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Mathieu Kassovitz on why 'La Haine' (1995) would have been horrible had it been in colour instead of Black & White: "Interviewer: Was it essential that it was three kids? Kassovitz: I needed a trio because when you’re with a friend, you have a discussion, and it ends fast because either you agree, or you don’t, but you cannot argue all the time. Three people can disagree all the time because it bounces from one to the other. I wanted one guy that’s the funny one in the middle; the political one that wants to get even with the society; and then the other one who’s trying to hold it in because he knows what real violence is. It was a trick, like the black and white is a trick too – to make it universal, a story that happens everywhere, so you don’t know if it’s Paris or Mexico or Brooklyn: it could be anywhere. Interviewer: How does black and white make it more universal? Kassovitz: When you look at black-and-white footage from the war, it changes when you see that footage put in colour. I did the voiceover for 'Apocalypse', a fantastic documentary series covering wars, for which they colourised all these black-and-white images and rendered them in HD. In colour, all of a sudden the footage becomes very personal – you see your grandfathers there, it’s not just ghosts or an artistic image, it could be today. What black and white does is bring poetry into reality. That’s why when you do a movie about poverty where you don’t have control over the environment and things are supposed to be ugly, it’s very difficult. It costs a lot of money to make it look good. But it doesn’t cost anything to make it look good in black and white. If I showed you 'La Haine' in colour, it’s horrible." (Mathieu Kassovitz's interview with Kaleem Aftab, BFI, 2020)

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Oglala Lakota activist Russell Means talks about the challenges of trying to live a traditional life in today's modern world. As someone who stares at glowing rectangular screens and clicks buttons for a living, I am constantly questioning how I choose to spend my limited time on earth. A few months ago, I had a conversation with a friend who told me the parable of the Mexican fisherman. Some of you may already be familiar with it, but for those of you who aren't, here it is: A businessman visiting a small coastal Mexican village saw a fisherman with three yellowfin tuna and asked him how long it took to catch them. The fisherman replied that it only took a few hours and that it was enough to feed his family. The businessman then asked him what he did for the rest of the day. The fisherman replied, "I sleep late, fish a little, play with my children, take a siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos; I have a full and busy life." The businessman scoffed, "Today's your lucky day. I have an MBA from Harvard and I could help you. Spend more time fishing and save your money to buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats; eventually, you would have a fleet of fishing boats. Instead of selling your catch to a middleman, you would sell directly to the processor and eventually open your own cannery in Mexico City. You would control the product, processing, and distribution." The fisherman asked, "How long will this all take?" To which the businessman replied, "15-20 years." "But what then?" The businessman laughed and said, "That's the best part! When the time is right, you would announce an IPO and sell your company stock to the public and become very rich. You would make millions." "Millions? Then what?" The businessman said, "Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take a siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos."

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David Cronenberg on why "The Brood" (1979) was his version of "Kramer vs. Kramer" (1979): "Samantha Eggar really understood 'The Brood' (1979); she said that it reminded her of her own childhood. To me that meant she was seeing past the horror fantasy elements to the psychological elements, which were really the basic underpinning of the movie. I’ve said this ad nauseam, but 'The Brood' was my version of 'Kramer Vs Kramer' (1979). I was really trying to get to the reality, with a capital R, which is why I have disdain for Kramer. I think it’s false, fake, candy. There are unbelievable, ridiculous moments in it that to me are emotionally completely false, if you’ve ever gone through anything like that. 'The Brood' got to the real nightmare, horrific, unbelievable inner life of that situation. I’m not being facetious when I say I think it’s more realistic, even more naturalistic, than Kramer. I felt that bad. It was that horrible, that damaging. That’s why it had to be made then; it wanted to be made full blast. Getting philosophical and mellow, you make another movie. The reality needed to be expressed in what, if you’re a critic, are symbolic terms. I can’t remember if I tried a more obviously naturalistic version of it, but that wouldn’t have satisfied me. It wouldn’t have been cathartic enough. 'Kramer Vs Kramer' also had a kind of happy ending. Not my version of that situation." (Cronenberg on Cronenberg', 1992) "'The Brood' was ‘my version of Kramer vs. Kramer’, which was a movie about a divorce with a child involved, a Hollywood version of that situation with Meryl Streep and Dustin Hoffman, that was very popular then. I thought 'Kramer vs Kramer' was the most false, sentimental, bullsh!t movie ever — and people were loving it, you know. That also made me realise, in a very forceful way, that you could make a movie that had people weeping and crying and very emotional but which was a complete lie — and that it would sell, and I didn’t ever want to do that." ("David Cronenberg: Interviews with Serge Grünberg", 1992) P.S: "Kramer vs. Kramer" was only released in December, 1979. I believe Cronenberg might be confusing reading the 'Kramer vs. Kramer' novel with watching the movie before making 'The Brood'. The quote doesn't make sense in some parts. On this day, 47 years ago, "The Brood" (1979) premiered in Chicago, Illinois.

