AI: The Good, the Bad and the…Woah
The good news about AI is there will be productive uses. The bad news is it will take 5 to 10 years to sort…
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AI: False Savior of a Hollowed-Out Economy
The real story of the US economy isn’t about AI, it’s about an economy that’s run out of rope. AI is being hyped not…
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Our Mafioso Economy
And scene: here are the dons, each the ruthless head of their own vast organization, seated next to their wives in a show of…
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What’s on Your “Reverse Bucket List”?
A bucket list is an itemized list of goals–experiences or achievements–that we want to accomplish before we “kick the bucket”–i.e. die. In the conventional…
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How Great Powers Fall Apart
How do great powers come undone? We can start with a destructive force without equal: self-delusion. Emperor Norton comes to mind in this context….
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AI Is a Mirror in Which We See Our Reflection
Attention has been riveted on what AI can do for the three years since the unveiling of ChatGPT, but very little attention has been…
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Two Charts of Extremely Perverse Incentives
Warren Buffett’s partner Charlie Munger had a maxim: Show me the incentives, and I’ll show you the outcome. With that in mind, let’s look…
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If It Walks Like a Duck: Is The AI Mania a Psych-Ops?
Before you scream, “Oh no, not again–could somebody please take off his tin-foil hat?”, hear me out. Let’s do a thought experiment exploring this…
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I Apologize For Failing All Your Litmus Tests
I want to apologize to everyone whose litmus tests I failed. As a non-partisan, non-ideological observer, I fail every tribe’s litmus tests. I may…