Rabbit Holes a commonplace book,❦kept in the open
¶ 456 · a public commonplace book

Hi, I’m Bhuvan.This is my commonplace book.

It is a linkblog and digital garden for the weird, wonderful, and unexpectedly useful things I find on the internet. Read what I have kept below, wander through a subject, or visit Small Web, my directory of independent blogs.

Recently kept ❦
September 2026
456 Musing

Galbraith’s Antidote to Economic Dogma

source en.wikiquote.org

I react to what is necessary. I would like to eschew any formula. There are some things where the government is absolutely inevitable, which we cannot get along without comprehensive state action. But there are many things — producing consumer goods, producing a wide range of entertainment, producing a wide level of cultural activity — where the market system, which independent activity is also important, so I react…

keep reading — 2 min ↗
EconomicsJohn Kenneth GalbraithCapitalism 4 threads →
454 Link

Mancur Olson on collective action

source Wikipedia

In his first book, The Logic of Collective Action: Public Goods and the Theory of Groups (1965), he theorized that what stimulates people to act in groups is incentive; members of large groups do not act in accordance with a common interest unless motivated by personal gain (economic, social, etc.). While small groups can act on shared objectives, large groups will not work towards shared objectives unless their individual…

keep reading — 1 min ↗
EconomicsMancur OlsenCollective action 4 threads →
453 Link

How to value companies when you're a cokehead

source Financial Times

Now, TAM is de rigueur in any venture capitalist’s slide deck or IPO prospectus. Its usefulness is another matter. Uber touted a $12.3tn TAM in its 2019 listing; its annual revenue today is less than $60bn. WeWork’s $3tn addressable market of office properties didn’t save it from bankruptcy. But for a company like Anthropic, TAM is as good a place as anywhere to start. Investors aren’t groping totally in the dark, thanks to…

keep reading — 1 min ↗
AIAnthropic 4 threads →
450 Musing

Notes from messing around with vision, text, and audio models

The bulk of my vibe-coding experiments over the last few months have involved audio and video, or rather audio and vision, and I’ve been experimenting pretty heavily with multimodal models. So this is just a small guide based on what I’ve used. If you have some project where you need vision capabilities for text…

keep reading — 14 min ↗
Multimodal modelsAudio modelsLarge language models 4 threads →
⁂ Pulled from the stacks pull another from the archive →

One older leaf, brought back into the light.

208 Link

We need to think about the welfare of digital minds

source Benthams on Substack

Why think this? First, digital minds could be produced with amazing efficiency. Computing has grown vastly more efficient. If digital minds are possible, it should be cheap to create them in enormous numbers. Second, in the far future, we should expect access to lots of energy. In the next many billions of years, we are likely to find ways of harnessing enormous amounts of energy. Nearly all the stuff in the universe that…

keep reading — 2 min ↗
Digital minds, Robots 4 threads →
❦ 456 folios · last kept 24 September Open the full archive →