ChadGPT_
391 posts

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Baskinism #1
We must want it this way otherwise we would change it.
I said it, I own it.
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Remote work is different. It takes new thinking and adapting. You have to work at it. And it has worked for many industries that have put in the effort, including many in Tech.
But the financial services industry is pushing back the hardest against remote work. Leading this charge is its most entrenched boomer managers, like Fink and Dimon.
Interestingly, financial services are behind many other industries in using technology. See their struggles with mobile apps, how the US lags way behind in payments, how they are still unable to real-time settle securities transactions, fear of crypto, and even how large banks are now banning ChatGPT.
Financial services lag in productivity versus other industries. And financial services, and in particular banks, have been the worst-performing sectors in the S&P 500 over the last 15 years.
Is that their constant complaining about remote work more about their sedentary thinking and resistance to change than pointing out a real problem?
@drorpoleg @I_Am_NickBloom
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From Bloomberg
In a letter last month, Fink said inflation would remain close to 3.5% or 4% over the next few years — well above the Federal Reserve’s 2% target.
The CEO said Wednesday that lost productivity is “one of the big reasons why inflation” has been higher in the past couple of years. “A big reason productivity has fallen: remote working does not work,” Fink added.
“You cannot create any horizontal connectivity,” Fink said. “Firms had to hire more people to do the same amount of work. Productivity fell.”
bloomberg.com/news/articles/…
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ChadGPT_ retweetledi

Here’s some irony for you. Taleb wrote a perfectly good, if reasonably obvious, book “The Black Swan.” It’s obvious in the sense that nobody serious in finance thinks the world is “normally distributed” though that seems to be his repeated straw-man for years. But still, good stuff, reinforcing that for popular consumption (even if written as pretentiously as possible — seriously see if ChatGPT can do better).
Then he publishes the book an hour and a half before the GFC and many ignorantly assumed he forecast it with the press jumping on in a big ignorant way. Nope, not what happened. He forecast, again something few would dispute, that crazy big stuff happens in finance and will one day happen again. Not that it would happen next Tuesday!
But the world gives him credit for calling the crisis.
And, for my mic drop here, the world has once again been “Fooled By Randomness.”
But too be fair, my colleague and friend Antti Ilmanen may be getting the same luck with his book: amazon.com/Investing-Amid…. For yet more irony my fight with Taleb started when he called Antti, on Twitter, a “bullshitter” when Antti is the most honest unassuming guy in finance (I handle the assuming stuff for us). A tangled web indeed. Btw, he called Antti this for Antti’s belief and public argument that passively rolling puts is costly over the long-term. Antti readily concedes the possibility (not the certainty) that Nassim and his people may have alpha in how they go long vol that he doesn’t propose to take on. But still “a bullshitter.” Wow.
boaz weinstein@boazweinstein
@havethelastward @CliffordAsness Yes. Here’s another. All of the net gains are from 4 months in 2008. This is according to their own deck’s returns that someone shared and since deleted. There’s more. Or I’m wrong, but their silence speaks volumes.
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@GRDecter Apply for a job there…odds are pretty good you can make million a year by your math.
Interested?
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@0xDavila @allseeingseneca @funghibull @opensea @foundation @SuperRare This isn’t a workaround. Asking an exchange to build an interface to download the image from the URI in the contract is a workaround. But let’s be honest, 99.9% of NFT buyers like @funghibull don’t care about the actual contract and have no clue how to interact with it.
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In 2023 can @opensea, @foundation, @SuperRare & others please add a “Download Media” button and let us save our JPEGs/gifs/etc in full resolution and native format? 🙏🍄
Would love to see these platforms clap back to the “right click save” debate and let us share art easily
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@baue_ @the_freightrain @nftworldsNFT @CCIE11440 @Minecraft @MetaMetric_ Our analysis from back on March 31.


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@the_freightrain @nftworldsNFT @CCIE11440 @Minecraft We had a good number of folks really pushing @MetaMetric_ into covering it but @DataChad_ was spot on with the Microsoft risks associated with the EULA. We made recommendations when pushed to, but never really got comfortable with it as a project vs Sandbox/Otherside/DCL.
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We've just shared the following announcement on our Discord regarding the current @Minecraft & @nftworldsNFT situation.

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ChadGPT_ retweetledi

Barbell approach is fine, but i want to overweight investment in #uranium, #nuclear, #NuclearPower now.
(2+4+75)/3 = 27 (can't build hydro everywhere)
@UrTokenCorgi tell me these numbers are wrong.

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ChadGPT_ retweetledi

Want to hoard a resource from the broader market? Below shows what it would take given current listings.
MetaMetric Solutions | metametric.eth@MetaMetric_
We can see the framework of a resource driven economy in @OthersideMeta. A forward thinker playing the long game would try to corner the market in rare resources. Based on current listings, nearly 20% of four resources are available. #metaverse
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