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The Rogers Centre and CN Tower in Toronto |
Saturday, August 30, 2025
Taking the Weekend Off
Thursday, August 28, 2025
Why Are the Markets So Complacent?
I have been expecting a major market correction, and possibly even a crash, for some time now; that is, ever since November 5th, 2024. It should be blindingly obvious to anyone with half a functioning brain that Trump and his MAGA cronies are going to steer the US into a major crisis or be faced with a polycrisis that overwhelms the US capability to respond, and the markets are finally going to notice.
I'm not the only one who thinks this. See, for example, Paul Krugman's newsletter today, titled Why Aren't the Markets Freaking Out? Here are a couple of relevant quotes.
My read of economic and financial history is that market pricing almost never takes into account the possibility of huge, disruptive events, even when the strong possibility of such events should be obvious. The usual pattern, instead, is one of market complacency until the last possible moment. That is, markets act as if everything is normal until it’s blindingly obvious that it isn’t.
Later:
So if the conventional wisdom is that economic conditions will remain more or less normal despite highly abnormal policy, markets will remain calm until the illusion of normality becomes unsustainable. At that point market prices may “change violently.” The current technical term for this phenomenon is a “Wile E. Coyote moment” — the moment when the cartoon character, having run several steps off the edge of a cliff, looks down and realizes that there’s nothing supporting him. Only then, according to the laws of cartoon physics, does he fall.
You might ask why smart investors with long time horizons don’t foresee Wile E. Coyote moments and get very rich in the process. Some do. But for reasons that would take another long post to explain — maybe a primer one of these days — there never seem to be enough such investors to shake market complacency, no matter how unwarranted. It’s one thing to short a stock, but to short the entire market is a completely different beast.
And yes, he does provide receipts to back up his assertions.
I think I will forward this column to my financial advisor.
Wednesday, August 27, 2025
Word Docs Now Saved to the Cloud by Defau;lt
If you use Microsoft Word as part of Microsoft 365, you need to look at this article from Office Watch. Microsoft has changed the default save location for Word docs to the cloud, either OneDrive or SharePoint. You can change it to a local directory on your computer, but it takes a bit of effort.
This is an arrogant but inevitable step by Microsoft to ram OneDrive down the throats of their paying customers. A change made to benefit the company with little consideration of the customers’ legitimate needs.
Here’s what we know about this change (announced today) based on Microsoft’s carefully crafted description. Office Watch will report more once we can test the new Word build ourselves to see how it really works.
I'm not impressed. I don't use OneDrive any more than absolutely necessary. Windows wants to use it for screen shots, for example. I can live with that, but I want files I create in a specific location for which I have backup routines in place.
Tuesday, August 26, 2025
Featured Links - August 26, 2025
Links to things I found interesting but didn't want to do a full blog post about.
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Front yard hyacinths. |
Sunday, August 24, 2025
Photo of the Week - August 24, 2025
This week's photo is of construction for the new Ontario Line, a major subway project in Toronto. Construction is well underway, and if I'm lucky and Metrolinx doesn't screw up the way they did with the Eglinton Crosstown line (which is still not open after more than a decade), I may live long enough to ride on it around 2030. I believe this is the site of the East Harbour station on the east side of the Don river.
I took this with my Pixel 8 Pro on the way downtown, shooting through the Go Train window, so it's not the greatest quality, but it is an interesting scene. The scale of construction on the way into Union Station is very impressive.
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Ontario Line construction in Toronto |
Saturday, August 23, 2025
Saturday Sounds - Tedeschi Trucks Band - August 12, 2025
Friday, August 22, 2025
List of AI Writing Tells
This is a list of writing and formatting conventions typical of AI chatbots such as ChatGPT, with real examples taken from Wikipedia articles and drafts. Its purpose is to act as a field guide in helping detect undisclosed AI-generated content. Note that not all text featuring the following indicators is AI-generated; large language models (LLMs), which power AI-chatbots, have been trained on human writing, and some people may share a similar writing style.The listed observations are empirical statements, not normative statements (except notes on how strong an indicator something should be taken to be). The latter are contained in Wikipedia's policies and guidelines. Any normative content about what kind of formatting or language not to use in articles is not topical here; it might belong in (and is probably already present in) the Manual of Style.
Here's just one item from the list.
Rule of three
LLMs overuse the 'rule of three'—"the good, the bad, and the ugly". This can take different forms from "adjective, adjective, adjective" to "short phrase, short phrase, and short phrase".
Whilst the 'rule of three', when used sparingly, is considered good writing, LLMs seem to rely heavily on it so the superficial explanations appear more comprehensive. Furthermore, this rule is generally suited to creative or argumentative writing, not purely informational texts.
