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@sloopte

🇺🇸

Katılım Mayıs 2020
276 Takip Edilen278 Takipçiler
Midnight Capital
Midnight Capital@Midnight_Captl·
“Yeahh I dumped my $NVDA to go buy the next bottleneck in the supply chain. Ticker symbol is $0028.0006 it trades on the Sri Lankan stock exchange. They make some kind of glue or something man i don’t even know haha, but it’s a big bottleneck i heard”
Midnight Capital tweet media
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۟@isorevived·
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T@sloopte·
@mnrcst @yacineMTB Can’t even tell if this shit is a joke or not lmao
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mnrcst
mnrcst@mnrcst·
@yacineMTB I got rich selling AI butthole pics on OnlyFans
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kache
kache@yacineMTB·
I need more money. Really bad. I might die (implode internally) if I don't figure out how to make more money immediately
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T@sloopte·
@TonyMichaelX No one cares about you that’s why it doesn’t happen to you. Maybe if you weren’t such a little bitch ass nigga you could get some likes too
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TONY
TONY@TonyMichaelX·
?
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@sloopte @zackslab @powerbottomdad1 Might as well have a flag with your cat pfp why wave the national flag if all you care about is yourself? Seriously that’s what’s wrong with this place
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sucks
sucks@powerbottomdad1·
man why does everyone hate tech people? does anyone know?
Deedy@deedydas

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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Third
Third@thirdmetax·
Easy predicts the SpaceX IPO on June 12th marks the top of the S&P 500 “I do think the SpaceX IPO marks the top of the S&P which would be June 12th, so you have until June 12th” “FOMC happens right after it, June 15th to 16th, Feels like the perfect time”
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Deus Ex Trader
Deus Ex Trader@deus_trader·
My daughter’s finally out of law school so no one mess with me, lol. Bar exam next, but already got a job with big law at starting quant salary ($225K/yr), so AI hasn’t destroyed all jobs yet.
Deus Ex Trader tweet media
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T@sloopte·
@hone1er @zackslab @powerbottomdad1 If you are can comprehend the existence of a permanent underclass, you have the capacity to not be apart of it.
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@sloopte @zackslab @powerbottomdad1 I agree with that for sure My main issue is there’s a lot of focus on getting out of this permanent under class And not enough focus on fixing our societal issues so that class doesn’t exist This is America. Let’s get it together.
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@sloopte @zackslab @powerbottomdad1 So it’s easy to be the top 10% or is it a combination of skill and luck? There isn’t room in that 10% if the job market for the other 90% to just join whenever they finally stop being lazy
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T@sloopte·
@hone1er @zackslab @powerbottomdad1 Not everyone goes the “easy” route and it’s because they are retarded, they are barely even people bro
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@sloopte @zackslab @powerbottomdad1 And if everyone goes the “easy” route and gets these 100k Midwest jobs then who works the other jobs? I got into tech. Made over the household income as a single earner Was no problem Still doesn’t mean everyone is doing it or there is enough of those jobs for everyone
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@sloopte @zackslab @powerbottomdad1 Sure I don’t doubt it’s easy but what % of the population make that much there? This is how you sound below 👇 “Men are stronger than women” “but I know a woman is stronger than most men! It’s easy to be strong!”
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T@sloopte·
@hone1er @zackslab @powerbottomdad1 It’s easy to make a combined $250K, EVEN in the Rust Belt as long as you’re a relatively connected normal person.
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hone1er ᵍᵐ
hone1er ᵍᵐ@hone1er·
@zackslab @powerbottomdad1 99% of people live below what you described they’re just insatiable Could work harder on fixing the problems that cause them to need that amount to live comfortably There is more desire to get enough money to escape disfunction than to try and fix it Long term bad for society
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