Since Google Reader went away I lost the easy way to share interesting articles. This post is a place to drop comments with links to interesting articles and things that don't rise to the level of a full post.
The City is not Neutral "Cities are complex adaptive systems—or more accurately, many systems of systems that allow the unique civil, social, and economic conditions that originally drove cities’ development and continue to allow the city to survive as an optimized hub of a large civilization. Like other complex systems, when it is touched, it changes..."
this is how good investment decisions should be evaluated in any era: "executives should link investment and capture more fundamentally and consider the gain in probability-of-win and probability-of-go that each marginal investment dollar can bring"
it doesn't make sense to invest in either something that's a sure win or a sure loss, evaluating on the margin (where can the marginal dollar have the biggest impact on pushing win probability towards 1) is where the smart money should already be
Venturing through the Pandemic "Lockheed Martin Ventures lays claim to the earliest investments, dating back to 2007, though 36 of the 56 companies Lockheed Martin Ventures has invested in have joined the portfolio just since 2016.
Airbus Ventures started investing in 2016 and lists 39 companies in its portfolio, including the space debris-mapping company LeoLabs, which operates radars in Alaska, New Zealand and Texas to track objects in low-Earth orbit.
Boeing established HorizonX Ventures the following year and has invested in 34 startups, including nine in 2020.
The companies usually don’t disclose specific investment amounts for competitive reasons. HorizonX says typical investments in earlier-stage companies range from $1 million to $10 million.
The big three may make investments that are less about a near-term profit, as the executives tell it, and more about advancing technology that could further certain broader strategic goals, either for the corporation itself or for the startups in its portfolio."
"...what makes MMT unique is that it's the only school of thought (should it be even considered as such) to combine calls for not only increased, but unlimited deficit spending with the argument that central banks can print money to pay off these debts without prompting inflation. There is simply no truth to this assertion. In fact, the reality is much the opposite: As interest costs consume increasing portions of revenue, at a certain point, the government cannot afford to borrow any longer. If the government resorts to printing money to pay its debts, inflation will ultimately follow.
In searching for radical theories to advocate radical policies, MMT apologists have inadvertently come to endorse an approach to economic theory that not only flies in the face of decades of economic research and historical precedent, but would be devastating if ever tested. By tempting progressive politicians into endorsing "dangerous" and "obviously indefensible" economic theories, MMT advocates are setting the stage for potentially disastrous policymaking."
Interesting article about applying group testing to pandemic surveillance. I've thought it would be neat to apply to verification testing of complex software.
ReplyDeleteThe Endless Frontier Act
ReplyDeleteSQL for Web Nerds
ReplyDeleteThe City is not Neutral
ReplyDelete"Cities are complex adaptive systems—or more accurately, many systems of systems that allow the unique civil, social, and economic conditions that originally drove cities’ development and continue to allow the city to survive as an optimized hub of a large civilization. Like other complex systems, when it is touched, it changes..."
The Art of Memory: Why It’s Just About the Coolest Thing Ever, and Why You Should Learn It Today
ReplyDeleteSo grateful that I've had awesome, meaningful jobs my whole career. Sad to hear so many folks think their work is BS.
ReplyDeleteOn the Phenomenon of Bullshit Jobs: A Work Rant
How to Make Your Arguments Stronger (Hint: Longer Is Not the Answer)
ReplyDeletedilution effect: "...when you introduce irrelevant or even weak arguments, those weak arguments reduce the weight of your overall argument."
Most Research in Deep Learning is a Total Waste of Time - Jeremy Howard | AI Podcast Clips
ReplyDelete“you get just a whole lot of research which is minor advances in stuff that’s been very highly studied, and has no significant practical impact”
Statistica Consequences of Fat Tails (a rough pre-print)
ReplyDeleteStatistical Consequences of Fat Tails (the book on Amazon)
A college kid’s fake, AI-generated blog fooled tens of thousands. This is how he made it.
ReplyDeleteGPT-3
Language Models are Few Shot Learners
DeleteOnline edition of the The Feynman Lectures on Physics
ReplyDeleteYoutube playlist for The Mechanical Universe videos
ReplyDeleteNational Committee for Fluid Mechanics Films
ReplyDeleteThere's a playlist for all 39 on youtube.
I especially like the ones on vorticity.
