kawaiithings
1.8K posts

kawaiithings
@cryptobaob
crypto, ai, arts & crafts, haz&meg
Katılım Temmuz 2021
123 Takip Edilen119 Takipçiler


As a former gas station worker, I’ve seen these movements before: that’s meth.
Elizabeth@alluringmedia
Take it from me, as someone who did COPIOUS amounts of Ketamine in my 20s, that is not all he is on.
English

@deedydas Sounds like what some crypto folks experienced circa 2020/2021.. emptiness after sudden insane wealth when under 30yrs
English

The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen.
Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation).
Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there.
Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI.
As a result,
1. The corporate ladder looks like the wrong building to climb.
Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more.
2. There’s a deep malaise about work (and its future).
Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire"
3. The mid to late middle managers feel paralyzed.
Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies.
4. The rich aren’t particularly happy either.
No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money."
I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here.
Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success".
Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.
English

Breaking news: Africa’s richest man Aliko Dangote is planning a London listing of his cement empire this year. ft.trib.al/XLfCByf

English

@FT Take a stand. Stop playing Switzerland. He is most definitely not a new Buffett, entertaining as he is.
English

Gamestop’s Ryan Cohen is either the new Buffett or the anti-Buffett ft.trib.al/zNJESyb
English

@FT Another hit piece from FT to make it sounds like Elon is the bad guy
English

Musk threatened to make OpenAI’s Altman and Brockman ‘the most hated men in America’ ft.trib.al/iwjsyyT
English

@GerberKawasaki Facebook marketplace is eating eBay’s lunch. eBay is now an also-ran. Strategy isn’t working.
English
kawaiithings retweetledi

Elon Musk is the Ivar Kreuger of our time, and the OpenAI trial is PROVING it in real time.
If you don't know who Kreuger was, you should:
In the 1920s he was the most admired businessman in the world. The "Match King."
He controlled 90% of global match production, lent money to sovereign governments, and his securities were the most widely held in America.
But after his death in 1932, auditors spent 5 years untangling over 400 subsidiary companies and discovered the whole thing was held together with fictitious assets, forged bonds, and the unquestioning loyalty of people too dazzled to ask questions.
Investors lost $750 million (~$17 billion in today's money). His deficits exceeded Sweden's national debt.
Doesn't this sound familiar?
The Musk playbook is the most DANGEROUS house of cards I've witnessed in my career.
This week in federal court, Musk took the stand to argue that Sam Altman stole a charity. 3 days later he'd contradicted himself under oath so many times that the judge told his lawyers she suspected plenty of people don't want to put the future of humanity in Mr. Musk's hands.
OpenAI's attorney asked if Tesla is pursuing AGI. Musk said no. The attorney then pulled up Musk's OWN post from March 4 where he wrote Tesla will be one of the companies to make AGI.
His own words entered into evidence against him. BY HIM.
Then the attorney asked if xAI used OpenAI's models to train Grok (which violates OpenAI's terms of service).
Musk called it a general practice among AI companies. Pressed for a direct answer, he said "partly."
Think about that: Musk is in court accusing OpenAI of betrayal while admitting under oath that xAI violated the very same company's terms of service to build Grok.
Then came the credibility test:
Musk was asked to name his companies that benefit society. He listed Tesla, SpaceX, Neuralink, and X without hesitation. Every one of them is an uncapped for-profit enterprise.
Then why did xAI start as a benefit corporation and quietly flip to a for-profit C-corp? No clean answer.
This is someone who repeatedly launches entities with noble-sounding charters and converts them into for-profit corporations once the money gets serious.
Then his money manager Jared Birchall took the stand:
OpenAI's lawyer asked about the donor-advised funds at Vanguard and Fidelity that Musk used to send his $38 million. Did Musk have any legal right to direct where the money went once it entered the DAF?
Birchall couldn't answer. Said the legal question was beyond his expertise.
The entire lawsuit hinges on that donation creating enforceable obligations. But the man who managed Musk's money just told a federal jury he can't confirm Musk had any enforceable claim over those funds.
Now step back...
This is a man who promised full autonomy by 2018, a million robotaxis by 2020, and unsupervised FSD by June 2025.
EVERY deadline was missed.
He claimed he invested $100 million in OpenAI. The real number was $38 million. His defense? His "reputation" made up the difference.
Kreuger had 400 subsidiaries and used one entity to prop up another through structures nobody could follow. Musk has Tesla, SpaceX, xAI, Neuralink, the Boring Company, and X.
He shifts AI talent from Tesla to xAI, has xAI building the brains for Tesla's Optimus robot, and uses X as a megaphone while the algorithm amplifies his narrative to 200 million followers.
Kreuger's investors trusted the man, NOT the math.
They loved the confidence. They stopped asking questions because the aura of genius made questioning feel foolish.
The same psychology applies to Musk's empire today.
Kreuger's reckoning took 5 years of forensic auditing after his death. But Musk is providing his in REAL TIME: contradicting his own posts under oath, admitting to the practices he's suing others for, watching his logic collapse under cross-examination.
Different decade.
Different industry.
Same ending.
The truth always catches up.

English

@FT The US is now a lawless banana republic. What’s surprising is the apathy of Americans.
English

FT Exclusive: The deal expands the Trump family's business empire, granting the US president's sons a stake in a company that insiders hope will help sever America's reliance on China for metals used in defence products. ft.trib.al/ya16jsS

English
kawaiithings retweetledi

Not even in Nigeria have I seen corruption is brazen as this.
Financial Times@FT
Trump sons take stake in Kazakh miner that won $1.6bn US contract ft.trib.al/4FSojz6
English

@NASAAdmin . The Artemis II crew did not deserve this bedlamite display at the Oval. As their boss, you did them dirty.
Aaron Rupar@atrupar
the Artemis II crew looks mortified as Trump turns to them while he's attacking NATO
English
kawaiithings retweetledi

Prince Harry: “It’s fantastic to see how HALO is using modern technologies to speed up the process of demining. The improvements and the ability to clear landmines faster is extraordinary.”
The Duke of Sussex today joined HALO for a demonstration of the latest demining innovations in 🇺🇦 #Ukraine, where we’re using advanced technologies to clear land with greater efficiency and precision.
This means we can make land safe more quickly, so families can return home, farmers can safely grow crops and children can play without fear.
🔗 Learn more: bit.ly/4cEL3ha
English
kawaiithings retweetledi

Opinion | The Duke of Sussex's strength of character should have British politicians hanging their heads in shame
🖋️ by Will Gore
Read more: trib.al/W0Ba5Rn

English
kawaiithings retweetledi
kawaiithings retweetledi

Prince Harry’s full speech at the Kyiv Security Forum
“I am not here as a politician. I am here as a soldier who understands service, as a humanitarian who has seen the human cost of conflict.”
#KSF2026 #PrinceHarry
English

@atrupar Glad I dropped CNBC from my cable channel subscription bundle. What a joke.
English

Trump to CNBC hosts: "You can have some extra time. I know my people said 20 minutes, but you can have some extra time. You can even put Andrew on the phone. You know, you told me Andrew would not be there. Joe made a comment to me. When he tried to get me on, he said, 'Andrew Ross will not be there.'"
English