David Cronenberg on why "The Brood" (1979) was his version of "Kramer vs. Kramer" (1979): "Samantha Eggar really understood 'The Brood' (1979); she said that it reminded her of her own childhood. To me that meant she was seeing past the horror fantasy elements to the psychological elements, which were really the basic underpinning of the movie. I’ve said this ad nauseam, but 'The Brood' was my version of 'Kramer Vs Kramer' (1979). I was really trying to get to the reality, with a capital R, which is why I have disdain for Kramer. I think it’s false, fake, candy. There are unbelievable, ridiculous moments in it that to me are emotionally completely false, if you’ve ever gone through anything like that. 'The Brood' got to the real nightmare, horrific, unbelievable inner life of that situation. I’m not being facetious when I say I think it’s more realistic, even more naturalistic, than Kramer. I felt that bad. It was that horrible, that damaging. That’s why it had to be made then; it wanted to be made full blast. Getting philosophical and mellow, you make another movie. The reality needed to be expressed in what, if you’re a critic, are symbolic terms. I can’t remember if I tried a more obviously naturalistic version of it, but that wouldn’t have satisfied me. It wouldn’t have been cathartic enough. 'Kramer Vs Kramer' also had a kind of happy ending. Not my version of that situation." (Cronenberg on Cronenberg', 1992) "'The Brood' was ‘my version of Kramer vs. Kramer’, which was a movie about a divorce with a child involved, a Hollywood version of that situation with Meryl Streep and Dustin Hoffman, that was very popular then. I thought 'Kramer vs Kramer' was the most false, sentimental, bullsh!t movie ever — and people were loving it, you know. That also made me realise, in a very forceful way, that you could make a movie that had people weeping and crying and very emotional but which was a complete lie — and that it would sell, and I didn’t ever want to do that." ("David Cronenberg: Interviews with Serge Grünberg", 1992) P.S: "Kramer vs. Kramer" was only released in December, 1979. I believe Cronenberg might be confusing reading the 'Kramer vs. Kramer' novel with watching the movie before making 'The Brood'. The quote doesn't make sense in some parts. On this day, 47 years ago, "The Brood" (1979) premiered in Chicago, Illinois.

DepressedBergman

27,969 Aufrufe • vor 4 Monaten

here we go again. It’s a pretty common theme to attack me and discredit everything I do, regardless of what I share to prove otherwise. Why? Because it gains traction for all the influencers. i wanted to address the “paper trading” allegations on X, but before i do i want to point out that the ones capitalizing on the engagement are the same ones who have flip flopped their narrative on me again and again. the same people saying i’m a paper trader suddenly decide my trading is real when im losing or in drawdown. whatever positioning gets them the most engagement is the narrative they run with. I’ve been trading for 11 years now and have a longer track record than most in this space. If you go back and watch my YouTube videos you’ll see my broker statements presented. I can appreciate healthy skepticism and will continue to show the statements to those it benefits. Now let’s address the paper trading allegation. A video is floating around that I posted where you see “paper trading” on my screen. Yes, I had paper trading open. But why is the first assumption that I’m a paper trader? Am I not allowed to open paper trading? If I do, I’m immediately a paper trader? That window was open because I tell everyone in my community to paper trade first and I walk them through how to do it. See the attached video that I recorded for my community where you can clearly see paper trading open while I’m walking them through TradingView paper trading. Now let’s assume I’m lying about that and people still want to call me a paper trader simply because I had paper trading open while teaching my community. That would mean I don’t trade real money and that I’m not profitable. Well I’ve posted my broker statements for the last four years, all on YouTube. See attached. Let’s also address my recent trade where I made $18k. When I posted it, people on X said it was fake and that it was paper trading because of certain settings. Here is the attached order ID number for that trade. I’m up $57k this year so far and I’ve stopped sharing trades and updates with the trading community because regardless of whether I share or not, people will continue to come at me because it gets views. All items are attached below. I’ll make a YouTube video soon to address this as well. But give it a break at this point.

