@dan_manlet @WillManidis Handing off power, yes, but I think anyone that owns assets will do OK (in terms of not becoming peasants).
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BowTiedRoadrunner
602 posts
BowTiedRoadrunner
@bowtiedroadrun
Believe you are worthy of wealth.
Katılım Ekim 2022
22 Takip Edilen79 Takipçiler
@WillManidis Yeah the middle class was a fluke of history. The only time where labor was actually valuable enough to sell and people were properly compensated. Now we’re just handing off our power to the few who control AI and robotics
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my basic view is that the future will look much more like the past than the present. we are at the end of a great historical abnormality: this level of cultural stability and secularism is over. we’re going back to the basics of savage violence and divine faith
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Gen Z ennui might be the birds and animals fleeing the shore before you can even see the tsunami.
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BowTiedRoadrunner retweetledi
As a European, I apologize to Americans for all the idiocy coming from our side.
You save your pilots no matter the cost.
You send humans to the moon.
You fight authoritarianism head-on.
It's truly inspiring.
We're on the wrong side of the moral equation.
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This is exactly what’s happening. Root cause is deficit spending on stuff that doesn’t stimulate growth.
Amy Nixon@texasrunnerDFW
The Immobile Economy: • Nobody wants to change jobs • Nobody wants to move and give up their low rate *People feel like what they already have is the best they can get* Feeling stuck is psychologically demoralizing, even if the household balance sheet looks ok
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It’s glorious watching people try to figure you out. Illegibility is my measure of success.
Justin Welsh@thejustinwelsh
Owning 100% of your time is so rare that when people see it, they assume you're either unemployed, broke, or lying.
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@ThinkAppraiser But shares in the companies that entertain them.
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Armed with the knowledge that the vast majority of people are really dumb.
How would you use this information to get rich?
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@rolling_0range @StealthQE4 I unfollowed over his handling of Iran stuff. Total emotional pollution of my information flow. Unfortunate, his curation used to be valuable.
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@StealthQE4 You were having psychotic breakdowns all over the feed bud. Save it
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Not surprised at how this is playing out.
Non of it was sustainable
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There's something to the "double your monthly" budget if you get laid off principle.
It's unique to this era of AI-risk. You need to spend money to find people with real problems and develop the AI-augmented solution, which you must sell without sounding like a grifter.
In practice, it means you need a much higher savings rate than you think.
BowTiedRoadrunner@bowtiedroadrun
If you're at risk of AI displacement but still have some runway with your income, you need to assume double the burn rate for a year after your income stops. You want to increase spending to market yourself, learn new skills, or test out business ideas. Plan accordingly.
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If you're at risk of AI displacement but still have some runway with your income, you need to assume double the burn rate for a year after your income stops.
You want to increase spending to market yourself, learn new skills, or test out business ideas.
Plan accordingly.
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@thedulab Honestly this is great stuff and I appreciate you.
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I don't think the "critics" realize that the people they criticize all know and carry an unspoken level of respect for one another. Regardless of industry, business, function, etc all part of this invisible club
Expose yourself to the public eye, put yourself out there in any way, you immediately mark yourself as a member of said club. Can't even count how many "yo keep doing your thing" DM's I've sent to fellow risk takers on my feed and vice versa
Just a hyper efficient, ever growing network of cringe embracers finding, meeting, and supporting one another behind the scenes that all the keyboard warriors are just too cool to be invited to
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@BowTiedIguana I’ve seen a few faff about, larping as founders. Working on their fundraising “narrative”. Ask me if I want to “advise”.
Some eventually get a corporate job after desperation sets in. Some disappear off the face of the earth.
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Quick question: anyone noticing a trend where employees terminated for underperforming...reward themselves...with an immediate holiday?
My last two firings were around age 40 and want to go jack off finding themselves instead of taking action to correct becoming unemployable.
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10 mins a week is enough to extract the signal from X if you have your follows dialed in.
Tetra | ChadFish@TetraChad
Reason why social media gives you a dark view of the world: Mentally stable and successful people don't sit on their computer ranting and raving on the internet all day. Losers and lunatics do. You're seeing the ravings of literal shut-ins and poor ppl.
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This is an important point. You have to do work to get the most out of AI. It takes patience and concentration to direct it across angles. You still need to triangulate. I suspect those that already know how to work hard will benefit the most. Talent gap will widen.
Andrej Karpathy@karpathy
- Drafted a blog post - Used an LLM to meticulously improve the argument over 4 hours. - Wow, feeling great, it’s so convincing! - Fun idea let’s ask it to argue the opposite. - LLM demolishes the entire argument and convinces me that the opposite is in fact true. - lol The LLMs may elicit an opinion when asked but are extremely competent in arguing almost any direction. This is actually super useful as a tool for forming your own opinions, just make sure to ask different directions and be careful with the sycophancy.
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I keep a lot of cash. 3 years living expenses. Less fear means more sensitivity to opportunity.
Sahil Bloom@SahilBloom
This is weird, but I'm convinced that the highest return I get in my financial portfolio is on the 12 months of emergency funds I keep in cash. Peace of mind has a high rate of return. The downside security is what allows you to capitalize on upside opportunities when they come.
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Refers to consumption and only when you've got your follows dialed in. Posting more is fine. That's just writing/thinking.
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X hormesis. A little makes you healthier. Maybe 10 mins every other day. Any more than that is poison.
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@Empty_America Only two ways to understand it: (1) you are free of employment (2) you are so fed up with employment that you can set your ego down and admit something needs to change.
Everyone else is trapped in the matrix.
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Yeah but there are levels.
Do you have to ask someone else for time off?
That is the practical "line" to these things.
Adam Geringer@GeringerAdam
There is always a boss. No man is an island
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AI has not changed much in regards to human talent tbh
cracked people are still cracked. retarded people are still retarded
but there is one interesting case - the previously non-technical guy that is coding prolifically
they were meant to be coders b4 but were lead astray
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The reason I strongly recommend young people interested in business read the Buffett letters:
It’s *not* to turn them into little value investors.
It’s to socialize them into the “seamless web of deserved trust” way of thinking about business (& life).
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