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Comment Re:And AI will make this worse (Score 1) 211

ED: EEG, not fMRI.

And again, that's not to imply that they have any particular "mastery" in this specific case. Obviously, if they just typed "write the essay for me" into ChatGPT and submitted it without reading it, then they're not going to have learned much of anything from that. The question is, however, what did they do with their time instead? Because their brain was learning that instead.

Comment Re:And AI will make this worse (Score 4, Insightful) 211

The correllary to "use it or lose it" is that the brain isn't just going idle, it's refocusing its efforts on other things that you are "using" instead.

The average person today could hardly identify all the wild edible plants in their area, change a horseshoe, or build a proper barn, like their ancestors hundreds of years ago could.

By contrast, their ancestors hundreds of years ago probably couldn't read.

Brains don't just go idle; they just refocus on different things. A wealthy Victorian often pursued a life of a polymath, seeking varied intellectual pursuits and sometimes making great discoveries, but they could probably scarcely tell you how to mend a shoe or even change a nappy - that was their servants job.

Also, it's quite the spin to present low MRI activity as "reduced function". It's commonly literally the opposite. If you present a novice with a task they're not used to, and an expert with the same task, the expert will tend to show much less activity than the novice, as the novice has to think harder to accomplish it, whereas it's become rote for the expert. Low activation on a task is commonly a sign of cognitive efficiency.

Comment Let's see... (Score 2) 170

Has an agreement actually been reached? Both sides agree on the terms?

How much was given away to get it?

How will Trump and his stooges spin it?

How long will it last?

I hope you'll forgive me for being skeptical, give what has happened up 'til now.

Comment Re: Nothing backs it (Score 3, Insightful) 110

And also an inflationary currency is a very bad thing.

For one, it screws over debtholders (aka, most people), as the value of the debt owed grows instead of declining. If you work for a company making lumber, and a given board sells for $10 now, but 20 years from now sells for $5, and you sell the same number of boards per unit labour with the same relative margin, then all else being equal, your salary must be half in 20 years what it is today. But that mortgage that you took out today for $200k is still $200k (adjusted for interest and payment of principal). Which you have to pay on with a salary that is half what it is in dollars. That person is totally screwed.

Secondly, it discourages spending. The more you delay purchases, the more you'll be able to buy in the future. So everyone is encouraged to not spend. Which screws over your economy. It also screws over your tax base when taxation is based on taxing spending. Meaning you have to raise your spending-related taxes, which further discourages spending.

Third, it worsens wealth inequality. If you're living paycheck to paycheck, you have no savings. If you're a billionaire, you have a lot of savings. The billionaires see their assets grow and grow, and it comes at the cost of the working class. Also, said billionaires are encouraged to keep their money as cash rather than investment, which further ruins your economy.

This is no way to run an economy.

Another thing you REALLY don't want in an economy is instability. Aka, Bitcoin's fundamental nature, because it has no fundamentals and no attempt at monetary policy. Economies are fundamentally unstable. If you do not regulate them, they swing wildly. The faster an economy moves - and economies keep moving faster as technology advances, it no longer takes half a year for goods to arrive on a sailing ship or weeks to communicate with the other side of your country - the more unstable it is. This is terrible for both individuals and businesses.

What you want in an economiy is:

* Stability
* Low and steady inflation - a couple percent, to encourage spending, slowly devalue debts, and encourage investment. Too much is bad. Too little is bad.

Comment Re:Nothing backs it (Score 1) 110

Yet, silver is valuable as both a monetary metal and industrial metal.

Unlike bitcoin. You summed it up nicely right there.

Right now, I want to buy tin-silver alloy, to use in casting. But the prices of both tin and silver are insanely expensive right now. So I'm not buying now. If the prices go down? I'll buy. If they go down a lot? I'll buy a lot, perhaps even to sell on my sales website. And this buying is to *use* it. Which takes it off the market. There are fundamentals behind silver.

There are no fundamentals behind bitcoin.

Comment Re:The search for the greater fool came to an end (Score 5, Insightful) 110

401ks have fundamentals behind them (comprised of companies that make products and services that people want to buy, generally as repeat-buys)

Governments have fundamentals (the ability to levy taxes, backed by the full force of the courts, the police, and ultimately, the military)

Bitcoin has no fundamentals. It's a collectible. Its value is based purely how much people want that collectible. The only reason, as was stated, that people were buying it was as a lottery ticket. But there is no reason to "own" it beyond that. It's not generating dividends or doing stock buybacks based on profits. It's just there for those who want to collect it. And its value depends on how much people want to collect it.

(Arguably its greatest power is that its holders stand to lose so much if regulation goes against them that they tend to be very politically active, with large donations to pro-crypto candidates)

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