Blogs / Personal blogs

Jonathan Stray

jonathanstray.com

Hi! I’m an interdisciplinary scientist and founder working to make sure that AI reduces destructive human conflict. I’m currently Senior Scientist at the UC Berkeley Center for Human-compatible AI .

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History & Retro Computing 1Tech Industry & Business 1

1

The Origin of Banking (2016)

There is a just-so story that explains the existence of money. Before money, the story goes, we all had to barter for the goods we wanted. If I wanted wheat and had chickens, I needed to find someone who wanted chickens and had extra wheat. Money solves this “double coincidence” problem by letting me sell my chickens…