The results from last week’s health screening came back clear of all major issues, so I’ll sleep soundly on that front for a little while at least! The only note was that I could cut back a little on the carbs and saturated fats, which makes me wonder what I’ve done differently since the last test. Could it be… that I was eating more healthily when I went to the office more often? Those downtown mall lunches were more expensive than the kopitiam/hawker fare I get more frequently now, but I didn’t expect them to be healthier. I’ll have to look into this a little more.
It’s no secret that one of the more reliable indicators we’re in a frothy bull market is a rising number of people mistakenly believing they can quit their jobs and live off day trading, and while that wasn’t my plan, I’ve certainly done a touch of it this year. What can I say? Gambling is fun! But then Trump declared another tariff war on China this Friday, troubling markets and triggering major liquidations on some altcoins. I know it was bad out there because my feeds were full of people urging others not to kill themselves. The coming week is probably going to be a very interesting one on Bloomberg, which I expect to have on the TV in the background all day.
That is, if the internet is even working. Our ISP has been struggling with at least two outages this week during waking/working hours. The connection is down right now as I write this bit on Saturday evening, which is surely an unpopular time for the net to go down. I’ll bet someone’s been called in to reboot a server rack somewhere right now. In times like these, I’m thankful for my irrationally large mobile data plan and our local NAS media server. There’s some kind of strategic error being made by governments here. Centralizing all the angry-mob-placating media on the cloud where it can go down in the middle of a crisis? The kind where you tell people to stay indoors and wait? I’ll bet DVDs actually played a role in maintaining law and order in the old days.
Speaking of shutting down a digital grid, I had the opportunity to see the new Tron: Ares film with Brian the night it premiered and had a great time despite Jared Leto taking the titular role. It’s not a franchise that aims to make sense, or be scrutinized for narrative integrity — it’s about the neon lights, banging electronic music, and videogame-ish eye candy, and this new one delivered on all counts. I can’t even get mad; it really is just a good time as long as the volume’s way up.
Quick aside: I’ve been using Claude more than ChatGPT recently to give it a fair shake, mostly spurred by curiosity after their recent marketing campaign, and honestly? The outputs seem more insightful, more strategic, and it’s a better writer. It feels more my speed, and I’m a new fan.
Still on the topic of digital networks, I got roped into helping start and moderate an online alumni group for the design agency I used to be part of, and we quietly launched it this week. What set this one workplace apart was the feeling of being a truly connected team where, for a brief period in time, absent any territorial agendas or business borders, people could share knowledge across (and even move freely around) the different global offices. And it’s been really nice to see many people say as they join the #introductions channel on our Slack that it remains the best job they ever had. Where does it go from here? I think that depends on how many atypically extroverted designers we can get to foster some sort of social infrastructure.
Coincidentally, I met one of those ex-colleagues for an overdue breakfast: our first intern and proper employee in Singapore, who’s also a regular reader of this blog. Hi Xin! I hadn’t seen her in a year, so even after 90 minutes of catching up it still felt like there was lots we didn’t get into. Anyway, you wouldn’t have known it was a random weekday morning from the line waiting to get into the suburban cafe/bakery we chose. Every table was occupied by both foreign and local-looking unemployed bums alike, all enjoying $28 breakfast plates and $18 slices of toasted sourdough topped with avocado. We’re constantly being told local restaurants are barely hanging on, but then you see the brunch scam still going strong and it’s like wha…?
More counterdata was encountered while celebrating a very belated birthday dinner for Kim at Cudo, a South-American-ish sort of restaurant in the Amoy Street area. It was fully packed out (albeit on a Friday night), and I highly recommend them on account of solid tropical cocktails (Bourbon! Coconut! Pineapple!), a really nice selection of starters (Romaine lettuce with blue cheese and anchovies; warm crab queso with tortilla chips; truffley torched yellowtail), and even better mains (wagyu rump; chorizo and ricotta pasta) at pretty palatable prices.
I can afford this baller dining-out lifestyle because I saved a ton of money on the Amazon Prime sales this week (yup it’s #girlmath). I bought replacement razor blades, a physical copy of The Legend of Zelda: Echoes of Wisdom, dental floss, a 1TB microSD Express card (finally!) for my Switch 2, protein bars, LED bulbs, LEUCHTTURM1917 notebooks, and a lifetime supply of Uni-ball Jetstream RT pens — only the best pens ever according to The Wirecutter.
