Bogdan Sturza

to understand is to know what to do

[Bogdan Sturza @bogdan_sturza]

the right choice is the one that makes us lose interest in alternatives

[Bogdan Sturza @bogdan_sturza]

@elonmusk change incentives, change behavior

[Bogdan Sturza @bogdan_sturza]

some companies behave like their stock price is their product

[Bogdan Sturza @bogdan_sturza]

@crispytwit Are there any downsides for the quality and characteristics of the hotdog when keeping the price stable in changing market conditions?

[Bogdan Sturza @bogdan_sturza]

#Berlin

[Bogdan Sturza @bogdan_sturza]

#Berlin #urbex

[Bogdan Sturza @bogdan_sturza]

@markgadala 1. survivorship bias
2. generalization from small samples
3. anchoring
4. overconfidence
5. egocentric bias
6. illusion of control
7. base rate fallacy

these are just some fallacies i observed in this tweet, so i'd take the thread with a grain of salt.

[Bogdan Sturza @bogdan_sturza]

or maybe both sides are on a different side of a single coin, just a different extreme

[Bogdan Sturza @bogdan_sturza]

you haven't read the academic side of the "entrepreneurship internet". the vast majority i've read are from bootstrapping, bricolage, and various ingenious ways to look at it resource-based.

[Nick deWilde @nick_dewilde]

It is remarkable how effective the VC content marketing engine has been at shaping the narratives and frameworks around building companies.

To build a bootstrapped business you basically need to un-learn 70% of the entrepreneurship wisdom you've picked up from the internet.

[Bogdan Sturza @bogdan_sturza]

but the amount of "hustle" is significantly larger than the companies that raised huge sums of money. a lot more time is spent figuring out how to keep it alive for days-weeks-months a lot of times, so you figure out a lot of stuff too.

[Bogdan Sturza @bogdan_sturza]

MISSIONARY: Well, eventually, with all that copra, land, machines, employees, with all that money - you could retire a very rich man. And then you wouldn't have to do anything. You could just lie on the beach all day.

#debt - the first 5000 years

[Bogdan Sturza @bogdan_sturza]

This incident is amusing because it reminded me of a joke my graduate school advisor, the anthropologist Marshall Sahlins, used to tell. In his version, it's a whimsical encounter between a missionary and a Samoan he found lying on the beach:

[Bogdan Sturza @bogdan_sturza]

MISSIONARY: Well, you'd be rich. You could buy land, plant more trees, expand operations. At that point, you wouldn't even have to do the physical work anymore, you could just hire a bunch of other people to do it for you.

SAMOAN: Okay. And why would I want to do that?

[Bogdan Sturza @bogdan_sturza]

Doubtless, throughout history, women have enjoyed the mastery that comes from long continuous speech.

Summary from an unrelated text by #ChatGPT

[Bogdan Sturza @bogdan_sturza]

Creativity: The system should be able to come up with new and innovative solutions using the knowledge it has acquired.

[Bogdan Sturza @bogdan_sturza]

I would define intelligence, as a system, that has no knowledge of programming, given a book on an STL or a programming language reference, could start building programs(with the learned first principles of the new tool). #intelligence #ai #LLM #ChatGPT

[Bogdan Sturza @bogdan_sturza]

Understanding: The system must be capable of comprehending the principles or rules underlying the knowledge it acquires.

Application: The system must be able to use the knowledge and understanding it has gained to perform tasks or solve problems.