Nir

@ViktorBunin hey @grok what are the current laws in nyc regarding noise, religious centers making noise like Islamic calls to prayer, etc? Have they changed recently? Is this a new phenomenon

Fuck that! We should not be hearing the Islamic call to prayer in Brooklyn.

@spendmarket Perfect. Need access yesterday

The waitlist for Spend Market is now open. If America buys it, you can trade it. Reserve your username and share with friends. The top 250 referrers get fee-free trading for a year. Sign up now at spend.market

I’ve been waiting on something like this for a while. Emergent spending on new products will become an established way to get exposure to assets otherwise inaccessible to most. Will be betting on the products I use in an entirely new way now

@ErikVoorhees @dankrad Your response to this first one isn’t a direct response. Do token holders have legal protections or no

"Equity holders have legal protections, token holders have "trust me bro we'll keep buying and burning". Equity holders hold the majority of tokens, and the token is the largest asset on the balance sheet. The incentives in our case are aligned. "I think it's a difficult argument to make that the best use of that revenue stream is to buy and burn a token rather than pay it out as dividends." The best use of the revenue stream is whatever brings shareholders the most value. This was true before the raise, and is true after. So why would Venice buy and burn the token post raise? Same reason it choose to start doing so before the raise... because Venice holds more of it than anyone else. We are not burning to be altruistic.

Venice is probably cool but the token equity split sucks. Equity holders have legal protections, token holders have "trust me bro we'll keep buying and burning". Said in another way, the company has a legal duty to maximize value to its equity holders. Let's say they have a sustainable $100m income stream, I think it's a difficult argument to make that the best use of that revenue stream is to buy and burn a token rather than pay it out as dividends. (Yes the token value may go up as long as they keep buying but as soon as they start selling the token it will crash. So holding a lot of VVV doesn't change this.)

@ErikVoorhees @dragonfly_xyz congrats! also why not contractually oblige Venice the company to a fiduciary duty to VVV? why not make the burn rate and emissions alone governed by token holders? big step forward, but also concerning for alignment

VVV and Capital Measured by revenue, Venice has become the largest company at the intersection of AI and cryptoeconomics. Today, we announced Venice’s first round of outside capital, a $65m Series A led by @dragonfly_xyz, valuing Venice’s equity at $1 billion. Since we are an atypical company, this thread describes how this equity raise relates to the most valuable asset we have on our balance sheet, our capital token base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

Co-sign.

@teortaxesTex Wanna bet this can’t/won’t happen?

I haven't really considered this but: the USG can afford to NEVER make "Mythos class" or higher generally available, and not fear Chinese competition or revenue loss. Shrimple: "this thing is full of CCP sleeper circuits and has unknown cyberattack potential. If you use it, you may be compromised, EVEN if you run it locally, and we can't know how badly. So no SWIFT/MasterCard/AppStore/etc for you. We can't take the risk of our infrastructure getting contaminated! Your choices are to die or to repudiate China and all its ways and submit your codebase to us to have it derisked by the airgapped Mythos3, you pay of course». This simple trick destroys the market for frontier Chinese models. even INSIDE China. You'll be buying Opus 4.8125 for the next 20 years.

@nikitabier @SlowNewsDayShow Your worst take big bro

@SlowNewsDayShow This whole meme about Flock being bad was likely started by foreign adversaries. It isn’t the first time narratives to destroy American municipal infrastructure were boosted. Crazy that something as benign as license plate readers on public roads has turned into the boogie man

Flock's social media team is desperately trying to figure out how to disable community notes along with the comments Flock systems are unwanted, unneeded, unsuccessful, & undermine every single core concept of the constitution They have a 2.8% success rate finding criminals

@blakeir The trick is to not wait

i am always surprised by how many people claim they don’t use Google search anymore. am I doing something wrong? speed of information matters. for a vast majority of my broad queries, Google is still faster than waiting for a model to think.

@midjourney Did not see this pivot coming. Would 10/10 use

Announcing a new division of Midjourney called "Midjourney Medical"

@DallinKelly @julianweisser @eoghan Airbnb comes to mind as well

@julianweisser @eoghan What about canva, was her idea “wrong”?

If you talk to 100 seed funds and they won’t invest in your company you’re actually wrong. Was reminded of this conversation I had with @eoghan.

@nikitabier @GayRepublicSwag This is just from the last year though. I feel like this issue started long before that

Aside from a few outlier weeks throughout the year, your daily average impressions have been fairly steady. You actually exceeded your year-to-date average last week by +25%. I checked and about 50% of your followers were active in the last 24 hours. Assuming this is normal, you're reaching the vast majority of them each day. Lots more people on the app these days so the Timeline definitely gets more competitive for slots.

SADNESS! I might be leaving X. It has never been less fun to be a content creator on this platform. I’ve been posting regularly on Twitter/X since around 2010. The algorithm is insane. Spend years building a following? Yeah that doesn’t matter. Very few of your posts will ever actually be seen by your followers. The fact that my posts regularly have a 15 to 20% engagement rate but never get boosted into the For You is wild. I have 231,000 followers yet my posts start at 200 views and rarely pass 1,000. What? That’s actually crazy. The only way to be seen is to engagement farm and I don’t want to do that. I used to be able to make posts and those posts would be seen by people who clicked follow. It was a good time. Now there are a handful of blessed accounts that go viral every time they post because the algorithm has decided they will. Everyone else on the platform? Stinks to be you. I’m tired of playing the game. I have spent MONTHS trying to learn everything about the algorithm and create content that will perform well and it just doesn’t. There is a social credit score on this app and because I have been creating content for YEARS I have accumulated many blocks and mutes. So the algorithm has decided my account is not good and so I’m not allowed to be seen by the general population of X. I remember being so excited when @elonmusk purchased X but the introduction of AI into the algorithm has made it so bad that it’s a waste of my time. I actually wish I could get back the hours of life I’ve spent trying to learn the algorithm because none of it mattered. I’ll be on Facebook and Instagram if you need me. I’ll check back in down the road to see if the algorithm gets better and the site again becomes worth my time.

@nnnnicholas @braelyn_ai @hievalir 'inform' is a heavy handed framing here

@braelyn_ai @hievalir cope. 2 companies of 996ers are building the models that will inform the “taste” of everyone on earth

developing taste requires living diverse cultural experiences you will never have taste working 996 in SF

@NicitaAlex Nice

I talk to AI more than humans at this point

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It's giving

@elonmusk I think having the government invest in the big AI companies and distributing dividends makes more sense

@beffjezos @elonmusk 100%

Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.