As fears grow that artificial intelligence could disrupt software jobs, a Reddit debate has revived a familiar question in Bengaluru’s property market: what happens to real estate if the city’s IT engine slows? The discussion was sparked by remarks attributed to Anthropic CEO Dario Amodei, who suggested that software engineers could become ‘largely obsolete’ within […]
At the core, information is only truly transmitted when the person receiving the intelligence enjoys a change in posterior thinking relative to prior beliefs. Within this transmission, there are two main categories: degenerate and non-degenerate. Understandably, these terms carry a loaded meaning in the financial ecosystem. However, from a mathematical and decision-theoretic standpoint, the distinction […]
The first time he “retired”, in 1956, Warren Buffett was 25. Benjamin Graham, the famous stock-picker who employed him, had closed his fund. The oracle of Omaha, as Mr Buffett would later become known, went home to Nebraska. His break from work was brief; he soon started an investment partnership of his own. But then […]