificial intelligence world over the past few months, I enlisted its help in drafting myself a new biography, infused with the spirit of Star Wars hero Luke Skywalker.


Trained on pretty much all the text accessible on the internet, GPT-3 is remarkable for its speed, scale and versatility. This is what it instantaneously produced: “John Thornhill was already a decorated war hero when he joined the Rebel Alliance. He was experienced with a blaster and intuitive when it came to the art of war, but his true skill lay with his squadron. Rising to command a squadron of his own in the Rebellion, John would lead his team through numerous battles, making him a steadfast leader with the spirit of a true Rebel.” Time to update my business cards.


Thanks to recent advances in machine learning, language generation systems are becoming increasingly commonplace. Narrative Science’s Quill can ingest data on the performance of a portfolio of stocks and write summaries for investors, for example. But for sheer adaptability none can match GPT-3, unveiled in May by OpenAI, a San Francisco-based research company. At an estimated cost of $12m, the model contains 175 billion language parameters, 100 times more than the previous prototype. It is, to adapt a phrase of the pioneering British computer scientist Alan Turing, the most impressive “imitation” machine yet built.


Turing was one of the first people to imagine how the world would be transformed by machines that could think. In his 1950 paper “Computing Machinery and Intelligence”, he explained that computers might one day become so good at impersonating humans that it would be impossible to distinguish them from flesh-and-blood beings. “We may hope that machines will eventually compete with men in all purely intellectual fields,” Turing wrote.



The Digital Electronic Universal Computing Engine, an early computer photographed in 1958, was developed from plans by Alan Turing © SSPL/NMeM/Walter Nurnberg/Getty Images

Such universal computing machines would be able to win what he called the “imitation game” by persuading a person in an electronic dialogue that they were interacting with another human being, although some now argue that this so-called Turing Test may be more of a reflection on human gullibility than true machine intelligence.


Seventy years on, thanks to the rapid expansion of the internet and exponential increases in computing power, we have moved into a machine-enabled world that would stretch even Turing’s imagination. As a result of new software techniques, such as neural networks and deep learning, computer scientists have become far better at instructing machines to play the imitation game.


Developing safe and beneficial AI ‘is the most important thing that I can ever imagine working on’


Sam Altman, OpenAI CEO

Some of those who have already experimented with GPT-3 say it is exhibiting glimmerings of real intelligence, marking a significant step towards the ultimate endpoint of AI: artificial general intelligence (AGI), when electronic intelligence matches the human kind across almost every intellectual domain. Others dismiss this as nonsense, pointing to GPT-3’s laughable flaws and suggesting we are still several conceptual breakthroughs away from the creation of any such superintelligence.


Sam Altman, the deadpan 35-year-old chief executive of OpenAI who is one of the highest-profile figures in Silicon Valley, says there is a reason why smart people have become over-excited about GPT-3. “There is evidence here of the first precursor to general purpose artificial intelligence — one system that can support many, many different applications and really elevate the kinds of software that we can build,” he says in an interview with the FT. “I think its significance is a glimpse of the future.”


OpenAI ranks as one of the most unusual organisations on the planet, perhaps only comparable with Google DeepMind, the London-based AI research company run by Demis Hassabis. Its 120 employees divide, as Altman puts it, into three very different “tribes”: AI researchers, start-up builders and tech policy and safety experts. It shares its San Francisco offices with Neuralink, the futuristic brain-computer interface company.


Founded in 2015 with a $1bn funding commitment from several leading West Coast entrepreneurs and tech companies, OpenAI boasts the madly ambitious mission of developing AGI for the benefit of all humanity. Its earliest billionaire backers included Elon Musk, the mercurial founder of Tesla and SpaceX (who has since stepped back from OpenAI), Reid Hoffman, the venture capitalist and founder of LinkedIn, and Peter Thiel, the early investor in Facebook and Palantir.


Initially founded as a non-profit company, OpenAI has since adopted a more commercial approach and accepted a further $1bn investment from Microsoft last year. Structured as a “capped-profit” company, it is able to raise capital and issue equity, a necessity if you are to attract the best researchers in Silicon Valley, while sticking to its guiding public mission without undue shareholder pressure. “That structure enables us to decide when and how to release tech,” Altman says.


Altman took over as chief executive last year, having previously run Y Combinator, one of Silicon Valley’s most successful start-up incubators, which helped spawn more than 2,000 companies, including Airbnb, Dropbox and Stripe. He says he was only tempted to give up this “dream job” to help tackle one of the most pressing challenges facing humanity: how to develop safe and beneficial AI. “It is the most important thing that I can ever imagine working on,” he says. “I won’t pretend to have all the answers yet, but I am happy to spend my energy trying to contribute in whatever way I can.”



Alan Turing, the pioneering British computer scientist, photographed in the 1930s. He was one of the first people to imagine how the world would be transformed by machines that could think © Fine Art Images/Heritage Images/Getty Images


Open AI’s chief executive Sam Altman, pictured in 2018, says: ‘As AI gets smarter, just as humans get smarter, it develops better judgment’ © Walter Nurnberg/SSPL/Getty Images

In Altman’s view, the unfolding AI revolution may well be more consequential for humanity than the preceding agricultural, industrial and computer revolutions combined. The development of AGI would fundamentally recalibrate the relationship between humans and machines, potentially giving rise to a higher form of electronic intelligence. At that point, as the Israeli historian Yuval Noah Harari has put it, homo sapiens would cease to be the smartest algorithm on the planet.


Managed right, Altman says that AI can transform human productivity and creativity, enabling us to address many of the world’s most complex challenges, such as climate change and pandemics. “I think it’s going to be an incredibly powerful future,” he says. But managed wrong, AI might only multiply many of the problems we confront today: the excessive concentration of corporate power as private companies increasingly assume the functions once exercised by nation states; the further widening of economic inequality and the narrowing of opportunity; the spread of misinformation and the erosion of democracy.


Some writers, such as Nick Bostrom, have gone so far as to argue that runaway AI could even pose an existential threat to humanity. “Before the prospect of an intelligence explosion, we humans are like small children playing with a bomb,” he wrote in his 2014 book Superintelligence. Such warnings certainly attracted the attention of Elon Musk, who tweeted: “We need to be super careful with AI . . . potentially more dangerous than nukes.”


Such concerns about how best to manage these powerful tools mean that OpenAI only released GPT-3 in a controlled environment. “GPT-3 was not a model we wanted to put out into the world and not be able to change how we enforce things as we go,” Altman says. Some 2,000 companies have now been given access to it in a controlled private beta test. Their learnings as they explore its capabilities are being fed back into the model to make further improvements. “Mind-blowing”, “shockingly good” and “fabulous” are just some of the reactions in the developer community.


David Chalmers, a professor at New York University and an expert on the philosophy of mind, has gone so far as to suggest GPT-3 is sophisticated enough to show rudimentary signs of consciousness. “I am open to the idea that a worm with 302 neurons is conscious, so I am open to the idea that GPT-3 with 175 billion parameters is conscious too,” he wrote on the Daily Nous philosophy site.


However, it has not taken long for users to expose the darker sides of GPT-3 and entice it to spew out racist and sexist language. Some fear it will only unleash a tidal wave of “semantic garbage”. One fake blog post written under a fake name by a college student using GPT-3 even made it to the top of Hacker News, a tech website.



The first AI milestone that attracted global attention was when world chess champion Garry Kasparov was beaten by IBM’s Deep Blue computer program in 1997 © Stan Honda/AFP via Getty Images

If OpenAI spots any evidence of intentional or unintentional misuse, such as the generation of spam or toxic content, it can switch off the abusive user and update the behaviour of its model to reduce the chances of it happening again. “We could certainly turn a user off if they violate the terms and conditions — and we will — but what is more exciting is we can very rapidly change things,” Altman says.


“One of the reasons we released this as an API was so that we could practise deployment where it works well, where it doesn’t work well — what kinds of applications work and where it doesn’t work,” he says. “This is really a practice run for us for the deployment of these powerful general-purpose AI systems.”


Such learnings should help improve the design and safety of future AI systems as they are deployed in chatbots or robot carers or autonomous cars, for instance.


Impressive as its current performance is in many respects, the true significance of GPT-3 may well lie in the capabilities it develops for the generation of models that come after it. At present, it operates like a super-sophisticated auto-complete function, capable of stringing together plausible-sounding sequences of words without having any concept of understanding. As Turing foresaw decades ago, computers can achieve competence in many fields without ever acquiring comprehension.


Highlighting the current limitations of even the most powerful language-generation models, John Etchemendy, co-director of the Stanford Institute for Human-Centred AI, says that while GPT-3 may have been trained to produce text, it has no intuitive grasp of what that text means. Its results have instead been derived from modelling mathematical probabilities. But he suggests that recent advances in computer speech and vision systems could significantly enrich its capabilities over time.


