💡 What is a Bearer Instrument?
A bearer instrument is a financial asset where whoever physically holds the certificate is considered the owner—ownership can transfer simply by handing it over, without the issuer keeping an ownership record.
How we prompt AI is very different in 2026 than 2022 when ChatGPT came out.
I'm teaching a new course, AI Prompting for Everyone, to help you become an AI power user — whatever your current skill level.
It covers skills that apply across ChatGPT, Gemini, Claude, and other AI tools. How to use deep research mode for well-researched reports on complex questions. How to give AI the right context, including more documents and images than most people realize you can provide. When to ask AI to think hard for several minutes on important decisions like what car to buy, what to study, or what job to take. And how to use AI to generate images, analyze data, and build simple games and websites.
I also cover intuitions about how these models work under the hood, so you know when to trust an answer and when not to.
Along the way, you'll see flying squirrels, a creativity test, some of my old family photos, and fireworks.
Join me at https://t.co/tcQc4iJAJG
It has been said that AI is the new oil, the new electricity, and the new internet. And the once nimble and highly profitable software companies (MSFT, GOOG, ...) became like utilities, investing in nuclear energy, among other things, to run AI data centres. Open Source and the #DeepSeek #Sputnik have once again shown that such companies "have no moat" in the field of AI.
In many talks over the last decade, I mentioned the rich guy I knew when I was young. He had a Porsche with something incredible: a mobile phone. He could call other people who had such a Porsche via a satellite. But 40 years later, everyone had a cheap smartphone in their pocket, which is far superior to what he had in his Porsche.
And it's the same with AI. Every five years, compute becomes ten times cheaper - a trend that has continued since the first general-purpose computer was completed in 1941. The basic techniques of modern AI were developed in the last millennium, when compute was still very expensive, but this trend has made them so cheap that AI has been on your smartphone since the 2010s.
The trend will not break in the coming decades (the physical Bremermann limit is still a long way off). An AI data centre that is worth 100 billion today will only be worth 1 billion in ten years' time. Soon, small, cheap computers with increasingly efficient open source AI software will do what the large data centres do today.
So AI will not be controlled by a few big AI utilities. No, everyone will own cheap but powerful and transparent AI that improves their lives in many ways. See the old motto of @nnaisense founded in 2014: ‘AI∀’ or ‘AI For All’.