I wasn’t planning to get any of this stuff soon — they’re all things I might have bought eventually. Like the 1TB card to replace the 256GB one in my Switch 2, for example, which I thought I’d upgrade to in maybe a year’s time. This made me realize that on top of driving impulse purchases, these sale events are actually about pulling forward purchases and recording future sales today to juice numbers (at slightly lower margins). Businesses are valued based on expected profits, individuals buy based on expected needs, and I guess I’ve been binging carbs and fat based on expected hunger!
Explaining money, economics, and the financial world in simple terms. No question is too dumb!
I must stress that DemystiFi is not a substitute for professional financial advice or your own research. But I started on my personal finance journey quite late by all accounts, only saving and not investing for the first decade of my working life, and missing out on much of the 2010s bull market. It was a different time: no robo-advisors, no apps for buying stocks, and not a whole lot of financial education in the system.
One of the great things about ChatGPT and generative AI models is that you can learn by having a conversation, with a lot more flexibility than just searching and reading online articles that may or may not answer your questions directly. But without explicit intervention, a lot of the info you receive will still come phrased in the secret language of finance, which isn’t especially useful for people who know so little about money they’ve resorted to asking a chatbot for help!
So I made DemystiFi to explain things in simple terms, using analogies and plain language. When it uses a financial term, it’ll stop to explain it. If you act like you know a little bit, it’ll gauge your level and ramp up to match you.
You can ask it about current events (like the announcement of a new inflation figure) and it’ll search the web to find out what happened and explain the implications to you. You can also ask it to help with matters of personal finance, like calculating how much you should save each month in order to retire at 40. It’ll work out some formulas, generate code to calculate it, and give you the results.
It’s basically the finance friend I wish I had when I was starting out, and still need many times a month these days. I hope it helps you too.
Our fridge is dying. After some eight years of dutifully cooling and freezing our food reserves, it’s losing its mind. Like a soldier left to survive too long in the jungle, it can’t tell right from wrong anymore, and it’s probably a threat to someone’s life. It started midweek when I decided to get some ice-cream and found the unopened tub mushy and soft to the touch. Ditto blocks of frozen salmon — uh oh, not a good sign.
I’ve realized in recent years that I get disproportionately upset when things go wrong in the household. They’re like waves rattling loose the stones in my psychological seawall; things at home simply need to be predictable, dependable, safe. Maybe it’s the result of some trauma. Maybe the outside world is just too much sometimes.
A new fridge has been viewed and paid for now, it will be roused from its Korean factory-induced slumber this Monday and loaded up with every surviving vegetable and condiment. I get images of them as war refugees lining up to get on a boat. They’re the tough ones, made of more shelf stable stuff. Pour one out for their fallen brothers: the spoils of war.
Do you know what new fridges cost these days? I certainly did not. I’m pretty sure our last one was under S$1,000, but they cost more now. Blame inflation, the chip shortage, whatever, but the ones under a grand now are the brands that probably don’t come to mind when you think refrigerators: Whirlpool, Electrolux, Sharp, and local OEM brands you wouldn’t think of at all. So now we’ll have our very first Samsung product, if you don’t count the displays and components they make for others.
Coupled with the so-called seasonal downturn in the markets now underway (supposedly the August and September months before a US election year tend to see significant corrections), there have been quite a few conversations about everyone feeling poor and worried. More than usual, anyway. I know one has to take a long view of these things, but the lack of bright spots is a little daunting.
CNA put out a two-part documentary on Singapore’s fiscal reserves, promising unprecedented access and interviews, which I found quite enlightening. There was a visit to a secret warehouse literally filled with tons of gold, and stories about how this war chest came into being from the early days of our independence. It had not occurred to me before that our reserves were used to weather the 2008 finance crisis and Covid without issuing more debt, a luxury most countries did not have. Nor that one of the reasons we’re able to enjoy such a low tax rate is that annual income from invested assets helps to offset spending on public infrastructure.
Here are the episodes on YouTube:
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I had fun this week with TikTok’s “Aged” filter, which is certainly not a new concept as far as apps are concerned, but it’s probably the most advanced execution yet. Through a blend of machine learning with harvested personal data from millions of non-consenting people and regular ol’ voodoo, it shows you what you’ll look like as a pensioner (should pension funds survive the financial end times). Some people have tested it on photos of celebrities when they were younger, and the aged photos reflect how they really look now, so… this is probably how you’ll turn out! Might as well get comfortable with it.
