control. Now, privately what Trump has been discussing with his advisers have been three different options. One is that the United States basically walks away and that the Gulf states have to negotiate an outcome themselves. And this is kind of when he says maybe we do it without a deal, that's what he means.
Tell us why the reason is the digital doctor, I decided to read it because this movement from paper to digital, which I had been so optimistic about because very optimistic, because the 20 years before I'd been studying medical mistakes, and I saw the number of medical mistakes, that really was because this piece of data, like the patient has a lung nodule that needs to be worked up, got lost in the fax machine.
And I think that's the part we're missing. Optimism doesn't promise that. It doesn't promise certainty.
you to take to put wedges in your first order conditions. They're deviations from what you would have privately optimally wanted to do. The reason why they're so powerful is that 30 years of micro theory and public finance theory has figured out how to solve lots of optimal policy problems in that context.
but taking on some costly actions and making transfers versus an outside option which is no costly actions, no transfers but you produce with a subset of the goods. Okay, J with a circle for outside option. So if you look at the value function on the inside option,
the firms that get bullied because in equilibrium they're going to accept the contract is the value of the outside option or is the value of the inside option minus the transfers since the constraints will always bind is really the value of the outside option and then you have factor income.
For the financial piece of your question, I'll actually ask Laban if you could provide some information in chat for Sanjoy about the flexible payment options that LEAD offers. We'll share some information there with you.
Tell us what truly excites you and give specific answers as to how the Stanford Graduate School of Business will help you realize your aspirations. Optional short answer question You may also choose to answer our optional short question, where you can share up to three examples from the last five years where you've created an impact, either in professional, extracurricular, civic, or academic settings.
Um, and I think for people who want to create and build stuff, they can't help but to do it. You don't really have an option. That's just how you're wired, and you're gonna do it anyway. And, you know, I admire people like Dickinson who can just write all the poems and leave them in a drawer to be discovered by somebody else.
top traits as an organization. So it's kind of hard to bet against that, but I think a lot of this year will be about scale and optimizing what could be described as low-hanging fruit in models. - And clearly there's a trade-off between intelligence and speed. This is what ChatGPT-5 was trying to solve behind the scenes. It's like, do people actually
There's obviously the more extreme version of that, which is the death penalty, which I don't adhere to, but I could see the rationalization of, well, you stole somebody else's life, so you don't option. I think the idea that there's just one size fits all for relationships is really harmful to a lot of people, and it
Okay. If you flag that and you want to move up to the next step, then you kind of have a couple of different ways. And your two options are what we'll call wearables at home tech. These are typically we'll call the $100 to $600 range. Mhm. And then past that, you have a true medical option, which is a sleep hospital. This is when you would
The current body of evidence suggests they want to get at least 1 g per day because in children they want to have optimization for bone health as well as muscle development. And so, I'm fascinated that this nutrient, discovered in 1832, like boring for the longest time as having these profound benefits we never even thought would happen. And so, your viewers today will be surprised about some of
dishing out. So, the most important thing in creating better quality of life is optionality. We need lots of optionality. One of the options that I want people to have is I want us to teach entrepreneurship in schools so that people have the option to start a family business as one of their options.
better pay. So, you kind of only need to have minimum wages when there's not enough optionality. If there's enough optionality, it pushes everything up. Is that your view as well?
Optimism to me is different. Optimism, you know, I don't necessarily think things will get better, whether that means, you know, for straight women, you know, for romance generally
kind of interesting to see your thinking about where you think the Republican Party might go next, right? So, this is us somewhat thinking about long shot options. Go ahead. you picking off of Trump running, no. It'll be her. Oh, I think that's a good choice.
Google shaped the internet, how the internet changed to be more popular with Google, and why Ryan is surprisingly optimistic about our future online. Ryan Brick, welcome to the gray area. Thanks for having me. Thank so you write a newsletter called Garbage Day. Um, you host a podcast called Panic
Then they start to tweak how you use their service, what you have to do to get access to their service, how you optimize for their service, how you are incentivized through Google AdSense or traffic or whatever. And then people start to change their behavior around those incentives. And that is true for everything. The infrastructure that we don't see, but
optimistic predictions, they usually say something like, "There will be a painful transition process." What that means is like a bunch of people will lose their
options, then you're kind of leaning more towards her.
option. She is intelligent, and we need to bring hope back alive.
optimizing themselves for a new landscape in which dating happens
Optimism, on the other hand, gets corrected because I approach you. I get
options and what you want you want people I want people to go walk into that store and go
optimistic, but says no verdict can give him what he truly wants.
options are finite and therefore uh it is not unreasonable for Russian people
opting for different stance on on on how to treat Palestinians.
optimized software. They had a software team that had come into their own, tweaking all kinds of animations and timing and making these
Optimism is the opposite.
Optimism is not naive, nor is it blind.
Optimism allows for that.
Optimism allows you to say, look, these are the darkest times we've ever been in, and I don't even know how long it's going to last.
optics such that the size of the image of the chandelier corresponds to that of the real chandelier.
Optimism, to me, is not like things will go the way I see.
options that if the stock went up $3, they could tell.
Optimization methods, like Bayesian methods and other optimization techniques, by definition cannot provide you
Option number one is the option that some of the people on this call are familiar.
Optogenetic techniques were used to allow these neurons to be fired when stimulated by a laser and to fluoresce when they fire.
optic internet cables, highways, railways, oil pipelines, electricity grids, and so forth, and how that remaps the world.
optimize health of people wildlife domestic animals plants and the entire environment
Optimization is the branch of math and computer science that deals with optimal performance, trying to do some task as well as it can be done.
Optimization's one of the best tools we have for managing the many constraints we have, that we face in our lives.
Optimization forms of IP are MP hard.
options, like you probably already know.
Options. Very good. Who else?
Option number two, we look back at those top four people, and we try to aim for the number-one spot.
Optimistic thinkers tend to have stronger immune systems.
optimizing for you know we're trying to have you know the smallest repository possible or you know for okay using dry cask storage on reactor sites, or just what
Option B has no data, yet the hippo rules for option B. It's sometimes even worse when it comes to innovation, because both sides of the board are blank.