The story of modern commodity derivatives really begins in the early 1980s, in the aftermath of the most chaotic decade the energy market had ever seen. The 1973 Arab oil embargo tripled crude prices almost overnight. The 1979 Iranian Revolution sent them parabolic again, pushing real prices to their post-war peak. For most of thatContinue reading “Compute Markets and the emergence of the Neurodollar”
Category Archives: ideas
A Tutor for Every Child (2023)
Growing up, the idea of 1:1 tutoring made my stomach do cartwheels. Growing up in Shanghai, my parents quickly cottoned on to the fact that kids could be pushed to strive a fair bit harder than was the norm in our native Australia. A large drive in this realisation was Mary, the mother of myContinue reading “A Tutor for Every Child (2023)”
X as Super-App (2023)
If you haven’t been living under a rock, you may be aware of the following events: Now that that’s covered, some thoughts on why he did this, where it’s headed and how every user might get involved. Why Twitter? The party line in the lead-up to and ever since the Twitter takeover hasContinue reading “X as Super-App (2023)”
Autonomous Agents and the One-Person Company (2023)
If you’re not directly working in the AI space, chances are that your introduction to the concept of autonomous agents was through some influencer sprouting beginning with: “🤯 Move over ChatGPT…” “The tool you haven’t heard about that is bringing us one step closer to AGI 🤖“ “You are not going to believe what AIContinue reading “Autonomous Agents and the One-Person Company (2023)”
Efficient Markets in the Autonomous Age (2023)
The Efficient Markets Hypothesis (EMH): Then & Now In 1970, one of the most famous and divisive pieces of knowledge in the history of markets was authored. In a paper excitingly titled ‘Efficient Capital Markets: A Review of Theory and Empirical Work’, Chicago economist Eugene Fama posited that financial markets are perfect reflections of allContinue reading “Efficient Markets in the Autonomous Age (2023)”
Catastrophism, AI Slop and bringing trust back to media (2023)
Ever since the introduction of the printing press, the media has served a foundational role as a conduit for the communication of new ideas. As technology has evolved, so too has the media. With the rapid advances of large language models we have seen in less than a year, we sit at a crucial inflectionContinue reading “Catastrophism, AI Slop and bringing trust back to media (2023)”