πͺ Friday charts
AI Summary
Newsletter explores historian Ada Palmer's thesis that people consistently worry about the wrong things throughout history, using examples from Columbus's discovery of the Americas to current AI fears. Charts show data on job security concerns among high earners, middle class mobility, AI's impact on software jobs, and declining US fertility rates.
Key Facts
Author Takes
Historical worry patterns
If we can't worry about the right thing, why worry at all? Let's check the charts instead
AI apocalypse fears
We're not living through an apocalypse, we're living through an information revolution like generations before
Contrarian Angle
Stop Worrying About the Wrong Things
Ada Palmer's historical analysis suggests we should stop worrying altogether since humans are consistently wrong about which changes matter
Anti-conventional wisdom approach of accepting we can't predict what to worry about
Related topics
More from The Breakdown
πͺ The onchain gacha machine
Blockworks writer Byron Gilliam explores Collector Crypt, an onchain gacha platform where users spend USDC to open randomized PokΓ©mon card packs, with
πͺ The new math of new news
A new study titled 'The Inefficient Pricing of News' finds that markets are surprisingly slow to incorporate news into stock prices, with an LLM-based
πͺ Thursday Links
This Blockworks newsletter covers four topics: academic research on sanction-evasion MEV in stablecoin enforcement, a critique of Strategy's STRC pref