How The Economic Machine Works by Ray Dalio
In this 30-minute animated video, Ray Dalio explains the inner workings of the economy in an easy-to-understand manner. Using his practical template, developed over his career, the video delves into concepts like credit, deficits, and interest rates, providing viewers with a solid understanding of the basic principles that drive the economy, how economic policies function and the reasons behind economic cycles.
“Metaverse” means “pivot to video”
In 2015, Facebook attempted to break Google's monopoly on video ads by creating its own service and defrauding publishers by falsely claiming that the videos on its site were more popular than text articles. Publishers, believing these claims, borrowed billions of dollars and sold equity to produce more videos, but the videos never caught on for Facebook. In 2021, Mark Zuckerberg announced a new strategy to create a virtual world called the metaverse, but is this strategy going to go a similar route?
'Confirmation Bias' | Tim Minchin
In this brief and possibly humorous segment from Tim Minchin’s show 'Back', he describes the science behind the growing divide in society and why those who advocate for progress must understand that increasing empathy may not come from reducing empathy.
Roko's basilisk is a thought experiment that suggests a future artificial superintelligence could create a virtual reality simulation to punish anyone who knew of its existence but did not help create it. The theory led to some users experiencing symptoms such as nightmares and mental breakdowns, prompting a ban on discussion of the theory on the site for five years. However, these reports were later dismissed as exaggeration and the theory itself was dismissed as nonsense.