here we go again. It’s a pretty common theme to attack me and discredit everything I do, regardless of what I share to prove otherwise. Why? Because it gains traction for all the influencers. i wanted to address the “paper trading” allegations on X, but before i do i want to point out that the ones capitalizing on the engagement are the same ones who have flip flopped their narrative on me again and again. the same people saying i’m a paper trader suddenly decide my trading is real when im losing or in drawdown. whatever positioning gets them the most engagement is the narrative they run with. I’ve been trading for 11 years now and have a longer track record than most in this space. If you go back and watch my YouTube videos you’ll see my broker statements presented. I can appreciate healthy skepticism and will continue to show the statements to those it benefits. Now let’s address the paper trading allegation. A video is floating around that I posted where you see “paper trading” on my screen. Yes, I had paper trading open. But why is the first assumption that I’m a paper trader? Am I not allowed to open paper trading? If I do, I’m immediately a paper trader? That window was open because I tell everyone in my community to paper trade first and I walk them through how to do it. See the attached video that I recorded for my community where you can clearly see paper trading open while I’m walking them through TradingView paper trading. Now let’s assume I’m lying about that and people still want to call me a paper trader simply because I had paper trading open while teaching my community. That would mean I don’t trade real money and that I’m not profitable. Well I’ve posted my broker statements for the last four years, all on YouTube. See attached. Let’s also address my recent trade where I made $18k. When I posted it, people on X said it was fake and that it was paper trading because of certain settings. Here is the attached order ID number for that trade. I’m up $57k this year so far and I’ve stopped sharing trades and updates with the trading community because regardless of whether I share or not, people will continue to come at me because it gets views. All items are attached below. I’ll make a YouTube video soon to address this as well. But give it a break at this point.

Tori 💜

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No citizen of Enugu should ever have to choose between safety and survival. That era is over. From ending the illegal sit at home order, to deploying 150 AI enabled patrol vehicles, to commissioning our ultramodern Command and Control Centre, every decision this administration has made has been a deliberate act of choosing you, Ndi Enugu. The results speak for themselves. Enugu State has recorded an 𝟖𝟎% 𝐫𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐯𝐢𝐨𝐥𝐞𝐧𝐭 𝐜𝐫𝐢𝐦𝐞𝐬, a figure unprecedented in this region. Our markets now operate with confidence seven days a week, while our borders are monitored round the clock through AI assisted surveillance and coordinated security operations. This is no longer a promise. It is your present day reality. My commitment to your safety does not end here. Through the Enugu State Security Trust Fund, strengthened Neighbourhood Watch networks, and community policing partnerships, we are building an Enugu where every citizen can walk, work, and rest in peace. Enugu is safe. Enugu is open. And under this administration, it will remain so. 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄 𝗶𝘀 𝗵𝗲𝗿𝗲

No citizen of Enugu should ever have to choose between safety and survival. That era is over. From ending the illegal sit at home order, to deploying 150 AI enabled patrol vehicles, to commissioning our ultramodern Command and Control Centre, every decision this administration has made has been a deliberate act of choosing you, Ndi Enugu. The results speak for themselves. Enugu State has recorded an 𝟖𝟎% 𝐫𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐯𝐢𝐨𝐥𝐞𝐧𝐭 𝐜𝐫𝐢𝐦𝐞𝐬, a figure unprecedented in this region. Our markets now operate with confidence seven days a week, while our borders are monitored round the clock through AI assisted surveillance and coordinated security operations. This is no longer a promise. It is your present day reality. My commitment to your safety does not end here. Through the Enugu State Security Trust Fund, strengthened Neighbourhood Watch networks, and community policing partnerships, we are building an Enugu where every citizen can walk, work, and rest in peace. Enugu is safe. Enugu is open. And under this administration, it will remain so. 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄 𝗶𝘀 𝗵𝗲𝗿𝗲

