The weekend is here! Grab yourself a Southdown coffee, grab a seat outside and get ready for our long weekend of reading:
• The Last of Lehman Brothers: LEH’s long, slow demise is almost complete The bank’s collapse marked the beginning of the 2008 financial crisis, but it is all but dead. These are the people who attended their final remains ahead of the final court case. (Bloomberg)
• The Paradise of Crypto Arcade: Inside the Web3 Revolution The new movement wants to free us from Big Tech and exploitative capitalism – using only blockchain, game theory and code. What could go wrong? (wired) see also The Vision of the Crypto Emperor: No Pants, His Rules: Sam Bankman-Fried is a disheveled billionaire who made his fortune by overseeing trades that were too risky for U.S. markets. Now he wants Washington to follow in his footsteps. (New York Times)
• London’s lost ring road: A horrific plan to build major motorways in some of London’s greatest neighbourhoods has failed. But the price was the birth of the NIMBY movement, and a permanent cap on Britain’s 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/Bettmann Archives Thanks to a shrewd California lawyer, Albert Einstein earned more posthumously than at any other time in his life. But is that what great scientists want? (protector)
• The case for revolutionizing child care in the U.S. Suskind’s core message: Creating a nurturing, interactive environment for children aged 0 to 3 is critical to their development—many children are left behind during this critical time. Kindergarten — or even preschool — may be too late for interventions to try to bridge the opportunity gap that begins at birth. She thinks we need to start earlier. (NPR)
• Angry white populists who paved the way for Trump Fifty years ago, George Wallace won the Democratic presidential primary. The gunfire ended his campaign, but not the political force he unleashed. (Washington post)
• The Turing Trap: The Promise and Danger of Human-Like AI These breakthroughs are both fascinating and exhilarating. They also have far-reaching economic implications. Just as early general-purpose technologies like the steam engine and electricity catalyzed economic restructuring, our own economy is increasingly being transformed by artificial intelligence. A good example is that artificial intelligence is the most general of all general technologies: after all, if we can solve the puzzle of intelligence, it will help solve many other problems in the world. (Daedalus)
• The Birth of Espionage: From ‘Detectifone’ to Bugged Martini The urge to snoop has been around since ancient times—by the 1950s, the invasion of electronic surveillance had begun. (wired)
• Where did space, time and gravity come from? Einstein’s description of curved spacetime doesn’t easily fit with a universe composed of quantum wave functions. Theoretical physicist Sean Carroll discusses the search for quantum gravity with host Steven Strogatz. (Quanta Magazine)
• Young Yankees fan who lost his autograph After an unbearably silent dinner, she posted a heartbreaking message around 7pm explaining to the world what her young son had lost and what it meant to get it back. It was a half-time game, and the whole family went to bed that night, unaware that an unlikely savior was about to emerge overnight: the internet. (ESPN)
Be sure to check out our Master of Business interview This weekend with co-CEO and chief investment officer Gerard K. O’Reilly Dimension Fund Advisor, manages $650 billion in client assets. Previously, he was Director of Research at DFA, where he managed the firm’s rigorous approach to interpreting, testing and applying research in its portfolio.
How TikTok is using science to move fast
source: hustle and bustle
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To understand how these readings are assembled on a daily basis, please see this.
