This is not me saying AI is useless—obviously it’s huge in some areas.
But if you think cutting costs alone is the golden ticket, you’re fooling yourself.
Even Jevons knew: it wasn’t just about coal being cheaper, it was about coal being essential to everything.
��Most hype” is…just hype.
Tech CEOs love dropping fancy economic terms so investors don’t sell their stock.
But a big chunk of businesses find AI “irrelevant or too complicated.”
If it’s not a must-have, efficiency alone won’t magically make it a gold rush.
As per @WSJ The U.S government stops negotiations of releasing $7B dollars of Afghanistan’s funds. If it was anybody else they would do the same because of the fear of terrorism growth in the Afghanistan. But they must think about starvation of millions Afghans too. #Afghanistan
In 2009, a Stanford business professor:
- Split her class into 14 teams
- Gave each team $5 and 2 hours
- Told them to get as much ROI as possible
- Said they’d give a presentation after finishing
Here’s how it went down + the foundational lesson you can learn from it:
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These printable solar cells created by the University of Newcastle and CSIRO are flexible and can be printed like newspapers [📹: https://t.co/dfYiQ0oG6K]
In the Galton Board 3000 steel balls fall through 12 levels of branching paths and always end up matching a bell curve distribution. An elegantly designed modern version to demonstrate the Central Limit Theorem [source, read more: https://t.co/QhA6Di9aP3]