Currently working on synthetic data at OpenAI. Previously traded equities, futures, and options at Hudson River Trading. Find me on Twitter/X Recent Pos...
Ask someone if they like ads, you'll almost certainly get a "no." Nobody wants their YouTube videos interrupted by a gecko. But directing people's attention to businesses creates real economic value. As AI assistants rapidly become our main gateway to information and the world, the question isn't about eliminating ads, it's about designing attention markets that are maximally efficient. Why…
Epistemic status: informed speculation using only publicly available information OpenAI is about to spend $500 billion on infrastructure they might not need: if researchers aren't ready with experiments, or if demand for intelligence doesn't grow, every unused GPU-hour vanishes forever. Yet there's no futures curve for compute, no market price for intelligence, no way to hedge any of it. We're…