mshumi

I think the most interesting thing about making AI to serve human interests is that ultimately the system of AI (foundation model + infrastructure + energy) should resemble a human system.

Well done, this is a really cool approach to leveraging ChatGPT. Messing around with it locally now

I think this article is particularly relevant after SVB. Also the large interest rate differential on most American checking accounts vs FFR.

Buffer of batteries and generator backup

To encode NOT something takes one more bit than encoding something.

Zero real rate of return. If bonds have a negative real rate of return and stocks have a RISK-ADJUSTED negative real rate of return, then gold or more generally commodities are a better option.

Judging by the lack of a market reaction this morning, this is mostly immaterial.

Take this line of reasoning further and you reveal the problem with crypto to crypto taxation.

BTC Ledger =/= BTC consensus. If the protocol can be made pure proof of stake while maintaining the same availability and security guarantees this is no longer an issue. However, this is against the best interest of miners.

Unfortunately, aerospace isn't an industry where you can say "fuck it, ship it"

In many of these discussions why do we always refer to government as an abstract "they", why is it never "we or us". I think we've lost a connection between services provided by government for the public good and the means to pay-in for those services. Historically you paid taxes in real value (grains or gold) in exchange for protection, enforcement of property rights, and public goods. We do the same today, but the current state of income taxation seems wildly disconnected from value provided by government. Personal opinion is that LVT, VAT, excise taxes, and taxation in equity is a better way to link equitable distribution of real value to benefits.

We could easily solve this BTC problem by hard forking to a pure proof of stake consensus protocol for BTC. Same security and decentralization guarantees. No environmental harm, and far more scalable so you can actually buy coffee with it. Ofc that's against the best interests of miners and BTC core devs.