As a general rule I'd argue a basic principle of justice should be:

If a law is so vague or complex that it requires a court to interpret whether it has been broken or not it shouldn't be enforcible

The principle of good laws should be that normal people can understand them

The issue is this is very concentrated returns

Meaning LVMH etc have high margins which mostly accrue to a very small share of owners

Vs technology companies where they employ a lot of high paid workers resulting in broader wealth distribution within a society

In short France

The US entrepreneurial dynamism is unrivaled and highly competitive

US bureaucracy is not

Chinese market share victories over the US will be because of the failure of the later not the former therefore all US competitive hope lies in dismantling the rent seeking state

The recent wealth tax increase in Norway was expected to bring an additional $146M in yearly tax revenue

Instead, an estimated $54B-worth of ultra-rich left the country, leading to a lost $594M in yearly wealth tax revenue

A net decrease of $448M+

(sources and calculations ↓)

Likely the greatest risk of all governments is corruption

The failure of fiat is how it gradually enables that corruption

Credit scores shouldn't be a tool for people they should be a tool for lenders

The objective should be not to have people borrow for consumption vs making it easier for them to do so.

Much better to allow people to go bankrupt on student loan debt just like other debt

I tend to agree with Yann on the first two points. Superintelligence won't be an event & we aren't very close

His next point about developing it gradually with guard rails strikes me as deeply wishful thinking

Part of the issue with intelligence is it's complex and by nature

I always find it incredibly strange that protons can become neutrons and vice versa...

That one type of particle or sub atomic particle can become another

It's almost like was it really that thing to begin with or was it just behaving as that thing and if only behaving at it

Well this is interesting...

Andriy Burkov Science is not peer reviewed. Peer review has become a pretty deranged process.

Science isn't a result it is a process. That process doesn't require academia, doesn't require peer review, doesn't require papers at all.

It is the process of wondering at how the world works,

If you want to understand Asian geopolitics today, this is an absolute must-watch.

This is George Yeo, who was a Singaporean cabinet minister during 21 years, including Minister for Foreign Affairs during 7 years. In my humble opinion, very few people out there have such a

I have mixed feelings on this.

Where you are born is one of the greatest injustices in the world right now far greater than racism or sexism or whatever else it is people are upset by these days.

This is compounded by the concept of citizenship as being born with the wrong

I've heard these arguments for quite a while. Sadly, this article stops at the most interesting analysis...

How big would a building need to be to hold everyone on earth with sufficient living space? After all a building that would hold everyone packed together with standing

7) Mental game

If you focus on the result, you're focusing on the wrong thing.

You should focus on making the best possible decisions.

And that doesn't mean you automatically win, it just means you're doing your best.

The distribution of wins and losses is random.

Ethereum ETFs approved, which applications will be next?

I keep hearing these statements from people that China just copies, they make cheap Shit, etc

Outdated beliefs. They lead in many of the most important fields today and are rising in others

I personally think this is well needed mainly because you need an alternative to the Appstore monopolies held especially by Apple but also by Google

If you can't choose what software to have on your device how much freedom do you really have?

I've always been super skeptical of how they measure productivity. It's this failure to question base data (happiness, productivity, inflation, etc) at the measurement level that I think leads to a lot of issues

For example, productivity is often measured by GDP per hour worked

This is historical misstatement

It ignores the much more challenging question. How did a middle class develop in the first place when it is a historical abnormality?

Gold has been used as money directly or indirectly through many periods of history and yet there was no

Based on some replies in the comments I think people do surface analysis on these things and fail to consider second and third order long term effects

For example, people behave differently when they know something will end vs when it will not

First generations will behave