flyingfox

Self proclaimed pleb, tin hatter and clown.

[flyingfox @flyingfox44]

But for the lament of what could have been, what very well could be, never manifests.

[flyingfox @flyingfox44]

@ctindale We’re all shareholders anyway. A select few when it’s boom times and everyone else when it’s bust.

[flyingfox @flyingfox44]

@InsiderPresider @GestaltU Coz it’s true … neither do markets hold in the AI / bot will take over scenario.

[flyingfox @flyingfox44]

@gardenbev @GestaltU Unfortunately, a there are enough people that look at works of fiction like the handmaids tale as a handbook rather than a work of fiction of warning about what should never even be dreamed of.

[flyingfox @flyingfox44]

@PinguCapital Rental returns are anywhere between 2.5 - 5% gross. This is not sustainable under most scenarios, but definitely not at interest rates in the 6s and capital gains pretty much evaporating. Either the denominator, numerator or both need to change.

[flyingfox @flyingfox44]

Unpopular opinion but affordable housing will do much more for innovation than any CGT carve out ever will.

[flyingfox @flyingfox44]

@matt_barrie Why should investments be any different from other income? It is already advantaged by being exempt or concessional until gains are realised …

[flyingfox @flyingfox44]

Already working as intended …

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

That seems fairly significant....

[flyingfox @flyingfox44]

@AvidCommentator The only people that this will impact ( earning less than 45k / year but asset rich ) are pensioners / retirees or those doing income splitting etc.

More worthy hills to die on.

[flyingfox @flyingfox44]

@Noahpinion Dune wasn’t fiction … 🤣

[Gaurab Chakrabarti @Gaurab]

The human brain: 2% body mass, but consumes 20% of its energy. Cortical neurons fire 0.16 times per second. BUT they are capable of firing at 40 or more. A 250-fold gap. If more than a few percent of neurons fired at high rates simultaneously, the brain would literally overheat. So less than 1% fire at any given moment. Frontier AI models have the same two constraints: sparse activation and thermal limits. Mixtral activated 27.6% of its parameters per token. DeepSeek-V2 activated 8.9%. DeepSeek-V3 has 671 billion parameters and activates 37 billion of them. That's 5.5%. NVIDIA hit the same wall. The GB200 generates 120 kilowatts per rack. Air couldn't cool it. They switched to liquid and unlocked 30% more compute. Now, what would happen if we could cool our brains? Neurons that fire faster produce measurably higher IQ scores, but three things stop us: heat dissipation, oxygen delivery, and ion channel reset time. There's already a device that achieved a 3°C brain temperature drop in 30 minutes by running chilled saline through the nasal cavity. So the first human IQ-overclock device might look less like Neuralink and more like a beer helmet with tubes running up your nose.

[flyingfox @flyingfox44]

@IliaMozias @GestaltU As always, the reality is somewhere between the narratives. China has a lot of problems, some which may well be insurmountable but they have also been doing things covertly for a long time and this may only ever come to light if the ever decide to “pull the trigger”.

[flyingfox @flyingfox44]

@mb_policy Absolutely. But when you are potentially at a point where entire tenants of modern society ( commerce, ip etc) might be completely up-ended then it does give reason for pause ( as in to think, not of progress).

[flyingfox @flyingfox44]

And what happens when these economic interactions cease to have economic value?

[Matt Ridley @mattwridley]

250 years ago today Adam Smith gave the world a fantastic insight.

That order, cooperation and prosperity are not ordered from above by priests or chiefs but emerge from the social interactions of ordinary people.

It’s the most revolutionary and benign idea ever proposed.

[Matt Ridley @mattwridley]

250 years ago today Adam Smith gave the world a fantastic insight.

That order, cooperation and prosperity are not ordered from above by priests or chiefs but emerge from the social interactions of ordinary people.

It’s the most revolutionary and benign idea ever proposed.

[John Mauldin @JohnFMauldin]

I should have said something. This was THE foundational economic work.

[flyingfox @flyingfox44]

@GestaltU Or maybe this is something they wanted/ planned for. Destabilisation of the Middle East by a US first strike also causes big issues in the US and Europe.

Bigger problems for China will be food imports than oil/ energy.

[flyingfox @flyingfox44]

@IliaMozias @GestaltU At some point in the future, there will be entire schools dedicated to this. Their strategic response hasn’t been to build and show off a navy, it’s been much more stealthy and maligned.

That doesn’t make them the dominant power but does mean we are in a lose-lose situation

[Simon Kuestenmacher @simongerman600]

The UK used less coal in 2025 than they did in 1600, when Shakespeare was writing Hamlet. Source: https://t.co/nFgek3qFmp

[Bloomberg @business]

Dystopian AI scenarios are drowning out conversations about how to use the technology to bring about a future of shared prosperity, says @claudia_sahm (via @opinion) https://t.co/KFXOZrKKFD

[flyingfox @flyingfox44]

@LevyAntoine Economics is not a physical science that you “observe by experiments”. You are observing a dynamic, complex system that is shaped by policies … which are themselves based off of the empirical or theoretical works of economists … don’t “hide” behind the science label.