If you believe markets to be a future discounting mechanism, then they're sure as hell saying Google "figured something out" in the last year, even vs OpenAI [1]
>> After all "songxytr" is pronounced "songshitter."
I was about to post that ahem, you may want to reconsider what you've named your band / project / substack - but I guess that was... considered? ok then...
Haven't read the book in question (which looks like a sci-fi novel), but saw that "Into the Cool"[0] was referenced in the link. In my opinion, a really under-rated book... should be up there with Godel Escher Bach etc.
If anyone is interested in studying the Second Law... this is a much better read than say Jeremy England's "Every Life is on Fire" (which I think disappoints a bit in coming to the punchline.
The essence from "Into the Cool" from the amazon summary: "This second law refers to energy's inevitable tendency to change from being concentrated in one place to becoming spread out over time. In this scientific tour de force, Schneider and Sagan show how the second law is behind evolution, ecology,economics, and even life's origin. "
This just came up on a separate recent HN thread... the fictional hypercomputer:
"I Don't Know, Timmy, Being God Is a Big Responsibility" by qntm:
https://qntm.org/responsibility
Mostly agree with this. Would also financial freedom/transferability also plays a part... to have a "reserve" currency, assets denominated in that currency should be easily exchangeable. If you're hotel california - you can only buy into a currency / not sell, makes it harder to have your currency accepted by others.
"of course you can have this fine oil, but I am only going to accept Rupees if you let me spend it on your vast array of Indian made 155mm cannon shells and electronics which the Americans don't want me to buy"
[1] https://x.com/firstadopter/status/1993464859376468102/photo/...