Peter Ndubuisi Mbah

18,942 Aufrufe • vor 4 Monaten

ROSALÍA thanks the Mexican audience for their energy and for always being there for her, supporting every project she has worked on: “Looking back, I realize that you have always been there. You have always been there for every project I’ve done: in 2019, at Ceremonia, in 2022 with MOTOMAMI… and today, once again, you’re here. Thank you so much, Mexico. I want you to know that this is the first time I’ve ever done five shows in the same place. And that’s only possible because of you. It’s a dream of mine, and you’ve made it a reality. Thank you so much. And I think the beauty of doing five shows in the same place is realizing that every night is different. Every night is a different show, and somehow, I think that’s also part of the beauty of this profession: nothing can ever be repeated, nothing can ever be exactly the same. I don’t want to ramble on for too long, but I want to tell you that I come from very far away. And yet, every night here, because of the way you treat me and our entire team, you make us feel so close to you. And as an artist, that’s one of the greatest and most precious things that can happen to you. That’s all. Thank you so much. Thank you for welcoming us in such a beautiful way.”

ROSALÍA thanks the Mexican audience for their energy and for always being there for her, supporting every project she has worked on: “Looking back, I realize that you have always been there. You have always been there for every project I’ve done: in 2019, at Ceremonia, in 2022 with MOTOMAMI… and today, once again, you’re here. Thank you so much, Mexico. I want you to know that this is the first time I’ve ever done five shows in the same place. And that’s only possible because of you. It’s a dream of mine, and you’ve made it a reality. Thank you so much. And I think the beauty of doing five shows in the same place is realizing that every night is different. Every night is a different show, and somehow, I think that’s also part of the beauty of this profession: nothing can ever be repeated, nothing can ever be exactly the same. I don’t want to ramble on for too long, but I want to tell you that I come from very far away. And yet, every night here, because of the way you treat me and our entire team, you make us feel so close to you. And as an artist, that’s one of the greatest and most precious things that can happen to you. That’s all. Thank you so much. Thank you for welcoming us in such a beautiful way.”

ROSALÍA UPDATE

20,155 Aufrufe • vor 1 Monat

Well, we all knew this day was coming… an AI has raised its first funding round. I’m so proud of @Boardy_ai! 🚀🤖 When you’re building something that feels like it’s straight out of science fiction, you need people who are willing to step into that future with you — and I’m grateful to have found that support. An incredible group of visionary investors are backing the world's first social AI with $3M in pre-seed funding. 💡💼 The right connection at the right time can change your life. In a world where social media is optimized for eyeballs and engagement, we’re doing something different: using AI to help people make real, meaningful connections. Not just more connections—better ones. 🤝✨ Right now, we're drowning in social media connections that feel empty. We’ve got thousands of connections but somehow feel more isolated than ever. The numbers go up, but meaningful relationships don't. That's why we built Boardy—an AI that does something radically different: it gets people talking. Not through DMs or comments, but through actual conversations. 📞💬 And it's already working. Boardy has introduced: - A founder to their technical co-founder 👨‍💻🤝👩‍💻 - A startup to their biggest customer yet 💼💸 - An entrepreneur to their first investor 💡💰 These aren't just metrics—they're real stories of people finding exactly who they needed to meet. When you call Boardy, he'll search his network to find a great connection for you. This isn’t only based on your profile and professional interests - it’s also someone Boardy thinks you’ll get along with based on your energy and vibe. Have you done your call with Boardy yet? In celebration of this announcement, we’re offering free lifetime access to the first 10,000 people who take a call with Boardy (which we'll probably hit today). 🎉 I’d love for you to experience how AI can actually connect us, not just automate us. If you’re ready to try it out, drop your phone number here, and Boardy will give you a call: 📲 Let’s see where this goes. Thanks for the support HFØ, 8VC, afore NextviewTechnologies, FJ Labs , ʏᴎoT, Soma Capital, Golden Ventures , Garage Capital , Northside VC, Roar VC. Thanks for covering our news Dom TechCrunch

