Come hear Steven Coltman grill me about business and AI. Steven promised me it will NOT be an easy ride for me, so if you enjoy seeing me crack under stress, tune in to hear more about how AI can add value to companies
Beautiful thread on scams in the crypto world, including the ‘moral hazard’ term
If you invest other people’s money there’s a well-known perverse incentive to take on riskier positions because the incentive of your pay is performance-based and tied to outsized returns. And you personally see none of the downside if the positions fail.
Whenever I read Wikipedia, I get the same feeling I had when I read “Der Mann Ohne Eigenschaften”.
You want to know more about the grand unifying concept, but all you read is “an Inquiry for the Drafting of a Guiding Resolution to Ascertain the Desires of the Concerned Sections of the Population.'
Today’s example is the Wikipedia page for ITIL:
“ITIL describes processes, procedures, tasks, and checklists which are neither organization-specific nor technology-specific, but can be applied by an organization toward strategy, delivering value, and maintaining a minimum level of competency. It allows the organization to establish a baseline from which it can plan, implement, and measure. It is used to demonstrate compliance and to measure improvement.”
I still fondly remember my course in topology at the university (“We study the properties of open sets”, and I was sold), but Arjan van den Heuvel brings it to the next level with an article about the design of a Data & AI organization and team topologies.