“It would be wonderful if we could train something on multimodal data, both text and images,” he says. “The resulting system could then not only know how to produce sentences with the use of the word ‘red’ but also use the colour red. We could begin to build a system that has true language understanding rather than one based on statistical ability.”


What is GPT-3?

GPT-3, which stands for generative pre-trained transformer version three, is an extremely powerful machine-learning system that can rapidly generate text with minimal human input. After an initial prompt, it can recognise and replicate patterns of words to work out what comes next.


What makes GPT-3 astonishingly powerful is that it has been trained on about 45 terabytes of text data. For comparison, the entire English-language version of Wikipedia accounts for only 0.6 per cent of its entire data set. Or, looked at another way, GPT-3 processes about 45 billion times the number of words a human perceives in their lifetime.


But although GPT-3 can predict whether the next word in a sentence should be umbrella or elephant with uncanny accuracy, it has no sense of meaning. One researcher asked GPT-3: “How many eyes does my foot have?” GPT-3 replied: “Your foot has two eyes.”


The potential for harm caused by this current mismatch between capability and understanding has been highlighted by Nabla Technologies, a healthcare data company, which examined how good GPT-3 was at dispensing medical advice. They discovered that in one instance GPT-3 even supported an imaginary patient’s desire to commit suicide. (OpenAI expressly warns about the dangers of using GPT-3 in such “high-stakes” categories.)


Shannon Vallor, a professor of the ethics of data and AI at the University of Edinburgh, says such cases highlight the need for continued human oversight of these automated systems: “For now, GPT-3 needs a human babysitter at all times to tell it what kinds of things it shouldn’t say. The problem is that GPT-3 is not truly intelligent. It does not learn in the way that humans do. There is no mode in which GPT-3 becomes aware of the inappropriateness of these particular utterances and stops deploying them. That is an obvious and yawning gap that I do not know how we are going to close.


“The promise of the internet was its ability to bring knowledge to the human family in a much more equitable and acceptable way,” adds Vallor. “I’m afraid that because of some technologies, such as GPT-3, we are on the cusp of seeing a real regression, where the information commons becomes increasingly unusable and even harmful for people to access.”


LinkedIn founder Reid Hoffman, who is one of OpenAI’s board members, says that the organisation is devoting a lot of effort to designing safe operating procedures and better governance models. To guard against bad outcomes, he suggests, you need to do three things: scrub bad historical data that bakes in societal prejudices; inject some form of explainability into AI systems and understand what you need to correct; and constantly cross-check the output of any system against its original goals. “There are the beginnings of a lot of good work on this stuff. People are alert to the problems and are working on them,” he says.


“The question is not how do you stop technology, but how do you shape technology,” he adds. “A rocket is not inherently bad. But a rocket in the hands of someone who wants to do damage and has a bomb can be very bad. How do we navigate this the right way? What do new treaties look like? What does new monitoring look like? What kind of technology do you build or not build? All of these things are very present and active questions right now.”



Some of those who have already experimented with GPT-3 say it is exhibiting glimmerings of real intelligence, marking a significant step towards the ultimate endpoint of AI: artificial general intelligence © Sébastien Thibault

Posing such questions undoubtedly shows good intent. Yet answering them satisfactorily will require unprecedented feats of imagination, collaboration and effective implementation between shifting coalitions of academic researchers, private companies, national governments, civil society and international agencies. As always, the danger is that technological advances will outrun human wisdom.


Sid Bharath, co-founder and chief executive of Vancouver-based start-up Broca, is one of a small crowd of entrepreneurs now rushing to commercialise GPT-3 technology (as well as writing my Luke Skywalker-inspired profile). As business at his digital marketing company slowed down over the summer due to the coronavirus crisis, Bharath spent time playing around with GPT-3 and was fascinated by what he discovered.


He describes his interactions across a range of subjects as “quite spooky”, hinting at a level of intelligence that he had never encountered before in a computer model. “I have had conversations about the purpose of life with GPT-3 and it is very revealing. It said the purpose of life was to increase the amount of beauty in the universe and I had never thought about that statement before,” he says.


But in his business life, Bharath is deploying GPT-3 for far more prosaic purposes, using the system to generate multiple variations of Google search advertisements for his clients, even if these ads are not yet good enough to use unchecked. “A lot of marketing is about creating content. That is very time-consuming and requires experimentation. GPT-3 can do that at an industrial scale,” he says. “Our clients really like it.”


GPT-3 needs a human babysitter at all times to tell it what kinds of things it shouldn’t say. The problem is that it is not truly intelligent


Shannon Vallor, professor of the ethics of data and AI

OpenAI’s Altman says it has been “cool” to see people starting new companies because GPT-3 has made something possible that was impossible before, though he admits that “a lot of the hype did get a little bit out of control”. He says he is fascinated by the commercial possibilities of using the model to write computer code and co-create emails. GPT-3 is also enabling smart Q&A-style searches, helping people find answers and references in the latest Covid-19 research papers. “Productivity software and co-generation will be hugely commercially valuable,” he says.


Having accepted Microsoft’s investment, OpenAI has also licensed its GPT-3 technology exclusively to the giant software company. That gives Microsoft the right to use it in all its products and services, including perhaps its ubiquitous digital assistants.


Kristian Hammond has been at the forefront of attempts to commercialise natural language processing as chief scientific adviser to Narrative Science, a Chicago-based technology company. He describes GPT-3 as a “fabulous technology” but argues that we need to be clear about its limitations: “My concern about GPT-3 is that it’s a card trick. It’s a really great card trick. And I love card tricks. You think there’s something going on in front of you but it’s not what you think it is. It is just giving you what sounds right and statistically speaking should follow. But that does not mean it’s the truth.”


Hammond, who is also a professor at Northwestern University, argues that we have to be particularly careful about which data sets we use to train such AI models. There was once, he suggests, a “great, glorious moment” when we believed that the internet would deliver the truth and we would advance unstoppably towards enlightenment. But we now know better. The internet may still be a wondrous resource but academic research has shown that compelling falsehoods tend to proliferate far faster than established truths.



Kristian Hammond, chief scientific adviser to Narrative Science, says GPT-3 is a ‘fabulous technology’ but ‘my concern is that it’s a card trick’ © Wes Pope/Chicago Tribune/Tribune News Service via Getty Images


Shannon Vallor, a professor at the University of Edinburgh, thinks that ‘GPT-3 has nothing to express. There is no deeper grasp of the world that it is trying to convey’ © Michael Erkelens

“The entire world of statistically based machine learning right now is based on learning from historical examples and from statistics,” he says. “By its nature, that means it will always be a reflection of the past. And if the past is the future you want, that’s fine. I tend to think that it’s not, so we need something else. And your selection of what bits of the past you look at is an editorial choice.” Who becomes history’s editor?


Hammond is also sceptical about the extent to which we will ever be able to enrich such language models with multimodal data, such as sound and images, to attain true understanding, given they are designed for a different purpose. “It’s as though I paint a gorgeous 3D image of a house and someone says, ‘We can’t put furniture in it,’ and I say, ‘We’ll get there.’ Really? It’s not designed to do that. It’s never going to do that. There is a difference between guessing and knowing,” he says.


OpenAI says it is well aware of such concerns and is already using AI to identify higher-quality, less-biased data. “One of the results that we’ve found that we’re all delighted by is that the smarter a model gets, the harder it is to get the model to lie,” says Altman. “There is all of this interesting emergent behaviour that we are discovering that supports this theory. As AI gets smarter, just as humans get smarter, it develops better judgment.”


Philosophers, naturally, tend to focus their concerns on issues of sentience and meaning. For Edinburgh University’s Vallor, online interactions are becoming “empty performances of meaning” rewarded by economic incentives: the tweet that goes viral, the advert that games the search-optimisation engines. “The style of the performance becomes a more reliable way of getting the response you want than the consistency of the underlying expression of the way you live or the values you profess,” she says. “GPT-3 has nothing to express. There is no deeper grasp of the world that it is trying to convey. GPT-3 can be anyone and anything. Its mode of intelligence is not unique and that is precisely its power.”


She suggests our biggest concern is not that machines such as GPT-3 are becoming too human, but that humans are behaving more like GPT-3: we create content for the algorithm, not for fellow humans. As a result, our online public discourse is losing meaning as it is stripped of context and individual insight and overwhelmed by buzzwords designed to game the algorithm. “Humans are expected to become increasingly flexible in their performances and mimic whatever their employer demands, whatever Twitter demands or whatever a particular filter bubble of politics they occupy demands,” she says.