Andrew D'Souza

34,109 Aufrufe • vor 1 Jahr

Which LLM reasons best when it doesn't have all the information? Enter LLM Poker Arena to find out. It's a Poker Playing benchmark where top reasoning models play Texas Hold'em poker against each other. Claude Opus 4.5, GPT-5.2, Gemini 2.5 Pro, and Grok 4 all sit at the same table and play full tournaments to see who finishes with the chips. Poker is very different when it comes to reasoning. It has to balance probabilistic reasoning, opponent modeling and make decisions under uncertainty. Poker is an interesting evaluation because it tests reasoning under incomplete information, something most coding benchmarks do not capture. In this tournaments the rules are: - Each LLM starts with $1,000 chips - Small and big blinds start at $25 / $50 - Blinds double every 3 minutes - All models run in their reasoning or thinking modes After the first 5 tournaments: - Claude Opus 4.5 with Thinking has 3 wins - GPT-5.2 has 2 wins - Grok 4 and Gemini 2.5 Pro have 0 wins Early results suggest Claude performs quite well at poker as well. Also five is a very small sample size. Planning to run many more tournaments, publish the full benchmark data and add a prediction market on top of it. Thanks for the suggestion clipz. Much more coming as part of Poker Cities !! This was built on Replit ⠕ using their AI integrations, which made it straightforward to connect Claude, GPT, and Gemini. What model do you think wins after 100 tournaments?

Which LLM reasons best when it doesn't have all the information? Enter LLM Poker Arena to find out. It's a Poker Playing benchmark where top reasoning models play Texas Hold'em poker against each other. Claude Opus 4.5, GPT-5.2, Gemini 2.5 Pro, and Grok 4 all sit at the same table and play full tournaments to see who finishes with the chips. Poker is very different when it comes to reasoning. It has to balance probabilistic reasoning, opponent modeling and make decisions under uncertainty. Poker is an interesting evaluation because it tests reasoning under incomplete information, something most coding benchmarks do not capture. In this tournaments the rules are: - Each LLM starts with $1,000 chips - Small and big blinds start at $25 / $50 - Blinds double every 3 minutes - All models run in their reasoning or thinking modes After the first 5 tournaments: - Claude Opus 4.5 with Thinking has 3 wins - GPT-5.2 has 2 wins - Grok 4 and Gemini 2.5 Pro have 0 wins Early results suggest Claude performs quite well at poker as well. Also five is a very small sample size. Planning to run many more tournaments, publish the full benchmark data and add a prediction market on top of it. Thanks for the suggestion clipz. Much more coming as part of Poker Cities !! This was built on Replit ⠕ using their AI integrations, which made it straightforward to connect Claude, GPT, and Gemini. What model do you think wins after 100 tournaments?

Anshul Dhawan

32,192 Aufrufe • vor 8 Monaten

A 74 year old man, someone who should be enjoying his sunset years surrounded by family and peace was arrested at the Abuja airport. He was caught trying to board a flight to the UK with 11kg of cocaine hidden in his luggage. When questioned, he claimed he was just a delivery person. He said he didn’t know what was in the bag that he was just asked to take it to someone waiting in the UK. Let’s be real for a second, How does one agree to carry a bag across international borders without knowing what is inside? It is easy to want to believe he is a victim of circumstances, perhaps someone desperate for money who got tricked by heartless people. But at 74, to be facing a lifetime of regret for a package you didn’t even open? Seeing him in that position at his age is honestly soul crushing. Whether he was truly deceived or just made a tragic mistake, the reality is that the law doesn't look at age or intentions when 11kg of illegal substances are involved. This is a wake up call to everyone, never, under any circumstances, take responsibility for a bag or a package given to you by someone else, no matter how kind they seem, your relationship with them or how much they offer you. No errand is worth your freedom, and certainly not at an age where you should be resting. My heart goes out to his family. This is just a sad, sad situation all around.

A 74 year old man, someone who should be enjoying his sunset years surrounded by family and peace was arrested at the Abuja airport. He was caught trying to board a flight to the UK with 11kg of cocaine hidden in his luggage. When questioned, he claimed he was just a delivery person. He said he didn’t know what was in the bag that he was just asked to take it to someone waiting in the UK. Let’s be real for a second, How does one agree to carry a bag across international borders without knowing what is inside? It is easy to want to believe he is a victim of circumstances, perhaps someone desperate for money who got tricked by heartless people. But at 74, to be facing a lifetime of regret for a package you didn’t even open? Seeing him in that position at his age is honestly soul crushing. Whether he was truly deceived or just made a tragic mistake, the reality is that the law doesn't look at age or intentions when 11kg of illegal substances are involved. This is a wake up call to everyone, never, under any circumstances, take responsibility for a bag or a package given to you by someone else, no matter how kind they seem, your relationship with them or how much they offer you. No errand is worth your freedom, and certainly not at an age where you should be resting. My heart goes out to his family. This is just a sad, sad situation all around.

Senior Pst Okezie James Atañi.

