“So what does Tether put its character points into?” Crime? “Make that sound less judgmental.” They’re skilled at identifying and orchestrating partners in global financial system who can move money around while either not following or being very lax with laws governing it.
ECONOMY
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Mismanagement of Large Funding Threatens Initiative Success
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You should not give disorganized people of good will tens of billions of dollars because they will very predictably lose that money then be uncertain as to why it happened.
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GPT-4 Performance Degradation and OpenAI Growth Challenges
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GPT-4 feels noticeably slower too. Isn’t Turbo the default now? The growth they’re dealing with post-devday must be insane to pause paid signups.
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AI Revolution Debate with Tech and Policy Experts
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On Nov 20, @DigEconLab director @erikbryn will join fellow esteemed speakers from @GeorgiaTech
, @HeinzCollege
, and @WSJ to debate and discuss the AI revolution and its implications for our society. https://
bit.ly/3MGNy6z -
Accountability Structures: From Naval Command to Banking Leadership
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Anyhow, only about 10% of the discussion is about crypto per se. More focuses on the surprising similar between British sea captains and U.S. bank CEOs vis formal accountability for decisionmaking, the capital stack behind your dentist's office, and fun interchange trivia.
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Billions Invested in AI: Where is the Promised Adoption?
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Part which might read as combatative, which I don't intend to read as combatative, is that after the investment of tens of billions of dollars over a decade of boosters promising Adoption is Right Around the Corner then either we see adoption or we admit failure, right.
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Payments Industry Insider Shares Professional Background Disclaimer
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I'll make the obligatory disclaimer that I previously worked in payments and am not speaking on anyone else's behalf, including not on behalf of the numerous firms that one brings up when discussing things that people actually use to complete transactions a day-to-day basis.
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Tether Investors Face Risks from Potential Deception
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People who make a habit of believing Tether will have unfortunate and thoroughly predictable futures when they suddenly come to understand that Tether lied to them.
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USDC Reserve Crisis: Dollar Backing Questioned Amid Tether Concerns
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USDC’s business is keeping an actual dollar in some accessible place against the possibility of redemption, but their dollars are being syphoned off to Elsewhere. If we believe Tether, the delta is currently in Tether’s reserves.