Understanding Milton Friedman's stance. Former Fed chair Ben Bernanke popularized helicopter money. But a recent article from David Reavill misunderstands and misrepresents the late economist Milton Friedman's position. Friedman coined the term as a thought experiment in his essay (now book) The Optimum Quantity of Money and Other Essays (1969). David Reavill said: "I first … Continue reading ‘Helicopter Money’ Explained by Milton Friedman GPT.
Tag: blog
First Principles Explained by MultiReasoningGPT.
First Principles is a phrase Elon Musk loves to tout about often in interviews as this was a common and his favorite method of reasoning when figuring out how to solve problems whether it's for engineering or running his business efficiently and sufficiently like driving the cost of building rockets down for SpaceX. I think … Continue reading First Principles Explained by MultiReasoningGPT.
Explaining Racial Inequality in Higher Education Using SocioScopeGPT.
The other day when I was having a discussion with ChatGPT to remember a past insight I had on the housing feedback loop, I had the thought to create a custom GPT to explain complexities, because we live in a very highly developed complex society. Thus, rather than focusing on a simple piece of the … Continue reading Explaining Racial Inequality in Higher Education Using SocioScopeGPT.
Two versions of the same essay – In Defense of Self-Interest: Why Greed Is Misunderstood Beyond Economics by ChatGPT.
Version 1: In Defense of Self-Interest: Why Greed Is Misunderstood Beyond Economics Self-interest, and its more provocative cousin "greed," are among the most maligned concepts in public discourse. Outside of economics and social sciences, these terms often evoke imagery of ruthless tycoons, broken communities, and unchecked capitalism. But beneath the caricatures lies a far more … Continue reading Two versions of the same essay – In Defense of Self-Interest: Why Greed Is Misunderstood Beyond Economics by ChatGPT.
A quick overview of Paul Krugman’s post and ChatGPT modernizing Hume’s economic essay.
I was reading Paul Krugman's quick Substack post today on why we don't need to worry or panic so much of the nation's (US) trade deficit. He makes the case that America now "has a president who is obsessed with trade imbalances." This protectionist attitude and changing the financial landscape is cheered on and supported … Continue reading A quick overview of Paul Krugman’s post and ChatGPT modernizing Hume’s economic essay.
Vibe Theorizing with LLMs will be the new Vibe Coding.
Scientific exploration with AI will become the norm. Vibe coding is a new concept that has been added to our lexicon into contemporary culture. VC for short, is a small snippet into how technology like AI/LLM will transform our culture, the internet, social media, and how we interact with other and interact technology itself in … Continue reading Vibe Theorizing with LLMs will be the new Vibe Coding.
Armchair Validity Essay by ChatGPT.
// A persuasive essay as to why ignore the critics who calls someone an armchair scientist. One of the most frustrating and misguided dismissals in intellectual discourse is labeling someone as an "armchair economist" or "armchair scientist," implying their perspectives lack validity because they don't involve direct fieldwork or hands-on experience. This criticism fundamentally misunderstands … Continue reading Armchair Validity Essay by ChatGPT.
“The Ouroboros Fund” Private Equity and Pension Funds.
I was watching a 2019 interview with Aaron Glantz, who wrote a book called Homewrecker about how a handful of politically connected financiers—including Steve Mnuchin, Wilbur Ross, and Blackstone executives—profited immensely off the 2008 housing collapse. A women in the audience asked him a question that was reminiscent to one of my insights when I … Continue reading “The Ouroboros Fund” Private Equity and Pension Funds.
The Science Wars: Postmodernism [AI Video].
Sam Altman Acknowledges ChatGPT’s Creative Writing Skills and I Made ChatGPT Write one about LSD.
Sam Altman posted on X a metafictional story by a new trained model of ChatGPT that is yet to be released to the public, I imagined. This is the first time where he is awestruck by the results. Yet, in my own experience I've seen a lot of glimpses of creativity by ChatGPT, whether going … Continue reading Sam Altman Acknowledges ChatGPT’s Creative Writing Skills and I Made ChatGPT Write one about LSD.
You must be logged in to post a comment.