markjgsmith

Rate 'rigging' traders say they were scapegoated - now the Supreme Court will decide - Noteworthy because the move from Libor to Sofr as the index which helps to set interest rates has been heralded as a moment of liberation for the US, since Libor was set by London banks. Turns out it was being manipulated, not just by these traders, but also by central bankers and governments worldwide, at even bigger magnitudes. bbc.com #

The Best Breakdown of America You've Never Heard - Richard Miniter - Very interesting history about the 4 main groups of people that migrated originally from Britain. They each had very distinct philosophies and politics, and they setup in different places in the US. podcastindex.org #

Highlights from the Claude 4 system prompt - Simon Willison very often has some interesting things to say aboug LLMs and his experiences with them. This post gets into the system prompts, they are a sort of unnoficial manual. simonwillison.net #

Elon Musk Just Showed Off The Most Humanlike Robot Ever - They are scheduled to manufacture 5000 robots by end of year, and 50000 planned for the following year. Says it will be the fastest growing product of all time by a factor of 10. Even if he is half wrong in his prediction, has the potential to really change what the world looks like kind of quickly. The figure 100 million units per year is mentioned, which is totally bonkers. We are entering the age of sustainable abundance, which sounds very nice. youtu.be #