You can’t guarantee some banks and not guarantee others.
@naval
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Government Guarantees Required for New AI Environment
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Not guaranteed in the new environment until the government says it is.
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Fed Regulatory Lines: AI Compliance Uncertainty
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Why? Until they draw a line, do you know exactly where the Fed will draw a line? Why take a chance?
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Banking Crisis Risk: Massive Treasury Flight If Deposits Lose Money
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If businesses lose money on deposit, then every business in the country will move all cash above $250K into Treasuries and we’ll have a system-wide bank run at Twitter speed. They’ll tell their banker, “the only counterparty I want is the US Treasury.”
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JP Morgan Banking Consolidation Wake Up Call Monday
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Yes, that’s my guess. Wake up Monday morning to find out you’re banking with JP Morgan.
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GPT’s Ascension Hype Claims Greatly Overstated
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Rumors of GPT’s ascension have been greatly exaggerated.
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Innovation Versus Regulation: The Eternal Struggle
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The timeless struggle between the people building new things and the people trying to stop them…
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Founder Heuristic: Would You Use Your Own Product?
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A good heuristic for founders – if it wasn’t your product, would you still use it?
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Copyright Law Fundamentally Incompatible With Large Language Models
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My guess is that copyright law is fundamentally incompatible with LLMs but it’s not going to go down easily.
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Training Data Leakage in AI Models and Future Obfuscation
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That is the big question. At least the current models leak training data. However, they’ll likely get better at obfuscation over time.