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Cake day: July 2nd, 2023

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  • Paul Krugman: A famous economist and Nobel Prize winner claimed in 1998 that by 2005 the internet would have no greater impact than the fax machine on global economics. This claim was based on a counterargument he had made regarding Metcalfe’s Law, which states that the sum of connections in any network is the square of its participants; Krugman argued that this model was flawed regarding the internet - most people had nothing to say to one another




























  • Haha indeed! This will really become a very interesting application of the idea that history repeats itself - will AI really be different enough from previous technological advances to require different rules? Or will it be subject to the same technophobe vs. futurist arguments that always lead to gentle and inevitable integration? I’m reminded of how in some places when cars were first invented a bloke would have to walk in front of them slowly with flags to warn pedestrians and horses of the oncoming dreaded automobile