>300 subscribers
>300 subscribers
Philosophy Mondays: Human-AI Collaboration
Today's Philosophy Monday is an important interlude. I want to reveal that I have not been writing the posts in this series entirely by myself. Instead I have been working with Claude, not just for the graphic illustrations, but also for the text. My method has been to write a rough draft and then ask Claude for improvement suggestions. I will expand this collaboration to other intelligences going forward, including open source models such as Llama and DeepSeek. I will also explore other moda...
Intent-based Collaboration Environments
AI Native IDEs for Code, Engineering, Science
Web3/Crypto: Why Bother?
One thing that keeps surprising me is how quite a few people see absolutely nothing redeeming in web3 (née crypto). Maybe this is their genuine belief. Maybe it is a reaction to the extreme boosterism of some proponents who present web3 as bringing about a libertarian nirvana. From early on I have tried to provide a more rounded perspective, pointing to both the good and the bad that can come from it as in my talks at the Blockstack Summits. Today, however, I want to attempt to provide a coge...
Philosophy Mondays: Human-AI Collaboration
Today's Philosophy Monday is an important interlude. I want to reveal that I have not been writing the posts in this series entirely by myself. Instead I have been working with Claude, not just for the graphic illustrations, but also for the text. My method has been to write a rough draft and then ask Claude for improvement suggestions. I will expand this collaboration to other intelligences going forward, including open source models such as Llama and DeepSeek. I will also explore other moda...
Intent-based Collaboration Environments
AI Native IDEs for Code, Engineering, Science
Web3/Crypto: Why Bother?
One thing that keeps surprising me is how quite a few people see absolutely nothing redeeming in web3 (née crypto). Maybe this is their genuine belief. Maybe it is a reaction to the extreme boosterism of some proponents who present web3 as bringing about a libertarian nirvana. From early on I have tried to provide a more rounded perspective, pointing to both the good and the bad that can come from it as in my talks at the Blockstack Summits. Today, however, I want to attempt to provide a coge...
Share Dialog
Share Dialog
A couple of years ago, I was telling a friend and neighbor (who was working at the New York Fed at the time), that I was concerned about the mountains of debt that were being used in buyouts. My friend was looking into hedge fund leverage for Timothy Geithner and agreed that someone ought to do the same for PE funds, but I don’t think anything ever came of it. My big concern back then was the appearance of a deal structure that struck me as having the wrong incentives. I was also worried that we were piling on too much debt as a nation in general, which would be bad should we hit a hiccup down the line. Well the hiccup has arrived and it is much more than a hiccup. I have started to pull together some data on just how much debt we have and the picture is uglier than I imagined. I am planning to do a series of posts about four major areas of debt, which I have come to think of as the four horsemen of this economic crisis: consumer debt, financial sector debt, corporate debt and government debt. First up will be consumer debt. Everyone knows that American consumers had been on a spending binge the last few years, but the numbers quite staggering and their implications daunting. Details tomorrow.
A couple of years ago, I was telling a friend and neighbor (who was working at the New York Fed at the time), that I was concerned about the mountains of debt that were being used in buyouts. My friend was looking into hedge fund leverage for Timothy Geithner and agreed that someone ought to do the same for PE funds, but I don’t think anything ever came of it. My big concern back then was the appearance of a deal structure that struck me as having the wrong incentives. I was also worried that we were piling on too much debt as a nation in general, which would be bad should we hit a hiccup down the line. Well the hiccup has arrived and it is much more than a hiccup. I have started to pull together some data on just how much debt we have and the picture is uglier than I imagined. I am planning to do a series of posts about four major areas of debt, which I have come to think of as the four horsemen of this economic crisis: consumer debt, financial sector debt, corporate debt and government debt. First up will be consumer debt. Everyone knows that American consumers had been on a spending binge the last few years, but the numbers quite staggering and their implications daunting. Details tomorrow.
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