Strategic Wealth Accumulation Under Transformative AI Expectations
Abstract:This paper analyzes how expectations of Transformative AI (TAI) affect current economic behavior by introducing a novel mechanism where automation redirects labor income from workers to those controlling AI systems, with the share of automated labor controlled by each household depending on their wealth at the time of invention. Using a modified neoclassical growth model […]
California Nominates Steve Jobs for Its American Innovation $1 Coin
Feb 19, 2025 What you need to know: Steve Jobs, a visionary of global scale, has been nominated to represent California on the American Innovation Coin. The coin, which will be minted by the U.S. Mint, highlights U.S. innovations and innovators, including California’s legacy as a global hub of innovation. Sacramento, California – For California’s […]
SEAL Advisory on DPRK Threat to Crypto Exchanges
Less than 12 hours ago, DPRK operatives stole over US$1.5 billion in Ethereum from Bybit. This is an order of magnitude larger than their previous theft of over US$70 million from Phemex earlier this year, and equivalent to the cumulative amount stolen by DPRK throughout all of 2024. Although the forensics investigation is not yet […]
Who needs a sneaker bot when AI can hallucinate a win for you?
Every February we see a big spike in retailers running sneaker launches on EQL to coincide with the 2025 NBA All-Star Weekend. This year, the festivities kicked off a little earlier than normal, courtesy of Jordan Brand, who have been getting serious about getting back their mojo and dropping some serious heat in the process. […]
Start a Computer Club in the Place That You Live
START A COMPUTER CLUB CHOOSE YOUR LANGUAGE: ,—————————, | /——————— | | | LASTA NOVAĴO: | | | | VI DEVUS ESTABLI | | | | KOMPUTILAN KLUBON | | | | EN LA LOKO, | | | | KIE VI LOĜAS | | | _____________________/ | |___________________________| ,—_____ [] _______/——, / /______________ /| /___________________________________ […]
Fast Cash vs. Slow Equity
One mistake I’ve made in entrepreneurship is not understanding the difference between “cash businesses” and “equity businesses.” A cash business is like an ATM. It spits out money reliably, often immediately, but may have limited long-term value. You might replace your salary quite quickly with a cash business, but it’s often easier to compete with […]
We the Builders
Blog Real stories from federal employees. Who We Are For decades, we’ve done our jobs in the background. We made it easier to file taxes, get veterans’ benefits, and apply for financial aid. During times of crisis, we helped refugees navigate immigration processes, helped everyone find vaccines, and helped parents find baby formula. Along the […]
20 years working on the same software product
I released version 1 of my table seating planning software, PerfectTablePlan, in February 2005. 20 years ago this month. It was a different world. A world of Windows, shareware and CDs. A lot has changed since then, but PerfectTablePlan is now at version 7 and still going strong. PerfectTablePlan v1 PerfectTablePlan v7 I have released […]
Sparse Voxels Rasterization: Real-Time High-Fidelity Radiance Field Rendering
Our scene representation is a hybrid of primitive and volumetric model. (a) Primitive component. We explicitly allocate voxels primitives to cover different scene level-of-details under an Octree layout. Note that we do not replicate a traditional Octree data structure with parent-child pointers or linear Octree. We only keep voxels at the Octree leaf nodes without […]
On Zero Sum Games (The Informational Meta-Game)
These are my thoughts on zero sum games. From poker to quant trading. Zero-sum games are fundamentally informational contests. The GTO (unexploitable) strategy is often suboptimal in practice because it is either unimplementable or even unknown and assumes everyone else is playing optimally. The GTO strategy is not maximally exploitative it is minimally exploited. In […]