But I think that if it’s true that AI does more of the basic work that humans do, more people will work in Flounder Mode. We will have the luxury of following our curiosity, and curiosity is something that the LLMs seem to lack. It’s human.
Market Selection in Vertical Integration
If you were to ask what sunk Convoy, it ultimately boils down to an over-dependence on the digital freight matching software they pioneered with a corresponding inattention to the operational parts of the brokerage that were really low margin. Technology isn’t a panacea for operational excellence. Every... See more
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
because you want to be long optionality into increasing volatility, for example. There was going to be something about writing fewer, deeper pieces, and about leaving room to experiment.