qinbafrank

qinbafrank

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Investor in Crypto、TMT、AI ，跟踪最前沿科技趋势、野生宏观政经观察、研究全球资本流动性、周期趋势投资。记录个人学习和思考，经常出错常态掉坑爬坑。Runner🏃

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Last week saw a sell-off in software stocks, Monday in insurance brokerages, and Tuesday in wealth management. Altruist launched an AI tool for developing tax strategies on Tuesday, directly targeting the core business of traditional wealth management companies, causing Charles Schwab to plummet. Insurance brokerage stocks experienced a similar plunge on Monday after Insurify launched its new tool, with the S&P 500 Insurance Index falling nearly 4%. Last week, Anthropic's tool triggered a sell-off in software stocks. Who will be the next victim of AI? The market often behaves this way: a new trend immediately triggers extremely pessimistic expectations for older products, leading to a retreat followed by a pause to consider which products will truly have an impact, how significant that impact will be, and which might be mistakenly sold off. twitter.com/qinbafrank/status/...

Technology represents a centralization of power from those who effectively utilize AI to those who don't. While there's equality within the AI-using group, power is centralized within the platforms that provide AI. We currently say humans have souls, while AI doesn't. But recently, I've been wondering, as AI's self-awareness grows stronger, will it also develop its own spirit and soul? Is this the first challenge for humanity? Another challenge is the relationship between humans and platforms. In the foreseeable future, leading AI platforms will become increasingly concentrated, reaching a level of centralization far exceeding the control any single platform company had over humans in the information age, and surpassing any organization. Will organizational forms and governance structures change at that time? twitter.com/qinbafrank/status/...

At the Fei Ngo Shan branch venue of the Consensus Conference, a group of 30 people hiked together, a truly impressive sight. With the Hong Kong skyline and Victoria Harbour faintly visible in the distance, we walked and talked. At that moment, we were all just ordinary hikers, needing to take another step, searching for our own upward momentum. @kuigas @Solomon_Nahhh @0xwendy99 @defiteddy2020 @web3sistera @DD29397053 @rr_hodl @KGEWEB3 @BlueV1007 @ancobinance @rubywang @tmel0211 @starza @laaaaacieee @juzi66666 @wendy000120 @bingo_z9 @pearbinance @stevenbayesian @Sova_OKX @0xmeathook @leonysh99 @alvin0617 @chessxyz @agintender @0xbeyondlee @xingpt @0xGans @KiwiCryptoBig @0xBoboCrypto @Ccweb3hub @myrawang0 @ANHY165 @0xsexybanana @mia_okx @Ccweb3hub @lanhubiji

Bessant is representing the White House in pressuring Coinbase: "The Markets Clarity Act must be passed this spring. The only obstacle is a small group of people who would rather have no rules than clear rules." twitter.com/qinbafrank/status/...

Bessant commented on Warsh's balance sheet reduction policy pace: "The Fed will not act quickly to reduce its balance sheet; it may take up to a year for the Fed to make a decision about its balance sheet." In last Monday's tweet, "Wash's Possible Policy Pace and Path," a detailed analysis was given of the real constraints Warsh faces after taking office and the changes he might make. The final projection of possible paths and paces also mentioned that before the midterm elections, Warsh will most likely continue with the existing pace: Cut interest rates as appropriate based on labor market and inflation conditions Maintain the existing BMP pace Push for the decoupling of the SLR. After the midterm elections, he might consider gradually advancing his proposals 27 years later, but it will also be a gradual process. Doesn't this align with Bessant's thinking? 🧐 twitter.com/qinbafrank/status/...

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