If you *only* used SAT to admit to elite colleges, share of admits from top 1% income falls 15.8% → 9.9% and representation from <$200k rises by +8.8%, with no reduction in post-college outcomes.
It's 'holistic review' and 'ban SAT' policy that allows the most wealthy and powerful to virtue signal while getting an edge.
In order for U.S. companies to continue funding mega-projects like Stargate, rates will need to remain low. We'll see more inflation, and inequality as the value of 'real assets' skyrocket w.r.t. cash.
An overlooked way in which AI will contribute to an increase in inequality is the pressure for governments to develop AI faster than their rivals to ensure national security.
crypto has become a reputable way to monetize political power. this benefit should be distributed to the whole, not for the individual.
the social code for what qualifies as corruption needs to evolve.
@polymutex@ZephyrExchange It uses the Gmail SDK. We also support other modes of uploading an email (i.e. forward as attachment, uploading the raw email).
An underappreciated aspect of permissionless stablecoin onramps is their power to serve as economic equalizers.
For citizens in inflation-prone countries like Argentina, this tech democratizes access to dollars, eliminating the premium on physical currency.
Super excited to launch Zephyr publicly today. This is the culmination of a lot of tinkering and it will be great to build out proofs for other payment methods in the upcoming months.
1/ For crypto to reach its next stage of growth, it must be used less for speculation and become more like money. We believe privacy is a necessary condition for this to occur.
@nocturne_xyz we’re excited to introduce a new primitive to the Ethereum ecosystem—private accounts 🧵
@arbitrum@NotebookLabs Notebook Labs is hiring and we're looking for motivated builders who want to make a lasting impact within the space of Web3 private authentication. Feel free to check out our open jobs listed here: https://t.co/x4BdkQfh7j
Incredibly proud of our recent fundraising round led by @BainCapCrypto. Thanks to our investors for believing in a safer future for Web3, powered by zk cryptography.
EXCLUSIVE: @BainCapCrypto has led a $3.3 million seed funding round for @NotebookLabs, which seeks to accelerate the adoption of DeFi using verified crypto identities that don’t compromise users’ privacy.
@BrandyBetz reports
https://t.co/g9qyEuAgF2
First page of every ZKP introduction: “Imagine you have a Where’s Waldo book and want to prove you know where Waldo is with a piece of cardboard…”
Second page of every ZKP introduction: “If we replace FRI with pairing-based Kate commitments, recursive composition becomes…”