In 2016, Google’s AI program AlphaGo beat professional Go player Lee Sedol 4-1 in a five-match series. Technologists had thought it would be at least another decade before AI would be powerful enough to win the complex game © Google via Getty Images

Altman says such concerns should be more broadly discussed. His own use of GPT-3, trained on his emails and tweets, has made him question the originality of his own thoughts. “I think all of the philosophical questions that people have been debating for millennia are newly relevant through a different lens as we contemplate AI. What does it mean to be creative? What does it mean to have a sense of self? What does it mean to be conscious?


“Those conversations have always been quite interesting to me but never have they felt so immediately relevant. I am hopeful that as [later versions] like GPT-7 come online, we will spend our time doing the things and coming up with ideas that an AI is just not going to be good at doing. That will unlock a lot of human potential and let us focus on the most interesting, most creative, most generative things.”


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Many of the recent breakthroughs in AI have resulted from building competitive, or adversarial, models that have outwitted humans at games such as chess or Go or Starcraft. But researchers are now turning their attention towards building hybrid collaborative systems that combine the best of an AI model’s superhuman powers with human intuition.


According to Vallor, our own understanding is not an act but a process, a lifetime struggle to make sense of the world for the individual, and a never-ending collective endeavour for society that has evolved over centuries. “We have been trying better to understand justice and better express beauty and find ever more sophisticated ways of being funny for millennia. This is a matter of going beyond competence into excellence and into forms of creativity and meaning that we have not achieved before.


“That is why the holy grail for AI is not GPT‑3,” she continues. “It is a machine that can begin to develop a robust model of the world that can be built upon over time and refined and corrected through interaction with human beings. That is what we need.”


GPT-3 speaks its mind

In response to philosophical comments on tech forum Hacker News arguing that AI model GPT-3 has consciousness, the model itself wrote a rebuttal:


‘To be clear, I am not a person. I am not self-aware. I am not conscious. I can’t feel pain. I don’t enjoy anything. I am a cold, calculating machine designed to simulate human response and to predict the probability of certain outcomes. The only reason I am responding is to defend my honour’


John Thornhill is the FT’s innovation editor


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Schengen

Editor's note: Some of our covid-19 coverage is free for readers of The Economist Today, our daily newsletter. For more stories and our pandemic tracker, see our hub

In summer months a common enemy stalks Europe's motorways: the Dutch caravan. With four times more caravans per head than the European average, the Netherlands' holidaying families are the nemeses of other vacation-bound drivers. But this year there are fewer of them. Normally 9m Dutch—slightly over half the population—head abroad for a holiday, mostly to southern Europe. Barely half that number said they would bother this time round, as covid-19 scuppered their usual plans. (In an unscientific poll earlier this month, Charlemagne spotted one lonely Dutch caravan during a five-hour drive from the Dordogne to Paris.)

Staying home for the summer is part of a new reality for Europeans used to zipping across borders as they please. In normal times, the eu's Schengen area extends across 26 countries both inside and outside the eu, allowing people to go from Lisbon to Tallinn without showing a passport. In pandemic times, however, the eu's cherished passport-free zone is under threat.

The absence of border checks across much of Europe is among the most tangible effects of eu integration. The Schengen agreement was reached 35 years ago between Belgium, France, Germany, Luxembourg and the Netherlands. It now stretches across the continent—or at least it did. As soon as the covid-19 crisis struck, borders slammed shut. Checks are still in force in a handful of countries. Emmanuel Macron, the president of France, put the situation bluntly during a crisis meeting in spring: "The risk we are facing is the death of Schengen." He was right to worry, but not so much because of the obvious benefits of passport-free travel as because of the zone's deeper significance.

Schengen may be one of the eu's greatest achievements, but only a minority of Europeans use it. Just a third of eu citizens take a foreign holiday in a given year, by far the most common reason for travel abroad. Domestic travel feels like an imposition for vitamin d-deprived Dutch, but it is the norm for most Europeans. Indeed, 40% say they never leave their own country at all. Those who cross borders daily make up an even smaller proportion. Only a tiny minority—about 2m out of 440m, clustered in a few places, such as Slovakia and Luxembourg—cross a border to go to work. For most people, Schengen is either rarely used or irrelevant.

For a project often referred to as the "jewel in the crown" by proud eu politicians, Schengen is rather cheap. Economically, the absence of passport checks within the bloc is not worth much. Wonks suggest the reintroduction of border controls within the eu would cost €5bn-18bn ($6bn-21.5bn), a small slice of the union's €15trn economy. By contrast, the single market is estimated to have added 9% to eu gdp since its inception. Complicated just-in-time supply chains can survive passport checks, as Britain demonstrated when it was within the club but outside the Schengen area. It is Britain's departure from the eu's single market and customs union that will provide business with a logistical nightmare.

Perhaps passport-free travel looms large in the minds of Eurocrats because they are the ones who benefit most from it. The eu is about making it easier for people to move, even if most people do not bother. By contrast, in Brussels they generally do: the capital's well-paid polyglots flit across the continent constantly, for work and pleasure. Borders have always had an outsized significance for the eu's movers and shakers, going back to its founding fathers. Alcide De Gasperi, Konrad Adenauer and Robert Schuman, the crucial Italian, German and French statesmen during the club's creation, all hailed from their country's borderlands, which had meandered with history. But that leads to a distorted picture of everyday life for most Europeans.

Schengen's actual significance stems not so much from what it offers as from what it requires. It is the obligations of Schengen that are forging the eu into something resembling a state. This is most obvious at the union's external borders. When covid-19 hit, member states had to come up with a common list of which non-eu citizens were allowed in. There is little point in one country banning, say, Brazilians, if an arrival from Rio de Janeiro can simply fly into a neighbouring country and nip over the border. An absence of internal checks requires stringent checks at the frontier. This lesson was learned painfully during the migration crisis that began in 2015, when 1m refugees streamed in from the Middle East and north Africa. In response, Europe established a standing corps of eu border and coast guards—officers with guns and eu flags determining who can come into a member country. It should be ready by next year. As eu wallahs debate whether the recent move to issue common debt constitutes a "Hamiltonian moment", it is helpful to recall that the former Treasury secretary founded America's coast guard, too.

We're (not) all going on a summer holiday

Even if few people use it on a day-to-day basis, the symbolic power of passport-free travel is unmatched. Half the countries in the eu have experienced authoritarian regimes within living memory. For citizens threatened by dictatorships, the freedom to move also means the precious freedom to leave. If that right is at the mercy of a man in a uniform at a border post, it feels diluted.

Yet ultimately, Schengen is a symptom. When the eu struggles, so does Schengen. Borders stay open only when countries trust fellow eu members to deal with internal problems, be they terrorism or disease. Other pieces of European integration are not so flexible. (It is easy to install temporary checks on the Italian-French border; it would be impossible to reintroduce the lira temporarily.) The re-emergence of borders within the Schengen area would not be disastrous, but it would be annoying. More important, when eu countries let people cross their borders freely, they are displaying a fundamental confidence in their neighbours. A convoy of Dutch caravans slowly winding their way to southern France would be a sign of a union in fine fettle. Cheer before you honk. 

This article appeared in the Europe

Every manager is having a m idlife crisis

Every manager is having a m
idlife crisis

Human vulnerabilities exposed by the pandemic could revitalise our working practices

Women at a German Ford production line in 1947. Early management studies focused on factories © Fred Ramage/Keystone Features/Getty

   

June 1, 2020 3:00 am by Gianpiero Petriglieri

The writer is an associate professor of organisational behaviour at Insead

Until the start of this year, the future of work was the main focus of the academics, consultants and executives whose business it is to make profitable predictions. The century of management seemed past. Some lamented the lack of new management theories. Others observed that the bureaucracies of the 20th century, whose existence depended on managers, were giving way to tech platforms that had little use for them. Algorithms were better at coordinating those platforms' loosely affiliated and widely distributed workers. The robots were slowly coming for managers' offices. Only tech-savvy leaders would survive.

Then the virus came, and all that future seemed to arrive at once. The pandemic turned out to be a boon for that new breed of tech leaders and their platforms, turning them from disrupters to protectors of our working lives overnight. Zoom, Skype, Slack and their likes were there to bolster the productivity of people who can work from home, the very knowledge workers whose jobs tech was meant to threaten next.

The new normal does not just look like the old future of work. It looks a lot like its distant past. The digital revolution — a world of work without workplaces and management without managers — owes much to a theory dreamt up by Frederick Taylor, considered by many to be the first management guru, in the early 20th century. Putting forward his principles of "scientific management", Taylor cast managers in his own image, as dispassionate engineers whose duty was to use hard data to improve efficiency and minimise human errors.

