Will strong AI raise or lower interest rates?
29 March 2024 | 5:07 am

That is the topic of my latest Bloomberg column.  Here is one excerpt: First, as a matter of practice, if there is a true AI boom, or the advent of artificial general intelligence (AGI), the demand for capital expenditures (capex) will be extremely high. Second, as a matter of theory, the productivity of capital is […]

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Be careful what you announce about your expected value maximization
28 March 2024 | 7:00 pm

Judge Kaplan: A man willing to flip a coin as to the continued existence of life on earth. Mr. Bankman-Fried knew that Alameda was spending customer funds on risky investments, political contributions and Bahamas real estate. The funds were not his to use — Inner City Press (@innercitypress) March 28, 2024 That is via Shiraz.  […]

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Thursday assorted links
28 March 2024 | 4:03 pm

1. Why do people still pay mutual fund fees? 2. Open Philanthropy update. 3. Grazie Sophie Christie on marrying an older man. 4. Antidotes to cynicism creep in academia. 5. End of the CFA zone? 6. Bird species uses symbolic gestures.

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