This post was going viral on Reddit, “Are we living in a time of ‘widespread social collapse’?” I think it’s more like small-scale, localized decay, not widespread societal collapse. This is not a particularly popular position. American exceptionalism is not just about economics or foreign pricy, but the belief that everything either centers around us… Continue reading No societal collapse yet, but we’ll keep waiting
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Open AI is No Gold Rush
Martin Shkreli on the Open AI Gold Rush: Real Innovation Will Come After The AI Bubble To call Open AI a goldrush implies that at least some ordinary people are making money from it. Except no one is making any money from Open AI. Unless, I suppose, you include making viral YouTube videos and tweets… Continue reading Open AI is No Gold Rush
The Daily View 5/1/2023 : A lot of Items!
#1 Another excellent article by Mr. 187 IQ, DeSantis Opens The Door To Hate Speech Laws: There’s already a precedent for this. Police around the country have opened criminal investigations into “It’s Okay To Be White” fliers. A man recently indicted for his role in the Charlottesville tiki torch march was denied bail in part… Continue reading The Daily View 5/1/2023 : A lot of Items!
Having academic credentials is no assurance of quality
From 2009, Eliezer Yudkowsky discusses the Shangri-La Diet, a type of diet that involves the added consumption of oil: Once upon a time, Seth Roberts (a professor of psychology at Berkeley, on the editorial board of Nutrition) noticed that he’d started losing weight while on vacation in Europe. For no apparent reason, he’d stopped wanting… Continue reading Having academic credentials is no assurance of quality
Meta stock surges again: how so many got it wrong
As Meta stock surged today on yet another quarter of strong earnings, it’s time to reflect on how so many people this wrong. Funny how people keep blaming the buybacks or layoffs. Those helped, but what is overlooked is just how insanely profitable and dominant Meta’s core advertising business is, both Facebook and Instagram. What… Continue reading Meta stock surges again: how so many got it wrong
The Media Purge
This week’s media purge would make even Stalin proud. Tucker gone. Don Lemon gone. And of a lesser note, Nate Silver gone from ABC News. Good ol’ ADL, never passing on the opportunity for self-promotion: Jonathan Greenblatt, the head of the Anti-Defamation League, praised Fox News’ decision, saying it is “about time” and that “for… Continue reading The Media Purge
Ignoring the Middle Fallacy: overlooking long-term trends
I don’t get this common/popular notion where just because you lose a lucrative job or opportunity that suddenly you become poor. What happens to all that accumulated money? Does it just go away? I think we want to believe that it does because it gives us comfort knowing that some sort of balance has been… Continue reading Ignoring the Middle Fallacy: overlooking long-term trends
Elon Removes Legacy Twitter Checkmarks…a Mistake?
I can’t believe it happened, but Elon kept his promise and removed all the legacy verified accounts that failed to pay $8. It’s not uncommon for management to make big promises but then delay or renege on it (this happens all the time in business), but Elon actually followed through on such a drastic change… Continue reading Elon Removes Legacy Twitter Checkmarks…a Mistake?
Richard Hanania: Weight Loss, Free Will, and Choice
From Richard Hanania: Fat Shaming and Free Will: How to think about the concept of “choice”. It’s inconsistent how people who are otherwise empirically-minded in so far as IQ, the futility of pre-k (and other costly education intervention), or crime stats are concerned, but cannot bring themselves to accepting the data that most dieters fail… Continue reading Richard Hanania: Weight Loss, Free Will, and Choice
The Daily View: Bitcoin crash cont., McDonald’s stock surge, Elon lawsuit, the SATs
1st item: Bitcoin continues to crash like I said it would yesterday, getting ready to break $28k on its way back below $20k soon despite the Nasdaq holding strong at 13,000. This week my BTC method has been among the most profitable ever. I will show the spreadsheet soon of the backtested results to demonstrate… Continue reading The Daily View: Bitcoin crash cont., McDonald’s stock surge, Elon lawsuit, the SATs