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let’s discover how crypto could transform money

Italy
Joined October 2016
Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)Photo by Davide Alba (@davide_will)
Davide Alba retweeted
Business is problems. The best companies are just highly effective problem-solving machines. Travis Kalanick on why he loves problems: “I don’t think about problems in a negative way.” “I think about problems the way a math professor would think about a problem.” “A math professor without interesting problems to solve is a sad math professor.” “So you wanna create interesting things to solve. You wanna create problems to solve. You have to predict well the nature of the problem and your ability and capacity to solve it.” — @travisk
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Davide Alba retweeted
The models are very good at creating custom spaced repetition apps with algorithms adapted to you and the problem domain ("review my learning and improve the efficiency of your scheduler") plus tailored explanations for anything that you consistently get wrong.
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Technology is the great equalizer. Most people now have access to the same internet, the same phones, the same AI models. And they are very quickly getting access to the same financial services, from anywhere in the world. Geography and your wealth shouldn’t determine this - and soon, they won’t.
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Every week the Reserve team gets a market update from our AI-obsessed quant. Now you can have it too ↓
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Davide Alba retweeted
Our future hinges on whether recursive self improvement will take us from cool coding agents to literal superintelligence. The guys who wrote AI 2027 are extremely bullish on the tech, but very worried about where it leads us. Permanent totalitarian regime? Autonomous AIs taking control? I sat down with @thlarsen and @romeovdean to learn what they think is required to reach techno utopia. There’s a lot in their proposal worth discussing. Historically the AI safety community pushed for secrecy around AI research. The thinking went: the more insights are shared, the faster it will go, and we need more time for alignment research, so publishing and open source are bad. But the AI Futures Project now recommends the opposite! They want to mandate open-sourcing the research and literal code used for training runs and inference (though not model weights), so the whole world can see what’s going on inside the labs and weigh in on it as we progress. They think this would lead to frontier labs popping up all over the world, competing openly and sharing insights along the way. Almost a hybrid of academic and commercial development models. As labs explore new approaches, anything that looks really risky would be debated openly and, potentially, banned for a period of time while control and alignment methods catch up. Worldwide bans would be feasible by way of a multi-lateral treaty initially formed by the US and China. Global rules would trickle down to state/national regulations. Compute would continue its massive scaling, with a catch: new datacenters would be equipped with chip destruction/disabling machinery and strategically located so that if the treaty broke down, each country would have power and incentive to destroy/disable their chips (rather than let their adversaries seize them), bringing us back to pre-2030 levels of compute. Mutually assured compute destruction (MACD), they call it. Even with these controls, they think we’ll still have something like 4x growth in robots year over year leading the robot population to quickly eclipse humans and take over most jobs. They have an elegant idea for handling all the job loss: auction off a fixed annual supply of permits to robot makers and use the revenue to fund “citizen’s dividend” checks. Their econ model says we could pay people $1M/year for doing nothing by the mid 2030s. They forecast doublings of GDP for many years and extreme gains across most markets, as well as for land, one of the main remaining scarce resources in a scenario of abundance. To a normie this all sounds completely nuts. To the truly AI pilled, it’s worth taking seriously. Which are you?
Last week Xi Jinping formed the World AI Cooperation Organisation and said we need to avoid “loss of control” over AI. This morning 1,224 employees of frontier US AI companies put out a statement saying: "We request that the U.S. government support an international effort to develop the technical and governance tools needed to deliberately pace the frontier of automated AI development." But what would that actually look like? According to the people who wrote AI 2027, it would mean: a US<>China deal in which every frontier lab’s research is continually open sourced for the world to examine, regulation developed along the way in response to new capabilities that look dangerous, and every new US or Chinese datacenter rigged to self-disable if the deal breaks down. Theirs may be the most developed vision for international coordination on AI to date. Even with treaties and regulations to slow things down, they forecast GDP doubling year over year, billions of AIs and robots taking most jobs, a cap-and-trade robot permit plan paying out $1M “citizen’s dividend” checks by 2035, and full superintelligence by 2040. When I asked @thlarsen and @romeovdean to forecast growth of AI stocks their chart was parabolic. They also think land (which robots can’t make more of) will skyrocket in value. If they’re right about the effects of recursive self improvement… we are in for an extremely wild ride 🥵😳
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🇺🇸 Trump CFTC chair nominee Michael Selig says, "The goal is to make the United States the crypto capital of the world."
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Davide Alba retweeted
The West, Institutions, and Applied Optimism chipkin.substack.com/p/the-w…
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Imagine what Michelangelo could have achieved if some middle school teacher forced him to learn calculus.
Michelangelo carved these when he was 19 years old.
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The flywheel is turning 🌐 Let the DTF era begin
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Davide Alba retweeted
One token. Every major name. LCAP powered by @reserveprotocol gives you simple, instant exposure to crypto’s biggest names — all in a single token. Available on Kraken today ⤵️ proapp.kraken.com/9f1e/LCAPU…
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After 15 years of Bitcoin, the question isn’t whether money will change, it’s how. This is the next step in monetary evolution: ft. @ReserveProtocol and its cofounder, @nnevvinn Welcome to money, upgraded. FULL POD BELOW:
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Perps used to be the poster child for casino-style crypto. Now they’re becoming one of the most useful tools in digital markets — not to gamble, but to hedge. The irony? U.S. retail traders are still kept at arms length from one of the most novel ways to manage risk.
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Davide Alba retweeted
Hugo Darnaut - "Forest Path" (1901)
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The most efficient distribution is getting users to promote the product as a way of promoting themselves Especially their (1) achievement, (2) intellect, (3) taste, (4) access, (5) tribe Examples: - YouTube play button - Spotify Wrapped - Oura sleep score - GitHub contribution chart
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Creativity is associated with delayed brain aging. Expertise in music, dance, painting & gaming results in neuroplasticity-driven efficiency in the brain. We were made to create, not consume.
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Davide Alba retweeted
In the future, money won't lose value anymore. Today, the decentralized blackrock of the world @reserveprotocol enables crypto indexes [DTF] for everyone to invest broadly in digital assets. Listen to my conversation with @nnevvinn as we unpack what this means for you. Now available to trade on @uglycash
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Davide Alba retweeted
Nailed it. Free social spaces like network states are the innovation labs of countries. @hosseeb on network states!
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