It turns out that old me will look kinda like one of my uncles, and I’ve been having fun recording aged videos in a wheezing voice and sending them to friends and colleagues.
Some of the other trending filters on TikTok are pretty sophisticated mini apps that involve a prompt box for generative AI. It takes a photo of you and will restyle it as a bronze statue, an anime girl, or whatever you ask it to do. They are also incredibly fast, compared to other generative AI image tools, which suggests Bytedance is burning some serious cash to power these models and gain AI mindshare.
I also came across a new product called BeFake that will try to take this one feature and turn it into an entire social media network based on posting creative generative AI selfies. It makes some sense — you don’t have to be camera ready (already a low bar with some of the beauty filters now available), and you can showcase wild ideas. Will this sweep the world only for people to get tired of unreality and swing back to finding “boring” posts interesting? Stranger things have happened.
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On Sunday we went to the ArtScience Museum (at the Marina Bay Sands) for a rare high-profile exhibition of digital art. Notes from the Ether says it’s focused on NFTs and AI, but it’s also got a lot of generative art that just happens to be encoded on blockchains. I was especially excited to see the inclusion of work by DEAFBEEF and Emily Xie (Memories of Qilin), and Tyler Hobbs and Dandelion Wist’s QQL project was also presented for anyone to play with.
Obviously this movement is in a weird sort of place at the moment. Valuations for most projects are as volatile as shitcoins, and a few “blue chip” projects like the ones displayed are more stable, but only about as much as bitcoin. Because NFT art is defined in large part by the medium, which is currently inseparable from talk of price and value, it’s hard to have a viewing experience divorced from these considerations. You don’t really visit a Monet exhibition and think about how much everything costs. Which is why the Open Editions I mentioned last week are interesting, and likewise with this event, which offers you a free NFT at the end. You get to co-create an artwork with an AI engine by uploading a photo of your own to be transformed, and it’s minted as a Tezos NFT if you’d like. I thought it was a very cool collectible to remember our visit by.
I don’t think I’ve ever seen more affordable tickets at this museum, just S$6 with a further 30% off if you sign up for a free “Sands Lifestyle” account, so there’s little excuse not to go if you’re remotely interested in this stuff.
Since we were already there, we also hopped into Sensory Odyssey: Into the Heart of Our Living World which pairs 8K video projections of natural scenes with immersive sounds and scents. In one space you’re smelling fresh air and damp earth in a rainforest, and in the next you’re underground with mole rats. It’s very cool, but ruined by small children being allowed to run loose in front of screens (can’t really be helped), and elderly museum staff loudly declaring that “this is a night savannah, very dark, no need to be scared!” (can be helped with training) in such a way that any illusion of being in a savannah is totally pierced — unless you’ve gone on a safari tour with a gaggle of Singaporean aunties, of course.
Happy new year to you! We celebrated NYE by staying home and having all the food in the freezer that needed finishing. And then to make up for it, we went out the next day for a nice maki sushi and sake dinner at a place called Rappu where they don’t take reservations and you have to show up at 5:30pm before they open or end up waiting over an hour in line.
It’s the wet and cold “season” here now in Singapore, which usually only lasts a couple of weeks, not nearly long enough to enjoy the unusual daytime temperatures of 22º–25ºC — in the past, when one had to commute to work, it could be a pain in the ass for traffic, especially in areas that were prone to flooding (or ponding, as the government prefers to call the phenomenon on account of it not being enough to wash away people or property), but now it’s just wonderful if you’re going to stay indoors and read.
My annual vacation plans this week were postponed into January, so I’m looking forward to staying indoors and reading a whole lot next week. I’m currently in the middle of Cory Doctorow’s Walkaway and not very compelled to keep going. Maybe I’ll… walk away and find something else.
Just 5 days left to decide whether or not to return my AirPods Max. I notice less that they’re heavy and tight, so maybe they’ve opened up a bit or I’m just getting used to the pain. The larger soundstage and sub-bass emphasis definitely makes them more fun to listen to than the plain old AirPods Pro, and I think I’d be sad if I went back to the Sony WH1000XM4. But when I think about what I could do with the refund, and realize they cost about the same as a new iPad Air, I question how sad. That said, what I really want is the new A14X iPad Pro which won’t be out for a few months yet, so I may as well keep the headphones. Well played, Tim Apple.