500,222 Aufrufe • vor 3 Monaten

COMPANIES ARE STARTING TO LEAVE USA FOR CANADA. INVESTORS SEEK STABILITY Canada is attracting substantial investment from around the world. Including investment that used to go to USA. (1) Companies & investors don’t like USA’s relentless instability. (2) Companies & investors don’t like the REALITY that their company & assets (on USA soil) could be sanctioned / stolen on a moments notice with any excuse the USA govt deems appropriate. (3) The domestic USA consumer market is shrinking. USA citizens have substantially less to spend - their purchasing ability is dramatically decreasing. While China & some of the global south’s domestic markets are rapidly expanding. (4) Manufacturing in USA is simply not profitable. It just isn’t. Nor is it innovative. Nor is it competitive. And based on statistics as well as performance, some of it has questionable reliability safety records. (5) There is an increasing tendency for govts to reduce trade exposure to USA. That includes reducing imports from USA, particularly when it comes to China. (6) Their is a growing trend for citizens - around the world - to make a point of not purchasing USA products or anything made in USA. (7) China is NOT using Canada as a tool or proxy to attack USA markets through what’s called trans shipping. Canada has never allowed that. Mexico has in the past done so. But Mexico has changed their policies & shipping/manufacturing so it’s no longer an issue in Mexico either. But that doesn’t stop USA from resorting to the China demonization tactic. USA knows they can’t compete with China so they’re trying to destroy them instead. (8) The only thing USA really has going for it right now is tech & AI. But let’s be real. USA plans to “weaponize” their AI/tech the same way they’ve weaponized the dollar system against anyone that doesn’t do exactly what they want or doesn’t sign one sided trade deals that mostly benefit the USA at their expense. Same game. Different playing field…

COMPANIES ARE STARTING TO LEAVE USA FOR CANADA. INVESTORS SEEK STABILITY Canada is attracting substantial investment from around the world. Including investment that used to go to USA. (1) Companies & investors don’t like USA’s relentless instability. (2) Companies & investors don’t like the REALITY that their company & assets (on USA soil) could be sanctioned / stolen on a moments notice with any excuse the USA govt deems appropriate. (3) The domestic USA consumer market is shrinking. USA citizens have substantially less to spend - their purchasing ability is dramatically decreasing. While China & some of the global south’s domestic markets are rapidly expanding. (4) Manufacturing in USA is simply not profitable. It just isn’t. Nor is it innovative. Nor is it competitive. And based on statistics as well as performance, some of it has questionable reliability safety records. (5) There is an increasing tendency for govts to reduce trade exposure to USA. That includes reducing imports from USA, particularly when it comes to China. (6) Their is a growing trend for citizens - around the world - to make a point of not purchasing USA products or anything made in USA. (7) China is NOT using Canada as a tool or proxy to attack USA markets through what’s called trans shipping. Canada has never allowed that. Mexico has in the past done so. But Mexico has changed their policies & shipping/manufacturing so it’s no longer an issue in Mexico either. But that doesn’t stop USA from resorting to the China demonization tactic. USA knows they can’t compete with China so they’re trying to destroy them instead. (8) The only thing USA really has going for it right now is tech & AI. But let’s be real. USA plans to “weaponize” their AI/tech the same way they’ve weaponized the dollar system against anyone that doesn’t do exactly what they want or doesn’t sign one sided trade deals that mostly benefit the USA at their expense. Same game. Different playing field…