Articles on the Vela incident
ReplyDeleteHow Neil Sheehan Got the Pentagon Papers
ReplyDeleteThe U.S. Defense Industry in a New Era
ReplyDeletethis is how good investment decisions should be evaluated in any era: "executives should link investment and capture more fundamentally and consider the gain in probability-of-win and probability-of-go that each marginal investment dollar can bring"
Deleteit doesn't make sense to invest in either something that's a sure win or a sure loss, evaluating on the margin (where can the marginal dollar have the biggest impact on pushing win probability towards 1) is where the smart money should already be
How Reddit and WallStreetBets Blew up GameStops Stock
ReplyDeleteThe Dictatorship of Data< Robert McNamara epitomizes the hyper-rational executive led astray by numbers.
ReplyDelete"one standard deviation closer to God"
DeleteAmerica Spying with the Corona Satellites
ReplyDeletevideo
COVID Information Warfare and the Future of Great Power Competition
ReplyDeleteThe Capitol Riot: Documents You Should Read (Part 1)
ReplyDeleteThe Capitol Riot: Documents You Should Read (Part 2)
"If you can't make up numbers that make it look like you could be successful, why should they believe anything else you said?" chuckle, chuckle
ReplyDeleteErnestine Fu: All You Need to Know About Venture Capital
adult language learning How to learn a language (and stick at it)
ReplyDeletePrinciples and Practice in Second Language Acquisition
DeleteChina Military-Civil Fusion Lexicon
ReplyDeletepdf
Determining How Much Testing is Enough: An Exploration of Progress in the Department of Defense Test and Evaluation Community
ReplyDeleteHow China Sees the International Order: A Lesson from the Chinese Classics
ReplyDeleteChinese Texts Project
DeleteZhu Zhiwu Persuades Qin
The Longer Telegram pdf
DeleteChinese Espionage
ReplyDeleteWhy Computers Won’t Make Themselves Smarter
ReplyDeleteSpeculations Concerning the First Ultraintelligent Machine
Chinese Foreign Policy toward Central Asia and the Silk Roads
ReplyDeleteDecoding the Middle Kingdom
Mackinder’s Nightmare: Part One
ReplyDeleteMackinder’s Nightmare: Part Two
Mackinder, H.J., The geographical pivot of history, The Geographical Journal, Vol. 170, No. 4, December 2004, pp. 298 – 321
DeleteMyths and Realities of China’s Military-Civil Fusion Strategy
ReplyDeleteChina’s disinformation on Xinjiang is political warfare, not diplomacy
ReplyDeleteA Five-factor Asset Pricing Model pdf
ReplyDeleteFive Factor Investing with ETFs
Investing With Leverage (Borrowing to Invest, Leveraged ETFs)
ReplyDelete(video) "proceed with caution"
Life-Cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk
Embedded Leverage
Why Do Most Investors Choose Concentration Over Leverage pdf
Leveraged ETF Rebalancing: An ETFdb.com Guide
Path Dependence of Leveraged ETF Returns
, need on the order of weekly re-balancing
Venturing through the Pandemic
ReplyDelete"Lockheed Martin Ventures lays claim to the earliest investments, dating back to 2007, though 36 of the 56 companies Lockheed Martin Ventures has invested in have joined the portfolio just since 2016.
Airbus Ventures started investing in 2016 and lists 39 companies in its portfolio, including the space debris-mapping company LeoLabs, which operates radars in Alaska, New Zealand and Texas to track objects in low-Earth orbit.
Boeing established HorizonX Ventures the following year and has invested in 34 startups, including nine in 2020.
The companies usually don’t disclose specific investment amounts for competitive reasons. HorizonX says typical investments in earlier-stage companies range from $1 million to $10 million.
The big three may make investments that are less about a near-term profit, as the executives tell it, and more about advancing technology that could further certain broader strategic goals, either for the corporation itself or for the startups in its portfolio."
The Weakness of Modern Monetary Theory
ReplyDeleteThere are theoretical and empirical limits.
"...what makes MMT unique is that it's the only school of thought (should it be even considered as such) to combine calls for not only increased, but unlimited deficit spending with the argument that central banks can print money to pay off these debts without prompting inflation. There is simply no truth to this assertion. In fact, the reality is much the opposite: As interest costs consume increasing portions of revenue, at a certain point, the government cannot afford to borrow any longer. If the government resorts to printing money to pay its debts, inflation will ultimately follow.
DeleteIn searching for radical theories to advocate radical policies, MMT apologists have inadvertently come to endorse an approach to economic theory that not only flies in the face of decades of economic research and historical precedent, but would be devastating if ever tested. By tempting progressive politicians into endorsing "dangerous" and "obviously indefensible" economic theories, MMT advocates are setting the stage for potentially disastrous policymaking."
The Ends of Four Big Inflations
DeleteUnderstanding Modern Monetary Theory Part I
DeleteSouthwest Kiln Conference
ReplyDelete