Reminds me of a blogpost about discussions within facebook about supreme importance given to engagement metrics. Then they were replaced with holistic engagement metrics.
Financial Imperialism is the reason why US is rich in terms of resources and because of material richness, lot of raw brainpower is attacted to America. Read the book "Super Imperialism: The Economic Strategy of American Empire" by Michael Hudson.
I think news apps like Groundnews can provide a summary news service so that people aren't afraid of missing things. Breaking news is generally premature, only after a particular amount of time has passed, do we get a better picture.
there is negative stealing or avoiding mistakes done by others. as propounded by Warren Buffet and others. and epitomized by philosophy of being less wrong.
Chamath explains Warren Buffett’s secret to success: “Markets thrive when there's information asymmetry”
“Now I'm gonna get a lot of people really upset with me.”
“This is an example of Warren Buffet's returns pre- and post-Reg FD. Now what do you see?”
“His returns were double the market returns when this kind of information sharing was legal.”
“And the minute that it became illegal and you had to act on the same edge as everybody else, his returns went to the market return. He generated zero alpha. In fact, he probably, on the margins, lost a little bit.”
“So this is the single best investor in the world. This is what happens when you have information symmetry.”
“So it's just meant to explain that markets thrive when there's asymmetry. Billions and billions of dollars will be made in asymmetry.”
“The prediction markets today, unless they are regulated out of existence or shut down, will look like the stock market pre-Reg FD, and there's nothing we can do except choose not to bet it, because otherwise what you're going to have are a ton of sharps taking advantage of a ton of squares.”
> Also, who hasn't worked at a company that produced a product and then abandoned it? I feel like that has happened often to me - many years of effort for nothing. It's not fraud exactly but it represents almost the same thing other than the intention.
You can look at it this way. It trained you to be a better developer. So you got paid to learn and solve problems which developed skills will be used somewhere else.
People don't make their own bread. They buy it from an expert.
But bread shops are available on every corner. Will software jobs become as common as bread shops? If yes, what happens to the salaries? Something to think about.
> LLMs routinely fail at our business specifics: Local tax regulations, particularities of the accounting process, specifics of our ledger implementations.
Would a skill which forces you and LLM to reach a shared understanding of the product features and the regulations those features are supposed to capture be of help here? The main idea is we provide documents to the LLM and it asks lot of questions which clear ambiguity and possible misconceptions the LLM might have. I would suggest please take a look at skills. They are really helpful.
> I always remember of the infamous Steve Jobs quote "Ideas are cheap". If execution is everything, and frontier LLMs solve execution, then ideas are the gateway to abundance now, but abundance alone does not guarantee "stickiness".
> I think a great example of what probably will happen is found in Suno, the AI Music thing. I don't know if y'all have tried it, but it now produces really good stuff. What's happening there? A lot of people play with their own little universe and get tired quickly, move away from it, and only a few prolific creators stay and turn it into a "job like" environment.
Sturgeon's law states, "Ninety percent of everything is crap". The adage was coined by American science fiction author and critic Theodore Sturgeon while defending the merits of the genre. Sturgeon observed that most works in any field were low quality. Therefore, science fiction was not uniquely inferior.