
Redphone
@redphone
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1/ In crypto, I regularly meet teenagers, 16-year-olds who know "too much." They understand things about the global economy, for example, that they have no business knowing. Some are quite literally on par with 60-year-olds who've worked in finance their entire lives.
Or they're experts on cars, or rocket telemetry, or metaphysics.
It's jarring AF.
And it's all thanks to the internet (YouTube and podcasts in particular).
Age no longer matters.
We've flattened the arena of minds!
And now, AI is about to explode everything we thought we knew about learning.
When I look back at my own childhood and learning journey, I realize I grew up in a sort of dark ages for knowledge. We had to physically go places, real places: libraries, conferences, summer camps, bookstores, to find shards information at the very forefront of thought.
(Sometimes, we even... 👇 2 replies
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If I had to name the single most important concept driving my investment decisions, it'd be George Soros' reflexivity. That's the concept that markets act like a feedback loop between beliefs, reality and price...
Example: Company A makes sexy widgets, which ups the stock price, which allows them to issue more debt, which allows them to grow faster, which pushes up the stock, etc.
It wasn't until I encountered the phrase hyperstition that I realized reflexivity isn't limited to financial markets. As technology morphs us closer to gods, we can invent whatever we dream.
And that means reflexivity is coming for all aspects of our lives.
Normality is dead.
Ever-changing, amorphous, techno-euphoric crypto and AI culture is already changing our tomorrows. 1 reply
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