Last week I mentioned listening to finance-related podcasts. That has now expanded to include YouTube videos and podcasts that get published as YouTube videos, so my algorithmic homepage is really a mess right now. Dogs! Game trailers! Camera reviews! Macroeconomics!
For a few weeks now, I’d stopped watching the news and was largely ignorant of how daily COVID numbers have been progressing elsewhere in the world. This week I started paying attention again and all the headlines still sound like they did six months ago! Highest ever numbers, new waves, new lockdowns, but everyone seems committed to pretending that economies will be fine in the end. I’m wondering when the markets will start showing it, and where concerned citizens should keep their money. Out of curiosity, I checked the latest batch of Singapore Savings Bonds today, and they’re offering an astoundingly low 0.9% average annual interest over 10 years. Two years ago, it was 2%.
I’ve been playing Need for Speed Hot Pursuit Remastered on the Nintendo Switch. The original game came out 10 years ago, and it was a much harder time to be alive, in that there was no rewind feature if you tackled the corner wrong, and bumping CPU-driven cars barely slowed them down, but getting bumped by them meant that you were fucked. As I drive down these subconsciously familiar tracks again and again and arrgggh again, I’m reminded that we early millennials have got the tenacity to be the greatest generation if we tried. Maybe not the reflexes anymore, nor the time to waste, but at least the dogged determination! In theory!
One of the weakest weeks so far; it feels like nothing really happened.
But maybe that’s not entirely true. I went out on at least three occasions and met with several people to drink and catch up — in the same week where COVID cases have re-emerged in the community after about 15 days without a single one.
I also learnt about an impressive feature in PowerPoint: Zoom Summary Slides. It’s a sure sign you had a shit week if the first thing that comes to mind when you try to think of highlights is a Microsoft Office trick. I’m really looking forward to the Christmas break, whether it feels like Christmas this year or not.
OH I almost ordered a new M1 MacBook or iPad Air in a fit of irritation with new corporate security policies that prevent my work computer from connecting to any external storage (I just wanted to load a file onto my Kobo e-reader, come on). I calmed down and decided to keep waiting for the A14 iPad Pro.
A couple of loose thoughts: Thanksgiving reunions in the US are almost certainly going to lead to another surge in cases before the holidays. The result will be more fatalities, reduced spending, and a stock market wobble. If I were investing regularly, I might put that on hold and anticipate a corresponding rise in certain digital assets in the same period. But I’m not qualified to give any investment advice.
I haven’t had a really complex or immersive dream in awhile. While recalling some past ones in a discussion the other night, I was reminded of a dream phenomenon that makes no sense and started to wonder if it was a common experience.
It goes like this: you’re in a dream and start to hear a sound that makes sense in the context of the dream. Then you wake up, and realize the sound is actually happening in the real world, but something different. It’s the classic movie trope where someone is kissing their object of affection in a dream and awakens to their dog licking their face.
But how did your brain make perfect dream sense of the sound in real time? For instance, your alarm clock goes off near you, and in your dream you hear it as a school bell, but for what felt like the last hour, that school scenario had already been playing out in your head. Like you’re in a class that’s nearly ended, so it makes sense that the bell rang.
I can only see two explanations: the more impossible one being that your brain anticipated the alarm clock and set up the whole school dream in advance of it happening, and the other is that it hears the alarm clock, and then constructs the interpretation (school bell) and sells the illusion by retroactively creating the school scenario, and backdating your experience of forward-moving time, so that it feels like you were dreaming the school scenario all along. In other words, with the one indisputable marker being the alarm clock in real life, the school bell story can only be made up after the fact, but is so convincingly retconned that you remember living through the whole setup in an instant. I know it sounds like I’ve been smoking something, but if we can construct a reality around us that was always true, doesn’t it mean our subconscious minds already know what it feels like to exist outside of time?
ANYWAY, as a long-time skeptic of Korean television, I was surprised to enjoy season 1 of Stranger (on Netflix), a policewoman and prosecutor buddy format murder investigation show, and can now safely recommend it. Yes, some people still overact the hell out of their parts with dramatic glares, but at least it’s tonally consistent and the two leads are very good.
Here’s a song of the week pick although I only played it once: Awich’s totally straight, non-rap cover of Happy Xmas (War Is Over).
sangsara.net 