I was able to travel to see the 100MW Penguin bitcoin mine in Paraguay last year. They didn’t start by wanting to mine. They had a software academy (
@PenguinsTribe
) that they needed money to support. So they took advantage of stranded power, and have used this to fund
ECONOMY
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Bitcoin Mining Funds Software Academy in Paraguay
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Cryptocurrency Classification: Bitcoin Commodity vs Securities Definition
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What they miss in their cryptocurrency analysis is that we need a definition on what it is first. Bitcoin is a commodity. Others are securities.
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IBM Cuts 8000 HR Jobs as AI Automation Takes Over
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Les grandes entreprises américaines réduisent leurs effectifs à mesure que l’IA prend le relais. IBM vient de supprimer 8 000 postes dans ses ressources humaines, l’automatisation remplaçant les tâches répétitives.
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AI Could Eliminate Half of Entry-Level White-Collar Jobs
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“AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next one to five years.” – Dario Amodei, CEO, Anthropic
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Financial Institution Responsibility in Digital Loss Events
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I find when dealing with this broad class of issues it’s mildly less vexing to think “I am a witness to the bank losing the bank’s money” as opposed to “Someone stole my points because the bank let them.”
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AI Productivity and Resource Allocation for Better Life Quality
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AI will give us more productivity and time to feed our children with. The problem is merely allocation, and AI can help with that, too
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Florida law threatens innovation economy says critic
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This is an absolute disaster. If this becomes the law, Florida will never move away from the Boomer economy.
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AI Automation of Knowledge Work: Beyond Current Limitations
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And yet, so many still don't get it, or want to willfully believe AI is a con. Even if it stopped progressing today, it would be able to automate vast swathes of knowledge work. That's that's before we even get to AI progression and how it has the potential to change the https://
x.com/MichaelAArouet
/MichaelAArouet/status/1927305260126683565
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GameStop Dollars vs Chase Dollars: Digital Currency Negotiability
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The key property the GameStop account doesn’t have is negotiability; while one might actually try to do this for oneself, and I really wouldn’t recommend it, one would not be able to buy one’s food or pay one’s rent with GameStop dollars. One does this with Chase dollars.
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Claude’s Thought Tokens Now Free in Usage Metadata
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Current model pricing doesn’t change, the thought tokens in “usage metadata” refer to the full thoughts (which is what you pay for) and the summaries are just free (and experimental).