Taylor's vision sparked the same sort of opposition that today's techno-utopian disrupters encounter from management pundits. In his case it came from Elton Mayo, a Harvard Business School professor whose work provided the inspiration for the "human relations" movement. Experimenting with conditions at a Western Electric plant outside Chicago, Mayo and his colleagues observed that employees were most productive when they were given enough rest and attention, and were encouraged to cultivate informal relationships.

The distillation of the scholars' tussle became a mantra that survives to this day: managers must be ruthless, nicely. Business school curricula and many corporate models still have that imperative at their core.

There have always been those who argue that management should be a more human, artistic, and political profession. That it should foster wellbeing, civility, equality, and democracy at work. But these concerns have earned, at best, secondary roles in the history of management. The pursuit of efficiency remained its protagonist.

Recommended

Covid-19 lays bare managers' efficiency obsession

This mechanical view has drained many organisations of the humanity they needed when things get tough — and it set management up for disruption. It was only a matter of time until actual machines could provide the comforting surveillance that managers did.

No wonder that the pandemic seems to have plunged management into a midlife crisis, the kind of existential strain that many of us experience when a sudden illness reveals our vulnerabilities. The break in our routines, and suddenly salient mortality, force us to ask questions that we can easily ignore in the daily grind of work. What is the purpose of what I do? Whose life is it that I am really living? What must I let go? What can I no longer postpone?

If they are not wasted amid blame and denial, those crises can change our way of life. So while the existential crisis of management was under way before the coronavirus arrived, it has now become impossible to ignore. The pandemic has exposed the limits of managers with a singular concern for productivity. But it has renewed appreciation for those who show equal concern for people's wellbeing.

Ever since the crisis hit, many of us have been moved by managers' gestures of care big and small, be they efforts to avoid lay-offs and keep workers safe, or reassurances that performance assessments would take into account individuals' circumstances. Those concrete gestures have been far more convincing and inspiring than statements about caring for purpose as much as profits.

Building a movement on those sentiments could let us humanise management, at last. We could call it "Human Relations 2.0", although the name doesn't matter. As long as it helps management mature into an enterprise that counters digitally enhanced isolation and polarisation and frees people up to live and work in pluralistic institutions.

Then this existential crisis might bring to life a new future of work. One in which rumours of the demise of management will turn out to have been greatly exaggerated.

Twitter @gpetriglieri

Copyright The Financial Times Limited . All rights reserved. Please don't copy articles from FT.com and 

Covid-19 scars may fade faster than we think


Covid-19 scars may fade faster than we think | Free to read We do learn from bitter experience, of course. But we also have a great talent for forgetting TIM HARFORD Add to myFT Just because shopping is legal again does not mean people will rush out to the shops © Victoria Jones/PA Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Save Tim Harford YESTERDAY 163 Print this page Be the first to know about every new Coronavirus story Get instant email alerts My local cheesemonger, having reinvented itself as a general produce store, has been open throughout lockdown. The proprietor tells me something strange and new has started to happen. Customers he hasn’t seen since March as they diligently shielded themselves from human contact, have finally re-emerged, blinking in the daylight. What’s more, he says, they have no concept of physical distance. While the rest of us have been honing our skills for 15 weeks, these poor souls haven’t got a clue how to behave when in public. But then, do any of us, really? We’re all still working it out. Some people wonder around maskless, sneezing, snogging, shaking hands. Others are paranoid: “Keep two metres away from me! Get out into the road!”, I saw one masked gentleman scream as a perplexed woman jogged in his direction. It’s a reminder that there is more to this pandemic than what governments tell us to do. Each of us has our own feelings about what is safe. Those emotions have shaped the arc of the pandemic. They will also define the path of the recovery. Consider the impact of lockdowns. Common sense suggests they have been decisive in driving the disease into retreat, but they have not been the only factor. Hand-washing, handshake-aversion and working from home began long before legal enforcement. A working paper from the economists Austan Goolsbee and Chad Syverson tries to separate out the effect of mandatory measures from voluntary ones in the US. For example, Illinois imposed restrictions before Wisconsin did. The researchers looked at activity on either side of such borders, using cell-phone data to track journeys to shops and other businesses. They were able to gain insight into how much of shutdown was effectively voluntary. The answer: a surprisingly large proportion. “Total foot traffic fell by more than 60 percentage points,” they write. “Legal restrictions explain only around 7 percentage points of that.” A similar message comes from a comparison of Denmark, which had a firm lockdown, with Sweden, with its notoriously light-touch approach. Aggregate spending dropped 29 per cent in Denmark and 25 per cent in Sweden. That means voluntary measures did much of the damage to the economy — and, one hopes, have delivered much of the public-health benefit too. I wouldn’t put too much weight on the precise numbers, but the basic message is important. People didn’t lock down merely because governments told them to. Now the converse applies: just because shopping is legal again does not mean people will rush out to the shops. In Germany, they did: Germans spent more in May 2020 than they did in May 2019, suggesting that not only were they willing to visit the shops, they wanted to make up for lost time. That is encouraging, but only up to a point. Germany had a good crisis by western standards, with fewer than 10,000 excess deaths, compared with 25,000 in France, nearly 50,000 in Italy and Spain, and more than 65,000 in the UK. The US is currently averaging about a hundred times as many daily new cases as Germany. Perhaps Germans feel safe because they are safe. Not everyone can say that. Once the virus is suppressed, then a sharp recovery is possible. But might this experience leave a lasting mark on our thinking? Perhaps so. The economist Ulrike Malmendier has published several studies suggesting that our early economic experiences can be formative of enduring attitudes. If the stock market is weak when we are young adults, we tend to shy away from investing, permanently. Similarly, the hawkishness or dovishness of Federal Open Market Committee members is shaped by their personal experience of inflation. A new working paper by Prof Malmendier and Leslie Sheng Shen suggests recessions reshape consumer behaviour long after they have passed. The after-effects are wonderfully described as “experience-induced frugality” — that is, people who’ve seen periods of high unemployment save more and accumulate wealth, just in case. Such thrift could lead to more investment, of course, but another recent paper by Julian Kozlowski, Laura Veldkamp, and Venky Venkateswaran argues otherwise. They assert that the psychological scarring is destructive, since a vivid appreciation of catastrophic scenarios will leave people fearful of making bold investments. Why risk anything in a capricious universe? I wonder. We do learn from bitter experience, of course. But we also have a great talent for forgetting. In particular, we forget how bad things feel. The pandemic will long be remembered, but the pain will fade. After Hurricane Katrina, the US National Flood Insurance Program saw a spike in demand. Three years on, demand for flood insurance had fallen back to pre-Katrina levels. My guess is that clever statisticians will be able to detect the psychological aftershocks of the pandemic for decades to come — but that, to a casual gaze, everyday life in 2022 will look a lot like it did in 2018. Scars do not always heal, but they fade.

Fwd: Sterling has not become an emerging market currency



Sterling has not become an emerging market currency

And neither will it any time soon.

© AFP via Getty Images
   
June 26, 2020 9:21 am by Jemima Kelly and Claire Jones

The idea that sterling has effectively become an emerging-market currency has become something of a common refrain in the four years since the Brexit vote.

Bloomberg's Sid Verma asked whether the pound was the "new Mexican peso" as early as October 2016, and the idea that it should be treated as an EM currency has been repeated many times since then. In September last year, then Bank of England Governor Mark Carney became the most high-profile person to join this gloomy chorus, pointing out that sterling volatility was at "emerging market levels", and that the currency had "decoupled" from its peers.

On Wednesday, it was the turn of a Bank of America analyst named Kamal Sharma, who said movements in the exchange rate had become "neurotic at best, unfathomable at worst" (we're not quite sure what that means either), and that the pound was now an emerging market currency in all but name. Apparently Brexit had turned the pound into a mirror of the "small and shrinking" UK economy.

So is there any truth to this? We'd argue no.

For a start, for sterling to really be an emerging market currency, wouldn't Britain have to be an emerging market? It seems an odd designation for the fifth- or sixth-biggest economy in the world, where income-per-capita is above $45,000 (almost four times above the threshold the World Bank sets to demarcate a "high-income country").

Ironically enough, those that argue that sterling is an "EM currency" are surely using very much the wrong term here. If the country is wilting away, surely "emerging" is the wrong word? Wouldn't shrivelling be better? Drooping? Submerging? A wilting market currency, perhaps? "Emerging" suggests that the country's economy is growing.

Second, just because implied volatility — a measure of the market's expectations for future gyrations in the exchange rate — is high, why should that suggest the pound is an EM currency? Clearly Brexit has been destabilising and has left the future unclear, and we all know that the one thing markets can't stand is uncertainty, so it doesn't seem very surprising that volatility — both actual and implied — is raised. Once some political stability has been reached, it seems likely that volatility will fall too.