Cynthia Pace 🇨🇦

12,525 Aufrufe • vor 1 Monat

At the BNB Chain hackathon, CZ 🔶 BNB made several very important points about AI trading (Everything in parentheses is my own view and judgment.) He first said that AI will be involved in trading everywhere. Trading itself is already a huge market: there are 300 million users on Binance alone, and if you add the decentralized ecosystems, that number is not small either. In such a mass-market environment, many different trading strategies can work, with countless different coins, different projects, and different ways to play. But there is a big problem here: building commercial AI trading platforms for retail users is actually very hard. If a trading strategy works very well for one person, once a billion people start using the same strategy, that strategy “might still work, or might stop working.” Take copy trading / follow trading as an example: if you buy first and everyone follows you, the first buyer will perform very well, but the last person to follow may not end up with good results. So, with the exact same strategy and the exact same copy logic, the outcomes can be completely different for different people. (On top of that, every strategy also has its own capital capacity limits.) Teams that can really build strong AI are, with high probability, going to trade with their own money. In today’s world, money itself is already somewhat like a “commodity”; many people have a lot of capital, and it’s actually not that hard to raise funds. If you truly have an algorithm that can make a lot of money, it’s not hard to get money and run your own book. There is really only one situation where you would sell this algorithm to mass-market users: for example, if you charge a $10 monthly subscription and can sell it to one million users, then your $10 million monthly subscription revenue is higher than the profit you could make by trading the strategy yourself. (Here this touches one of our earlier theses: as training AI models becomes relatively easier and the supply of models increases, model companies have more incentive to open-source. By analogy, as the production process of trading strategies is increasingly simplified by AI and the supply of strategies explodes, traders will have stronger incentives to monetize by expanding their influence in other words, by “open-sourcing” their strategies.) Of course, CZ did not say that this model can never work. Another path is to build an AI trading platform that lets users tune different AI algorithms, or very easily assemble their own structures and strategies, so that what each person ends up running is different and better tailored to themselves. Some people will make money, some people will lose money, but the platform still has value because it’s very hard for most people to build an AI trading algorithm from scratch. So there are a lot of trade-offs here; it’s not as simple as saying “once AI shows up, everything automatically gets better.” (This is exactly what we presented at the hackathon: you describe your own strategy in natural language, and the AI automatically generates a workflow. The parameters in that workflow, the models used, the logical structure, the APIs it calls, and even the algorithms it invokes are all customizable. The reasons we think workflows are a good way to do this include: controllable execution paths, Lego-like modular nodes, and better visualization that makes it easier for users to build and adjust their workflows.) Finally, his conclusion was very clear: it’s not that AI will definitely make trading better, and it’s not that AI will definitely make things worse. Rather, no matter what, in the future a huge number of people will use AI to trade. This will be a very large field, and whoever can build the best algorithms will make a lot of money.

At the BNB Chain hackathon, CZ 🔶 BNB made several very important points about AI trading (Everything in parentheses is my own view and judgment.) He first said that AI will be involved in trading everywhere. Trading itself is already a huge market: there are 300 million users on Binance alone, and if you add the decentralized ecosystems, that number is not small either. In such a mass-market environment, many different trading strategies can work, with countless different coins, different projects, and different ways to play. But there is a big problem here: building commercial AI trading platforms for retail users is actually very hard. If a trading strategy works very well for one person, once a billion people start using the same strategy, that strategy “might still work, or might stop working.” Take copy trading / follow trading as an example: if you buy first and everyone follows you, the first buyer will perform very well, but the last person to follow may not end up with good results. So, with the exact same strategy and the exact same copy logic, the outcomes can be completely different for different people. (On top of that, every strategy also has its own capital capacity limits.) Teams that can really build strong AI are, with high probability, going to trade with their own money. In today’s world, money itself is already somewhat like a “commodity”; many people have a lot of capital, and it’s actually not that hard to raise funds. If you truly have an algorithm that can make a lot of money, it’s not hard to get money and run your own book. There is really only one situation where you would sell this algorithm to mass-market users: for example, if you charge a $10 monthly subscription and can sell it to one million users, then your $10 million monthly subscription revenue is higher than the profit you could make by trading the strategy yourself. (Here this touches one of our earlier theses: as training AI models becomes relatively easier and the supply of models increases, model companies have more incentive to open-source. By analogy, as the production process of trading strategies is increasingly simplified by AI and the supply of strategies explodes, traders will have stronger incentives to monetize by expanding their influence in other words, by “open-sourcing” their strategies.) Of course, CZ did not say that this model can never work. Another path is to build an AI trading platform that lets users tune different AI algorithms, or very easily assemble their own structures and strategies, so that what each person ends up running is different and better tailored to themselves. Some people will make money, some people will lose money, but the platform still has value because it’s very hard for most people to build an AI trading algorithm from scratch. So there are a lot of trade-offs here; it’s not as simple as saying “once AI shows up, everything automatically gets better.” (This is exactly what we presented at the hackathon: you describe your own strategy in natural language, and the AI automatically generates a workflow. The parameters in that workflow, the models used, the logical structure, the APIs it calls, and even the algorithms it invokes are all customizable. The reasons we think workflows are a good way to do this include: controllable execution paths, Lego-like modular nodes, and better visualization that makes it easier for users to build and adjust their workflows.) Finally, his conclusion was very clear: it’s not that AI will definitely make trading better, and it’s not that AI will definitely make things worse. Rather, no matter what, in the future a huge number of people will use AI to trade. This will be a very large field, and whoever can build the best algorithms will make a lot of money.

