The tradeoff between cost of borrowing and how much interest rate risk taxpayers shoulder should be squarely on the shoulders of the politically-accountable Treasury not the independent Fed.
Rather than treat AI as similar to airplanes, we should treat it as something between airplanes and humans. We don’t know exactly where on this spectrum they will land, but we can no longer be certain that AI will lack any given humanlike motivation.
I think that if you imagine this spectrum, it seems in some ways pretty scary to get to a point where like all of the labor is on the like fiduciary side of the spectrum where like it doesn't whistleblow, it does exactly what you say and whatever like our society is maybe just not robust to that
Whereas aerobic exercise on that kind of intensity spectrum we just talked about seems to particularly benefit the gray matter which includes the hippocampus. Resistance training seems to particularly benefit the white matter.
my sense is that these complex traits have not pushed in one direction because there's advantage there's spectrums where there's advantages to both ends of the spectrum
Ensuring that moving, borrowing, and sharing don't break the illusion is surprisingly easy to do with a static type system, and surprisingly hard to do with a dynamic type system, or at least hard to do cheaply.
leadership and consensus are two sides of the same spectrum. Like they don't intersect at all. It's like every time consensus makes a decision, it's the absence of leadership.
A series of autobiographical essays exploring wandering, uncertainty, memory, desire, and place—embracing the unknown as a gateway to self-transcendence.
Since inflation is not primarily driven by private-sector lending in the current environment, making borrowing more expensive will not significantly cool the economy.
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