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Hayek was asked to leave “a statement for the future generations.” His response is brilliant: “Modern civilization which enables us to maintain 4 billion people was made possible by the institution of private property. It is only thanks to this institution that we achieved an extensive order far exceeding anybody’s knowledge.” “If you destroy that moral basis, which consists in the recognition of private property, we will destroy the sources which nourish present-day mankind, and create a catastrophe of starvation beyond anything mankind has yet experienced.”

Thought: We created VS Code, open sourced it, and didn't become billionaires.

The S&P 500 is up in nominal terms, flat in gold terms, and down in Bitcoin terms.

NEWS: OpenAI is now a For Profit, public benefit corporation It will be controlled by by the non-profit with an equity share of ~$130B.

🚨BREAKING: ANTHROPIC JUST PULLED THE PLUG ON WINDSURF > Windsurf will be cut off direct API access to Claude in <5 days > 3.5 sonnet, 3.7 Sonnet 3.7 Sonnet Thinking > Windsurf never even got direct access to Claude 4 anyways ITS SO OVER.

"People who are really serious about software should train their own foundational models." -- Nobody

As I mentioned several years ago, it increasingly appears that humanity is a biological bootloader for digital superintelligence

When looking back at civilization history or even earth life history, it turns out it’s all about scale and complexity.

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