Does anyone have a link to the peer to peer market thing?

AKA… The humans.

Yes, the best games are always the two leg matches though. Where the big clubs put in 1000 hours of tactical analysis on opposition.

UCL semi finals are the highest standard of football in the world.

Yep, was also at OT for the Everton game.

Utd I’m a good place and I’m hoping Ratcliffe gets his deal. I think Utd and Newcastle are on the cusp of breaking into new ground for EPL and will make it tough for City and Chelsea to compete under FFP.

Can see St James’ at 100,000 capacity by 2035.

I’ve seen this and it’s embarrassing for the journalist.

Imagine getting an Elon Musk interview, trying to put gloves on him and basically turning yourself into a meme. Ouch.

Bookmakers…

I was at the Ethiad with kids this week.

My god, I’m not surprised City are 1/1 favourites to win UCL this year.

Just two years from now, static advertising will be dead. 🍔

AI is going to engage you in discussion about things you are interested in🤔, and subliminally suggest a few things to steer you toward privilege moments where you are super suggestible.🤤

People are gonna start by buying digital flowers 💐for their digimon gf, as they stand at the bus stop. We’re already here for some.

Then we are gonna move to AI personal assistants 🤖where an AI on your phone does various things in the background to organise your life, order groceries, book car servicing, etc.

Then in the future some people are gonna basically be perma-children with their phone leading them through the world and steering them clear of risk.👩‍👦

All of this could happen this decade.

The term NPC is going to manifest actual NPC’s into existence.🤦

There’s going to be some bizarre edge cases, for example… can AI get smart enough to get its humanoid to quit hard drugs? 💉

Will AI manipulate criminals to quit crime? 🏦

There are lots of models of AI that society could adopt, currently I think discrete portable instances are much much more likely than an all omnipotent SkyNet type. Partly because there are huge instant economy gains from putting a powerful AI assistant with net connectivity on every iPhone.

Objectively everyone’s living standard HAS improved for past 100 years or so. Longer for some countries.

nostr is gonna be as alive as any other social media in about 2 years whether people adopt it or not.

The only difference is nostr is open and censor proof, where all others are going to descend into deep fake hall-of-mirrors hellscapes where fake and real are indistinguishable.

AI is going to make spam a lot less spammy, a lot more engaging and human-esq.

Are we guilty of preparing to fight the previous war?

The winning adoption message for #bitcoin isn’t that it’s secure, zero counterparty or dilution proof.

It’s that it’s super easy to use, frictionless and transnational.

How to change your environment or how is your environment the source of all your prompts/triggers?

All of your triggers, all of them, come from your environment.

If you are serious about changing your habits or your lifestyle then you usually need to change your environment.

Democratising unused land is the biggest redistribution of wealth that any national can undertake.

Almost every country has huge tracts of undeveloped land, but keeps people kettled up in tightly zoned residential areas.

People should ask why this is normalised, and what the modern consequences of that are?

It would be nice if there was a “use it or lose it” system, and if unused land was available for purchase from public land bank by anyone at a flat rate.

Breathable air?

🤔 I jest.

But don’t be afraid to seize seemingly easy opportunities as and when they arise, which they will.

I’m currently teaching my kids how to do business, we’re turning £1,000 into £100k in 3 years without doing any work. We’re just going to do a bunch of easy things.

For most things, turning up is 90% of the filter. You can be the luckiest person in the world, by turning up to everything.

Are you joking?

The impact of iPhone alone is bigger than all his stuff put together by a long margin. Look at your screen time for proof of this fact.

Landing rockets look cool, but there aren’t many big biz models for space. Space tourism market has already flopped. What’s left? A $100pcm ISP?

Tesla’s 2022 free cashflow was $1.4 billion

Apple’s 2022 free cashflow was $112 billion

They are not in the same league.

I like Musk for what he is, but Lynn seems much closer to the mark than Elon being the greatest achiever in human history.

Everyone will end up on nostr, people can either come early or come with the masses.

But stuff like this proves the inevitability of it all. Too much corporate BS in the market is just steamrollering the user experience.

That’s not quite it.

Let’s use oil as an example because it’s easy to understand in the following terms.

Every day the world consumes 100m barrels of oil, this is ~ 36.5 bn barrels a year (approx 1 cubic mile of crude oil).

Let’s assume Scenario A where the market is perfectly supplied and the price of oil is thus $80, and the value of the cube is $2.92 trillion.

Now in Scenario B the industry produces 2% surplus oil (102m barrels per day), that’s 37.23 bn barrels a year and in this scenario the price of oil is low settles at $40. Now the suppliers are producing 2% and the value of this 2% larger cube is $1.489 trillion.

Now I’m Scenario C the industry produces a 2% deficit of oil (98m barrels per day). That’s 35.77 bn barrels a year. In this scenario the price of oil is $120. So the value of the smallest cube of the 3 is actually $4.29 trillion.

The abundant (oversupply) scenario is the worst scenario for suppliers.

These are REAL examples based on real data, and you get the same result in any monetary system.

It works the same if demand varies by +/- 2%

If AI causes aggregate demand to fall by 2% yoy then the market will be oversupplied and each marginal additional unit of production has NEGATIVE REALISED VALUE for the suppliers.

Every surplus unit destroys the value of ALL previously produced units.

Prices are vastly more sensitive to supply / demand imbalances than they are to the money supply. Diverging commodity prices prove this.

That’s a very scary table for lots of different reasons.