Sublime
An inspiration engine for ideas
Elemental gold approximates what Nick Szabo called unforgeable costliness. Brilliantly anticipating contemporary pushback against “wasteful” Bitcoin mining, in Shelling Out, Szabo explains, At first, the production of a commodity simply because it is costly seems quite wasteful. However, the unforgeably costly commodity repeatedly adds value by ena
... See moreSacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
crime prediction software made by PredPol, a Big Data start-up based
Cathy O'Neil • Weapons of Math Destruction
Perhaps the most formidable new player is Hashgraph
George Gilder • Life After Google
William Poundstone • Priceless: The Myth of Fair Value (and How to Take Advantage of It)
Instead, we see the opposite—more evidence of diminishing returns to violence—which strongly implies that large conglomerations like the nation-state will no longer justify their huge overhead costs.
James Dale Davidson, Lord William Rees-Mogg • The Sovereign Individual: Mastering the Transition to the Information Age
But if entire nations can be seized by manias—recall Germany in the 1930s—why should we assume that people will always behave rationally when they invest their money?
Eugene Linden • The Mind of Wall Street: A Legendary Financier on the Perils of Greed and the Mysteries of the Market
Indeed, because of Super Crunching, firms sometimes may be able to make more accurate predictions about how you’ll behave than you could ever make yourself.