Tag: economics
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Maybe "is AI a bubble?" is the wrong question
Emile Silvis asks 'is AI a bubble?' and delivers a concise and balanced view of the key factors - clocks, in this case - that impact the related question, 'do the cash flows arrive before the financing patience runs out?'. There are no answers here, but I've been watching those clocks and they smell like tulips to me... 🌷
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Is AI Profitable Yet?
No surprises from this website, but it's interesting/staggering to see quite how LARGE the disparity between spending and profit is for some of these companies.
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The real (economic) AI apocalypse is nigh
Cory Doctorow paints a bleak picture of the future world economy in the aftermath of the bursting of the AI bubble. I agree that we're in a bubble, but I'm slightly more-optimistic that we can survive it without a total economic catastrophe.
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Mathematics of Mid-Journey Refuelling
Dan uses the Secretary Problem to work out which filling station to pull over at for the cheapest fuel on a long journey.
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What can board game strategy tell us about the future of the car wash?
Factory Manager is one of Dan's favourite board games. Can it explain why there's no longer a car wash at your local filling station?
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An Honest Stock Market Update
NEW YORK -- Stocks gained momentum on Monday, with the Dow Jones Industrial Average closing up 48 points, reversing losses from last week's decline.
Experts hailed both moves as a "remarkable, textbook example of pure statistical chance," chalking up Monday's gains to a couple random marginal buyers being slightly more motivated than a few random marginal sellers.
"Imagine … -
Solar Power, part 1
Solar power is awesome. That's why Dan looked at the roof of the house he co-owns with Ruth and JTA and said, "You know what this needs - solar panels."
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Buying a House, Part 3
In the third blog post in this series, Dan, Ruth and JTA acquire some lawyers, fill out a mortgage application, and discover that the house that they've been looking at is built on an Indian Burial Ground! No, wait, scratch that last thing.
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Pay To Post
Facebook is to introduce a new feature that will allow you to pay to "promote" your posts above those of your friends' other friends. Dan is reminded of Hashcash.