Isaac Asimov (1920-1992) was an American author and biochemist, known for his highly successful and prolific writing in the genres of science fiction and science books for the layperson. He wrote or edited about 500 volumes, including the famous Foundation and Robot series.
Asimov was born in Russia and immigrated to the United States at a young age. He made significant contributions to science fiction, popular science, and history, and he also wrote on various topics in science with lucidity and humor. Asimov’s work has had a lasting impact on literature and science, and he is considered one of the greatest science fiction writers of the 20th century.1
Elon Musk has repeatedly said that Asimov’s writings influenced him tremendously, including stating that “the Foundation series was fundamental to the creation of SpaceX.”2
Overall, I expect that the 2020s decade will be one where U.S. nominal GDP runs hotter than expected, real assets globally do pretty well (e.g. energy, infrastructure, commodities, hard monies, and some emerging market equity regions), and the most financialized assets (e.g. the S&P 500) have lackluster performance in real terms.
Regarding the S&P 500, equity valuations are high, U.S. household allocations to equities as a share of their net worth are high, and foreign allocations into U.S. markets are high. It’ll be hard to find a lot of new capital that wants to come into U.S. equity markets that isn’t already here.
This chart shows the percentage of financial assets that U.S. households currently have in stocks in blue (i.e. their relative to exposure to stocks vs other financial assets), and shows the inflation-adjusted value of equities in red:
I’m continuing work on the process of certification for Biblical counseling through the Association of Certified Biblical Counselors (ACBC). The Truth in Love podcast has been a wonderful resource for pointed, Biblical insight into various issues of life. There’s a wealth of quality writing and audio on their website.
If you or someone you know is going through something difficult and you want to know what Scripture has to say about the issue, check them out.
I think this can be done well, in a way that explores the ideas and humanity of the candidates with depth, compassion, and humor, in long-form conversation format.
“Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much, because they live in the gray twilight that knows neither victory nor defeat.” – Theodore… pic.twitter.com/HQYnzYmdw2
Large Language Models, How to Train Them, and xAI’s Grok
When OpenAI released ChatGPT in November 2022, it took the world by storm, reaching over a million users in only 5 days. This kind of viral attention was previously unheard of in AI, driven by how closely the underlying… pic.twitter.com/Mn4ZLWVjHh
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