Examples
The Amaze Conference brings together global SEO professionals, marketing experts, and growth hackers to discuss the latest trends in digital marketing. The event features keynote sessions, panel discussions, and networking opportunities.
When I was working at the TSX, I used Paul Beverley's wonderful FRedit Microsoft Word add-in to scan my documents for words and phrases that I would review and likely change. It could easily be adapted to catch many of the AI signatures (in poker terminology, tells) in a document. Some of Paul's other tools would also be useful in analyzing documents to spot content that has been produced by an LLM.
What I'd really like is a browser extension that would flag web pages that appeared to be AI-generated. I know there are such tools and may do a bit of digging to find one that would work for me, preferably one that's open source. Suggestions are welcome.
Tuesday, August 19, 2025
Featured Links - August 19, 2025
Things I found interesting but didn't want to do a full blog post about.
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Seven swans on the bay |
- NordSpace breaks ground on new Atlantic Spaceport in Newfoundland "Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month."
- Ford’s Plan to Dig a Tunnel under Highway 401 Is Almost Certainly Doomed. "At this point, what do you even say about a guy like Doug Ford? His latest commitment to doubling down on blasting a tunnel under Highway 401, the busiest in North America, ought to disqualify him from the Ontario premiership."
- Supervolcano shows signs of waking up, which is not a good thing, but scientists have a plan. It looks like a massive eruption is unlikely but smaller eruptions are certainly possible.
- New Brain Interface Interprets Inner Monologues With Startling Accuracy. "Scientists decoded the silent inner thoughts of four people with paralysis, a breakthrough that could transform assistive speech."
- Antarctica’s Ghost Hunters: Inside the World’s Biggest Neutrino Detector. "Physicist Carlos Argüelles-Delgado gives us an introduction to this one-of-a-kind facility, one of the most successful neutrino detectors in the world."
- The Republican campaign to stop the U.S. EPA from protecting the climate. "An audacious effort to destroy climate regulations is likely headed for a showdown at the Supreme Court."
Monday, August 18, 2025
2025 Hugo Award Winners
The winners of the 2025 Hugo Awards were announced at the Seattle Worldcon Saturday evening. These are the fiction winners.
- BEST NOVEL: The Tainted Cup by Robert Jackson Bennett (Del Rey, Hodderscape UK)
- BEST NOVELLA: The Tusks of Extinction by Ray Nayler (Tordotcom)
- BEST NOVELETTE: “The Four Sisters Overlooking the Sea” by Naomi Kritzer (Asimov’s, September/October 2024)
- BEST SHORT STORY: “Stitched to Skin Like Family Is” by Nghi Vo (Uncanny Magazine, Issue 57)
- BEST SERIES: Between Earth and Sky by Rebecca Roanhorse (Saga Press)
- BEST GRAPHIC STORY OR COMIC: Star Trek: Lower Decks: Warp Your Own Way written by Ryan North, art by Chris Fenoglio
Sunday, August 17, 2025
Photo of the Week - August 17, 2025
This week's photo is another one of a farm north of Oshawa. I'm impressed by the industrial scale of some of these operations; something that most people don't associate with farms. I don't know what this complex is; my guess is that it's for processing corn. It was taken from our car with my Pixel 8 Pro, No, I was not driving!
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Industrial farming north of Oshawa |
Saturday, August 16, 2025
Saturday Sounds - Radiohead - Hail to the Thief (Live Recordings 2003 - 2009)
There was a time, about 20 years ago, when I was quite a big fan of Radiohead. Their music isn't what I typically listen to, but something about it clicked. I never did manage to see them live, which is probably just as well given the abysmal acoustics of the Air Canada Centre (now Scotiabank Arena).
This week's musical treat is a just-released live album consisting of most of the tracks from Hail to the Thief recorded between 2003 and 2009. It definitely reminds me of why I liked them at the time. You can read more about it in this article from Rolling Stone. (paywalled but the Reader View extension will show it to you if you are using Chrome).
Thursday, August 14, 2025
We're Toast 62
This post is a collection of links that support my increasingly strong feeling that the human race (or at least our technological civilization) is doomed.
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Golfing while the world burns |
Tuesday, August 12, 2025
Featured Links - August 12. 2025
Thins I found interesting but didn't want to do a full blog post about.
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Summer flowers looking a bit wilted |
Saturday, August 09, 2025
Saturday Sounds - Go Ride the Music - Jefferson Airplane and Quicksilver Messenger Service
This week's musical treat is another trip back to the 1970s featuring two of San Francisco's greatest bands: Jefferson Airplane and Quicksilver Messenger Service. The video was originally broadcast on PBS in December 1970 and features songs from both bands.
I watched it on a black-and-white TV when I was in university. I tried recording the audio with a mike in front of the TV using a portable reel-to-reel from the student radio station where I was a DJ but unfortunately misthreaded the tape. In any case, I've had an audio bootleg of it for years, but this is the first time I've seen original video.
