Michael Dempsey pfp

Michael Dempsey

@mhd

22 Following
133 Followers
Andy W pfp
Andy W
@aweissman
Last week at an event I got to hear Michael Dempsey from Compound talk about "in-distribution" (familiar) and "out-of distribution" (novel) ideas, and how AI plays into this. He wrote it up as an essay yesterday (with a great lede): "The human condition is romantic. We tightly guard and appreciate the idea that we are all unique, each with our own novelty running through our veins and shooting out of each electrical charge from our neurons firing. We as humans are connected because we have both thought what others have thought and only think what no others have ever thought. The concept of some form of heightened superintelligence threatens this. LLMs broadly take the collective thoughts of humanity and shine a mirror on those writing prompts, spitting out an answer that could lead to a given person learning that perhaps so many others have thought everything we have thought. And we will likely learn, that that's okay in some regards" https://mhdempsey.substack.com/p/in-distribution-vs-out-of-distribution
3 replies
104 recasts
223 reactions
Michael Dempsey pfp
Michael Dempsey
@mhd
I read this paragraph a few times and thought about how it perfectly sums up a lot of the problems within crypto and technology building in general. via - https://gagra.vc/flipping-the-ai-coin
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
Not clear to me Wormhole isn’t going to be the ICP of this cycle. But maybe it’s just JUP
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
Cool repo tracking latest audio AI models - https://github.com/archinetai/audio-ai-timeline
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
me.
1 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
(New Post) Narrative Cycles & Conviction in Technology A look at how narratives shift and conviction follows during times of uncertainty. + How to get a barometer on the market based on founder and investor behaviors. https://mhdempsey.substack.com/p/narrative-cycles-and-conviction-in
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
(New Posts) U-Shaped Token Curves - Looking at how slowing token emissions from this last crypto cycle could lead to power law dynamics setting in. Stablecoins & Dollar Dominance - Why the US needs to care about stablecoins. https://mhdempsey.substack.com/p/u-shaped-token-curves-stablecoins
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
Are there any more novel approaches to tokenomics that have been written about that evolve past veToken model? Feels odd to me we are using something that is years old while pace and learning of token-related problems continues aggressively.
0 reply
0 recast
0 reaction
Michael Dempsey pfp
Michael Dempsey
@mhd
let's build a protocol with a token that doesn't make money, say it will eventually make money, and then pivot value accrual from the token to the equity entity?
0 reply
0 recast
0 reaction