I was really touched by a recent interview with the prominent economist Branko Milanović, which led me to contemplate a particular topic and reflect on one of his insightful ideas. In the interview, Milanović shared numerous thought-provoking insights, but one in particular struck me as under appreciated and not well

Kashmir was released in 1975 on Led Zeppelin’s 6th Studio Album “Physical Graffiti” and is their most popular song that originates from it.  To understand Kashmir’s meaning we first must not only look at what role it plays in the Album but also what the creators, Robert Plant and Jimmy

The VALL-E model was a marvel of technology, a glittering beacon of hope in a world that was growing increasingly bleak. Its voice-imitation capabilities promised to bring a new level of interaction between humans and machines, a brighter future for all. By listening just three seconds of someone’s voice, it

ChatGPT has taken the world in a storm. By various analysts ChatGPT reached 100 million users in just two months making it the fastest growing service in history. The issue however is that OpenAI, a company behind ChatGPT has started charging for their services, while their machine learning models have

Recently, European Central Bank published a blog post that sounded like an obituary to Bitcoin and cryptocurrencies in general. In this short text my goal is to argue the contrary with couple of examples from my Fintech class at EBS Universität für Wirtschaft und Recht.  It is a common misconception that cryptocurrencies and the blockchain

Exactly 26 years ago, in the first semester of my studies, when I was of the age of my current students I was a hacker rebel fighting a war against the internet and developed some of the first viruses that spread over the WWW. I fought the war, but Internet

When something is difficult to measure like ESG, everyone can be an expert and advisor, and if governments are forcing you to buy it – it also sells. And every company can have an ESG rating of amazing. And we know all of that since at least Akerlof’s Nobel prize

Over the last months many all-around “Linked In experts” cite the results of Game Theory in their calls for solutions in the Russian war against Ukraine. Here I would like to address three common fallacies: The Game Theory on the subject of war and peace is very rich and probably

When I was fifteen, I ended up being a refugee during the wars in ex Yugoslavia. My parents as well, but in their forties. We lost everything. In that period I have met many people of different nations and ages that went through a similar experience like myself and my

I am playing now with Corona virus data. I have tried simulating various epidemiological models. The only reasonable conclusions at this stage I can make are: a) China started with the quarantine measures way too late.  b) Due to late start with quarantine measures, quarantines in China are still not