“Medicare’s prescription drug benefit as-if-randomly assigns 65-year-olds a drug budget as a function of their birth month, beyond which out-of-pocket costs suddenly increase. Those facing smaller budgets consume fewer drugs and die more: 0.0164 percentage points per month (13.9%) for […]
“This sequence of events illustrates how the AI arms race is making geopolitical divides simultaneously more fraught and simpler. In its quest to defend US companies’ IP and prevent China from accessing the most advanced capabilities, the US government is […]
Human forecasting accuracy gets much better when aggregating predictions from a lot of individuals. LLMs are especially bad forecasters compared to these human crowds. But what about crowds of LLMs? “Our finding opens the door for simple, practically applicable steps […]
He was an early investor in Twitter and Tumblr, and always seems to be a bit ahead of the rest of us on digital publishing innovation. He migrated his long-running personal blog to the blockchain and isn’t looking back. ~ […]
For that juicy bit, start at 35:30. The other part of this video that stood out to me was his description of the hardware that they sell. Specifically the point that to call it a “chip” misleads by association, because […]
This is a fun story about science and scientists. It ends with an interesting quote from science historian John Heilbron: “The myth you slay today may contain a truth you need tomorrow.” ~ learn more
Founder Jim Simons passed away this week, shortly after I finished listening to Acquired’s 3-hour review of the impressive investment firm he built. “RenTec’s alchemic colossus has posted annual returns in the firm’s flagship Medallion Fund of 68% gross and […]
Allison Sinclair has an extreme clinical level of prosopagnosia, face blindness. “Why, just this week I found out that the friendly strawberry blonde woman at work is not one person but two. No wonder our ongoing conversations get confusing!” ~ […]
“Although he sometimes pretended to be a hard-core reductionist, AI visionary Marvin Minsky was actually a scientific romantic, for whom the quest for knowledge mattered more than the knowledge itself.” ~ learn more
“Wherever you come down, Dan Loeb is worthy of study. Over the past 26 years, he has turned $3.3 million in start-up capital into a hedge fund with more than $20 billion. He personally pioneered a new era of activist […]