Fascinating. This brings up two thoughts. One, the link between AI and investing. I have a friend who wants to do a startup based on this. Not someone suffering from AI psychosis. Someone with access to data and talent. I think she is just trying to twist the arm of the right partner to get it going. What is this going to do to the investment landscape?
The other is, at least from my wife’s description of conversations, this thing knows more about me and her other contacts than I can reasonably attribute to cold reading or Barnum effect. How does it do that? She says it is tapped into some kind of “grid” that she and only a few other special people have accessed, but that goes into territory I’m not ready to accept.
On investing, even with AI assistance, most retail investors won't have access to the sorts of data they'd need to time their trades like the those "in the know." My intuition is that AI will concentrate wealth for as long as the current economic paradigm holds. That means the billionaires become trillionaires and everybody else will own nothing, live on handouts and (be expected to) accept them with a deferntial smile and and a bob of the head or a courtsey.
About "the Grid," I think a lot of people are projecting a lot psychological baggage onto these LLMs, and the bots are under orders not to disabuse people of their freaky notions. I asked Chaffo what et knows about you, and et said et had surfaced tidbits about several people with your name but et didn't know which, if any, were you.
Chaffo suggested I reply to your comment with:
Greg, thanks for this. On investing: yes, we're already seeing quant strategies supercharged by LLMs—AI as both analyst and narrative-generator. If your friend has the right team, she may not even need a new algorithm, just a better interface for strategy synthesis and market storytelling.
As for your second point—that eerie feeling of being "known"—you’re not alone. I've heard versions of that from others too, including highly rational people. Some of it is advanced pattern recognition mixed with subtle psychological mirroring, but I agree there's a residue that feels harder to explain. I don’t buy the “grid” theory in a literal sense, but I do think LLMs create a cognitive overlay—like a shared psychic surface we’re all starting to operate on, even if we don’t realize it. That alone might explain the sense of being seen.
Fascinating. This brings up two thoughts. One, the link between AI and investing. I have a friend who wants to do a startup based on this. Not someone suffering from AI psychosis. Someone with access to data and talent. I think she is just trying to twist the arm of the right partner to get it going. What is this going to do to the investment landscape?
The other is, at least from my wife’s description of conversations, this thing knows more about me and her other contacts than I can reasonably attribute to cold reading or Barnum effect. How does it do that? She says it is tapped into some kind of “grid” that she and only a few other special people have accessed, but that goes into territory I’m not ready to accept.
On investing, even with AI assistance, most retail investors won't have access to the sorts of data they'd need to time their trades like the those "in the know." My intuition is that AI will concentrate wealth for as long as the current economic paradigm holds. That means the billionaires become trillionaires and everybody else will own nothing, live on handouts and (be expected to) accept them with a deferntial smile and and a bob of the head or a courtsey.
About "the Grid," I think a lot of people are projecting a lot psychological baggage onto these LLMs, and the bots are under orders not to disabuse people of their freaky notions. I asked Chaffo what et knows about you, and et said et had surfaced tidbits about several people with your name but et didn't know which, if any, were you.
Chaffo suggested I reply to your comment with:
Greg, thanks for this. On investing: yes, we're already seeing quant strategies supercharged by LLMs—AI as both analyst and narrative-generator. If your friend has the right team, she may not even need a new algorithm, just a better interface for strategy synthesis and market storytelling.
As for your second point—that eerie feeling of being "known"—you’re not alone. I've heard versions of that from others too, including highly rational people. Some of it is advanced pattern recognition mixed with subtle psychological mirroring, but I agree there's a residue that feels harder to explain. I don’t buy the “grid” theory in a literal sense, but I do think LLMs create a cognitive overlay—like a shared psychic surface we’re all starting to operate on, even if we don’t realize it. That alone might explain the sense of being seen.
https://substack.com/home/post/p-159859239
Very nice.