This article goes along with what I was writing. It turns out it was published one day earlier than my…
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Please keep quiet Mr. Greenspan!
Poor Mr. Greenspan: can’t open his mouth without giving investors the heebie-jeebies!
He promised he would be quiet, just like his predecessor Mr. Volcker was about monetary policy when he himself took over. Even when he only whispers, people pay a lot, a lot of attention, and go into a frenzy of wanting to […]
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Subprime, CDOs and the threat to home ownership
In a well-documented recent paper (*), Joseph R. Mason of Drexel University and Joshua Rosner of Graham Fisher & Co. ask if a chain of events has not begun unfolding that will end up in a situation where funding for the mortgage industry is massively curtailed. In their paper, Mason and Rosner draw a parallel […]
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An experiment in Wikiology
I marvel at Wikipedia. There is hardly a day when I don’t go and check their site, looking up some concept, often mathematical, sometimes financial, or finding out about any other question I happen to be asking myself, about Joachim Pateniers or the bodhisattva.
In the beginning, I would only fix the typos I was […]
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Beijing’s Food Palace
The girl who was taking us to the opera asked where we intended to have dinner and we told her we would be going for the third time in a row to the Golden Tripod Attic. There was some sneer in her voice when she said “But that’s a normal place!” And she was right: […]
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Where did the housing bubble come from?
In today’s Wall Street Journal, Andy Laperrière, a managing director of the Washington office of the ISI Group, wrote a piece on the crisis in the mortgage industry, I wrote to the Journal’s editor, the following letter:
In his “Mortgage Meltdown” (Wall Street Journal, March 21, 2007), Andy Laperrière assigns the residential real estate bubble […]
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Malaise in the subprime sector
In today’s Wall Street Journal, Alex J. Pollock a former President and Chief Executive Officer of the Federal Home Loan Bank of Chicago wrote a piece on the subprime industry, I wrote to the Journal’s editor, the following letter:
“In his “Credit Crack-Up” (March 12, 2007), Alex J. Pollock offers a perceptive summary of the […]
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Optimistic and pessimistic views on immortality
Religions are most often associated with a representation of the after-life where immortality, which is clearly unattainable in the nether-world, is ultimately achieved.
Other widely held belief systems don’t share that view, in particular Taoism, the “atheistic religion” or “philosophy” of the Chinese people over the ages. Indeed, some disparagingly called “superstitious” versions of […]
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The safest financial world of all
A recurrent theme in Alan Greenspan’s speeches, either when he was head of the board of governors of the Fed or now in his capacity as an invited speaker, has been that the financial world has become in recent years a much more sturdy, much more robust and let’s say it, a safer place, because […]
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Artificial reason and the heart
So, Marvin Minsky has just published a new book called The Emotional Machine (Simon & Schuster 2007) where he states that Artificial Intelligence should rest on the observed feature that intelligence is emotional by nature. This of course rings a bell, as some twenty years ago an audacious AI engineer, traveling between Martlesham Heath (Suffolk) […]
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Most recent comments
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.
I intend to read the Krichmar paper, thanks for mentioning it. I looked in my library, I’ve got a 1987…
It’s becoming clear that with all the brain and consciousness theories out there, the proof will be in the pudding.…
Do Androids dream of electric sheeps ? Yes. Thanks Paul.
You say that A machine with only primary consciousness will probably have to come first. That’s the way evolution proceeded:…
It’s becoming clear that with all the brain and consciousness theories out there, the proof will be in the pudding.…
I fear your views of AI are pretty much outdated. They pre-date in any case neural networks. What you are…
Most recent posts
- On the puzzling behavior of generative AIs: What to make of recent interpretations of the inner workings of Claude, Anthropic’s large language model?
- Video – Wow! Maya and I: Sci-Fi is Here to Stay!, March 9th 2025
- Paris Defence and Strategy Forum – The Silent War and Strategic Mobilization in the Age of Infrastructure Warfare, March 12th 2025
- “JESUS vs DONALD” #JvsD
- Intelligence & Société N°6, an English-speaking review by NotebookLM
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