Don’t beat yourself up for missing out on AI or Nvidia hype

In 1997 IBM made headlines worldwide after its supercomputer, Deep Blue, beat chess grandmaster Garry Kasparov in a 6-game match. In 2006 IBM researcher David Ferrucci created Watson, as a successor to Deep Blue, who had high hopes Watson would revolutionize healthcare, but like Deep Blue, it was a sort of solution looking for a… Continue reading Don’t beat yourself up for missing out on AI or Nvidia hype

The Daily View, 3/1/2024: Twitter Edition

Item #1: Given that this fact coexists with relatively low obesity rates in Africa, this should serve as a reminder of how unhealthy being fat is and how much medical care has made a difference for the survival of obese people. pic.twitter.com/YzBzitbA4S — Crémieux (@cremieuxrecueil) March 1, 2024 Africa has a higher all-cause mortality, as… Continue reading The Daily View, 3/1/2024: Twitter Edition

Why legacy media is thriving

From the NYTs: How the Media Industry Keeps Losing the Future. I take the opposite view: legacy media has thrived, especially post-Trump, whereas smaller companies are struggling, like Vice Media, which was valued at $4 billion in 2018 and is now worthless. Legacy media is booming due to a fixed supply of established outlets and… Continue reading Why legacy media is thriving

The defection, part 3: The next shoe drops: Google’s Gemini ‘goes woke’

Just two full months into 2024 has witnessed the following: 1. Major plagiarism scandals and resignations at top universities 2. Biden’s age and declining competency becoming a focal issue that can no longer be ignored 3. Boeing and air traffic controller DEI and door malfunction scandals 4. Google’s Gemini ‘goes woke’ to widespread critcism and… Continue reading The defection, part 3: The next shoe drops: Google’s Gemini ‘goes woke’

Efficient Markets and Skill, Part 2: Reading the Future by Decoding Systems

Last week I wrote post reconciling the existence of skilled traders with the efficient market hypothesis (EMH). By far the most skilled trader is someone going by “Fausterion18”, who in his most recent Reddit post (archive.is) “make $1.8M in a single trade and $18 million for the year”. But for the past two years he… Continue reading Efficient Markets and Skill, Part 2: Reading the Future by Decoding Systems

Don’t Talk About HBD?

Shut up About Race and IQ: Why HBD is just white nationalism, by Richard Hanania. This is another Richard Hanania article in which the headline and sub-headline are somewhat misleading. It’s more like, “Don’t talk about HBD if you use it to justify ingroup preferences.” It’s not that he wants people to stop talking about… Continue reading Don’t Talk About HBD?