This might include the best explanation of factor investing I’ve seen yet. “If you throw a rock anywhere in AQR’s surprisingly dowdy headquarters in Greenwich, chances are high you’ll hit a University of Chicago graduate, and at least decent that […]
Several years ago Packy McCormick explained his theory of industry: “Entropy Theory explains industry evolution as a story of ever-increasing chaos and suggests that the most successful businesses are those that use the latest technology to wrangle that chaos, until […]
“It’s possible to make fake videos of politicians that will fool some people, at least some of the time. But a disproportionate share of this content will be consumed by people who have already made up their minds. Platforms are […]
Rob May predicts that bots will become the default collectors of information, which could suck for us because they never tire and have no shame. Will we be inundated with non-stop requests to benefit the AI models more than ourselves? ~ learn […]
From Ben Thompson of Stratechery. My takeaways are that it’s an absolutely incredible personal entertainment device, yet hostile to both guest users and productivity work that requires more than one app. ~ learn more
“Despite Facebook hiring several law firms to defend their case, Soldati, representing himself, was able to successfully argue Meta/Facebook committed a breach of contract and that they were not immune under the Communications Decency Act. Soldati argued that by deleting […]
“Small-language models are coming. The consensus within the data ecosystem is that many will start with more expensive large-language models which are robust to many types of questions, but perhaps too expensive to run for most applications at scale.” ~ learn more
Rob May looks somewhat far into the future (I think?) and comes up with an interesting scenario to consider. “Once this happens, you can see an economy growing among agents. Agents that collect unique interactions and data sets will sell […]
The premise is that major technology not only changes products, it also changes org charts. The post’s author Ethan Mollick draws analogy to the railroads of 1855. “I am not sure who said it first, but there are only two […]
“Our 2023 survey revealed that much has changed in this dynamic sector in the past two years: regional expectations are shifting, timelines for autonomous-vehicle development are extending, and needed investments are increasing.” ~ learn more