There are very few good recordings of the Airplane playing live, even if it was in a recording studio, so this one is special. Quicksilver were past their prime by this time, but still enjoyable. The audio quality is very good but the video could use some upscaling.
I have a request: If you have some across a recording of the Airplane's performance at the East Towne Theatre in Detroit in November 1969, please let me know where I can find it.
Sunday, August 03, 2025
Featured Links - August 5, 2025
Things I found interesting but didn't want to do a full blog post about.
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A farm north of Oshawa |
- The 10 apps I can't live or work without - on Windows, Mac, and mobile. I've been reading Ed Bott's articles and listening to him on podcasts for years. You can trust his research and his opinions. You might also want to read this article he wrote about the comments section for the article.
- Midcentury Dreams. "Chesley Bonestell and Willy Ley's The Conquest of Space". I remember that book fondly, and the movie that was based on it.
- Flourishing chemosynthetic life at the greatest depths of hadal trenches. Life at 9 km. deep in the ocean. This might bode well for the prospect of life in the outer icy moons of the solar system.
- A perfect storm (gift link). "As wildfires and storms fuel climate worries, the rise of weather content on social media shows there's a fine line between preparation and obsession."
- I Trusted Gemini With a Web Search and It Sent Me Straight to a Scam. "AI is creeping into more parts of the internet, answering search queries, recommending downloads, and even deciding what emails deserve your attention. But just because it sounds helpful doesn’t mean it always knows what it’s doing."
- Dennis McNally’s Last Great Dream: Memories of Working with the Grateful Dead, Tracking Kerouac and Exploring How Bohemians Became Hippies. I definitely want to read this.
- De-Google Project Update. "I introduced this family project in the spring of 2024. I won’t reproduce those arguments for why we’re working on this, but in the current climate I feel like I hardly need to. Since that post, our aversion to Google dependency has only grown stronger. Progress has been non-zero but not fast."
Saturday, August 02, 2025
Off for the Long Weekend
It's another long weekend up here in the Great Green North, this one known as Simcoe Day in Ontario. July was ridiculously hot and humid with episodes of wildfire smoke, so enjoying the outside was difficult. This weekend looks more pleasant so I'm taking the weekend off to enjoy it and give my heat-stressed yard some TLC. I'll be back here on Tuesday.
In the meantime, here's a photo of another farm north of Oshawa baking in the hot July sun. I hope they've gotten enough rain because it's been pretty dry here.
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A farm north of Oshawa |
Friday, August 01, 2025
Review: The Lion King
Nancy and I went to see The Lion King in Toronto last night at the Princess of Wales Theatre. I am not a big fan of the original cartoon and I haven't seen the live action remake, but the stage musical is wonderful. The story line is standard Disney, warmed over fairy tale, with African elements but the staging and production raises it to another level. It's by far the most complex show I've ever seen staged and it's beautifully done.
Our seats were up in the balcony so it wasn't be best experience for me as far as seeing the details of the costumes and sets, but it was good for appreciating the staging. The actors, the music, and the sound were all first rate and the costuming and puppetry were exceptional.
It's showing until the end of August and tickets are still available. The lady sitting next to us got same day rush seating. I suspect most of the floor seats are taken by now, but the theatre isn't that big and balcony seats are fine.
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The Lion King curtain call |
Movie and TV Reviews - July 2025
Movies and TV shows that Nancy and I watched in July. I do these posts mainly so I can keep track of what we've been watching, so the reviews are cursory. Now that it's baseball season, there will probably be fewer items here.
Movies
- Mickey 17: I had high hopes for this one, having heard the book was good, but about halfway through it pretty much fell apart. (Amazon Prime)
- Heads of State: Quite reminiscent of the "x Has Fallen" series, but even worse. Well made, but dumb, cliché ridden, and jingoistic. (Amazon Prime)
TV Shows
- The Art Detectives: A police procedural about art theft and fraud. Definitely on the lighter side of the genre but enjoyable. (The documentary series, Art Dectives, is etter.) (Acorn TV)
- Severance (season 2): Even more confusing that season 1 but watchable until about halfway through the season. I lost interest by the end. Kudos to the production's team for the quality of the cinematography and Apple TV+ for the streaming quality, which is the best of any of the services we subscribe to. (Apple TV+)
- The Librarians: The Next Chapter. Light fantasy about a library of supernatural objects and the librarians who are tasked with keeping them secure. (Crave) Shot in Belgrade so the settings are interesting.
- Star Trek: Strange New Worlds (season 3). It's getting time to retire the franchise, I think. It's gotten too self referential and the stories are getting buried in glitzy effects. (Paramount+)