Cool. Now do central banks.
Hasbro is being sued by its own shareholders for printing so many damn Magic cards, 'destroying the long-term value of the brand'
I turned 7 years old the day this happened.
August 15, 1971. President Nixon went on TV and gave the news that the promise had been broken. US Dollars would no longer be redeemable for gold.
Following Monday: Stocks pumped 25%.
They engaged the money printer and the decline of the USD began in earnest.
I really look with commiseration over the great body of my fellow citizens who, reading newspapers, live and die in the belief that they have known something of what has been passing in the world of their times.
- Thomas Jefferson.
My old pal Terence McKenna from 1998 with remarkable thoughts on AI. He was far ahead of his time.
To his left is mathematician Ralph Abraham, the father of Chaos Theory. To his right Rupert Sheldrake, Cambridge biochemist.
“Beware of overconcern for money, or position, or glory. Someday you will meet a man who cares for none of these things. Then you will know how poor you are.”
- Rudyard Kipling
This is AI generated video. It's very realistic, enjoyable and compelling.
In hindsight, before AI videos we had a kind of golden age for the evidence of things. Pre-AI video gave us a shared connection and objectivity about the world. As video becomes so easily faked, it reverts us into a kind of communication dark age.
I don't know what it means or where it leads.