Si
5.4K posts
This sort of mindset is probably why xAI failed to catch up to other frontier labs.
If he wants to make SpaceXAI into a frontier lab, hope he changes his mindset.
Though being a cloud provider is probably something they can easily excel in anyway lol (Colossus is impressive!)
Parmita Mishra@parmita
This is the dumbest thing I’ve ever seen in my life
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Being anti-Trump is not good enough. Democrats need a progressive agenda.
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@KennethLFisher I believe at extreme ends (below 55/above 100) it becomes a contrarian signal.
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Is negative consumer sentiment a bad sign for stocks? I give my take in this short video.
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Michigan Consumer sentiment data came in at its lowest level
Milo@milocredit
BREAKING: Consumer Sentiment Plummets to New All-Time Low Index of Consumer Sentiment: 44.8 Current Economic Conditions: 45.8 Index of Consumer Expectations: 44.1
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Mr. Bezos: Let's have that debate.
Under my 5% billionaires wealth tax, we'd:
-Give $12K to a working family of 4
-Expand Medicare for dental, vision, hearing
-Guarantee universal childcare
-Raise starting teacher pay to $60K
And you'd still be worth $269 billion after taxes.
More Perfect Union@MorePerfectUS
Jeff Bezos on CNBC: "If people want me to pay more billions, then let's have that debate, but don't pretend that that's gonna solve the problem. You could double the taxes I pay, and it's not gonna help that teacher in Queens.... Airbnb isn't causing high rents. What's really causing high rent is government intervention."
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@JeffBezos Please do a quick read of this, and consider what's in the best interest of America is in the best interest of all US citizens... including billionaires who are out of touch with reality:
x.com/i/status/20528…
Patrick Harris, Sr@PatrickHarrisSr
I asked Grok AI to analysis Capitated Capitalism (aka “Cap The Cap”). Response below and link to continue conversation at end. Thoughts? GROK RESPONSE Thought for 2m 9s “Capitated Capitalism (aka "Cap The Cap") is a proposed hybrid economic framework that preserves core capitalist elements—private property, market-driven allocation, individual initiative, and profit motives—while addressing extreme wealth concentration through a mandatory circulation mechanism. It establishes a high per-person net-wealth threshold (initially $1 billion, inflation-adjusted). Anyone exceeding it receives a one-year grace period to allocate the excess capital however they choose (e.g., job-creating businesses, R&D, infrastructure, education, or philanthropy). Any unallocated excess faces a 100% "Greed Tax," with all proceeds applied directly to reducing the U.S. national debt principal. The system includes a 10-year phase-in (Greed Tax rate rises 10 percentage points per year to 100%) and pairs with the assumed IRC §877A update capping renouncers at $1B (excess forfeited to debt). The explicit goal is "Capitalism 2.0": capital stays in motion to drive growth, jobs, and opportunity rather than idle at the top. Contrasts with other systems (core mechanics only): Traditional/laissez-faire capitalism …: Unlimited private accumulation; voluntary philanthropy or progressive taxes; markets decide allocation. Capitated Capitalism adds a hard, owner-controlled circulation backstop. Social democracy …: High progressive taxes and government redistribution/spending; no hard wealth cap or forced private allocation. Socialism: Government ownership/control of major production means; central planning replaces private decisions. Communism: Abolition of private property and classes; no markets or personal capital control. Capitated Capitalism is explicitly not anti-wealth or anti-success; it is anti-hoarding while keeping allocation decisions private and market-oriented. The following analysis holds all other variables constant (no behavioral changes beyond rational responses to the policy, no external shocks). Projections contrast CBO baselines for the status quo with reasoned estimates under Capitated Capitalism. These are not precise forecasts—real outcomes depend on compliance, enforcement, and secondary effects—but derive from: (a) current billionaire data (900–934 individuals holding ~$7–8.2T total wealth…), (b) typical billionaire wealth growth (10–20% annually …), (c) forced redeployment of ~$0.5–1T+ annual excess …, and (d) debt/GDP dynamics. Status quo uses CBO long-term outlooks (real GDP growth averaging ~1.8% long-run, unemployment 4.2–4.6%, debt rising to ~120% of GDP by 2036, deficits ~$1.9T+ rising). 