FT: “Just the act of being a reader in a crowd of commuters gives me a sense of having and taking my time. As the editor and writer Anika Burgess noted in a 2021 essay in The New York Times, “Even in the busiest of places, if you have a good book, you can retreat into solitude.” I used to be the kind of reader who preferred to read only in libraries or nooks at home, ideally with a cat spread out over my feet (and, less ideally, over the pages of the book I was trying to read). But over time, I’ve begun to love reading while roaming — finding a quiet spot in the middle of the Frankfurt Book Fair bustle, in New York’s Central Park or on Mumbai’s Marine Drive as runners and chaat-eating families pass by…Only one rule is set in stone: do not interrupt a reader, just because they’re in a public space. You may surreptitiously note the title of a promising book, but asking “So, what’s it about?” is a minor act of cruelty. Leave them in peace.”
Adam Selipsky: “Generative AI is going to be a foundational set of technologies for years, maybe decades to come. And nobody knows if the winning technologies have even been invented yet or if the winning companies have even been formed yet. So what customers need is choice. They need to be able to experiment. There will not be one model to rule them all. That is a preposterous proposition….The most likely scenario — given that there are thousands or maybe tens of thousands of different applications and use cases for generative AI — is that there will be multiple winners. Again, if you think of the internet, there’s not one winner in the internet. Lots of folks have said that generative AI is perhaps the most important technological advance in this era since the internet. If you go down that road, then you ask yourself: “Was there one winner in the internet?” And the answer is usually no. The most reasonable hypothesis is that there would not be a single winner here. There’d be multiple use cases across a myriad of customers requiring more than one solution.”
Paul Krugman: “Will China be the next Japan? There are some obvious similarities between China now and Japan in 1990. China has a wildly unbalanced economy, with too little consumer demand, kept afloat only by a hypertrophied real estate sector, and its working-age population is declining. Unlike Japan in 1990, most of the Chinese economy is still well behind the technological frontier, so it should have better prospects for rapid productivity growth, but there are growing concerns that China may have fallen into the “middle-income trap” that seems to afflict many emerging economies, which grow rapidly but only up to a point, then stall out. Yet if China is headed for an economic slowdown, the interesting question is whether it can replicate Japan’s social cohesion — its ability to manage slower growth without mass suffering or social instability. I am very definitely not a China expert, but is there any indication that China, especially under an erratic authoritarian regime, is capable of pulling this off? Note that China already has much higher youth unemployment than Japan ever did. So, no, China isn’t likely to be the next Japan, economically speaking. It’s probably going to be worse.”
Vitalik: “One of the trickier, but potentially one of the most valuable, gadgets that people in the Ethereum community have been trying to build is a decentralized proof-of-personhood solution. Proof of personhood, aka the “unique-human problem”, is a limited form of real-world identity that asserts that a given registered account is controlled by a real person (and a different real person from every other registered account), ideally without revealing which real person it is…More recently, we have seen the rise of a much larger and more ambitious proof-of-personhood project: Worldcoin…The simplest way to define a proof-of-personhood system is: it creates a list of public keys where the system guarantees that each key is controlled by a unique human. In other words, if you’re a human, you can put one key on the list, but you can’t put two keys on the list, and if you’re a bot you can’t put any keys on the list.”