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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During the 2008 crisis, I argued that we should take over the big banks and restructure them. Instead, we bailed out the banks with tax payer money and with an unprecedented increase in the Fed’s balance sheet. We did nothing to get rid of banks that are “too big to fail” or to severely restrict their activities (which might lead them to break themselves up).
So yesterday, JP Morgan Chase had to announce a $2 Billion trading loss from what they claim was a hedge gone wrong in Credit Derivatives but looks awfully like rogue trading activity. This particular error may be one the bank can absorb but I don’t understand why we would let this go on until we are at another crisis that can only be resolved by a government bailout.
It will be interesting to see how this issue makes its way into the upcoming presidential election campaign here in the US. While I have been disappointed with many aspects of President Obama’s first time I hope he makes this a part of his agenda going forward and in a second term would actually do something about it. His support for gay marriage is a welcome sign of what might be a more principled stand (hope springs eternal).
During the 2008 crisis, I argued that we should take over the big banks and restructure them. Instead, we bailed out the banks with tax payer money and with an unprecedented increase in the Fed’s balance sheet. We did nothing to get rid of banks that are “too big to fail” or to severely restrict their activities (which might lead them to break themselves up).
So yesterday, JP Morgan Chase had to announce a $2 Billion trading loss from what they claim was a hedge gone wrong in Credit Derivatives but looks awfully like rogue trading activity. This particular error may be one the bank can absorb but I don’t understand why we would let this go on until we are at another crisis that can only be resolved by a government bailout.
It will be interesting to see how this issue makes its way into the upcoming presidential election campaign here in the US. While I have been disappointed with many aspects of President Obama’s first time I hope he makes this a part of his agenda going forward and in a second term would actually do something about it. His support for gay marriage is a welcome sign of what might be a more principled stand (hope springs eternal).
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