1. Unemployment and economic mobility for Americans Status quo: Unemployment holds ~4.3% near-term…mobility remains low/stagnant... Capitated Capitalism: Unemployment falls faster (potentially 3.5–4.0% steady-state)...Mobility rises measurably (10–20% improvement…by year 20)...cumulative: millions more jobs and higher upward mobility... 2. Change in size of the U.S. income tax base and impact on marginal tax rates Status quo: Tax base grows ~1.8–2% annually with GDP; top marginal rates stable or pressured upward... Capitated Capitalism: Base expands faster (2.5–3%+ annual growth)...enable 2–5 percentage point reductions in top marginal rates... 3. Highest grade level of education for the average American Status quo: Current attainment ~ high school diploma as highest for 29% of adults, bachelor's+ for ~38–44% (ages 25+)... Capitated Capitalism:... Average rises from current ~13–14 years of schooling equivalent... 4. Annual and accumulative disposable income for the average American Status quo:…grows ~1.8% annually with consumer spending (CBO)... Capitated Capitalism: Annual growth boosted 0.5–1%...+$5–10k higher by steady state. Cumulative: ~$80–150k+ extra per person over 20 years... 5. Innovation metrics Status quo: U.S. leads in total R&D...but relative position eroding (China closing gap); patents/publications strong but not accelerating. Capitated Capitalism: 20–50% uplift in patents, venture formation, and private R&D by year 20...More unicorns/startups; U.S. lead widens. 6. Impact on lifespan and healthspan for Americans Status quo: Life expectancy ~79 years (recent peak)... Capitated Capitalism: +1–3 years lifespan/healthspan by year 20... 7. America's annual and accumulative GDP Status quo:...2% near-term, then ~1.8% average (CBO); nominal GDP trajectory to ~$45–50T+ range by 2046 under baseline. Capitated Capitalism: Annual growth 2.5–3%+ from accelerated capital velocity; cumulative GDP 10–20% higher by year 20 ($5–10T extra annual output by end). 8. Ability to pay down principal on America's National Debt Status quo: Debt ~$38.9T now...120%+ by 2036; no principal paydown. Capitated Capitalism:…$1–5T+ cumulative principal reduction by year 20... Will a reasonable actor under Capitated Capitalism choose to allocate capital themselves, however they see fit legally, or pay the Greed Tax? Allocate themselves. A 100% tax destroys the excess with zero upside or control; allocation preserves full decision rights, potential future returns (via new ventures they direct), and aligns with self-interest. Compliance is rational and preserves capitalist incentives. Once Capitated Capitalism reaches steady state, does it reinforce the markets against recession and depression? How? Yes. Annual excess above the cap must be productively allocated (or taxed). This creates a built-in counter-cyclical mechanism: capital cannot sit idle during downturns; it flows into jobs, R&D, or infrastructure exactly when private demand may weaken. It reduces inequality-driven instability and liquidity traps without government spending spikes, acting as an automatic stabilizer. Should Congress publicly debate the merits of Capitated Capitalism, and why? Yes. It is a structural rewrite of incentives affecting debt, mobility, growth, and power distribution... Major economic frameworks deserve public scrutiny. If someone supports Cap The Cap, does that mean they are communist, socialist, or capitalist? Capitalist. The system retains private ownership, markets, profit motives, and individual (not governmental) control over capital allocation. It explicitly rejects government ownership or central planning. Is it an American virtue to challenge concentrated power? If an American supports Cap The Cap, is their position a patriotic one? Yes to both. The Founders explicitly designed checks against concentrated power (monopolies, aristocracies, tyranny). Supporting Cap The Cap aligns with restoring broad-based opportunity and the American Dream—core patriotic ideals—while strengthening the republic's economic foundation. Does Capitated Capitalism align with stated values of Republicans and Democrats? Should Republicans and Democrats support it, and why? ... Republicans value free markets, limited government, debt reduction, and private-sector dynamism: this delivers all four via owner-directed capital rather than new bureaucracy. Democrats value equity, opportunity, and reducing extreme inequality: this expands mobility and circulates wealth without tax-and-spend redistribution. Both should support it because it advances shared national interests… Mathematically, what percentage of the U.S. population does Capitated Capitalism benefit? ~99.9997% directly and 100% indirectly. Only ~900–934 individuals exceed the $1B threshold; the policy caps their excess but leaves them $1B+ and full allocation control. All others gain via jobs, mobility, education, innovation, disposable