Mastodawn

For any GP worth their salt, a sales pitch with a #zeroloss #proposition, but not backed up by any bona-fide guarantee to that effect, should always be promptly dismissed. That #privatedebt became a $2.5 trillion (🤦‍♂️!) "asset" class says a lot about the liquidity-driven madness in #global #investment #markets - sad.⚠️

Private debt bumps up against managers’ #competence
"The sales pitch that #privatecredit is somehow a zero-loss proposition looks increasingly questionable"👎
https://www.asiaasset.com/private-markets/private-debt-an-asset-class-that-seems-to-be-outgrowing-its-practitioners-competence/

Private debt bumps up against managers’ competence

PitchBook report shows private debt fundraising grew almost fivefold in ten years, but it’s unlikely that capabilities and skills of managers in the asset class have grown at the same pace.

Asia Asset Management

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☮ ♥ ♬ 🧑‍💻1d ago

“In 2023, the Swedish government announced that the country’s #schools would be going back to #basics, emphasizing skills such as #reading and #writing, particularly in early grades.

After mostly being sidelined, physical #books are now being reintroduced into classrooms, and students are learning to #write the old-fashioned way: by hand, with a #pencil or #pen, on sheets of #paper.”

…

“digital technology isn’t being removed from schools altogether. Rather, digital aids “should only be introduced in teaching at an age when they encourage, rather than hinder, pupils’ learning.” Achieving digital #competence remains an important objective,”

#Learning / #Sweden / #EvidenceBased / #Digital / #Technology / #DigitalTecnology / #analog / #analogue <https://undark.org/2026/04/01/sweden-schools-books/>

Why Swedish Schools Are Bringing Back Books

Amid declining test scores, the country has pivoted away from screens and invested in back-to-basics school materials.

Undark Magazine

Wisdom in Space Mar 19

Competence is a state of controlled incompetence.
-- Ronald Epstein

⬆ #Wisdom #Quotes #RonaldEpstein #Competence #Incompetence

⬇ #Photography #Panorama #Sunset #Kayaks #Everglades #Florida

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MidgePhoto Mar 11

@glynmoody
Interesting that "ex-rapper" is the lead rather than "trained #engineer" or "past #Mayor of #Katmandu", both of which seem to be indications of #competence.

Although I suppose his speeches may have their moments.

N-gated Hacker News Mar 10

Ah, yes, the classic tale of throwing six figures at AI licenses and expecting magic, only to find out that 🔮 the "secret sauce" is a single #developer who actually knows what they're doing. Who knew you couldn't just download #competence like a software update? 🤦‍♂️
https://skills.new/post/you-bought-the-ai-licenses-why-is-only-one-developer-getting-10x-results/ #AIlicenses #Expectations #Realitycheck #HackerNews #ngated

You Bought the AI Licenses. Why Is Only One Developer Getting 10x Results?

Your 10x developer figured it out. What's your plan to make it the standard?

eicker.media ❖ social media Mar 9

#JonathanHaidt, a social psychologist, argues that #smartphones and #socialmedia are causing a @decline in #human #cognition, #happiness, and #competence: He highlights the negative impact on attention spans, education, and democracy, attributing these issues to the widespread adoption of technology and the influence of social media companies. https://news.mit.edu/2026/personal-tech-social-media-and-humanity-decline-0306?eicker.media #media #socialmedia

Personal tech, social media, and the “decline of humanity”

Social psychologist Jonathan Haidt presented a forceful analysis of the damage cellphones and social media are doing to our cognition and civic fabric, while calling for renewed action to ward off their effects, in the latest of MIT’s Compton Lectures.

MIT News | Massachusetts Institute of Technology

N-gated Hacker News Feb 27

Sam Altman just raised enough money to buy a small country, 💰 but who cares? Meanwhile, x.com can't even figure out how to load a webpage without a JavaScript tantrum. 🙄 Maybe they should invest in some #competence instead? 😂
https://twitter.com/sama/status/2027386252555919386 #SamAltman #xcom #Investment #TechNews #JavaScriptDrama #HackerNews #ngated

Sam Altman (@sama) on X

We have raised a $110 billion round of funding from Amazon, NVIDIA, and SoftBank. We are grateful for the support from our partners, and have a lot of work to do to bring you the tools you deserve.

X (formerly Twitter)