Entrepreneur, business owner, former Chief Fintech Advisor, coder, worked in finance, trained as an engineer. - not financial advice
Bermuda
Joined February 2008
- Tweets5.9K
- Following1.1K
- Followers769
- Likes2.3K
AI is a massive accelerant for those with high agency.
Not super surprising.
Just spoke to the Head of AI at a huge company.
The #1 thing they're struggling with is... what do I do with the AI laggards at our company?
Like most companies, they’ve found that a Super Pareto Principle is true within their org. 10% of their employees are responsible for 90% of the uplift in productivity/token usage from software engineering to non-technical knowledge work.
They’ve spent a lot of time & resources on AI enablement from LLM foundations to function-specific trainings and skill building. And yet, the power law of productivity increases hasn’t budged.
So now they’re left with a few sobering thoughts and hard questions:
1) 90% of people are overpaid and 10% are underpaid
2) We’d be better off allocating tokens proportionally to the power law, but how do we do that without killing culture?
3) Significant layoffs are likely warranted and wouldn’t impact overall output, but cultural backlash is a big concern?
4) How do we hire more power law people as a non technology company?
5) Is all of our efforts on training and enablement ACTUALLY worth it?
6) How do we not experience a brain drain where the top 10% all leave because they want to be surrounded by other AI-native 10x’ers?
43
This, but as a feedback tool built directly into custom apps.
Highly recommend building a little tool like this.
I called mine SlopEraser.
It's a simple Chrome extension that lets you highlight text on a vibe coded site and rewrite it, saving each rewrite into a prompt you can drop into an agent to implement all at once.
1
42
A single-payer “universal” health care system is the wrong model for Bermuda, especially beside an insurer-provider oligopoly. The government already struggles to run basic health administration. Handing it the whole system does not fix that.
1
55
Glad to see this. I pushed for the test license class specifically to lower the barrier for Bermudian entreprenurs so really great to see it being used for that.
royalgazette.com/local-busin…
34
I suspect desperation to take action will drive us to poor policy decisions that will kill the economy like term limits did in 2008.
Eliminating rather than simplifying duty and trying to introduce a new tax system to replace it is a likely candidate.
royalgazette.com/reinsurance…
1
1
30
I love these software is dead takes.
"AI can build it in a weekend" is the new "guys who did a coding boot camp"
The issue is always the same. Software doesn't fix bad process, it can amplify it. If you dont understand the problem you're solving, the tool isnt a solution.
29
Governments should be issuing verifiable credential versions of documents with verifiable addresses with links you can crawl to confirm provenance.
This Post is from a suspended account. Learn more
1
56
The big issue with KYC and CDD Is duplication of data which introduces considerable risks. The regulations around it don't make it very realistic to minimize data collection and be able to reference to someone elses copy so everyone collects copies.
Woke up to all my data leaked by @Revolut.
Sharp reminder that KYC hasn’t produced meaningful upside and has put many in harm’s way.
38
Bureaucrats are masters of adding requirements without stopping to ask if they're necessary.
The deeper I go down the AI automation/UX rabbit hole the more mindblowing it becomes.
Those whose mental model of AI is a ChatGPT chat window are in for a hell of a ride in the coming years.
1
67
"Risk-averse compliance departments and set-in-their-ways regulators prefer old practices and the appearance of rigorous compliance—box checking—to actually protecting people through data minimization and auditable, verifiable alternatives."
We are long, long, long overdue to reduce the amount of KYC we do as a society.
It doesn’t stop crime. It enables mass surveillance of the innocent by the tyrannical. And, perhaps most of all, it enriches hackers with troves of intimate personal data.
p2p.coincenter.org/p/the-hug…
57
If the gov can't manage after school registration and summer camp software, a gov issued national digital ID or CBDC isn't realistic either.
There's no guarantee foreign solutions will cater to our small market (eg: paypal) either, so then what?
royalgazette.com/education/n…
Domestic digital id alone was never going to be viable. Neither is a domestic stablecoin alone.
The original aim was clarity around the 3rd party reliance problem in a similar way we did Digital Asset Businesses to build an industry, not local id
royalgazette.com/internation…
77
Domestic digital id alone was never going to be viable. Neither is a domestic stablecoin alone.
The original aim was clarity around the 3rd party reliance problem in a similar way we did Digital Asset Businesses to build an industry, not local id
royalgazette.com/internation…
If you create a unique cryptographic signature of a document, feed it into AI asking that it reference it as a source and then verify any output by using the signature as an identifier to cross check the document for the quoted material, you can get much more reliable results.
1
48
Really fascinating take on intelligence scaling.
It's the, how does AI advance its coding abilities if it learned from stackoverflow and nobody posts there anymore because of AI kind of vibe.
This is the intelligence plateau sign everyone's been looking for.
5.6-sol and Fable have reached the intelligence of the smartest humans. There is nothing left to scale toward because there is no higher intelligence to learn from.
IQ scaling is done. Progress from here is benchmark hacking and personality wars. Models will stop looking like their CEOs. Opus won't always be a bitch like Dario. Some Grok models will be less of a troll than Elon.
1
148
These kinds of visualizations and breakdowns of government spending are awesome.
It's the kind of thing we need in Bermuda to simplify an understand of where our budget goes.
EVERY Canadian should be acutely aware of how much tax they pay and where their tax dollars go.
We've got you covered: canadaspends.com/en/tax-visu…
2
89
This is one of the reasons why I'm in favor of tax and credit based approaches to social programs.
Governments simply aren't efficient administrators.
That doesnt mean there should be no social programs, it means government is a poor choice to operate them.
Gothamist calls it “free childcare.”
Nothing is free.
Mamdani’s 2-K program is costing taxpayers $36,500 per child, per year — about $10,000 to $13,000 more than the average cost of private childcare in NYC.
The question isn’t whether childcare should be affordable.
The question is why government needs $36,500 to provide something the private market provides for substantially less.
That’s not free childcare.
That’s very expensive childcare with somebody else paying the bill.
1
1
88