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...
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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...
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There are a lot of problems with the proposed bailout. Yesterday I described a scenario where the government winds up causing a rise in interest rates and inflation. But it is also possible that this plays itself out in a deflationary way as it did in Japan following their real estate bubble. That could happen if instead of resuming to lend, the financial institutions hord government bonds and the global confidence in the US remains sufficiently strong. The trouble in essence with the plan is that the purchase of securities from financial institutions is a highly indirect way of influencing their lending behavior. That is why it is troubling that Paulson is asking for unfettered authority. Once approved there will be little control even if the program does not work at all or the Treasury decides to pay ever higher prices for assets to try to make it work (“cash for trash”). Seems to me an alternative would have been for the US to use this money to back the banks that can survive with an equity infusion (getting an ownership position and also influence over lending practices of those banks) and to let those too wounded to go on fail.
There are a lot of problems with the proposed bailout. Yesterday I described a scenario where the government winds up causing a rise in interest rates and inflation. But it is also possible that this plays itself out in a deflationary way as it did in Japan following their real estate bubble. That could happen if instead of resuming to lend, the financial institutions hord government bonds and the global confidence in the US remains sufficiently strong. The trouble in essence with the plan is that the purchase of securities from financial institutions is a highly indirect way of influencing their lending behavior. That is why it is troubling that Paulson is asking for unfettered authority. Once approved there will be little control even if the program does not work at all or the Treasury decides to pay ever higher prices for assets to try to make it work (“cash for trash”). Seems to me an alternative would have been for the US to use this money to back the banks that can survive with an equity infusion (getting an ownership position and also influence over lending practices of those banks) and to let those too wounded to go on fail.
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