Anthropic CEO:
"There are jobs that took generations to build that may disappear."
One of the best interviews I've seen in a long time.
31 minutes of pure insight from the man running a $965B company.
The whole economy splits in two: people who use AI, and people who get replaced by those who do.
This isn't a forecast, it's already happening and you can't adapt while ignoring it.
Watch it, then read the guide on Claude features that 99% of users don't know exist below.
Nassim Taleb breaks down the Black-Scholes formula - and the story he tells starts with a forgotten man.
Louis Bachelier priced options 73 years before Black-Scholes - and modeled Brownian motion 5 years before Einstein.
it was 1900. a 30-year-old Frenchman defends a thesis under Henri Poincaré that quietly invents two fields at once: the math of random markets, and the first real formula for pricing options.
his reward? the committee marks it down - "too much finance." no top grade, no patron, no career. he spends his life applying for jobs one rank below what his work deserved, and dies forgotten in 1946.
then 1973: Black, Scholes & Merton publish the option-pricing formula. it reshapes Wall Street and wins the 1997 Nobel - for two of them (Black had died, so missed it). almost nobody remembers the Frenchman who got there first.
and here's Taleb's twist: traders never actually use Black-Scholes. what the market runs on is a version of Bachelier's original. the Nobel, he argues, wasn't even for the pricing - it was for dressing it up to fit the economic theory of the day.
~15-min lecture, free. the man who built modern finance — and watched the credit go to everyone but him ↓
An innovative computational approach that combines unsupervised learning, a Gaussian mixture model and computational fluid dynamics is proposed for understanding the spread of infectious diseases. @Ddrikakis https://t.co/eZJlNyBw4Q
In 'Is humanity doomed?' by MailOnline, UNIC's Prof. @DDrikakis an optimistic view on the #DoomsdayClock.
'I believe there will be substantial efforts to mitigate threats due to diplomatic agreements and technological breakthroughs,' he states.
Read more here 👉
https://t.co/v1TCCSjqYI
An adjoint shape optimization approach is implemented in a fully turbulent flow regime. An optimal design of an innovative concentric-tube heat exchanger is obtained by morphing the tube’s walls. @DboukTalib@univrouen@Ddrikakis https://t.co/XfevEZj7jX
@DrJimFan Realistic physics can be introduced through training with data from advanced scientific simulations. Recently, a Transformer was extended to turbulent flow time series data for the first time; paper published in the Physics of Fluids (https://t.co/L31Ibu4Vlj).
Morphing optimization of flow and heat transfer in concentric tube heat exchangers. See our new research article featured in Physics of Fluids, 15 September 2023 by S.ALI, @DboukTalib M.KHALED, J. FARAJ, @DDrikakis . DOI Link: https://t.co/0JWUGshxEQ