3 posts
General-purpose AI agents can reason, plan, and execute — but they cannot perform well in a specific operational domain without local knowledge. We argue that the gap between general intelligence and …
In economics, demand corresponds to scarcity — for without scarcity, there is nothing we need to have satisfied. Air, for instance, has no economic value in the conventional sense (a simplification, o…
All human economics to date, at its most fundamental level, treats economic activity as an exchange of utility. A grows rice on his land, B labors to produce clothing, C sings "I Love You, Snow of the…