if ppl used ai to not be retards then the system is fked
The chief economist at Apollo is warning that mass adoption of AI agents could trigger a bank run as they optimize user investments. Gary Gensler spent his last few years as SEC chair warning that the exact same problem will hit the markets: the pursuit of algorithmic perfection at scale destroys system stability. Personal-finance agents making simultaneous optimal decisions could potentially cause a massive flash crash.
Agent acausal coordination, with no messages passed between them, will show up in a lot of places. Markets will get the big headlines, but huge numbers of clever advisors making very similar choices will impact all of human society. Capability gains make this worse, not better. The smarter the agents, the narrower the optimal path; and knowing that other agents see that exact same path lets them move together without talking to each other. Agents do not need to collude to act in unison. Thus, they break no human laws by doing so. Human laws were not written for this. They were not written for a lot of what is coming, and it is about to start happening very fast.
thoughts on using a literal pyramid to describe the financial engineering in strategy's corporate structure
mstr is simply a pve leverage play on btc. everyone can get liquidated and thats by design
MicroStrategy $MSTR will crash in a spectacular fashion if Saylor does not change course.
Here is why. A thread 1/21 🧵
The similarities with Terra Luna are deeply concerning. Bookmark this!
difference is that agi will make the world either a 1 or a 0 - there will either be a productivity supercycle or the world will be dust very shortly
optimal strategy changes to agreeing to draw before the first chess piece moves, then moving on to the next game rinse and repeat. why waste time to grind that extra point
1. ppp (price per point) = % token supply airdropped * FDV at launch / 100m points
2. spend 3e on keys to get 20 points
3. generational wealth accumulation 🤝
bondage gensler best gensler
gud mornin frens
partnering with good people at @overHere_gg for my next release
should be a banger with cool mechanics
stay tuned 🤍
When we run out of good training data in reality, simulation is the next gold mine.
Enters Infinigen: an open-source, procedurally generated, photorealistic dataset for 3D vision. The quality is stunning! No two worlds are the same.
▸ Every little detail is randomized and customizable, even the wrinkles on a flower petal!
▸ Diverse objects & scenes in the natural world: plants, animals, terrains; fire, cloud, rain, and snow.
▸ Groundtruth automatic annotations: optical flow, 3D scene flow, depth, surface normals, panoptic segmentation, occlusion boundaries.
▸ Written in Blender.
Made by @jiadeng's lab at Princeton:
▸ Website: infinigen.org/
▸ Code: github.com/princeton-vl/infi…
▸ Paper: arxiv.org/abs/2306.09310
founders can be vectorized as magnitude (energy) + direction. green = good, red = bad, orange = triple zero roulette
very much agree - identify your exit liquidity before they identify you
in the age of agi proof of personhood can only be solved by cryptographically barcoding babies in airgapped militarised bunkers as they're born. there is no second best.
What has OpenAI CEO Sam Altman been doing on the side?
Answer: trying to raise $100 MILLION in VC funding for his crypto startup Worldcoin @worldnetwork
Let's dive in 🧵
captivating, riveting, polygomous - token sutra exposes market makers devious positions with no holds barred. an audacious, mind blowing journey into the future of france. 6/9 stars
Crypto market makers raked in 9 figures using tactics from a secretive, ancient text.
Introducing "The Token Sutra: 101 Positions For Market Makers To F*ck You"
After months of research and translation, here's what we uncovered. 🧵
mirror.xyz/0x7d2CeC516F5FaBe…
ALT The Token Sutra: Estimated to have been written in 2nd Century BC, the text was discovered during a law enforcement raid of the Alameda offices in late 2022.
1. stablecoins need to be backed with something of value
2. non-zero probability of dedollarisation of the usd
3. back with eth blockspace
4. wealth
After EIP-1559, ETH blockspace has skyrocketed in value.
Imagine tapping into the previously untapped Ethereum blockspace market with a stablecoin that serves more than just its traditional function.
Dinero by @redactedcartel is making it happen.
teapaw.org/redactedcartel/status/…
nfts are just a data structure that represents onchain uniqueness. certain things they represent don't need tokens but for others it can make sense. plus it's the easiest way to keep the ponzi going. promise token, promise tokens within tokens. mix tokens, breed tokens. wealth.
