Viewing profile — benl

You seem to have misunderstood my comment.

Yes. There are probably a dozen or more across the SP500 and Russel 2000 that will 10-100x in the next 5-10 years. The trick is to be able to identify them!

Those funds are not whole market funds. But there are things to say about your point too. I’ve commented on that in other threads.

Well yes it will be hard, and hence maybe not economical, and that’s why many people are skeptical of the business case (myself included btw). But satellite cooling already exists …

The bet is that demand for AI tokens will continue to grow exponentially. And that SpaceX will be able to deploy and rent out GPUs to serve those tokens faster than anyone else. Th…

If whole market means whole market, then such investments are exposed to companies who are fairly valued, companies who are massively overvalued, and companies who are massively un…

SpaceX is valued at that revenue multiple because of its expected revenue growth rate. This deal is part of that revenue growth. So the new revenue would be already partially or ev…

But the SPCX float is a small fraction of its overall shares. So it will end up being around 0.08% to 0.12% of the weight of the SP500 [1]. Nothing to write home about. Personally,…

Technically I think this would be fairly straightforward. You could keep the index fund and then short the stock you believe is overvalued, to the degree it's weighted in the index…

£10,000 per year for Mr Darcy is 10,000 gold sovereigns per year. A gold sovereign at spot price today is about $1,100. So that’s over 10 million dollars per year in gold-equivalen…

Yes, launch cost is the crux of the matter. My skepticism is based on whether they’ll be able to get launch cost low enough and launch cadence high enough. SpaceX has shown the abi…

Data centers in space may or may not make sense (personally I'm quite skeptical) but the objections in the article certainly don't make sense. 1. The only reason there are 15,000 s…

Your explanation of finding a surface to separate good reasoning traces from bad reasoning traces in a high dimensional space worked as a great framing of the problem. It seems tho…

> Sydney > Venom > Fury > Riley "My name is Legion: for we are many"

Darkness is the absence of light. In this usage light would represent a moral agent, and so darkness is its absence - either no morality or no agency or both.

True Due Date is great, thank you for making it! My wife is pregnant and, because the nearest maternity unit is 1hr45mins drive away, we're going to rent a place near it around the…

I found “Aristotle for Everybody” by Mortimer J. Adler to be really great. The topic of the immateriality of the intellect is covered in the last few chapters, but the rest of it i…

You might be more familiar with the field than me, but my understanding is that’s Dennett position is not well-thought-of in the fields of philosophy of mind and metaphysics. At th…

I’ll try because you asked me to, but i think I’ll do a bad job. You’ll get a much better understanding by reading on the topics of philosophy of mind and metaphysics. Here goes, t…

Yes, I used to hold that view too. But actually it turns out that the null hypothesis is that mind is at least partly immaterial, because all attempts to demonstrate the opposite p…

That’s right - we have minds therefore we must be more than just matter. I used to think the opposite, but reading the philosophy on the subject changed my mind. There are a lot of…

I used to be a believer of the theory that we are super sophisticated machines. When I read some of the philosophy on the subject I changed my mind. I now believe there must be som…

If you strip out the AGI hype then this just sounds like OpenAI is now moving to monetizing their tech. This makes sense for them but probably not for the philanthropists who origi…

The Crown of Thorns is kept in the treasury at Notre Dame and was due to be displayed all day this Friday for Good Friday. How it ended up there is an interesting tour of European …