TSEM - 9% up today. Only yesterday I was considering it. Cowards never win.
Friday, August 22, 2025
Thursday, August 21, 2025
Tasmania
By 1804, the British colonial government & their convicts started to slaughter and murder the Tasmanians in cold blood because they didn’t consider the Aborigines to be full humans.
From X.
Not really. The main issue was that they stole the sheep.
118 Aborigines were killed by British settlers between 1803 and 1834. Seventy-two of these killings took place during the warfare of 1824-31, in which Aborigines themselves slew 187 whites, including women and children.
The last Tasmanian died around 1854.
BTW, Australian Aborigines were latecomers. The continent was peopled by Philippine pygmies, and they replaced them. That is the sapiens way.
Wednesday, August 20, 2025
Europe exists
The President of the United States faces the leaders of Europe. We live in a tri-polar system: America, the EU, and China. The EU project is developing flesh and bones. It is no longer the 1951 Coal and Steel Community founded by Schumann.
Tuesday, August 19, 2025
Optimism in Israel
More Mutual Funds CEO and CIO Yotav Costica agrees that the market optimism stems from expectations that are broader than a deal with Hamas. He says, “The last few months have been very positive for the Israeli capital market, which has managed to deliver significant excess returns relative to the world, both in the stock market and the bonds market. This was due to the military success in Lebanon and the subsequent ceasefire, the fall of [Syrian president Bashir al-]Assad and the election of [Donald] Trump. We estimate that the positive trend will continue due to the emerging [Hamas] deal, which could provide a tailwind for the Israeli stock market, which may continue to outperform Europe and the US. In addition, it can be assumed that the shekel, which has been one of the strongest currencies in the world in recent months, will continue to strengthen, especially if we see the Abraham Accords expanding.”
Saturday, August 16, 2025
AI speaks fluent Halandzsa
Rather than showing the capability for generalized logical inference, these chain-of-thought models are “a sophisticated form of structured pattern matching” that “degrades significantly” when pushed even slightly outside of its training distribution, the researchers write. Further, the ability of these models to generate “fluent nonsense” creates “a false aura of dependability” that does not stand up to a careful audit.
As such, the researchers warn heavily against “equating [chain-of-thought]-style output with human thinking” especially in “high-stakes domains like medicine, finance, or legal analysis.” Current tests and benchmarks should prioritize tasks that fall outside of any training set to probe for these kinds of errors, while future models will need to move beyond “surface-level pattern recognition to exhibit deeper inferential competence,” they write. __ Fluent Nonsense
Halandzsa is a secret language invented by Karinthy Frigyes in Budapest in the 1920s. Two people are chatting when a third, uninvited fellow comes near to take part in the conversation. The original participants continue as before, but introduce invented words and sentences, making the third person wonder what they are talking about and in what language. After a while, he gives up and leaves. They were speaking "Halandzsa". AI learned the art and speaks it fluently.
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