We've kicked off our weekly 3-hour English speaking sessions!
Our discussions span various fields such as economics, business, computer engineering, electrical and computer engineering, physics, and more. Since this is a practice session tailored for professional conversations, we thoughtfully choose topics related to our majors to offer fresh insights.
The session is structured as follows (with the possibility of forming small groups based on the number of participants to ensure ample speaking opportunities):
10 minutes for a topic explanation
10 minutes for individual article reading
1 hour for each participant to introduce and discuss the article, share opinions, and debate.
10-minute break
After regrouping, another 1-hour discussion session
For those who find the main topic uninteresting or run out of things to talk about, we have prepared the AINTA (And some INTeresting Articles) section. If you want to change the discussion topic within the group, you can read the articles in the AINTA section and continue the discussion!
Power Consumption in Data Centers and Wireless Communications, CMOS Technology (static and dynamic consumptions), Energy Grid, Storage System, Electricity Transmission, Adiabatic Circuit, Mechanical Circuits, Energy mix, Power Consumption of AI, Environmental Impact of LLM and Coin Mining
5G communication, Nash Equilibrium, Government Intervention, PPA (Power Purchase Agreement), Jevons Paradox, Explainability of AI, Transparency of Corporation
Market Structure(Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly), Demand Curve(Market's Aggregate Demand Curve, Demand Curve Faced by a Specific Firm), Kinked Demand Curve in Oligopoly, Stability of Cartel, Profit Maximization, Nvidia's Monopoly, China's Monopoly on Lithium Refinement, Green Washing, X-59
1. Disscussion for Justice : Compensation for Individuals with a Periodic Schedule on Fridays and No-show Penalty Considerations
Propose a fixed date every other week, alternating between Fridays and Thursdays.
While penalties for non-attendance should be considered, the negative impact of no-shows seems less significant than in the previous approach. Suggest deferring penalty discussions for the time being.
2. AINTA(And some INTeresting Articles) section.
3. Taeyoon Kim's presentation : AI and our future with Yuval Noah Harari and Mustafa Suleyman.
Will AI bring about the end of human history?
4. Sunghyeon Jo's presentation : Homomorphic encryption
Homomorphic encryption, Lattice cryptography, Hard problem, SIS, LWE, LWE assumption. Will people prioritize privacy more in the future compared to the present?
+ ainta farewell party
Consensus algorithm, Raft, Coq, Safety, Liveness
Geometry and topology : Ergodic theory & dynamical system, Symbolimatic geometry, Hyperbolic geometry
Kangrae’s research : Lebesgue measure on [0,1], Measure preserving system, Homogeneous dynamics, Chacon transformation
As of 2024, China's long-term technological investments, particularly through initiatives like the Digital Silk Road and substantial AI investments, have been evaluated as successfully closing the AI technology gap with the United States. Unlike the United States, which delegates technological advancement to the market economy, China has rapidly caught up in technology by vigorously pursuing strong government-led goals. China is no longer considered a nation merely imitating U.S. technology; it has emerged as a state that actively drives its own technological advancements.
This nation-led development has contributed to a significant reduction in extreme poverty in China. However, it has also faced criticism for the potential misuse of technology in political repression. The characteristics of China's technological development include a rapid closing of the technology gap, driven by centralized government initiatives. This has not only reshaped the socio-economic landscape by reducing poverty but has also raised concerns about the potential misuse of technology for political control.
In terms of strengths, China's centralized approach allows for swift implementation of large-scale technological projects, contributing to rapid progress. However, it also brings about challenges, including concerns about privacy, surveillance, and potential political misuse. The Chinese model emphasizes achieving national goals, often at the expense of individual liberties.
In contrast, the United States relies on a more decentralized approach, where technological development is primarily driven by private enterprises operating in a market-driven economy. This fosters innovation but may lead to slower adoption of large-scale initiatives compared to China's more centralized model.
In summary, China's technological development is characterized by rapid advancement, driven by government-led initiatives, which has both positive and negative implications for its society and the global technology landscape.
DDM focuses on valuing stocks based on their future dividend payments. It assumes that the value of a stock is the present value of all future dividends it will pay to shareholders.CAPM, on the other hand, calculates the expected return of an asset based on its risk relative to the overall market. It's expressed as: r_i=r_f+β_i⋅(r_m−r_f), where r_i is the expected return of the asset, r_f is the risk-free rate, β_i is the asset's beta (a measure of its systematic risk), and r_m is the expected return of the market.
CAPM considers market risk as systematic risk because it's inherent to the market as a whole and affects all assets to some extent. Systematic risk cannot be diversified away by holding a diversified portfolio.
According to CAPM, investors are compensated for the systematic risk they take by earning a return equal to the risk-free rate plus a risk premium proportional to the systematic risk (as measured by beta).
Investors aim to hold a portfolio of assets that closely replicates the market portfolio because CAPM suggests that this provides the optimal risk-return trade-off. By holding a diversified portfolio that mirrors the market, investors can achieve the market return while minimizing unsystematic risk through diversification.
The curse of knowledge: Camerer, Colin, George Loewenstein, and Martin Weber. "The curse of knowledge in economic settings: An experimental analysis." Journal of Political Economy 97.5 (1989): 1232-1254.
Curse of knowledge in IPO
Legitimacy of medical school expansion
Can discrimination for efficiency be justified?
Examples of self-fulfilling prophecy
Ranking of universities, Effect of self-esteem on your life, YouTuber Introducing Undervalued Real Estate.
Interest rates (Nominal Interest rate, Real Interest rate, Inflation and Fisher's equation)
How is the value of money maintained?
Monetary policy: Does it affect nominal rate or real rate?
How is a consistent 2% inflation maintained, and why? (Reasons why central banks do not experience bond shortages)
Self-fulfilling prophecy in economics: Expected inflation
TIPS: Treasury Inflation-Protected Securities
Insights from 5 FRED graphs
Inflation, consumer prices for the United States
Federal Funds Target Range - Upper Limit
10-Year Breakeven Inflation Rate
Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity, Quoted on an Investment Basis