akiselev

The EIC's first mint was operational in 1643, long before it became a quasi-state. It started to become a quasi-government more than a century later, when it started raising its first major army in the 1750s culminating in the Battle of Plassey and didn't really have the resources to fully become one until the diwani in 1765.

You don't need a government backed paper currency, you need a mint making precious metal coins. History has several examples like the mints at the Potosí silver mines or those by the East India Company that enabled trade without effective governments to back them up by just providing reliable coinage that spread to many other polities.

As long as there isn't some crazy inflationary force like colonizers arriving with an unlimited supply, we can use something as simple as beads or seashells for currency quite fine. It just means more labor overhead to create that currency in the first place.

> FWIW - Computer vision is also NP complete, but we do that all the time now.

I have no idea what you mean by this. What's your definition of NP complete?

You and everyone else. That's the great mystery of transformer architectures as applied to language.

To be clear though, they're only good at schematic capture, which is very much a textual representation. Most of the data basically boils down to netlists, which are a text based format mapping connections between abstract pins that only later map to physical copper. The actual schematic portion is for human consumption and LLMs don't need to produce those to be useful.

Where LLMs completely break down is the next step, PCB routing. That's an NP-complete research problem that's been ongoing for decades without much progress. I've had some fun playing with using LLMs to better specify DRC rules in Altium so that the "classical" algorithms are more usable, but at the end of the day their geometric intuition is nonexistent.