Longreads * Gwern has a lengthy meditation on effort, specifically the kind of effort involved in doing what was previously thought to be impossible. It's not so much a unified theory of extreme effort as it is a comprehensive refutation of the existence of such theories. There are stories
Plus! Bond Vigilantes; Deeper AI Search; Analysts; Shareholder Votes; Networks are Expensive to Build
Plus! General-Purpose Technologies; Growth and Concentration; Cross-Platform; The Amazon Model; More Round-Trips
Plus! Search UX; Mining Crypto; Moderation; News is a Distribution Business; AI as UI
Plus! Diff Jobs; Capacity Constraints; IPO Window; Strikes and Opportunity Costs; The Upside and Downside of Ads; Backcasting Returns
Paradigms, AI, Pentium, Netflix, China, SBF
Plus! Who Bears Ban Risk?; Carvana and Short-Selling Economics; VC; Productivity; A More Normal Economy
Plus! IRR; Structure; Financial Epiphytes; Shale; Weakening the Cartel
Plus! Conflicts and Confluence; Bonds; Empire Building; China; The Capital and Talent Cycle
Inflation, AI, Linkrot, Data, Research, Pod Shops, Life Advice, Nvidia
Plus! Beware of DOGE?; Dual Listings; Search and Chat; Training Data; Bond Vigilantes with Chinese Characteristics
Plus! AI Interfaces; The Many Peaks of Mobile; Borrowing Distribution Networks; Ad Arbitrages; More YouTube AI IP