Presidential
marketing 101? (Pure speculations, I’m sure.)
https://www.noahpinion.blog/p/your-memecoin-is-your-slush-fund
Your
memecoin is your slush fund
Crypto
is, in fact, about sending people money.
… Just
before his inauguration, Donald Trump and his wife Melania launched a
pair of cryptocurrencies, called TRUMP and MELANIA. The coins have
both declined in value from their initial peaks, but their market
capitalizations, as of this writing, are still around $7 billion and
$800 million, respectively:
… But
on the other hand, it is possible that TRUMP and MELANIA do have
fundamental value. One simple way this could be true is if President
Trump directs the federal government to buy his own memecoins with
taxpayer money. He has already discussed the idea of creating a
“strategic Bitcoin reserve” (i.e., using taxpayer money to buy
Bitcoin). What if his reserve also bought a little bit of TRUMP and
MELANIA? That would of course be incredibly corrupt, and in any
well-functioning society it would be illegal. But in the age of
Trump, who knows what will fly?
In
fact, though, there’s another, much more plausible reason why TRUMP
and MELANIA could actually have real, fundamental value. It’s
because these coins allow
people to give Donald Trump money without actually transferring him
funds.
Suppose
you wanted to buy a favor from Donald Trump, and he wanted to let you
buy a favor from him. How could you do it? You can’t just pay him
a giant bribe — that’s illegal. Maybe you could pledge him a
bunch of cash for his presidential campaign. But there are campaign
finance laws that will get in your way, and even if you succeed, he
can only use the money for his campaign, not to buy yachts or
whatever else he might like to use the money for.
Instead,
what you can do is to buy a bunch of TRUMP or MELANIA. When you buy
one of those memecoins, you increase the demand for the memecoin.
Its price then goes up. T his makes Donald Trump richer, without any
money actually having to change hands.
An
interesting conflict.
https://www.ft.com/content/bdc2250f-fbd9-4c4a-98cf-42e389e5b6c0
Legal
AI is reaching deep into the workplace
Technology
allows companies to automate drafting of many contracts rather than
relying on lawyers
Few
industries appear to have more potential for disruption by artificial
intelligence than the law. Like games such as Go, which DeepMind
took on to demonstrate the power of neural networks, legal
systems have sets of rules and precedents. Give an AI model enough
data and it can pass its bar examination.
… Slaughter
and May was among Luminance’s early investors, along with the late
Mike Lynch’s Invoke Capital, and it initially focused on reforming
how corporate law firms operate. They provide expensive due
diligence for transactions such as mergers and acquisitions that
involve junior lawyers sifting through thousands of documents. That
sounds like a plum target for disruption.
But
things have not quite worked out like that, so far. Much of the
recent expansion in legal AI has come not from integrating the
technology into law firms but automating the drafting of contracts by
companies: Genie AI’s users include many smaller manufacturing and
building companies. More than changing the legal industry, it is
allowing corporations to do more legal work themselves.
For
those keeping score…
https://www.wbaltv.com/article/track-the-executive-orders-president-donald-trump-signed-on-day-1/63458999
Track
the executive orders President Donald Trump signed on Day 1
… Here
are all the executive orders Trump has signed so far.
Useful
backgrounders?
https://www.weforum.org/publications/industries-in-the-intelligent-age-white-paper-series/
Industries
in the Intelligent Age White Paper Series
Explore
the AI Governance Alliance’s white paper series – Industries in
the Intelligent Age. As artificial intelligence (AI) continues to
evolve at an unprecedented pace, each paper in this series captures a
unique perspective on AI – including a detailed snapshot of the
landscape at the time of writing. Recognizing that ongoing shifts
and advancements are already in motion, the aim is to continuously
deepen and update the understanding of AI’s implications and
applications through collaboration with the community of World
Economic Forum partners and stakeholders engaged in AI strategy and
implementation across organizations.
https://reports.weforum.org/docs/WEF_AI_in_Action_Beyond_Experimentation_to_Transform_Industry_2025.pdf
I
find this amusing…
https://www.bespacific.com/wikenigma-an-encyclopedia-of-unknowns/
Wikenigma
– an Encyclopedia of Unknowns
Wikenigma
is
a unique wiki-based resource specifically dedicated to documenting
fundamental gaps in human knowledge.
Listing scientific and academic questions to which no-one, anywhere,
has yet been able to provide a definitive answer. [ 1139 so far ]
That’s to say, a compendium of so-called ‘Known
Unknowns’. All
articles are open for registered users to contribute and edit.