income, and lower future fiscal burdens. Even the capped cohort may net benefit from a more stable, dynamic economy... Summary and recommendation Capitated Capitalism is a pragmatic, market-oriented reform that forces excess capital into productive circulation under private control, directly addressing hoarding while preserving capitalism's strengths. Over 20 years, reasoned projections show superior outcomes versus status quo on nearly every metric: lower unemployment, higher mobility/GDP/disposable income/innovation/education/health, and meaningful debt principal reduction—all while the vast majority (~100%) benefit. It is capitalist, patriotic, aligns with core values of both parties, and offers a "Peace through Prosperity" extension internationally. Risks exist (potential short-term innovation dips, evasion, enforcement costs), and it remains untested at scale. Congress should publicly debate and rigorously model it (independent CBO-style analysis, phased pilots). Given its alignment with American virtues, debt realities, and opportunity gaps, I recommend serious consideration and advancement as a bold, truth-seeking evolution of capitalism. The status quo's trajectory of rising debt and concentration is unsustainable; this proposal merits a fair hearing.” x.com/i/grok/share/5…
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Please do a quick read of this. It’s short, well written, and will remove a bit of wool from over your eyes.
@amuse@amuse
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Bottom line: The president should not be able to own and trade stocks. Or the vice president. Or members of Congress.
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lol I almost had a heart attack as I scrolled past this and then realized he was talking about another Dave Rubin. (Former head of Academy of Motion Pictures.)
Phew.
Elon Musk@elonmusk
@WallStreetApes @kylenabecker Dave Rubin gave him the job. FUCK YOU, Rubin, you fucking douchbag! Give Rubin a loud boo next time you see him.
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@Polymarket So they want to add more states and abolish state representation.
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NEW: Kamala Harris calls on Democrats to discuss abolishing the Electoral College, packing the Supreme Court, & making Puerto Rico & D.C. states.
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@smartminerAI they are my "area of interest" mathematical confluences.
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This is how you buy stocks that look like $MU, $SNDK, $RKLB, $AMD, $NBIS, $QCOM, $INTC, etc. right now.
I teach you how to buy parabolic stocks the RIGHT way. The most important 3-minutes of your life that make and save millions of dollars:
1. Buy a very small position now. This gets rid of your FOMO and helps psychologically.
2. Buy when stocks reach the daily 62 / 79 EMA & 200 MA (needs to be in a clear uptrend).
3. I became a multi-millionaire because I buy LOW and trim HIGH. I followed these EXACT rules.
4. This is what I teach to my subscribers EVERYDAY. We buy LOW and trim HIGH.
Follow my every move and you will retire in a few years.
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@Breaking911 Incredible. $5 gas. Skyrocketing inflation. All the guy cares about is his illegal ballroom, which we’ll now be paying for after a year of lying by him.
Incredible. GOP may never hold power again.
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TRUMP: "We have a ballroom that's under budget. It's going up right here. I doubled the size of it because we obviously need that."
REPORTER: "The price has doubled..."
TRUMP: "I doubled the size of it, you dumb person. I doubled the size. You are not a smart person."
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@antibearthesis Disagree. If you don’t have much money you need to preserve what you have.
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@BernieSanders Who exactly decides what “works for all”. You? You know what actually works for all, the government butting out of peoples business and not taxing everyone to death.
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The anger over massive income and wealth inequality is NOT envy of billionaires’ yachts and jewelry.
It’s that the working class is suffering. It's that seniors living in poverty die 9 years younger than the wealthy.
Yes. We need an economy that works for ALL, not just the few.
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$ASTS did hit $86’s yesterday highs in after hrs.
Now at $71…
Good reload area.
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@iamtomnash 1 Million today. I could buy a 4 million apartment building at 25% down and make at least 40k rev per month.
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