I think math is so tractable because of lean only.
If there were an automated test to determine if their claim was true, it could just generate a thousand claims in the right direction until it hits.
That should tell you something about how much effort (thinking) is required for the activity. The fact you writing is t something you can do as much as reading means you use your brain a bit more. I would claim that consuming information always uses less thought then generating information. For a human brain at least.
Passive investing is a fairly new phenomenon and we don’t actually know if it works long term. The premise of the stock market is that it’s a market. Blind and wide investment goes against the principles of how investment works. We could be accelerating bad outcomes because we are basically rewarding and punishing companies based purely on momentum, not performance.
Basically, I think it’s possible that passive investment only works when it’s a small slice of total investment. Essentially, then you ride off the expertise and decisions of others.
What happens when it’s the majority of investment? We don’t know.
I totally disagree. AI is overhyped, but the demos that have impressed me most are things/elements that very few people are touching and that no one seems to be talking about.
the hype is where the money is, as is always -- marketing & porn. Both touched heavily by AI already.
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