The debt "crisis" is fake.
GDP: $29T
Public debt: $37T
Deficit: $1.8T
Total household wealth: $170T (!)
Tax/GDP all levels: 26% (among the lowest in world)evolvingego.com/courses/CMCW/c…Joined November 2016
If Plato says human meaning-makers live in a cave, then LLMs live in a cave inside that cave.
Humans are inside Plato’s cave, seeing shadows on the wall: conceptual meanings projected from the much richer social game of giving and asking for reasons.
LLMs see a further…
Call it Anti-Industrial Policy: we need policies to nudge Americans to own and operate more little public-facing businesses. Speciality shops. Six-seater bars. Esoteric services. Restaurants serving two or three dishes. It would lower productivity and increase quality of life.
Financial markets are a special case of Brandomian semantic markets where the meanings at stake are future price movements.
Reasons are our natural currency. Money is a stylized form of reasons. Trading is a stylized form of reasoning together.
This is why prediction markets…
Adoption of a new-to-you ideology is often driven by compression progress (high cognitive returns on investment). Subsequent commitment to the ideology is often a matter of sunk-cost thinking.
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