
JMoyer.eth
364 posts

JMoyer.eth
@BitMoyer
Web3 Dev, Smart Contracts, System/Game Designer, Producer/Musician Dev @thecoredevs Music @skillsyrup
Internet 가입일 Ekim 2010
251 팔로잉883 팔로워

@RayDalio I wrote a piece that makes the case for economic reform from self interest, not morality
Wealth engine requires mass participation to function, kill it and the returns go to zero. Your work on historical cycles was great. Would value your take @RayDalio
open.substack.com/pub/justinmoye…
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@pmarca @slatestarcodex I wrote a piece arguing reform is pure self-interest, not charity
The counter to the techno-optimist position: index funds require mass participation to function. Remove it and the wealth engine collapses for everyone. Would welcome the pushback @pmarca
open.substack.com/pub/justinmoye…
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@DarioAmodei I wrote a piece making the self interest case for broad economic participation as a prerequisite for AI development, not a competing priority
The framing might complement your thinking in Machines of Loving Grace. Would appreciate your take @DarioAmodei
open.substack.com/pub/justinmoye…
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The Adolescence of Technology: an essay on the risks posed by powerful AI to national security, economies and democracy—and how we can defend against them: darioamodei.com/essay/the-adol…
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@jack I made the case for economic reform from self-interest, not morality.
The wealth engine requires mass participation. Remove it and the returns go to zero for everyone. Would love your take @jack
open.substack.com/pub/justinmoye…
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yes we over-hired during covid because i incorrectly built 2 separate company structures (square & cash app) rather than 1, which we corrected mid 2024. but this misses all the complexity we took on through lending, banking, and BNPL. and that we’re now targeting $2M+ gross profit per person, 4x our pre-covid efficiency, which stayed flat at ~$500k from 2019 until 2024. we have and do run an efficient company... better than most.
Will Slaughter@BamaBonds
In 3 years from December 2019 to December 2022, Block $XYZ more than tripled its headcount from 3,900 to 12,500. Unwinding less than half an insane COVID overhiring binge has much more to do with Jack Dorsey's managerial incompetence than whether AI is going to take your job.
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@vkhosla I made the case for economic reform from self-interest, not morality. Mass participation is what makes the wealth engine work. Remove it and the returns go to zero. Would love your take @vkhosla
open.substack.com/pub/justinmoye…
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@reidhoffman I made the case for economic reform from self-interest, not morality. The wealth engine requires mass participation to function. Remove it and the returns go to zero for everyone. Would love your thoughts @raborh
open.substack.com/pub/justinmoye…
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@sama I made the case for economic reform from self-interest, not morality. Index funds require mass participation to function. Kill employment and the wealth engine collapses for everyone.
Would love your take @sama
open.substack.com/pub/justinmoye…
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Here is re-post of an internal post:
We have been working with the DoW to make some additions in our agreement to make our principles very clear.
1. We are going to amend our deal to add this language, in addition to everything else:
"• Consistent with applicable laws, including the Fourth Amendment to the United States Constitution, National Security Act of 1947, FISA Act of 1978, the AI system shall not be intentionally used for domestic surveillance of U.S. persons and nationals.
• For the avoidance of doubt, the Department understands this limitation to prohibit deliberate tracking, surveillance, or monitoring of U.S. persons or nationals, including through the procurement or use of commercially acquired personal or identifiable information."
It’s critical to protect the civil liberties of Americans, and there was so much focus on this, that we wanted to make this point especially clear, including around commercially acquired information. Just like everything we do with iterative deployment, we will continue to learn and refine as we go.
I think this is an important change; our team and the DoW team did a great job working on it.
2. The Department also affirmed that our services will not be used by Department of War intelligence agencies (for example, the NSA). Any services to those agencies would require a follow-on modification to our contract.
3. For extreme clarity: we want to work through democratic processes. It should be the government making the key decisions about society. We want to have a voice, and a seat at the table where we can share our expertise, and to fight for principles of liberty. But we are clear on how the system works (because a lot of people have asked, if I received what I believed was an unconstitutional order, of course I would rather go to jail than follow it). But
4. There are many things the technology just isn’t ready for, and many areas we don’t yet understand the tradeoffs required for safety. We will work through these, slowly, with the DoW, with technical safeguards and other methods.
5. One thing I think I did wrong: we shouldn't have rushed to get this out on Friday. The issues are super complex, and demand clear communication. We were genuinely trying to de-escalate things and avoid a much worse outcome, but I think it just looked opportunistic and sloppy. Good learning experience for me as we face higher-stakes decisions in the future.
In my conversations over the weekend, I reiterated that Anthropic should not be designated as a SCR, and that we hope the DoW offers them the same terms we’ve agreed to.
We will host an All Hands tomorrow morning to answer more questions.
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@mcuban @costplusdrugs Mark, I wrote a piece on AI displacement and economic reform that I think you'd find interesting, it makes the case for reform purely from self-interest, not ideology.
Would love your thoughts if you have the time.
open.substack.com/pub/justinmoye…
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Actually, @costplusdrugs would sell every brand and specialty drug we could. But there are brands and specialty manufacturers that won’t sell to us because your buddies at the PBMs tell them they will diminish them on their formularies. That could cost them billions in some cases.
It’s not that they don’t want to work with us. It’s that they can’t. It would kill their business
Check out our pricing on biosimilars. Stelara biosim, Starjemza $365 plus shipping. Compare to what PBMs charge
If you can get your PBM buddies to change their stance on formularies , we would have every drug
Why do they fight us so hard ? Because they charge a different price to everyone. They charge full retail during the deductible
If brands work with us , they know our pricing will not only be far less, we will publish the prices and markup so everyone can see how badly patients and companies are getting ripped off.
The NOT Working Peoples Party@Jeffery1313
@723Magnus @randy_rhodes123 @costplusdrugs @mcuban Insurance isn’t always evil. He has a pharmacy that picks the low hanging fruit and leaves the more difficult to monitor and dispense to the PBM’s. Both can be good and bad.
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First post about AI and the future.
The Selfish Case for Saving Everyone
open.substack.com/pub/justinmoye…
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@SOLsesame @tapdotfun Idk what this is but a friend told me it was going to revive NFT's so I am tapping in.
Tap
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i will be launching the first collection on @tapdotfun
it's a test, putting the printer under real load
15k wallets on waitlist
waitlist = whitelist
no waitlist = no access
reply "tap" if you want a shot
not enough taps = waitlist stays closed
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JMoyer.eth 리트윗함

@TheShamdoo Oh wow, Sham is back and he is on the old soon game (7 hours ago)
What you launching this time?
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@Kura_list @playgigaverse @frankythefrog @_megaweapon_ @alex_moody @Maaaaahhhaaaaa @Aizcalibur Don't miss this one
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JMoyer.eth 리트윗함

Excited for the opportunity to discuss where Abstract is and where it is headed!
Join the builders from your favorite projects including @playgigaverse @frankythefrog @_megaweapon_ @alex_moody @Maaaaahhhaaaaa @Aizcalibur and as usual maybe more
x.com/i/spaces/1OyKA…

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What’s Blank?
We never told you in details what we’re building.
It’s time to reveal what @juliencoulaud, @joiscoding and @va1ag are cooking… ⬇️🧵
(1/9)
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@blankdotbuild @va1ag Yo, I have been a dev in web3 for 6 years, for sure interested in this, can't DM anyone because I don't have a check, but hit me up.
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First, go and register on blank.build to get early access and get the info before anyone else.
Second, if you ARE or KNOW a dev, please DM this account or @va1ag to share about the idea 👀
And remember: It ALWAYS starts from a blank page.
(9/9)
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