The Tool and the Examination Hall: Notes on Education in the Age of AI
When the tools of an age have changed, who draws the boundary of “cheating,” and in whose interest is it drawn?
All writing
Research, trading notes, and the practice of building. Each piece is provisionally true when published, and always open to revision by new facts.
When the tools of an age have changed, who draws the boundary of “cheating,” and in whose interest is it drawn?
On August 14, 2026, a place in Huishan Ancient Town for writing to the future prompted me to leave a year’s worth of questions—for my work, investments, health, relationships, and the life I cannot yet predict.
Money can buy options; health is what makes every option exercisable. Sleep, movement, care, and recovery are investments in the one principal that cannot be rebuilt.
AI can be a real technological revolution and still produce a bubble. Once OpenAI and Anthropic face public-market scrutiny, even strong growth may not justify the capital required—and disappointment could reverse the entire AI spending chain.
Success builds capability, but it also creates switching costs. What companies and investors must preserve is not yesterday’s answer, but the ability to remeasure their boundaries when the facts change.
A spontaneous trip to Moganshan becomes a meditation on a multi-base investor’s life, the choices money can buy, and the moments no plane ticket can recover.
Sustainable humanitarianism must distinguish refugees, asylum seekers, and economic migrants—and honestly reckon with the costs to borders, safety, public finances, integration, and social trust.
The model companies may define the future, but the suppliers of chips, power, cooling, and materials may offer the more durable investment opportunity.
At twenty-one, freedom no longer means a life without pressure. It means taking responsibility for a path of my own—and continuing to bet on myself.
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