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Capitalism is great if you have capital.
Here is Peter Thiel’s email to Zuck and Andreessen in Jan-2020 predicting socialism. Tl;dr too much student debt and lack of affordable housing keeps young people with negative capital for too long. And without a stake in the capitalist system, they will turn against it.
Pirates were a really big problem in the 1700s. The brits solved this problem by offering clemency, and anyone who didn’t take it was an outlaw . Then we turned around and hired all the former pirates to go and arrest any current ones that didn’t take the clemency. This…
No re-election or pay triggered if no balanced budget, and or if any subset regulations or payment extensions are passed
Loosing pounds is great in America, terrible in the UK. Losing stones is great in UK, terrible in America English is hard.
“If you can’t solve a problem, make it bigger” I will not believe a single politician until they push skin in the game . No salary or re-election allowed is triggered if: No a balanced budget Voting to increase spending cap Vote to extend regulatory sunset. Election are…
I suspect we’re going to start seeing banishment as a punishment for crimes. Just solves lots of the problems at low cost.
It turns out, the moment you have power to create currency, you’re happy to inflate it away.
Since hotels are the topic, many chains have now also started devaluing points. Bonvoy did it secretly and now Hilton is doing it too. They are inflating awards while keeping points earned constant. Customer doesn’t have power anymore. x.com/thepointsguy/s…
People who don’t have an interesting life love watching others lives. You can just go do things and your life will be plenty entertaining
A Biker weaving through cars BARELY avoided a terrible accident and the driver even pulled over to hug him after potential catastrophe
Promiscuity is simple. It’s anyone having sex more often and/or different than me.
The two most useful skills today. Learn how to make good comparisons (humans are primed comparison - but must learn how to make good ones) Figure out how to make things less bad for you (that is, reduce entropy in your efforts). Most people are terrible at 1, as mentioned by…
society continues to hold absurd double standards at scale. self-driving cars are exponentially safer than humans, yet we demand perfection from them. most employees are not perfect, they obviously make mistakes, but we expect ai to never slip up. as ai becomes a true peer in…
Creative destruction - improvements come from reducing entropy. Counter-intuitively - the described behavior is what leads to destruction. Innovation is hard, capture is easy. It takes a true maverick to innovate when you are already in a market dominant position. Because…
the rule of thumb you should always operate with is that marketplaces almost always degrade over time—they rarely, if ever, improve. marketplaces tend to go to shit as network effects consolidate power, then they prioritize rent extraction over innovation. early phases favor…
One of my favorite “mysteries” is the problem of value. I have never come across a “mystery” that has such an obvious most useful answer.
The best evidence that all value creation is not in utilizing technology, but building and selling it.
Sad state of hiring in 2025: Applicants - use AI to write nonsense applications that simply restate the job description into long first person paragraphs Employers - use AI to score the AI generated applications Zero value is added for anyone involved
Wouldn’t it be wild if Germany was involved in starting and escalating all three world wars?
Heaven really is unlimited refills of an un touched powder day.
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