Alex Nesovic

alexandrenesovic.wordpress.com · British English

Financial Software Engineer

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Last post: Feb 16, 2025
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A founder’s biggest obstacle is oneself
Feb 16, 2025 · original
In life, start with the idea that nobody owes you anything. Give first, and receive later. Some people are malicious, but most people are not, they won’t forget when you give. Don’t expect to receive, before handing in an idea, a dollar, a line of code, a new contact. Don’t be stingy. Search for “low agency people vs high agency people” on the Web. Some person doesn’t want to work with you? It’s a form of feedback from reality. Ask yourself why, and blame the person later, when you are absolutely sure the person is wrong. More often than not, either you are at fault, or your expectations or simply not in line with the person’s expectations. There are individuals and there are systems of people. Learn to forgive individuals. Most individuals are constrained by systems. Become strong enough to fight a system rather than a single person. This is generally true, but even more important when
No product is ever totally new
Feb 6, 2025 · original
Almost everytime time somebody wants to release a piece of tech or wants to do so, you’ll find someone saying “it already exists”. But distribution , rather than pure innovation, is more often than not the key point, and timing also. This is also true for the seemingly most “advanced” technologies. This was even Meta’s Yann LeCun’s response when chatGPT came out . One needs to understand that the real deal is incremental change + distribution + the inertia of big players that lack the agility in terms of product release. Moreover, markets are very different across geographies, sectors, client types, etc…. Seems obvious, but apparently not that much. I still hear “it already exists”, almost every every week. There is very rarely a winner takes-it-all logic where network effects are not the driving concurrence force. Also note that the first mover advantage is rarely enough to monopolize a
Why Europe Is Falling Behind in the Technology Race
Nov 11, 2024 · original
Skilled on Paper Why Europe’s Corporate Confidence Misses the Mark on Tech Progress European’s Technocratic Insularity Blocks Business Innovation The Technological Entrepreneurial Class: Europe’s Missing Counterbalance Lessons from Soviet Planning Europe’s Risk Aversion Hinders Growth Bibliography The first title I chose for this article was ‘ Thinking About the EU’s Technocratic Tendencies and Talent in the Information Age .’ However, I felt like it sounded too academical and wasn’t powerful enough to emphasize the urgent situation Europe is facing. During my research I stumbled upon an article of the World Economic Forum (WEF) titled Is the internet destroying the middle classes ? Another interesting take is McKinsey’s Will digital erase the middle class ? My idea is the following: What if we reverse the problem and build what we could call a “technological middle class” that revolves
Are Markets efficient? The a priori, a posteriori, framework
Aug 13, 2023 · original
“ Markets look a lot less efficient from the banks of the Hudson than from the banks of the Charles.” Fischer Black A posteriori vs a priori: grasping a fundamental epistemological framework The arbitrage and non-equality (disparity) of the agents argument The Unpredictable Nature of Markets argument The Psycho-Sociological Fabric of Efficiency Dominance The article is in constant evolution. It’s more about racing thoughts than a formally established demonstration. A posteriori vs a priori : grasping a fundamental epistemological framework I believe that there is a misconception in assuming that markets are inherently “efficient”, implying they flawlessly incorporate all available information via prices. A market’s nature isn’t fixed as “efficient” or “inefficient.” A more balanced standpoint is necessary for analysts to adopt. While markets might lean towards efficiency through arbitrag
Open Source and Socio-Economic Equilibrium
Jul 5, 2023 · original
The interesting aspect of open source is that the value it provides lies not in the software itself, but in the understanding of it and the ability to monetize its maintenance and it’s ecosystem . Open Source and Monetization are not antagonist . From a moral or political perspective, this can be considered somewhat superior. What we appreciate in this context is not the possession of some software or a piece of hardware, but the accumulation, dissemination and management of knowledge, whether it be on an individual or organizational level. Linux is a great example. It is Open Source, but this didn’t prevent 90% + of the top one million web servers globally to use it. A thriving and lucrative ecosystem was built upon it (security, maintenance, courses,…). It is interesting because it seems to resolve some capitalistic problems that seem like zero-sum games. Of course, not everything can
Emergence of new Cognitive Spans, Naming Power & Cybernetics (article in constant evolution)
Jun 15, 2023 · original
Image: Mirko Lalit Egger Intro Targeted public What is programming? (And what could a philosophy of programming be) Towards higher (and higher) degrees of abstraction Programming as a “Reality Discretization tool” What is philosophy? Cybernetics The Art of naming: more than aesthetics, a performative act To name things wrongly is to add to the misfortune of Software Software is about decomposing problems, and naming the smaller parts Abstractions make Maps: mental span increase and cognitive load reduction Intro We know well that this machine does not think. It is us who made it, and it thinks what we tell it to think. But if the machine does not think, it is clear that we ourselves do not think either at the moment when we perform an operation . We follow exactly the same mechanisms as the machine. Some claim that this quote is from Jacques Lacan, but I couldn’t verify it. Targeted publ

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