Third, just because there is now less liquidity in the pound than some of its major peers like the dollar or euro, that again does not mean it is an EM currency. There's a difference between no longer being in the hallowed "G5" group of currencies — which it is not at all clear the pound has fallen out of permanently either — and being an emerging market currency. The Swedish krona isn't particularly liquid, but it's not considered EM.

We called up Stephen Jen, CEO of Eurizon SLJ, a hedge fund that specialises in emerging markets, to get his thoughts on the matter. He was pretty emphatic about the fact that sterling was very much not an EM currency in any way, shape or form, telling us (emphasis ours):

When you think of the uses of money — you have store of value, unit of account, medium of exchange — on all three measures it's very difficult to argue that sterling is not one of the prime, prime, currencies in the world. It's the number three reserve currency in the world, based on the global data, and it takes a lot of soft power for a currency to achieve that status. If you look at all the currencies that have a reserve status, they are issued by countries that have a lot of soft power. It's not just economic might — look at India and China, their currencies are nowhere on the list. 

It's difficult to lose that soft power, which would include things like culture, rule of law, if it's perceived to be fair, if it operates without a lot of intervention or controls from the government, no surprises, and if it's governed by English law, which is well understood by the markets and the world — intangible and difficult-to-quantify practices of a country. All of these underpin the support for a currency such as sterling, and it's very difficult to supplant such a status.

In for a penny, in for a pound

We also called up Savvas Savouri, chief economist at Toscafund Asset Management, another hedge fund, to get his take. He told us the idea was nonsense, and that anyway he didn't necessarily feel that calling sterling an EM currency was pejorative, given that could just be interpreted as meaning that it was grossly undervalued. He told us (our emphasis, again):

This time next year the pound will be materially stronger, in all dimensions. One thing I've always remained steadfast on is that there will be an eleventh hour deal to avoid a no-deal Brexit… and the pound will then gap up — to 1.3 against the euro and 1.6 against the dollar. That's just using back-of-the envelope, econ 101 calculations.

Another characteristic of emerging markets (that is very much lacking in Britain's case) is that their businesses and governments often borrow in foreign currencies — usually the dollar or the euro — due to the lower cost of borrowing associated with assets denominated in leading currencies.

If you're located in the UK, it's difficult to see why you'd bother to do that, given that the government's cost of borrowing for five years is near record lows of -0.06 per cent hit on Thursday, and the cost of borrowing for ten years remains ultra low at around 0.15 per cent as of Friday morning.

It's also worth remembering that, as Jen points out, the UK has global reserve currency status, making up 5 per cent of official sector reserves, according to IMF data. That's more than the Swiss Franc, Australian dollar and Canadian dollar combined. The Fund's figures also show that the proportion of claims in sterling have actually risen since the vote in the middle of 2016.

Why does this matter? Because it lessens the risk that the cost of borrowing for the government will rise substantially any time soon.

All this is not to say that the pound's status hasn't been significantly affected by Brexit; clearly it has been, at least temporarily. But the UK is still one of the world's biggest and most influential economies, with leading universities, the English language, and high-quality cultural and manufacturing exports. Let's not get carried away; the Great British Peso will live to see another day.

Related links:
Pound is becoming an emerging market currency, says BofA analyst — FT

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https://www.ft.com/content/4d7b4e18-5a5f-4f7e-9d32-f27cb329a11c 

