Month: November 2024

For some reason, the media has convinced itself or spun a narrative that the incoming Trump administration will enact major pro-crypto reform. Somehow, Congress will have no trouble passing major legislation that will help crypto; nevermind that Trump’s track record at legislation is poor. Bitcoin has surged in recent weeks in anticipation of a more… Continue reading Predictions: Trump’s ‘crypto reform’ is DOA; Tariffs not a big deal

I saw this going viral: The Three Pillars of the Bro-Economy: Day-trading, sports betting, and crypto are about to get bigger. The growing popularity of sports betting and crypto gambling is related to the rise of lottery-like systems of wealth. For those who cannot make it in tech or other high-status or high-paying jobs, they… Continue reading Sports betting, crypto gambling, and lottery-like systems of wealth

It’s not news that Americans spend a lot on healthcare. Nothing has seemed to work at changing this. Preventive care and technology, such has AI, has not put a dent in this spending. Same for the push for healthier lifestyles. There is much blame to go around–from drug companies, to insurance companies, or people being… Continue reading Rational loss aversion explains why healthcare spending is so high

An epic-sized article by David Brooks: How the Ivy League Broke America: The meritocracy isn’t working. We need something new. The good test-takers get funneled into the meritocratic pressure cooker; the bad test-takers learn, by about age 9 or 10, that society does not value them the same way. (Too often, this eventually leads them… Continue reading The meritocracy is still intact, even if we don’t like it

The paper Taking AI Welfare Seriously was published to arXiv on November 4th, 2024, and went viral, which motivated me to write this post. It’s evident over the past few years that the Computer Science (/CS/) section of arXiv has far surpassed the other sections: The problem is /CS/, once contained, has now become a… Continue reading The Computer Science (/CS/) section of arXiv is out of control and needs pruning or to be spun-off

Item #1: Trump Unveils DOGE: pic.twitter.com/Vnk4MCAofY — Elon Musk (@elonmusk) November 13, 2024 What better way to reduce government waste than to create a government agency tasked with that. This is like something pulled strait from Idiocracy. Also, DOGE will have to seek committee approval before it can actually cut anything. Nothing will change. Nothing… Continue reading The Daily View: 11/14/2024: DOGE, Crime and Prisons, Conspiracy Theories, Crypto Regulation, IQ

I saw this going viral Why Is the Tesla Cybertruck So Depressingly Ugly?, by Ted Gioia. Regarding the part about the Eiffel Tower, this logic would only apply if his was the only Cybertruck, similar to there only being a single Eiffel Tower, instead of being a mass-produced automobile. But overall, this whole article comes… Continue reading In Praise of the Cybertruck

There has been a lot of speculation of how a second Trump term will affect the economy. Similar to his first term, I am bullish on the stock market and fully-invested. Here are my thoughts. 1. Deficits will surge, but it won’t be a big deal for investors. The stock market will keep going up… Continue reading Trump economic policy and predictions; why I am bullish on stocks

Following Kamala Harris’ loss to president-elect Donald Trump, as to be expected, there is a lot of blame going around as to why she lost. Much of the blame centers around her running a bad campaign or making the same mistakes has Hillary made in 2016. Or maybe Trump cheated. Or perhaps she was simply… Continue reading Did the media cost Harris the 2024 election?

Elon Musk is yet again the man of the hour. Elon can do no wrong. I have never seen anyone as consistently able to deliver as he is. After the July assassination attempt, he went all-in on Trump when no one other billionaire would. Having acquired Twitter, he repurposed the platform to help secure what… Continue reading Elon Musk–the man of the hour.