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← The market is a massively parallelized, decentralized and highly imperfect value-attribution machine.
17 connected korrents · 17 moments from 21 Jul 2016 to 9 Oct 2026.
Everything filed under investing
investing
Everything filed under OpenAI
OpenAI
Everything filed under scaling laws
scaling laws
Everything filed under LLMs
LLMs
Everything filed under benchmarks
benchmarks
Everything filed under market efficiency
market efficiency
Everything filed under Silicon Valley
Silicon Valley
Everything filed under capitalism
capitalism Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: The market is a massively parallelized, decentralized and highly imperfect value-attribution machine. The market is a massively parallelized, decentralized and highly imperfect value-attribution machine. Last stated 2 days ago
9 Oct 2026
PC
Patrick Collison — holds since 2026-10-09 — tap for who they are
Same subject: AI pricing is a big market delusion: each company’s implied revenues look plausible alone, but added together they exceed any market that could exist. — tap to centre the map on it AI pricing is a big market delusion: each company’s implied revenues look plausible alone, but added together they exceed any market that could exist. Last stated 10 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: In a commoditizing market, the platform that aggregates volume wins over the lab with a marginal benchmark lead. — tap to centre the map on it In a commoditizing market, the platform that aggregates volume wins over the lab with a marginal benchmark lead. Last stated 4 days ago
7 Oct 2026
TT
Tomasz Tunguz — holds since 2026-10-07 — tap for who they are
Same subject: Prediction markets are notoriously bad at handling very small probabilities. — tap to centre the map on it Prediction markets are notoriously bad at handling very small probabilities. Last stated 4 days ago
7 Oct 2026
SA
Scott Alexander — holds since 2026-10-07 — tap for who they are
Same subject: AI models are not commodities, and people who think they are fungible have not actually used them. — tap to centre the map on it AI models are not commodities, and people who think they are fungible have not actually used them. Last stated a month ago
6 Sept 2026
AA
Anish Acharya — holds since 2026-09-06 — tap for who they are
Same subject: Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. — tap to centre the map on it Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. Last stated 3 years ago
30 May 2023
AG
Andrew Gelman — holds since 2023-05-27 — tap for who they are
AG
Andrew Gelman — no longer holds since 2023-05-30 — tap for who they are
Same subject: Tech marketing assumes that whatever sells to the rich today sells to everyone tomorrow, but some things stop working when everybody buys them. — tap to centre the map on it Tech marketing assumes that whatever sells to the rich today sells to everyone tomorrow, but some things stop working when everybody buys them. Last stated 10 years ago
21 Jul 2016
JW
Jarrett Walker — holds since 2016-07-21 — tap for who they are
Same subject: Competition breaks down once someone accrues dominant market power — tap to centre the map on it Competition breaks down once someone accrues dominant market power Last stated 5 years ago
13 Jan 2022
DH
David Heinemeier Hansson — holds since 2022-01-13 — tap for who they are
Same subject: The best-performing AI model in a category earns outsized pricing power over models that are merely close to it. — tap to centre the map on it The best-performing AI model in a category earns outsized pricing power over models that are merely close to it. Last stated 4 weeks ago
14 Sept 2026
BH
Byrne Hobart — holds since 2026-09-14 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 10 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. — tap to centre the map on it A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. Last stated 4 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: A startup should not begin life as a nonprofit and bolt a for-profit arm on later, whatever OpenAI's own history suggests. — tap to centre the map on it A startup should not begin life as a nonprofit and bolt a for-profit arm on later, whatever OpenAI's own history suggests. Last stated 3 years ago
18 Mar 2024
SA
Sam Altman — holds since 2024-03-18 — tap for who they are
Same subject: Advertising was a necessary phase for the internet but a momentary industry, and an AI people pay for is better because they know the answers are not influenced by advertisers. — tap to centre the map on it Advertising was a necessary phase for the internet but a momentary industry, and an AI people pay for is better because they know the answers are not influenced by advertisers. Last stated 3 years ago
18 Mar 2024
SA
Sam Altman — holds since 2024-03-18 — tap for who they are
Same subject: Agents are going to be incorporated into mainstream interfaces — tap to centre the map on it Agents are going to be incorporated into mainstream interfaces Last stated 7 months ago
25 Mar 2026
DH
David Heinemeier Hansson — holds since 2026-03-25 — tap for who they are
Same subject: "Scaling" was powerful because it was one word: naming a research direction is what tells a whole field what to do next. — tap to centre the map on it "Scaling" was powerful because it was one word: naming a research direction is what tells a whole field what to do next. Last stated 11 months ago
25 Nov 2025
IS
Ilya Sutskever — holds since 2025-11-25 — tap for who they are
Same subject: A benchmark result should be reported under a stated budget, or as a curve against test-time compute — never as a single number. — tap to centre the map on it A benchmark result should be reported under a stated budget, or as a curve against test-time compute — never as a single number. Last stated 4 months ago
26 Jun 2026
NB
Noam Brown — holds since 2026-06-26 — tap for who they are
Same subject: A lab should spend most of its compute on research rather than on building the next model, because research is where the tenfold yearly efficiency gains come from. — tap to centre the map on it A lab should spend most of its compute on research rather than on building the next model, because research is where the tenfold yearly efficiency gains come from. Last stated 7 months ago
13 Mar 2026
DP
Dylan Patel — holds since 2026-03-13 — tap for who they are