[…] that’s left to do is get on with it ? So I followed DeepSeek’s advice, as I let you…
-
Stock prices and the shape of randomness
I remember an illustration in an article by Heinz von Foerster in the 1960s. In the first picture, a set of tiny cubes were represented, piled up in a random manner. The reader was told that these were steel cubes magnetized on one of their sides. The second picture showed what had happened after the
-
Thought as Word Dynamics
On two occasions already on my French blog, I’ve written an article in a serialized format, posting each part whenever it was ready then creating a link to a copy of the whole text when it had reached a final form. In both instances has the process taken about two months (Les tâches et
-
The subprime crisis and the future of securitization
Echanges is a financial journal published monthly by DFCG, the French association of financial officers and auditors. I was asked by Jean-François Casanova who will be the editor of a special issue devoted to securitization to contribute a piece on securitization in the light of the subprime crisis. Here it is, in an English translation.
-
What may happen to you because you live in LA
A couple of weeks ago we had a lazy summer Sunday much unlike our habitual boogie boarding or being on the lookout for some new budding talent of the LA pictorial underground: we acted in a video clip for My Ruin.
We had attended the concert in East Hollywood on July 17th; I didn’t mind
-
The ABS and Uncle Sam
Mr. Paul Schulten is asking me the following:
“It is true that delinquencies and losses in residential mortgage backed securities (RMBS) are strongly correlated with home price appreciation (HPA) or in the current environment home price depreciation (HPD).
As we enter a period of possible decline in home prices these losses accumulate first to
-
The credit crunch’s cogwheels
Collective human phenomena are as a rule tricky to analyze and consequently tough understanding and explaining. The reason is learning. Even if at its core a process remains simple, people learn: they observe how things work and they adapt. Adaptation in its turn modifies the process and initiates an endless dynamics of change. Such feedback
-
Old-style publishing a paper
Now when you want to publish an article, you write it, you put it on your website and within days hundreds if not thousands of people have read it. Sometimes someone will approach you and ask if they can publish it in the old-fashioned way, in a journal, and you’ll say “Why not?” In the
-
The un-American solution to the subprime mess
Among the remedies mentioned for the subprime crisis, I haven’t seen listed the system I went through when getting a mortgage in England back in those days. Here is how it worked: the first step would be for you to open an account with a building society; then you would start saving, sending a check
-
Since we can’t fix the subprime mess can we at least make sure it doesn’t happen again?
One of the greatest American traditions is for families to get together at Christmas and watch with ever-renewed delight Frank Capra’s “It’s a Wonderful Life.” Recent events in the financial world, and in the mortgage business in particular, suggest that the movie should be introduced with this important disclaimer: “WARNING: The movie you’re about to
0comment(s): Since we can’t fix the subprime mess can we at least make sure it doesn’t happen again?
-
Woody Allen’s “Death Knocks”
In Death Knocks, Woody Allen provides a new treatment to a classical theme: a man seeing himself on a final mission succeeds in buying time from the ineluctability of death by challenging a personified death to a game that he wins, gaining so a temporary reprieve. The allegory reminds us that life amounts in every
Contact
Contact Paul JorionMost recent comments
Well! It is comments such as yours that make the trip … worthy of the trouble! 😀
When I saw your work on P vs NP, I knew you were on to something profound. I couldn’t have…
Admittedly, I was a little thrown off by the direction this took. From my perspective, you (1) identified the major…
It’s wonderful seeing you at work with AI to formalize the synthesis of the insights you had so many years…
I solved it! Paradox! The epistemic barrier was always in Paradox. Maintain truth as ambiguous (Both true OR false) until…
This article goes along with what I was writing. It turns out it was published one day earlier than my…
LLMs deal essentially with language but seems amenable to graphics as well. To such an extent that one may wonder…
“the marvellous powers of the brain emerge not from any single, uniformly structured connectionist network but from highly evolved arrangements…
When the entangled narrative is based on the Bible, the problem is the Bible.
Most recent posts
- Video – What makes a demonstration worthy of the name?
- Video – A revolutionary theory of consciousness : CFRT (Cross-Flow Resonance Theory)
- PRIBOR: “Combinatorial Magic” Logic – Proof of Concept
- Pribor: What do we do?
- How I discovered the mechanism of consciousness … in 1999 – Episode 9. Does sensory deprivation confirm the cross-flow resonance theory of consciousness (CFRT)?
My books
Topics
- "Who Were We?"
- A NEW "US" FOR NEW TIMES
- Anthropology
- Art
- Artificial Intelligence
- Blog
- Brexit
- China
- Computing
- consciousness
- Cross-Flow Resonance Theory
- Cross?Flow Resonance Theory
- Currency
- Democracy
- Ecology
- Economy
- Essential questions
- Europe
- Extinction threat
- Finance
- Fine arts
- Fiscality
- Fukushima
- Fun
- History
- Human complex systems
- Internet
- Labour
- Law
- Libor
- Literature
- LLM
- Logic
- Mathematics
- Mystery
- neuroscience
- Nonsense
- Pandemic
- Philosophy of science
- Physics
- Politics
- PROTEST MOVEMENTS
- Psychoanalysis
- Scotland
- Sociology
- Spain
- Stewardship of Finance
- Subprime
- The Singularity
- Transhumanism
- United Kingdom
- United States
- Unspecified
- War
Tags
"L'avènement de la Singularité" "Thought as Word Dynamics" ANELLA A NEW "US" FOR NEW TIMES Angela Merkel Aristotle Artificial Intelligence Barclays Brexit capitalism Chair "Stewardship of Finance" Claude 3 consciousness debt Donald Trump ECB EFSF ESM Europe eurozone Foundations of mathematics France Germany GPT-4 Greece Herman Van Rompuy IMF Italy Jean-Claude Juncker José Manuel Barroso Large Language Models LIBOR linguistics LLM Mario Draghi Memory Pribor.io problem solving P vs NP Self-Aware Machines Spain speculation thalamus The Singularity United States