The economy in 2021 was a reflection of the massive monetary and fiscal easing in 2020.
The economy in 2023 is going to be a reflection of the massive monetary and fiscal tightening in 2022.
Whether it’s an athlete, actor, or entrepreneur what looks like a lucky break is more often the result of consistent effort compounded (an overnight success years in the making).
The first 80% of an exponential curve looks flat—important to remember when you’re in the flat!
@SamHarrisOrg Indeed. And free speech is for people while censorship is/should be for ideas.
Censorship applied to people commits the error of trying to predict the growth of knowledge; who might be a source of good ideas (like people who never seem to be). As I say: https://t.co/y6jiGI5Mxi
No speech - free or otherwise - can ensure truth be spoken or misinformation avoided.
Free speech as an ideal is a necessary precondition for communicating errors & their potential corrections. Regulation slows that process.
“Do not destroy the means of error correction.”
It’s not “addiction”, it’s a solution.
It’s not “climate hell highway”, it’s a problem.
Solutions don’t lead to an unproblematic state, but to better problems.
Catastrophising (using fear to motivate action) is a worse problem than a lack of awareness of the problem itself.
Roger Penrose is one of a small minority of opponents of Everettian quantum theory who understand that this entails denying that quantum theory is true, and seeking a new theory with new predictions, not just somehow 'interpreting' quantum theory.
@paulg Secured liabilities are bad because it leaves no margin of safety. Revenue based financing however is unsecured and moves in unison with startup performance. It’s a much more useful tool to fund recurring Opex that have measurable ROI (marketing) and extend runway