Yann LeCun, VP & Chief AI Scientist at Meta, made an interesting post on LinkedIn about AI world models: Post | Feed | LinkedIn. The short post may just be one of the most important posts on AI. “World models should not be generative.” I always knew this was the case, but it is great to see empirical confirmation. If one is willing to go beyond the mere empirical, he may start to see the… Read More »“(AI) World models should not be generative”
Behrad Babaee, a technology evangelist in Aerospike, writes about why he changed his mind about blockchain: Why I Changed My Mind About Blockchain – The New Stack The article gives insights on database scalability and how a scalable blockchain like BSV solves the problem. The good news is that top IT system architects in the world aren’t fooled by the crypto schemes. They even rightfully despise it. But the bad news is that they don’t… Read More »Discovering the real blockchain
My previous article BSV is the original Bitcoin and the only genuine Bitcoin caused a bit more scaling debate. Some BTC supporters say that BTC can always scale when needed, implying that BTC can always scale by relaxing the block size limitation in the future. After all, isn’t it just a matter of lifting an artificial restriction? But the very idea of “big blocks” contradicts BTC’s foundational narrative. Besides, scaling is more than just big… Read More »Scaling is more than big blocks
I’m not promoting BSV the coin. I’m not promoting any coin. In fact, I hate cryptocurrencies the way they are today because the whole crypto exchange ecosystem is cancerous socially, economically, and technologically. I’m here to support the BSV blockchain and its technology. I am for utility, productivity, and sustainability. If another chain proves to be more scalable, efficient, and reliable, my mind will pivot before my heart does. The following are three points I… Read More »BSV is the original Bitcoin and the only genuine Bitcoin
TikTok is based on the realization that over 90% of digital information consumers are simply “digital pigs” who will eat whatever is fed to them. I don’t wish to comment on the politics behind TikTok controversy, but here is the founding philosophy behind TikTok: ByteDance, the parent company of TikTok, was founded in China in 2012 by Zhang Yiming and Liang Rubo based on an “epiphany” from their observation of the field of digital information:… Read More »TikTok and the digital info pig field
Dr. Owen Vaughan of nChain has published and presented his work on Universal Blockchain Assets. The Universal Blockchain Assets (UBA) is a novel protocol for issuing and transferring tokens across blockchains without the need for a trusted third party or cross-chain bridge. In the UBA scheme, the blockchain is used for double-spend protection only, while the authorization of token transfers is performed off-chain. Due to the universality of the approach, it works in almost all blockchain… Read More »Universal Blockchain Assets
Not all government spending is bad, but using government spending to “create jobs” and stimulate consumption as a means to stimulate the economy is bad. The spending may have some immediate effect of making it less recessionary, but it is like prescribing steroids to a weak patient. After the immediate effect dies out, the ugly end of reality exposes itself. Government overspending directly causes inflation. Such stimulation’s net effect is always inflation and empty asset… Read More »Government overspending is poisonous economic policy
In contrast to a corrupt future of the world exploited by crypto, the real Bitcoin blockchain is creating a different one. Crypto does not represent the true blockchain technology. It is a distortion at best. With its promotion of outright open Ponzi schemes, it is a fraudulent misrepresentation. In contrast to crypto, the future of true blockchain technology paints a healthy picture of a world supported by a New Internet integrated with blockchain. Regardless of… Read More »The future of blockchain
The crypto industry is largely an empty bubble that will burst. Economic and financial bubbles are interesting phenomena to study. The ‘physics’ of bubbles is quite universal. The crypto bubble may seem unique, but it obeys the same law of bubbles. The trans-bubbles The most spectacular bubbles take advantage of both an expanding force and a squeezing force. The former attracts participants by taking advantage of people’s nearsightedness and greed, but the latter forces out… Read More »Crypto and trans-bubbles
In the current Artificial Intelligence (AI) development, Meta comes out competing on a different principle: opensourcing AI. Some worry that opensourcing AI would enable illicit actors (both state and private actors) to do harm. I have not formed an opinion about Meta’s open-sourcing AI, but this pushing back with a comparison between bioweapons and AI is dubious at best. When it comes to physical weapons, decentralization is proliferation. You get bombed not because you agreed with the… Read More »AI and data decentralization