The P/E ratio is all well and good. The question is how reliable those earnings expectations are—and how long today’s profit margins can last. I’m skeptical about AI stocks because training the models costs a fortune, competitors catch up quickly, and customers have more choices. A company can spend billions getting ahead only to discover […]
Watch where people move. In 1845, one million Irish fled to America. Not because they read economic forecasts about the potato famine. Because their kids were starving. In 1989, East Germans scaled the Berlin Wall. Not because they studied GDP data. Because West German grocery stores had bananas. Today, migration flows from Honduras to Texas, […]
For years, Caribbean citizenship by investment has been regarded as one of the most attractive and, perhaps more accurately, one of the most affordable ways to obtain a second passport. Whether the goal was easier international travel, greater financial security, or simply having a backup plan, thousands of investors have obtained citizenship in countries such […]
In many countries across Asia and South America, pharmacists may dispense prescription medicines without requiring a prescription, particularly to foreign visitors. In contrast, pharmacies in the United States and most European countries generally enforce prescription requirements much more strictly. Legality of Importing Prescription Medicines for Personal Use The rules governing the importation of prescription medicines […]
I’m generally not a fan of Cloudflare—what I often call the cancer of the Internet. But this recent announcement caught my attention: Cloudflare just made every URL billable. Cloudflare’s new Monetization Gateway allows any resource accessible through its network to be monetized using the x402 protocol. The process is remarkably simple: A client requests a […]
Bogota in the evening. The famous cloudy forests in the back 7,50 USD lunch My AirBnB doorman Impressions from the Luis Ángel Arango Library My Gym Smartfit Colombia. Lunch in my local restaurant
This is Registan Square in Samarkand, Uzbekistan. One of the most impressive and famous ensembles of Islamic architecture in Central Asia. The three magnificent madrasahs (Ulugh Beg, Tilya-Kori, and Sher-Dor) date from the 15th to 17th century and are a UNESCO World Heritage Site.
What we have in this country today, then, is both anarchy (the failure of the state to enforce the laws) and, at the same time, tyranny—the enforcement of laws by the state for oppressive purposes; the criminalization of the law-abiding and innocent through exorbitant taxation, bureaucratic regulation, the invasion of privacy, and the engineering […]
Based on: Nature (2024), Volume 631, Pages 755–759 Original paper: https://www.nature.com/articles/s41586-024-07566-y The Core Finding A 2024 study published in Nature shows a fundamental limitation of modern AI systems: when language models are repeatedly trained on data generated by other AI models, performance begins to degrade. Instead of improving over time, the model gradually loses diversity, […]