Weekend here! Pour yourself a cup of Southdown coffee, sit outside, and get ready to read on for The Longest Weekend:
• The Last of the Lehman Brothers: The long slow death of LEH is almost complete The bank whose collapse marked the beginning of the 2008 financial crisis is mostly dead. These are the people who bring their last remains before the final cases in court. (Bloomberg)
• Heaven in Crypto Arcade: Inside the Web3 Revolution The new movement wants to free us from big technology and exploitative capitalism – using only blockchain, game theory, and code. What could possibly go wrong? (wired) see also Seeing the Crypto Emperor: No Panties, His Rules: Sam Bankman-Fried is a hard-working billionaire who has made a fortune overseeing deals that are too risky for the US market. Now he wants Washington to follow suit. (The New York Times)
• London’s lost roads: A brutal plan to build major highways through some of London’s greatest boroughs has collapsed. But the price was the birth of the NIMBY movement, and a permanent cap on British infrastructure ambitions. (work in progress)
• Who owns Einstein? The battle for the most famous face in the world Albert Einstein in 1951. Photo: Arthur Sasse/Bateman Archive Thanks to a skilled California attorney, Albert Einstein posthumously earned far more than he ever made in his life. But is this what the great scientist wanted? (Watchman)
• The case for revolutionizing child care in America Suskind’s core message: Creating an interactive, nurturing environment for children aged 0-3 is vital to their development – and many children are left behind during this critical period. Kindergarten—and even preschool—may be too late for interventions to try to bridge the opportunity gap that begins to open up at birth. She argues that we should start much earlier. (NPR)
• The angry white populist who paved the way for Trump Fifty years ago, George Wallace was winning the Democratic presidential primary. The shooting ended his campaign but not the political forces he unleashed. (Washington Post)
• The Turing Trap: The Promise and Danger of Human-Like Artificial Intelligence These hacks are awesome and exhilarating. It also has profound economic repercussions. Just as previous general-purpose technologies such as the steam engine and electricity spurred the restructuring of the economy, our economy is increasingly being transformed by artificial intelligence. It can be shown that AI is the most general of all general-purpose technologies: after all, if we can solve the mystery of intelligence, it will help solve many other problems in the world. (Daedalus)
• The Birth of Spy Technology: From “Detectifone” to a Bugged Martini The urge to snooze is as old as time — and by the 1950s, the invasion of electronic listening began. (wired)
• Where do space, time, and gravity come from? Einstein’s description of curved spacetime does not easily fit into a universe made up of quantum wavefunctions. Theoretical physicist Sean Carroll discusses the pursuit of quantum gravity with host Stephen Strogatz. (Quanta Magazine)
• Young Yankees fan who lost his autographs After an unbearably silent dinner, she posted a sad letter around 7pm, explaining to the world what her young son had lost and what it meant to get him back. It was a recovery period, and the whole family went to bed that night unaware that an unexpected savior was about to emerge overnight: the Internet. (ESPN)
Make sure you check out Master of Business Administration Interview This weekend with Gerard K. O’Reilly, Co-CEO and Chief Investment Officer at Dimensional Fund Consultants, which manages $650 billion in client assets. Previously, he was Head of Research at DFA, managing the company’s rigorous approach to interpreting, testing, and applying research into portfolios.
How TikTok used science to grow fast
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