Spencer Bogart

Spencer Bogart@CremeDeLaCrypto · 10 天前赛道影响

ah, you lost me at Piketty :) to each their own; I've nothing against the guy but: 1) I care about economics to the extent the framework helps me understand and constructively navigate the world -- I personally don't find that with Piketty's work, the only conclusion is that im disadvantaged because many people are wealthier than me and I don't have any real chance of catching up (victim mindset which must always be rejected if we're to exercise agency) 2) to me, his work leans closer to ideological goal-seeking than it does to rigorous objective analysis For me, Hayek/Friedman/Sowell have better explanatory power for the world I have seen and experienced; and their frameworks help me navigate it more constructively 🤷‍♂️

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 10 天前观点输出

ofc it's definitely better to be high-income AND high-wealth but go get to high wealth, you must have surplus income my basic issue is that wealth tells us where you've been not where you're going wealth is a reflection of the past -- its just income that was accumulated at some point in the past income tells us what's happening in the present and the best indicator for ability to *build wealth*

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Spencer Bogart@CremeDeLaCrypto · 11 天前赛道影响

"many argue the evidence so far doesn’t appear to support a broad job destruction narrative. If true.." Why hedge so much? Are there *any* good objective data points that contradict this? My basic issue is that "this new tech will cause mass unemployment" is an extraordinary claim which requires extraordinary evidence. This was alleged about many historical tech advancements, but none materialized. Somehow for AI we've lowered the evidence bar and not only do we not have extraordinary evidence, I'm not sure we have any decent evidence (?) And, look, I actually do believe it *could* happen! But we should be real about what the data says to-date and be clear about what's actually a subjective error-prone projection into the future

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 11 天前赛道影响

Certainly is! But it tells us where you've been not where you're going Median wealth is a reflection of the past (managed well it could be very far in the past) Median income* is a reflection of the present *Important to get to "disposable income" and with PPP adjustments so you can hone in on: how much do ppl actually take home and how much does it buy them?

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 11 天前观点输出

classic stock v flow error in Ben's analysis below wealth is an input from the past. what you care about is how much disposable income do ppl bring home on median and what does that actually buy you so what you actually want to measure here is median household disposable income (PPP-adjusted) As of 2021: USA: $47k (#2 behind Luxembourg at $50k) Slovenia: $29k Italy: $28k Portugal: $19k check the ranking yourself here https://t.co/Rx0O5JlC5k

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Spencer Bogart@CremeDeLaCrypto · 11 天前赛道影响

This is really good "Companies internalize labor when the cost of coordinating through the market exceeds the cost of hiring" So what happens when we add programmable labor (ai) and programmable money (stables/crypto)? The cost of coordinating through the market collapses

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 12 天前赛道影响

we were all supposed to be jobless from ai by now

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 13 天前观点输出

Utmost respect and admiration to Brad, Dell and everyone else who stepped up to make this happen It's one of the coolest things I've seen and will likely be amongst the most impactful

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Spencer Bogart@CremeDeLaCrypto · 14 天前赛道影响

RT @pbartstephens: It is hard to create a category out of thin air. It’s called RWAs now, but we brought the first product to market 8 yrs…

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Spencer Bogart@CremeDeLaCrypto · 14 天前观点输出

reject doomerism

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。