Essay
No Free Lunch at the Slop Trough
Most enterprise AI wins and failures come down to one question: did it reduce entropy, or add it? LLMs are good compressors and bad expanders.
Adam J. Smith - AI, Technology & Economics
All
Essay
Markets Need Disagreement
'The knowledge needed for a rational economic order never exists in concentrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.' — F.A. Hayek
Paper
Competence and Coherence: The Structural Foundations of Enterprise AI Readiness
A formal decomposition of enterprise data architecture for AI. We reduce operational data to ontological primitives and show that AI readiness is a function of coherence: how far the enterprise has standardized its own ontological representations.
Essay
Attention is All You Have
Our attention is stolen in pennies, by notifications and emails and feeds, until our entire fortune is gone. What I want from AI is a bouncer: something that keeps the riffraff out so I can focus on what matters.
Essay
What is the Value of Data?
'Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.' — Ludwig von Mises
Essay
Bandwidth, Signal, Noise
'We shape our tools, and thereafter they shape us' — Marshall McLuhan