tech, startups, internet

High-speed humanoid robot hands in action.

This link offers both a video of the robot in action (autonomously) and of researcher Suzanne Gildert explaining the technology. “When you train on data coming from hands, you find that all hand movements are combinations of these basic movements […]

tech, startups, internet

The unit economics of AI.

“If you’ve already put two and two together, you understand this: the cost of knowledge work has just decreased by orders of magnitude. Why? The floor has dropped out on the price of information.” ~ learn more

tech, startups, internet

Asset-light software businesses.

“With all of these changes, nirvana is near: software as a variable cost business. No longer does a new software business need to default to developers, sales reps, or customer success managers to reliably generate cash flow at scale. Every […]

tech, startups, internet

A quant winter’s tale.

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 […]

tech, startups, internet

Entropy theory.

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 […]