There are three certainties in life: Death, taxes, and Bitcoin falling. Bitcoin continues to crash as predicted, breaching $57k on its eventful trajectory to $20k or lower. The divergence between Bitcoin and leveraged tech ETFs keeps widening, as predicted also: Earlier this year it looked like I was wrong, but then Bitcoin inexplicably collapsed as… Continue reading Bitcoin keeps falling as stocks keep going up
Month: July 2024
The end of work
Every indicator points to the rise of a post-work, post-scarcity economy, such as the rise of AI, or discussions of 4-day workweeks, which are being tentatively rolled-out or experimented, along with some cities implementing small-scale UBI programs. Low-paying retail work, in particular restaurants, are increasingly and chronically understaffed. Or an increasing number of holidays. This… Continue reading The end of work
Consider Specialization: The Benefits of Specialization
A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook… Continue reading Consider Specialization: The Benefits of Specialization