This article makes the claim that financial systems are opaque in order to help us overcome our risk aversion: > Opacity is not something that can be reformed away, because it is essential to banks’ economic function of mobilizing the risk-bearing capacity of people who, if fully informed, wouldn’t bear...
This paper discusses the Fermi Paradox in the context of civilizations that can build self-replicating probes (SRPs) to explore/exploit the galaxy. In passing, it discusses some FAI-related objections to self-replicating machine intelligence. > One popular argument against SRPs is presented by Sagan and Newman (Sagan and Newman, 1983). They argue...
I came up with this puzzle after reading Vaniver's excellent post on the Value of Information. I enjoyed working it out over Thanksgiving and thought I'd share it with the rest of you. Your friend holds up a curiously warped coin. "Let's play a game," he says. "I've tampered with...
I picked this up in the new Kahneman book, Thinking, Fast and Slow. He describes a common characteristic of reasoning heuristics: rather than answer a difficult question, they substitute a simpler question with a more readily available answer. This is a common failure mode. Later that evening, my wife made...
(And somewhere in the back of his mind was a small, small note of confusion, a sense of something wrong about that story; and it should have been a part of Harry's art to notice that tiny note, but he was distracted. For it is a sad rule that whenever...
I'm in the process of searching for a new job. I'm currently employed, but I'm dissatisfied with my salary and career growth options. I've done a couple of phone interviews and one face-to-face interview already, with several others lined up next week. The face-to-face interview went well, and I'm anticipating...
http://nextbigfuture.com/2011/05/henry-markram-and-human-brain-project.html > Henry Markram says the mysteries of the mind can be solved -- soon. Mental illness, memory, perception: they're made of neurons and electric signals, and he plans to find them with a supercomputer that models all the brain's 100,000,000,000,000 synapses. Markram's TED talk: http://www.ted.com/talks/henry_markram_supercomputing_the_brain_s_secrets.html