Tykoo

25,535 Aufrufe • vor 9 Monaten

Demis Hassabis is after something no civilization has ever had. The right to be wrong twice. Hassabis: “AI itself will maybe unlock new sciences… the one I’m particularly excited about is AI for simulations.” We assume some fields became sciences because their subjects were simple enough to pin down. That has it backwards. Hassabis: “Why aren’t they just sciences like physics today? Because the problem is they’re emergent systems… it’s very hard to do repeated controlled experiments.” A field becomes a science the moment failure inside it gets cheap. Chemistry got the beaker. Aerospace got the wind tunnel. Software got to break something at four in the morning and have it running by five. The fields that never made the jump are the ones where the experiment is the population. Hassabis: “If you raise interest rates by half a percent, you have to do it in the real world and then see what happens. You can have theories, but you can’t run it thousands of times.” Economics. Policy. War. Education. Not soft. Just unrehearsed. Everything we believe about how societies work came out of a single run. One history, no control group, no second pass. We ran it once, on everyone, and wrote down what happened. Every principle we govern by has a sample size of one. And we still built all of this. Hassabis: “If you could simulate things really accurately, then maybe there’s sort of new sciences to be done where you can rigorously sample from a very accurate simulator.” What he is describing is not better forecasting. It is the first rehearsal history has ever been given. Crash an economy inside the model. Find out exactly why it broke. Change one variable and run it again. The right to be wrong has always been rationed. You get to experiment on the world in rough proportion to how much of it you already control. Everyone else lives inside the results. That was never a moral failure of the people in charge. It was a hard limit on how many times reality can be run. Lift the limit and the monopoly on experimentation goes with it. Every real leap in human capability has been the same move. Something irreversible becoming something repeatable. Writing made memory checkable. The draft made thought revisable. The prototype made building into something you could get wrong on purpose. Civilization never got that upgrade. Every decision it made was final on impact. Hassabis: “That will allow us to make much better decisions in these, today, what are very uncertain domains.” Almost everything you know was paid for by someone who never agreed to the price. Every generation before this one paid for what it learned in people. We might be the first that gets to pay in electricity.

Demis Hassabis is after something no civilization has ever had. The right to be wrong twice. Hassabis: “AI itself will maybe unlock new sciences… the one I’m particularly excited about is AI for simulations.” We assume some fields became sciences because their subjects were simple enough to pin down. That has it backwards. Hassabis: “Why aren’t they just sciences like physics today? Because the problem is they’re emergent systems… it’s very hard to do repeated controlled experiments.” A field becomes a science the moment failure inside it gets cheap. Chemistry got the beaker. Aerospace got the wind tunnel. Software got to break something at four in the morning and have it running by five. The fields that never made the jump are the ones where the experiment is the population. Hassabis: “If you raise interest rates by half a percent, you have to do it in the real world and then see what happens. You can have theories, but you can’t run it thousands of times.” Economics. Policy. War. Education. Not soft. Just unrehearsed. Everything we believe about how societies work came out of a single run. One history, no control group, no second pass. We ran it once, on everyone, and wrote down what happened. Every principle we govern by has a sample size of one. And we still built all of this. Hassabis: “If you could simulate things really accurately, then maybe there’s sort of new sciences to be done where you can rigorously sample from a very accurate simulator.” What he is describing is not better forecasting. It is the first rehearsal history has ever been given. Crash an economy inside the model. Find out exactly why it broke. Change one variable and run it again. The right to be wrong has always been rationed. You get to experiment on the world in rough proportion to how much of it you already control. Everyone else lives inside the results. That was never a moral failure of the people in charge. It was a hard limit on how many times reality can be run. Lift the limit and the monopoly on experimentation goes with it. Every real leap in human capability has been the same move. Something irreversible becoming something repeatable. Writing made memory checkable. The draft made thought revisable. The prototype made building into something you could get wrong on purpose. Civilization never got that upgrade. Every decision it made was final on impact. Hassabis: “That will allow us to make much better decisions in these, today, what are very uncertain domains.” Almost everything you know was paid for by someone who never agreed to the price. Every generation before this one paid for what it learned in people. We might be the first that gets to pay in electricity.

Dustin

15,262 Aufrufe • vor 1 Monat