Average loss ratio. Some sectors are higher risk than others. For the past couple of decades, for example, social media has been particularly challenging, with Meta acquiring or suffocating insurgents. If the sector you operate in has a high loss ratio, you may want greater diversification.
What I’d like to consider instead is the possibility of a “Relig-ish” revival, where “Relig-ish” is understood as a system of meaning developed for a secular, tech-empowered world, one that can also sit parallel to existing religions.
One of John von Neumann's absurdly varied contributions to human knowledge was the idea of a technological singularity, i.e. a point at which advances in technology and economic growth happen at such a fast pace that prediction is impossible. This doesn't mean it's the end of history, and in fact... See more
He thought about space the way he thought about mathematics or analytic philosophy or the Torah or Mozart’s twentieth piano concerto, which he sometimes played at night when my sister and I were going to bed. It was beautiful and complex and infinite, and how could you not want to explore that, know where it came from, know where we came from?
Cosmic optimism changes this by encouraging truly interdisciplinary approaches that blend hard sciences with philosophy, arts, and contemplative practices. It grows its deeply felt optimism about human potential and technological progress, but redefines the current understanding of what is ‘progress’. Rather than limiting progress to mean the... See more