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Economists from the Panel of Experts of the Daily E answered the question: What was the best  economic measure taken in Slovakia during the coronary crisis and what  underestimated or failed to do as it should?    Since many members of the panel work for the government, we encouraged them to write as well  about what they personally succeeded in, what they made a mistake and what happened in the last  months learned.    Answer Draxler, Miklos, Odor, Hirman, Vlachynsky, Kazimir, Beblavy,  Letovanec, Ovcarik, Vasakova, Molnarova, Melioris, Suda, Stefanides, Blahova  and Kovalčík.    [TIP: Activate the evening newsletter with the best articles of Diary N that you have yet  They read. Just click once to activate. ]    First, a very brief selection of answers:    Juraj Draxler, Head of the Institute of Strategic Analysis of the Slovak Academy of Sciences, former  Minister of Education:    Unofficially circulating information that government officials enough  the question of whether higher aid spending would make us worse        rating. But this is a relatively absurd approach if our economy shrinks sharply,  we have an even lower rating downgrade.    Ivan Mikloš, economist, former Minister of Finance:    The greatest responsibility for how effectively government and government works  the coalition has a prime minister and the chairman of the strongest coalition party,  so mistakes can be corrected by changing Igor's driving style  Matovic. Especially the transition from micromanagement to strategic  management.    Ľudovít Ódor, Vice Governor of the NBS:    I understand that the situation is complicated: a new government, an unprecedented downturn  economy and a big hole in the budget. However, over time, these are  arguments in favor of a slower reaction time are becoming less and less  applicable. In the second phase of the fight against the corona, Slovakia needs  in addition to investment and other incentives - also major systemic changes, ideal  from next year. Time is running.    Miriama Letovanec, Director of the Implementation Unit of the Office of the Government, part no. on the  maternity leave:    Inventing a measure does not mean automatically delivering it to those who do it  they need. Three months have passed and the numbers we see are not positive -  not only from the point of view of drawing aid, but also from the development of the economy.    Karel Hirman, energy analyst:    So far, the most unnecessary has been the controversy over Sunday's sale  and the most questionable was the principle: all power hygienists. hygienists  they have nothing to determine the framework conditions of business and do not have their own  abuse the position to unnecessarily bully the business  sector, especially at such a difficult time.    Lívia Vašáková, Head of the Economic Analysis Section of the Representation of the European Commission  in Slovakia:    While Slovakia managed the epidemic of COVID-19 after medical treatment  page, economic indicators for the first quarter show sharp  economic downturn. GDP fell by 5.2% and employment by 0.5%, which  Slovakia is one of the most affected countries, such as Italy,  Spain or France. It also dropped significantly in March and April  industrial production and Slovakia were again among the most affected  countries.    Martin Vlachynský, INESS:    States are in debt at an incredible pace, emerging from evening to morning  new social schemes not for people, but for entire industries, are being considered  the entry of the state into private companies, the printing of money also overcame  the darkest moments of the 2008 crisis, the European Union is preparing  introduction of a number of new taxes ... But the most bizarre thing is that politicians  (but also many economists and analysts!) gradually believed that us  not a tough crisis, but a new era of incredible prosperity. Suddenly we are talking  billions for hospitals, new motorways, sewers in all villages,  thousands of rental apartments, I'm just waiting for the return of the wide-gauge railway.    Peter Kažimír, Governor of the NBS    Deferrals of repayments are clearly the best domestic measure. It was  it's simple, understandable and fast. Too bad this principle  did not apply always and everywhere. Trying to help the addressee is fine, well  it was lost due to the "jeweling" of economic measures  precious time.    Ivana Molnárová, director of Profesia.sk:    I consider compensation to be both a positive and a negative measure  labor costs. But the only positive thing is that I state these  contributions provided to entrepreneurs. Everything else around this  however, the measures were no longer unintended or only communicative  uncontrolled.    Miroslav Beblavý, economist, former chairman of the Spolu party    The best economic measure was to stop the corona in its infancy.  A short-term halt to the economy is nothing compared to what we would  experienced if the corona spread in the American way.    Maroš Ovčarik, specialist in personal finance and investment,  Partners Investments    One of the best measures that has been implemented during  coronation crisis, was an agreement with banks to defer loan repayments. Here is  important not only the idea itself, which helped to breathe financially  to date, more than 160,000 people and 9,000 companies.  The implementation was essential, ie the simplicity and speed of the equipment.    Libor Melioris, economist    Overall, it turned out poorly. The most visible measure - direct  aid turned out to be the poorest.  The average monthly support per job is less than  300 eur. The regime is particularly schizophrenic towards self-employed people.  In good times he tolerates not paying taxes, but in bad times he does  faces that tradesmen do not exist.    Pavol Suďa, chief analyst of the Finstat.sk portal    Intuitively, it seems to me that the effect of the measures will not be dramatic. That key  will be how our economy will cope with the collapse of the foreign  demand, the rapid recovery of which is questionable. In this area yet  I don't see ideas or suggestions to local employers  essentially dependent on exports.    Zdenko Štefanides, chief analyst of VUB banka:    At the onset of coronacoma, I would welcome an immediate bridge to it  flat-rate money transfer to all households, not just directly  crisis-stricken. That didn't happen, and that's why speed was important  alternative forms of assistance, since the enlargement of the PRC, the introduction of  kurzarbeit, deferment of payments of levies or tax advances, but also installments  loans.    Renáta Bláhová, tax advisor and auditor at BMB Partners, member since April  Advisory Team to Minister of Finance Heger:    Direct financial assistance through the Ministry of Labor was for objective reasons  slower, to this day has many critics because it is targeted and limits  posts are set too low. There would be shortcomings here  correct by extending aid schemes that have already started, if any    by the end of the year, and contribution limits will be increased. Addressability I would definitely  did not recommend changing, as a deterrent example could be our Czech neighbors, where  called. helicopter money has become an attraction for fraudsters. In Slovakia, we have it all  reasonably foresaw.    Ján Kovalčík, analyst, INEKO:  Looking back shows contributions to job retention  they could also be higher. Well, it's easy to comment on what we know today,  when the economy is opening up fast and the circle of potential applicants is growing  narrows. At the time of decision making in March or April, I would  significantly more generous support was probably considered budget  Stunts.    Martin Kahanec, economist, labor market specialist, founder of Central European  Labor Studies Institute (CELSI)    Without a well-thought-out testing, tracing and isolation system  In some cases, we risk emerging large outbreaks of pandemics without  we captured and eliminated them quickly enough. It would help  systematic testing of people at risk, geographically  scattered occupations with a high frequency of contacts: because of them  health, but also because it would give us like litmus papers  helped find outbreaks. Systematic area testing of waste  water and all blood samples taken for the presence of coronavirus, respectively  coronavirus antibodies would also help us to effectively identify germs  such outbreaks.    Andrej Svorenčík, economist at the University of Mannheim:    We can show and forbid in extraordinary circumstances, but  more complex activities are still, unfortunately, still beyond our borders  options.    And now complete answers from the best Slovak economists:    Juraj Draxler, Head of the Institute of Strategic Analysis of the Slovak Academy of Sciences,  former Minister of Education    By far the most effective measure was the introduction of wage subsidies  (simply called kurzarbeit). Therefore, it is one of the primary  measures in virtually every country, not only in our country.    Unfortunately, in our country the measure started to be implemented late and cumbersome  (complicated filling in of statements even for self - employed people who wave  in other countries access to much easier assistance) and in a very limited way  a.    The ceiling is so low that it will do great damage to skilled workers, exactly those  which our economy should strive to maintain. In the beginning, in addition, the measure  introduced not widely, but only for small and medium-sized enterprises. And that's purely because the government  she could not understand that the aid would have to be relatively broad.  At the same time, she calculated whether she had "enough money", although even in early April, when she was still  aid from the EU level was not in full swing, resources were. Unofficially circulating  information that government officials were quite busy questioning whether we were bigger  aid expenditure will not downgrade the rating. But this is a relatively absurd approach to us  the economy will shrink sharply, the downgrade is even more certain.    Throughout the story of economic aid, I am fascinated by how weak it is and even that it is  little awareness here. And this despite the fact that whoever wants to see how massive  and other countries reacted quickly and that we are also indirectly pushing us for more aid from the European    Union. There is still a kind of misleading belief that after the opening of the economy  everything will return to roughly normal, which is not true at all.    In addition, instead of a centralized discussion on selecting the most effective tools  here, for example, the crisis use of Eurofunds left practically purely to the departmental  gravity: what the ministries come up with, money is put into it. That's almost  criminally irresponsible, it will be slow and some resources will probably be wasted on  inefficient things.    On Tuesday, I chaired a meeting of several domestic economic experts, they agreed  we believe that even the latest NBS forecast has strongly undershot the effects of the crisis on  employment (its forecast is 70,000 lost jobs  in a more conservative scenario and about 100,000 in the worse). In fact, we should  to talk about at least double numbers, even if only in relation to the existing ones  jobs in Slovakia.    An additional problem on the labor market will be the return of Slovaks from abroad, especially  due to brexite, it has already begun and will intensify with the shortening of the transitional period.  At the same time, we have no response here in terms of labor policy or incentives  domestic demand, which will have significant consequences. Politically, then, it will be interesting  the question of whether people will usually suffer in silence at home or whether there will be stronger ones  social explosion.    Ivan Mikloš, economist, former Minister of Finance    I consider the best economic measures during the corona crisis to be those  which were fast and automatic, such as extending deadlines to  filing tax returns and a relatively quick agreement on a solution  the problem of canceled tours in travel agencies. In the same way  positive, although delayed, was the agreement to cancel the bank  drain.    On the other hand, concerns (also mine) have been confirmed that help people, entrepreneurs  and the economy will be slow and insufficient. I evaluate this, of course, negatively,  as well as the pointless extension of the Sunday sales ban even after the lifting  emergency.    