It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

Adam Smith — The Wealth of Nations

@underscored

economicsbankingcapital-allocation

"It was obvious to us that 10,000 other people were going to go do the content thing," he says. For Ghetti, those "flashiest" uses missed the most important questions: how could we use technology to truly understand our own digital footprint, our own precious data? More importantly: if we got there, how would we control those treasure troves, so that we weren't putting the big AI labs like OpenAI in charge of our own "personal worlds"?

Alex Konrad

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data-privacyaipersonal-data

Why unlimited local inference changes the use-case math in a way a $20 cloud subscription never can

Claire Vo

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local-aiproduct-strategyai-tools