Not Boring by Packy McCormick - Weekly Dose of Optimism #37
Weekly Dose of Optimism #37Quantum Computers, Checks & Balances, AI Investment, Early Warning Pandemic Systems, Rex Woodbury on OptimismHi friends 👋, Happy Friday and welcome back to our 37th Weekly Dose of Optimism. No big intro this week — but one favor to ask: if you enjoy reading The Weekly Dose of Optimism, the best way to support is to share us with a friend. The Weekly Dose of Optimism is weekly publication that highlights five stories that make us more optimistic about the world. We celebrate humans and the great things we have and will achieve. Now, let’s get to it. Today’s Not Boring is brought to you by… Composer You know Composer. I love Composer — the investing app that helps you achieve superior returns with logic and data. Since founding its algorithmic trading platform in 2020, Composer has helped over 20,000 customers trade 100s of millions of dollars. I’m one of them — my Composer portfolio is actually up since I started using it last year, which is incredible because the portfolio of individual stocks I own is … not. And Composer is now integrated with ChatGPT-4, to help you better understand your investing Symphonies. Just copy+paste your Composer Symphony into ChatGPT-4, and get a full breakdown of the strategy and the ability to ask additional questions. Not sure where to start? Here are a few of our favorite prompts:
Composer was already the smart way to invest, and with its ChatGPT-4 integration, it just got a lot smarter. Check it out for yourself, and as a Not Boring reader, you can get an extra free week of Composer’s trial offering by entering “Not Boring” in the “Where did you hear about us?” section. This exclusive offer lasts until Friday 4/14 at 11:59pm EST, so check out Composer now: (1) Quantum Computers, explained with MKBHD From Huge If True We’re big fans of Cleo Abram’s Youtube series “Huge If True” in which she explains important, often complicated topics in simple language and with some dope video editing. The combo of the the two means that even guys like us can start to understand topics as complex as quantum computing. In the WDoO #31, we covered that a team of Google researchers had achieved the second of six milestones on the way towards producing a “useful quantum computer.” Quantum computing may be closer than we think, and the ways in which it could transform the world are hard to imagine because these are not simply bigger, faster computers…they’re something different. They are 158 million times faster than the most powerful supercomputers we have today. Cleo was joined by big-time tech YouTuber, Marques Brownlee, to take on the topic. If you have 18 minutes to spare this weekend and want to get smarter on what will be a very relevant topic in the future, we recommend watching! (2) Checks and balances: Machine learning and zero-knowledge proofs Elena Burger for a16z
Packy here. Something that I feel very strongly about but have only started to put into words is the idea that AI and crypto were made for each other, different technologies that came to be at right about the same time through a mix of riding similar waves and that everything happens for a reason je ne sais quoi. Venkatesh Rao captured the idea best in one of my favorite essays of the past few months, The Rise of Mediocre Computing:
Elena’s essay focuses on one of the more immediately compelling intersections of the two domains: ML and ZKPs. She adds more meat to the bone than VGR or I did. The question, she writes, isn’t whether AI will be valuable — of course it will be — but how to best distribute that value and allow people to control their own data. The answer Elena proposes isn’t to halt progress, but to “push for models that are open-source, and in cases where model providers want their weights or data to be private, to secure them with privacy-preserving zero-knowledge proofs that are on-chain and fully auditable.” The whole piece is worth reading — Elena goes in-depth on five ways ZKPs can be applied to ML and on shortcomings that remain to be overcome — but there’s one point I want double-highlight:
As we’ve covered here before, ZKPs are going to be useful beyond crypto, but research on them has only accelerated so quickly because of crypto. It’s pretty incredible how these things line up. Max Roser for Our World in Data
ChatGPT and other Transformer-based models have captured the world’s attention, but AI advancements may just be heating up. Why? The corporate investment in AI has gone exponential in the last three years, with no signs of slowing down. In the three years prior to the publication of “Attention Is All You Need” — the 2017 research paper from Google that introduced Transformers — about $75B was invested in AI globally. In 2021 alone, that number more than doubled to $160B. And with the recent GPT-hype, I’d be willing to bet 2023 will be closer to $300B. That’s a >10x increase in annual investment over the last decade. If we think things are crazy now, imagine what $300B+ of annual AI R&D and a useful quantum computer will yield… Back in the present day, you can’t check Twitter without getting hit with at least 2-3 very cool AI products/advancements each day, spun up by individuals without funding. Here are two that caught our eye: (Twitter has seemingly restricted embedded Tweets in Substack — thanks Elon!) (4) UK develops genetic early warning system for future pandemics Robin McKie for The Guardian
Remember back in 2020/2021 when new variants of Covid were popping up in specific geographies and we were able to pinpoint the severity and the infectiousness of those variants? That information, and our ability to access it quickly, was the result of genomic sequencing technology and it played a vital role in containing the threat of the pandemic. Now that same technology is being targeted at other viruses including influenza, RSV, and other coronaviruses to help us better surveil, track, and ultimately fight the viruses. The technology, which was developed in the UK and only accessible to a few other developed countries, is now going global. We don’t know when or where the next pandemic will start, but this time, thanks to a surveillance network of more affordable and advanced technologies, we may be more prepared to take it on. From Rex Woodbury Index Partner and author of the Substack Digital Native Rex Woodbury dropped a worthwhile 🧵 (link to tweet) on how capitalism and technology are drivers of positive social impact at scale. He gives reason to be optimistic on topics ranging from climate, biotech, work, and even dating. Life has certainly gotten better over the past 200 years, and that has almost certainly be the result of accelerating technological advancements. There’s a lot of pessimism out there, but we agree with Rex that the good outweighs the bad and we thank him for the healthy dose of optimismporn. And now, to those of you who celebrate: Did you enjoy reading this Weekly Dose of Optimism? (Powered by Sprig) That’s all for this week. We’ll be back in your inbox on Monday. Thanks for reading, Dan |
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Idea Olympics
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