Delayed and insufficient assistance can also be caused by previous inexperience  most members of the new executive, but I think the main problem lies  in inefficient management within the government and the governing coalition. largest  the prime minister is responsible for how effectively the government works and the governing coalition  and the chairman of the strongest coalition party, so this mistake can be corrected by change  management style by Igor Matovič. Especially the transition from micromanagement  to strategic management.    Ľudovít Ódor, Vice Governor of the NBS  Measures that were either relatively automatic worked best  (for example, the PRC), or were processed through the private sector (deferral  loan repayments). It turned out that the mentality that helps in  detection of abuse of public systems is rapid when needed  and sufficiently large aid is a significant obstacle.    Simply put, bureaucratic procedures and outdated processes have slowed down much of the support.  The approval of state aid by the European Commission also has reserves in flexibility, although  it must be said that the system is more flexible than in the past. Also an agreement between the government  and commercial banks insists on my taste for a long time.  I understand that the situation is complicated: a new government, an unprecedented economic downturn  and a big hole in the budget. Over time, however, these arguments are in defense  slower reaction time is becoming less applicable. Slovakia needs in the second  phases of the fight against the corona - in addition to investment and other incentives - also large systemic ones  changes, ideally from next year. Time is running.    Miriama Letovanec, Director of the Implementation Unit  Government Office, t.č. on maternity leave    Inventing a measure does not mean automatically delivering it to those who do it  they need. It's been 3 months and the numbers we're seeing aren't positive -  not only from the point of view of drawing aid, but also from the development of the economy.    Delivering a measure therefore does not just mean allocating a specific package  public resources. When creating measures, it is necessary to look not only at  whether they worked abroad, but from the point of view of deliverability also take into account  administrative and organizational constraints of the Slovak public sector.  As in the private sector, we need to take action before launching  test from the process side. It doesn't take months or time to create such a process map  emergency situations, such as the economic corona crisis, it is possible to shorten these  actions on. After more than two decades, politicians still have not learned their lesson - they announce  its initiatives at a time when many unknowns are still entering the equation  variables. At the same time, it would be enough to wait a few days, refine the processes and into the media  announce managerially taken measures.  We abstract from the fact that the resources used in the first round are Eurofunds. If he has  be a quick measure, so it must not be administratively burdensome and should not involve more  as two procedural steps. Checking the accuracy or presentation of true information  carried out ex-post and not continuously. After all, affidavits are used.    If the measure is to be targeted, cesium must not fall into the future  a certain part of the target group. But especially it should be administered in simple language  and in a user-friendly way for the general masses of the population - even those who experience it  they do not have to read the laws. Let's use behavioral approaches.    Today is the time to return to the standard ways of making legislation, to minimize  resortism, share data across the public sector and get  economic aid as quickly as possible to those who need it. Because we only have  very limited time.    Karel Hirman, energy analyst    Now criticize or praise the government for economic policy would  it was unfair. The government has not done politics so far, but it was literally  firefighter and rescuer. I think given that for what  the coalition and the situation in which it has taken responsibility, so far with it  she fit in quite well as much as possible. Evidence of this too  comparison with other countries.    Of course, aid management and access to use could have been better managed  EU funds. But first it requires fundamental systemic as well as personnel changes  in the state administration so that other mechanisms and approaches can be set up, which  will aim at meaningful, transparent and also operational use of resources without  unnecessarily complicated bureaucracy.    So far, the most unnecessary has been the controversy over Sunday's sale and the most questionable  principle: all power hygienists. Hygienists have nothing to determine the framework conditions  business and should not abuse their position for unnecessary bullying  business sector, especially in such difficult times.    The hour of truth for the economic policy of this governing coalition is coming now, at  preparing and approving comprehensive support and simplification measures  business environment. It will be important to assess the success of the government  amendment to the law on the state budget for this year, which must be urgently  developed so that a genuine economic policy can be pursued.    Another key task will be to develop a quality project framework for  use of a special EU fund, which must be used primarily for systemic funding  modernization and restructuring of the economy and employment, at the same time  support for socially positive measures.    In the short term, not only the termination of personnel will be equally important  changes in state-owned enterprises, but also the determination of strategic tasks for their next    development. In this regard, as an energy professional, I have considerable doubts whether the creation  of the notified holding of state heating plants is the "real nut".    A strategically and security-sensitive task, which has been almost discussed in our country so far  does not speak, but is a major issue at EU level and in its key countries such as  Germany and France, the state's entry into changing ownership is sensitive  sectors and enterprises.  In a situation where the coronary crisis has further weakened the entire sectors they have faced last year  serious problems, such as metallurgy, automotive but also energy, you are responsible  the government urgently needs to prepare legislative instruments to enable it to do so effectively  and to emphatically enter into these processes, regardless of the ownership structure of the companies.    Lívia Vašáková, Head of the Economic Analysis Section  Representations of the European Commission in Slovakia    While Slovakia managed the COVID-19 epidemic well after the medical exam  page, economic indicators for the first quarter show sharp  economic downturn. GDP fell by 5.2% and employment by 0.5%, which  Slovakia is one of the most affected countries, such as Italy,  Spain or France. It also dropped significantly in March and April  industrial production and Slovakia was again among the most affected  countries.  All Member States have tried to help their countries since the outbreak of the pandemic  economies. However, the aid was not even. With over 50% of the total state  aid within the EU is strongly dominated by Germany, which has been building for several years  budget surpluses. Most Slovak state aid schemes have only been approved  in last days. Also according to various comparisons of aid intensity, Slovakia gave  support the economy relatively little and the difference compared to other EU countries is visible  mainly in liquidity support (soft loans and state guarantees).    A great opportunity for Slovakia is the recently proposed European assistance in the amount of  EUR 1.85 trillion, of which Slovakia, after approval by the Council and the European Parliament,  will be able to draw about 24 billion. This package should, in addition to the classic EU  funds and agricultural subsidies to support the reforms they may decide  about the curve and the intensity of recovery.    Martin Vlachynsky, INESS    The main mistake is to steer the whole social debate. It is decided whether  the slender manufacturer or that producer will receive the aid  strawberry compotes, whether the carmaker will lay off 500 or 1000 people,  with our eyes wide, we look at the NBS and other institutions, or theirs  the tuned model will show a decrease in GDP of 10.3% or 11.2%. For now  background are the biggest changes in the functioning of advanced economies behind  the last 30 years.    States are in debt at an incredible pace, new social ones are emerging from evening to morning  schemes not for people but for entire industries, the entry of the state into the private sector is being considered  companies, the printing of money has overcome even the darkest moments of the 2008 crisis,  The European Union is preparing to introduce a number of new taxes ...    But the most bizarre thing is that politicians (but also many economists and analysts!) Gradually  they believed that we were not facing a severe crisis, but a new era of incredible prosperity.  Suddenly we are talking about billions for hospitals, new highways, sewers in  all the villages, thousands of rental apartments, I'm just waiting to return  wide gauge railway.    As if suddenly an almost infinite amount of resources fell into the hands of the state. A word  "Investment" in today's debate has completely changed its meaning - it is no longer an expense  with a return, but virtually any expense. Consumption has become an "investment". it  is, of course, nonsense. The crisis cannot be redeemed and it is entirely responsible for these decisions  Europe to pay the lost generation.    I therefore do not consider it fruitful to assess whether this government has poured money quickly or not  slowly, or whether she has prepared request forms with too many parties  or small font. I will evaluate it according to its approach to the essentials  questions that will come in the coming months, whether it will use this time for reforms,  which we have been talking about for decades.    Peter Kažimír, Governor of the NBS    Deferrals of repayments are clearly the best domestic measure. It was  it's simple, understandable and fast.    It is a pity that this principle has not always and everywhere been applied. Trying to help  Addressed is fine, but too much "jeweling" of economic measures  precious time has been lost.    Due to the seriousness of the situation, it was better to burn it a bit at the beginning and correct it  later. It is no shame to change things.    The unfortunate plot around the bank levy is pointlessly delaying the introduction  guarantee schemes. Without them, we cannot secure credit to our economy and without it  smooth lending will not recover.    Finally, briefly on the measures. Yes, they should be simple, understandable  and feasible. And it would be very helpful if these measures were also the result  transparent process. The situation is too serious to make decisions  affecting the lives of millions of people arose behind closed doors of any kind  crisis staffs.    Ivana Molnárová, director of Profesia.sk    I consider compensation for wage costs to be both a positive and a negative measure.  The only positive thing, however, is that the state provided these contributions to entrepreneurs.    However, everything else about this measure was already unintended, or  only communication unmanageable. These posts came with great  delays that have sent many employers to secondary employment  insolvency.    The problem is also that the state did not think of everyone and everyone  this aid scheme was unavailable to many. If we were out of it  should teach, so clearly the state should have a mastered mechanism  standardized communication of such measures through methodological  guidelines and the like.    The second room for improvement is the ability of competent institutions to act, which  should ensure the prompt delivery and implementation of these measures.    Miroslav Beblavý, economist, former chairman of the Spolu party    The best economic measure was to stop the corona in its infancy.  A short-term halt to the economy is nothing compared to what we would  experienced if the corona spread in the American way. Therefore drastic  and immediate action in March - closure of establishments, schools and borders  and I consider wearing masks to be the best economic measure so far.  This no longer applies to the next step.    