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Who is Sam Altman?

  You may have heard Sam Altman on a news broadcast last weekend. Of course, you may not.  There was a lot else going on: two wars, with potentially important developments in each, as well as a guilty plea from the founder of Binance, launch of a spy satellite by the always-popular North Korean regime, and so forth and so on.  Amidst all of this, the board of directors of a company founded by Sam Altman to research artificial intelligence in a publicly transparent way, aptly called OpenAI, fired Altman. And they did so for no very clearly stated reason. Altman, though, went to Microsoft for assistance. Microsoft offered him a job heading its own AI push, and most of the employees of Altman's old company, OpenAI, threatened to quit if the board didn't persuade their old boss to come back. The implication was that they felt confident enough to quit because the new expanded MS operation headed by their old boss would happily take them on.    Altman may have the min...

One Tin Soldier

song called "One Tin Soldier," performed by various artists and harmonically close kin to Pachelbel's Canon, was very big in North America in the early 1970s.  I remember thinking it was incredibly stupid, and making myself obnoxious on this subject to a couple of the song's admirers. [If you happen to read this -- sorry guys.] Upon reflection, I don't know why it struck me that way. But, for the record, it was the soundtrack version, from Billy Jack, that especially annoyed me.  Anyway, just for old time's sake and to make up for a hasty judgment of my callow youth, here is the refrain: Go ahead and hate your neighbor/ Go ahead and cheat a friend Do it in the name of heaven/You can justify it in the end There won't be any trumpets blowing/ Come the judgment day On the bloody morning after one/ tin soldier rides away. 

God bless antihistamine

  God bless you" is a polite response to a sneeze in the American English vernacular.  May "God bless antihistamines," then, by the same token as he blesses sneezers. I would love to know a little of the history behind the biochemical marvel of antihistamines.  Yes, I went to the wikipedia article on the subject but don't understand it.  Thank you!

The Significance of Tether

  "As I thought more about the giant volcano of crypto bullshit erupting at Crypto Bahamas, I realized that Tether was its molten core. Each scheme depended on exchanges like FTX to enable investors to buy and sell their tokens. And those exchanges in turn counted on Tether as a crucial connection to real US dollars. Without Tether, it was possible this entire economy would never have developed."   Zeke Faux, NUMBER GO UP, p. 135. Well, perhaps that is an overstatement.  Someone else would have come up with something similar had the founders of Tether -- Brock Pierce, Reeve Collins, and Craig Sellars -- all been busy on quite different paths. Somebody would have created coins that stayed close in value to the US dollar, while otherwise bearing the technological features of the cryptos, otherwise very volatile against the dollar.  Still: Faux's book is largely a tale of how the Tether coin was built on a lie -- that there was a one-to-one relationship between ev...

Lord Hintze sails off into the sunset

 CQS is a London based investment concern founded in 1999 by Michael Hintze. He is also known as Lord  Hintze, and as of this writing he remains CQS' chairman of the board.  Hintze --pictured here -- also runs a hedge fund, which has been something of a side gig for him. It is called the Directional Opportunities Fund.  As it happens, Toronto, Canada based giant Manulife Investment Management is buying out CQS, in a deal set to close early next year.  Lord Hintze seems poised, and happy, to go his own way. In a statement, he said:  “I’m delighted that CQS has found the right partner in Manulife Investment Management. It provides a long-term platform that will enable CQS to thrive as a leading alternative credit manager for years to come under Soraya’s exceptionally able leadership. I will now focus full-time on running the Directional Opportunities Fund, an opportunity that I am excited about. I wish Soraya and the CQS team every success as they embark on t...

Effective Altruism: The short course

I mentioned "effective altruism" in one of my posts about Michael Lewis. I'm going to circle back on that now.  What the heck is it?  In essence, it is a theory that has branched off of the strict utilitarianism, of Peter Singer, under the slogan (not Singer's) of "earn to give."   The idea: people with the skill to take very high earning jobs, (to run hedge funds) and who have utilitarian convictions, should take those jobs. They would waste their efforts and utilitarian convictions caring for the ill or digging water wells in parts of the underdeveloped world.  No: they should do the Wall Street wheeling and dealing, earn lots of money, and then use it altruistically. They can PAY people to dig water wells.     Further: effective altruism (EA) has tended to take a very long-term view of things. The utility of people who won't be born for another 500 years is as important as that of people alive today. This argument is key to the work of William ...

In memory of Matthew Perry

  As a fitting remembrance of the late Matthew Perry,  the fellow who brought Chandler Bing to life, allow me to reflect in academic form on a contradiction at the heart of the FRIENDS' theme song.  The first line of the first verse: No one ever told you life was gonna be this way seems in pretty direct conflict with the fifth line of the third verse: Your mother told you there'd be days like these.  The predicate of the two sentences is identical: "to tell."  The subject affirmed by the latter would seem pretty clearly to be included in the subject denied in the former. That is: Mom is somebody. And, considering the object case, life is a succession of days. Perhaps some philosopher could defend the song from the charge that there is a DIRECT contradiction in the lyrics by contending that the object case in the former sentence seems to refer to a more pervasive condition of "life" than simply that it contains "days like these."  But is it possible...