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Americans top four concerns are… very concerning!

Marc Andreessen 🇺🇸@pmarca
Interesting. HT @blueroseorg
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YouTube shorts is hitting relatively uneducated societies like a nuclear bomb man
Alec Stapp@AlecStapp
This was surprising:
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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.
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@Jason I’d like to see more companies competing. I’m not a huge fan of mergers/acquisitions. More competition. More companies. More opportunities.
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Uber is going to be bought by Google/Waymo, Amazon or Tesla/SpaceX in the next year.
For a “buy it now” price of $250b, one of those three companies gets a $12b a year free cash flow machine with $70b in revenue — and hundreds of millions of global customers
This is the most obvious M&A deal since Instagram, Android and YouTube transformed Meta and Google
Discuss
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@zacharyvalles I want to build manufacturing capability/capacity in America. Given your insights from your visit, how would that happen in America?
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72 hours after YC demo day, I moved to Shenzhen for 8 weeks 🤠
I'm headed back to SF with new hardware in hand (sharing more soon), but some takeaways documented below:
> If you have even the slightest ambition to found a hardware company, visit SZ. Pre-raise, pre-team, pre-idea, pre-job departure, it doesn't matter. Just go.
> Plan your visit according to a major conference that interests you. Use that conference as a supplier meeting springboard - that's your ticket to any factory under the sun.
> At the factories, ask about lead times, don't ask about cost (wait on this). Your iteration rate is driven by the lead time on the longest lead time item in your assembly. It pays to identify these parts early to build project timelines.
> Visit Huaqiangbei (read: this is a mini-city, not a building). Robotic subassemblies, batteries, chassis's, electronic parts. They all have buildings where vendors are tightly clustered. Plan to spend 4-6 hours walking around before you find exactly what you're interested in.
> Business relationships are valuable commodities. Treat them as such. Pay attention to people, learn about them. Bring thoughtful gifts. Wait for them to sit first. With Baiju, fill the glass but with tea leave some room. Cultural customs are fun to learn, but also convey a seriousness towards the working relationship.
> Suppliers fit cleanly into discrete buckets. Level of complexity and execution on past projects indicates what is in scope for them. Trivial, but important to level your build expectations. It is easy to design a part with 12 subsequent manufacturing processes, exceptionally hard to find a supplier to fill this order.
If you need coffeeshop recs, food recs, or hotel recs I have a few.
Move to Shenzhen! Get to building!

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@nm_resolution @IterIntellectus OP is making a distinction between AI now (LLMs) and AGI. The latter wouldn't need a prompt, and could found its own company.
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i don't get people who say "there will be new jobs with AGI"
like how?
if AI and robots are truly better than humans at every job we have today, how is it possible for humans to still be competitive?
"but every time new tech arrives, new jobs pop up"
sure, for the AIs maybe, you don't see horses being hired for transport anymore.
if any job were to emerge in the post-AGI era, definitionally AGI would be able to do it better. any company that could be founded would be founded by the AGI before you got there. if it needs dexterity, a humanoid robot already has it.
i do not understand how people building cars can tell you with a straight face that there will still be an economy for carriage riders.
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I knew it!
NIMBYs are actually just Chinese agents sent to destroy American cities!!

ABC News@ABC
NEW: Eileen Wang, the mayor of Arcadia, California, has been charged with acting as an illegal foreign agent for China, the Justice Department announced on Monday. Wang agreed to plead guilty, the Justice Department said. abcnews.link/IntbpBy
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@BenBear They should build at least 4 more bridges across the bay and increase public transit between SF and Oakland.
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Despite having the best weather and close proximity to the #1 job market in America, Oakland is the worst performing housing market in the US. Fueled by the AI boom, SF is the hottest.
Unlike 2012-2019, there is no trickle over as quality of life concerns on Oakland’s crime, schools, dumping, and safety dominate for homebuyers.
Perhaps this is viewed as a win for the activist/anti-gentrification crowd. For existing homeowners and the city’s tax base, it’s a big loss.
If BART shuts down or sees dramatically lower service levels, look out. The Oakland as Brooklyn comparison is on life support, at least for now.
h/t @rohindhar and @NewsLambert for the charts

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@unusual_whales So strange, wonder why, guess I must be lazy.
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“We've stopped making babies. We've decided that being distracted by a dopamine hit around Candy Crush might be a good way to spend your time. Not if you're a full human," former Sen. Ben Sasse says in an extended interview. cbsn.ws/4cA1Jrp
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@elonmusk Maybe smart phones and unlimited entertainment is actually bad for us? Or perhaps the economy is bad and it’s not just hippies complaining. 🤔
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I’ll just never understand how a majority of our elected officials don’t look at this and feel embarrassed.
Sci-Fi Archives@SciFiArchives
Train station in China
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