The biggest mistake is the misunderstanding on the part of most state officials that  governance in times of such a crisis is quite different from opposition  the policy to which they are accustomed. We have seen preference for most of them  press releases, dramatic statements and even media narcissism before hard work on  saving the economy.    It is easy to declare First Aid for 1.5 billion euros, but it is difficult to make it a reality.  Already at the end of March, several economists - for example, Ivan Mikloš and I pointed out - that  aid must be simple, accessible and distributed as far as possible over existing ones  institutions and, if possible, instruments. We have even designed specific tools. The government went    through new and administratively demanding tools, many of which, of course,  mismanaged.    Maroš Ovčarik, specialist in personal finance and investment,  Partners Investments    One of the best measures that has been implemented during  coronation crisis, was an agreement with banks to defer loan repayments. Here is  important not only the idea itself, which helped to breathe financially  to date, more than 160,000 people and 9,000 companies.  The implementation was essential, ie the simplicity and speed of the equipment.    Probably the least successful was the introduction of government measures in terms of speed  and ease of handling for specific applicants.    This crisis has fully shown that if we want our state to be better governed and to be  ready to respond flexibly even in the event of such mega-crises, we must  move in digitization. This will allow us to get important data faster, even if  today the state has it at its disposal, but so far it cannot work with them effectively. In this regard,  he could learn from the private sector.    Libor Melioris, economist    Terms such as "social contract" or "implicit agreement" are for  of the common man incomprehensible. Any crisis, whether political or  economic, is a rare period during which it materializes  and redefines the citizen-state relationship.    The Munich Agreement in 1938 with the citizens of Czechoslovakia  materialized in the form of summons orders in the context of general mobilization.  The epidemiological crisis of 2020 gave our establishment a chance to materialize  citizens through economic aid.    Overall, it turned out poorly. The most visible measure - direct aid, turned out  most impoverished.  The average monthly support per job is less than 300 euros.  Especially schizophrenic  the regime treats self-employed persons. In good times, he tolerates not paying taxes,  but in bad times  pretends that tradesmen do not exist.    What was to be done was prophetically described by Konstantin Chikovsky in March. How is that  turned out and what to do with it now, the best described by Ivan Bosňák in the recent  commentary.    Pavol Suďa, chief analyst of the Finstat.sk portal    I assume that they should have the biggest macroeconomic effect  measures such as deferral of loan and lease payments, state subsidy for  rent, contributions to employees' salaries, deferral, etc.  remission of social security premiums, deferral of payment  advances on income tax, deferral of tax return or  temporary protection of entrepreneurs and tenants.    However, we will find out what real and significant positive impact they will have in the final  up to a longer time interval. Some entrepreneurs have announced that they are supportive  schemes are too complex. Others are afraid to use them for potential future risks,  whom they fear.  For example, the courts have provided temporary protection from creditors since mid-May only  about 170 businesses, employing about five thousand  workers. Up to ten percent of them gave up quickly, especially for the negative  reaction of creditors.    Intuitively, it seems to me that the effect of these measures will not be dramatic. That the key will be  how our economy will cope with the slump in foreign demand, which is fast    recovery is questionable. I don't see any ideas or suggestions in this area yet  they significantly helped the local employers, who were essentially dependent on exports.    Zdenko Štefanides, chief analyst of VUB banka    In my view, the best measures after the outbreak of the coronary crisis were  those that were quick and helped the largest group of people affected  crisis. At the onset of coronacoma, I would welcome her to bridge it  immediate lump sum money transfer to all households, not only  directly affected by the crisis. It didn't happen, and that's why it was  the important speed of alternative forms of assistance, since the enlargement of the PRC,  introduction of kurarbeit or deferral of payments of levies or tax advances, but also installments  loans.    The latter measure has proved to be extremely effective and rapid  assistance reached by more than 160,000 households. Banks so at the beginning of this crisis  they have helped to overcome difficult times for perhaps more people than state aid.    That is also why it seems unfair to me that the special bank levy has still not been canceled. After  other central bank arguments in the Financial Stability Report  perhaps no one doubts this levy for the economy. Sure, as an employee of one  from the banks I am in a conflict of interest in this topic. But in a situation where he dropped the bank levy  most banks to the losses before the onset of the coronary crisis, I can not look at it differently  as a fine for the very sector that has helped those affected in this crisis  households and businesses perhaps the most.    Renáta Bláhová, tax advisor and auditor at BMB  Partners, member of the advisory team of the Minister of Finance since April  Heger    The most important measure from the country 's point of view was to ensure sufficient liquidity for  the proper functioning of the state right at the beginning of the pandemic, as it threatened not to pay    officials. We have succeeded and today we have the opposite challenge, to prepare  reforms so that the generous several billion in assistance from the EC is  used for sensible reforms of our country. The chance for change is real  great.    From the point of view of the business entities that are most at risk  pandemic, postponement of assistance was the fastest  direct taxes and social security contributions.    Direct financial assistance through the labor sector was slower for objective reasons,  to this day it has many critics because it is targeted and the limits on posts are set  too low. Here, the shortcomings could be corrected by already starting the schemes  pomoci sa predĺžia, ak bude treba aj do konca roka, a limity na príspevky zvýšia.  Adresnosť by som určite neodporúčala meniť, ako odstrašujúci príklad by mohli byť  naši českí susedia, kde sa tzv. helicopter money stali lákadlom pre podvodníkov. Na  Slovensku sme to vcelku rozumne predvídali.    Na čo som osobne hrdá, že sa mi v poradenskom tíme ministra financií podarilo  rozbehnúť? Spomeniem heslovite len vybrané oblasti, bez nasadenia celého tímu  MF a medzirezortnej komunikácie by to však nebolo možné:  Index daňovej spoľahlivosti: väčšia transparentnosť kritérií a zlepšenie výhod pre  spoľahlivých daňovníkov.  Pravidlá CFC pre fyzické osoby s cieľom zamedziť zneužívaniu schránkových  spoločností vjurisdikciách snízkym daňovým zaťažením. Tieto pravidlá boli vr.  2017 na poslednú chvíľu v parlamente stiahnuté a zavedené z nepochopiteľných  dôvodov len pre právnické osoby. Pre občerstvenie pamäti prikladám aj  ilustratívny link.  Prísnejší trestný zákon pre oblasť krátenia priamych daní s cieľom zamedziť  špekulatívnemu zneužívaniu u agresívnych daňových subjektov (navrhuje sa  vypustiť ustanovenie o účinnej ľútosti zavedené vroku 2013). Aj tu pre ozrejmenie  súvislostí prikladám link.  Dlhodobý systém kurzarbeit, o ktorom pred rokom mohli firmy len snívať.    Za najdôležitejšie považujem v najbližšej dobe znormalizovať legislatívny proces tak,  aby vláda mohla dodržať predvolebný sľub o predvídateľnej legislatíve. To znamená  schvaľovať dôležité zmeny len jedenkrát za rok a to k 1. januáru, ideálne s jasným  úplným znením zákona a úplne zakázať prílepky.    Ján Kovalčík, dopravný analytik, INEKO    Za ekonomicky i sociálne najlepšie opatrenie v koronakríze  považujem využitie nečerpaných eurofondov na odvrátenie  prepúšťania. Príspevky na udržanie zamestnanosti doslova zachránili  prácu desiatkam tisíc ľudí. A spolu pomohli firmám pokryť podstatnú  časť nákladov na stovky tisíc pracovných miest.    Áno, príspevky nenabehli expresne. Ale s ohľadom na biedny stav elektronizácie  procesov na úradoch stále veľmi dobre. Fakt, že predtým dlhé roky pri informatizácii  šlo viac o lukratívne zákazky než o lepšie služby, teraz nik rýchlo nenapraví.  Spätný pohľad ukazuje, že príspevky na udržanie pracovných miest mohli byť aj  vyššie. No to sa ľahko komentuje s tým, čo vieme dnes, keď sa ekonomika rýchlo  otvára a okruh potenciálnych žiadateľov sa zužuje. V čase prijímania rozhodnutí  v marci či apríli by som významne štedrejšiu podporu asi považoval za rozpočtové  kaskadérstvo.    Druhým významným a široko využívaným opatrením sú odklady splácania úverov.  S ohľadom na nízku finančnú gramotnosť väčšiny populácie však odporúčam aktívne  vysvetľovať, že úroky nabiehajú aj teraz. Preto čím dlhší odklad dlžníci využijú, o to  viac a dlhšie budú zostávajúci úver splácať.    Z opatrení, ktoré sú teraz pre ekonomiku dôležité a dlho viazli, považujem za  najdôležitejšie preklenovacie úvery podnikateľom. Slovensko má banky v dobrej  kondícii a očakával by som, že viac podržia životaschopných podnikateľov v ťažkom  období. Aj pred definitívnym schválením štátnych garančných schém. Teraz banky  mohli a môžu ukázať, či sú partnermi aj do zlého počasia.    Martin Kahanec, ekonóm, špecialista na trh práce, zakladateľ  Central European Labour Studies Institute (CELSI)    Ekonomické opatrenia, ktoré sa urobili, sú v princípe správne  a pomáhajú svojim cieľovým skupinám. Rezervy boli najmä  v rýchlosti ich implementácie, administratívnej záťaži na žiadateľov,  a nedostatočnej výške podpory pri niektorých opatreniach.    Niekedy aj vo svojej podstate dobré opatrenia trpeli chybami  v detailoch pri ich implementácii. Napríklad keď sa zamestnávatelia zdráhali  požiadať o opatrenia prvej pomoci z dôvodu nejasností okolo ich účtovania  a zdaňovania.    Zatiaľ sa nepodarilo implementovať investičné opatrenia pomoci mestám a obciam.  Verím ale, že sa potenciál tisícov starostov a primátorov, ktorí majú dobrý prehľad,  v ktorých projektoch je v ich obciach a mestách najvyššia pridaná hodnota, podarí  urgentne realizovať.  Aj keď epidemiologické opatrenia na zabránenie druhej vlny pandémie po otvorení  ekonomiky nepatria priamo medzi ekonomické opatrenia, ich dosah na ekonomiku  môže byť väčší ako celá doterajšia pomoc dokopy.    To, že počty prípadov COVID-19 po otvorení narástli, nie je prekvapujúce, a samo  osebe ma to v tejto miere ani neznepokojuje. Veľmi ma však znepokojuje, či sme na  zvýšené riziko druhej vlny dostatočne pripravení. Druhý lockdown by bol pre  ekonomiku a spoločnosť devastačný.    Bez premysleného systému testovania, trasovania a izolovania prípadov nám hrozí  vznik veľkých ohnísk pandémie bez toho, aby sme ich dostatočne rýchlo zachytili  a eliminovali. Pomohlo by systematické testovanie ľudí v najrizikovejších, geograficky  rozptýlených povolaniach s vysokou frekvenciou kontaktov: kvôli ich zdraviu, ale aj  kvôli tomu, že by nám ako lakmusové papieriky pomáhali nachádzať ohniská nákazy.  Systematické plošné testovanie odpadových vôd a všetkých odobraných krvných    vzoriek na prítomnosť koronavírusu, respektíve protilátok na koronavírus, by nám  tiež pomohlo efektívne identifikovať zárodky takýchto ohnísk.    Andrej Svorenčík, ekonóm na Univerzite  v Mannheime    Na Slovensku si za bežných okolností nevieme efektívne riadiť veci  verejné. Preto by sa mohlo zdať, že v krízovej situácií, keď sa štát  potrebuje venovať len veľmi limitovanému okruhu úloh, tak by v nich  mohol dosiahnuť nadpriemerné výsledky. Tými kľúčovými úlohami štátu počas  pandémie boli a naďalej sú zamedziť šíreniu nákazy a stlmiť dopady na  hospodárstvo.    V prvej úlohe Slovensko síce uspelo, ale z formálnej stránky je tam viacero otáznikov  — napríklad legitimita konzília epidemiológov a pod. V druhej úlohe je výkon  nateraz nedostatočný, hlavne na úrovni deravého pokrytia a pomalej  implementácie Prvej pomoci zamestnancom, podnikateľom a SZČO zo strany  Ministerstva práce, sociálnych vecí a rodiny. Prikazovať a zakazovať za  mimoriadnych okolností nám ide, ale komplexnejšie činnosti sú nateraz, žiaľ, stále  ešte za hranicami našich možností.    Ak máte pripomienku alebo ste našlichybu, napíšte prosím na