Nobody knows and it can turn at any point. But the market encapsulates current knowledge better than an average “expert.”
@naval
-
Markets Vote Independently Unlike Herding Mobs
By
–
Markets are different than mobs. Markets are each participant voting independently and in secret, with skin in the game. Mobs just herd. Opposites.
-
East Asian Cooperative Cities Versus Western Competitive Urban Models
By
–
East Asian cities are co-op, Western cities are PvP.
-
Autists and Obsessives Make the Internet Great
By
–
What makes the Internet great is the autists and the obsessives.
-
Tariffs as Consumption Tax and Production Subsidy
By
–
A tariff is both a consumption tax and a production subsidy.
-
Capitalism Strips Products to Their Platonic Ideal
By
–
Capitalism relentlessly shaves every product down to its platonic ideal.
-
Global Access to AI-Driven Medicine: Cost and Timeline Questions
By
–
How long until the rest of the world starts paying for new medicine?
-
Drones Transform Infantry Warfare Like Muskets Did Knights
By
–
Drones are to infantry as muskets were to knights.