Category: Uncategorized
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The Feudal Roots of Scaling
In recent years, there has been a growing concern about income inequality and the concentration of wealth among a small group of individuals in the United States. According to a report by the Institute for Policy Studies, the top 1% of Americans own more wealth than the bottom 90% combined. This concentration of wealth and…
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AI Value Added
The rise of artificial intelligence (AI) and automation technologies has led to concerns about the future of work and the potential displacement of human labor. Some have argued that these technologies will commoditize cognitive grunt work and make the human touch less valuable. However, this view is misguided, as AI and automation will actually make…
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Web3: A larp wrapped in Braudilliana inside a simulation
A larp wrapped in Braudilliana inside a simulation. Web3 is a concept that refers to the decentralized web, where data, applications, and services are no longer controlled by a central authority but are instead distributed across a network of nodes. This idea of a decentralized internet is a shift away from the current Web2 model,…
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Technowatermelons (TWM)
Techowatermelon: Big heavy looking outfit or startup that goes to pieces on first test. It’s a Nassim Taleb neologism. Nassim Taleb introduces the concept of the “techowatermelon” as a neologism to describe a startup that appears big and heavy-looking but ultimately falls apart upon its first test. This term is a metaphor for the fragility…
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Innovation/Large Exits
I think large exits are toast. The narrow focus is stifling, the incentives misaligned and the concentration will eat itself. I think that’s what the sudden concern with fractional reserve banking is suddenly about. By doing the headless chicken act they’re probably speeding up the outcome they all have been trying so hard to avoid.…
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LLMs
As someone who has spent years mastering complex verbal prestidigitation, I can say that the statement “Only verbally inept shape rotators are that impressed by GPTx” oversimplifies the issue. While it’s true that GPTx has limitations and can’t replicate the nuances of human language, it’s also true that the technology has shown impressive capabilities in…
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The Low Spark Of High-Heeled Live Players
The concept of live players is fundamentally incompatible with the often-used excuse of said player that’s they feel forced to act a certain way because of “woke”. This excuse fails to recognize the agency that individuals have over their own actions and decisions, and it highlights the contradiction between responsibility and progress that are central…
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The Banking Crisis of 1931
Fritz Thyssen was a prominent German industrialist who played a significant role in the 1931 European banking crisis. He was an investor in Creditanstalt, a major Austrian bank that had made risky investments in Eastern Europe. As a big shareholder of the bank, Thyssen withdrew his funds due to financial concerns, which sparked a run…
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Hypermusic
Hypertext, the non-linear and interactive way of organizing and presenting information, has revolutionized the way we access and process knowledge. Its impact can be seen in various fields, including literature, education, and technology. However, the concept of hypertext has not been limited to just textual information, and it has given rise to the idea of…
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The Id is An Alien
If we consider the id as an alien, we could hypothesize that it is a separate entity that resides within the human psyche, perhaps even an extraterrestrial parasite that has evolved to influence human behavior for its own benefit. The id would then be seen as an intelligent, non-human force that exists within us and…