Cute theory, let's play it out. A monkey hoards a trillion bananas. The troop, enraged, beats him to death. They gather around the pile to feast at last. But... oh wait, there is no pile. It turns out the "bananas" were shares in a banana-launching company the dead monkey founded. The shares were worth a trillion because he was alive to run it. Now he is dead and the stock is worth $0. The retarded monkeys have clubbed their way into a recession. But it gets worse. Half the "bananas" were tied up in a rocket that supplies bananas to monkeys on the far mountain who had no bananas at all. Another chunk was tied up in a little satellite dish that beamed banana coordinates to the troop after a flood took out their trees. So now they realized they beat to death the only monkey who knew how the dish worked. So the monkeys sit there. No bananas. No rockets. No coordinates to get more banananas. Just a dead body and a powerful sense of fairness as they all now became infinitely poorer. OH And somewhere a smaller monkey watches the whole thing and quietly decides he will never build anything in front of these animals again.

Today feels like a good day to reshare this clip of Ariane Aerospace’s CEO calling SpaceX’s reusability plans “a dream”

No, you don't get it. He does not have $1 trillion sitting in cash, it is 99% stock in his companies. To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined. Okay, but now Elon has $100b in cash, and can "solve the world's problems". $100b divided by the world's 8 billion people is $12 If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation. But everyone on earth could have one nice meal and you could revel in your altruism.

The biggest hack I’ve seen for founders to close deals faster: just show up. Get on a plane, fly to their office, meet in person, bond with the whole team. Instantly replaces weeks of zoom calls.

I couldn’t help but notice that Senator Sanders chose to use electric lights. Millions of lighting jobs — GONE: lamplighters, linkboys, wick-trimmers, candle-snuffers, tallow chandlers, wax chandlers, spermaceti refiners, whale oil renderers, harpooners, whaling coopers, gas mantle makers, gas fitters, gas-meter readers, kerosene lamp makers, lamp shade fitters, gasolier makers, lamp-chimney sweeps, lamp-chimney glassblowers, oil-lamp fillers, dairymen’s lamp-boys, mine candlemen, miners’ tallow-dip makers, pit-lamp keepers, theater limelight operators, theater gasmen, Drummond-light operators, calcium oxide cylinder suppliers, Argand-lamp lighthouse keepers, wick-spinners, wick-weavers, rushlight makers, beeswax taper makers, candle moulders, candle dippers, bayberry wax gatherers, taper-stand makers, hand-lantern makers, bull’s-eye lantern makers, ships’ lamp trimmers, railway lamp-men, signal-lamp lighters, lantern-bearing watchmen, night-soil men, knockers-up, match girls, white phosphorus match dippers, match-box makers, fusee makers, vesta makers, flint-and-steel makers, tinderbox makers, lamp-cleaning charwomen.

This may be the most articulate response I’ve ever heard to this question.

Great read. Bessent will go down in history as one of the greatest Treasury Secretaries since Mellon.

Can’t make this stuff up..,

CMU researchers, in collaboration with NVIDIA, present ASAP, a two-stage framework for humanoid robot agility. It pre-trains motion policies on human data, then refines them with real-world corrections using a delta action model, which adjusts for simulation mismatches.

🤦‍♂️

The most amazing aspect of DeepSeek Open Source is that just the Reasoning Engine can be isolated and used with any other LLM. In fact you can have a mixture of Reasoning Engines cascade around a problem and then use an Operator type agent AI to function on the the results.

The absurdity of this topic is astounding. “Have a nice home? You should let it burn out of solidarity with those less wealthy“ bloomberg.com/news/articles/…

Practically every CEO that runs a social network or messaging app can go to jail in France.

Travel startup Flyr raises $295 million in equity and debt in a new funding round trib.al/M66ZmSj

Why try and slow the fastest payload to orbit growth in history, let alone with weak arguments like having to hire non-citizens (SpaceX is ITAR-controlled) or endangerment of 7 (!) quail and a dozen crabs?… bloomberg.com/news/features/…

This is a really important and moving speech. Listen to all of it with your own ears, not through someone else’s depiction. Put aside any preconceived notions on Kennedy. These are words that can help save our democracy and our country. I do not say this lightly. This will be the best use of ten of your minutes today.

Twitter #Break. Not because of Twitter, but because 2023 will forge lasting companies in the midst of a global downturn. Time for heads down work, zero hype, and no distractions. See you in '24! #Uninstall

What's crazier? In a few more prompts I was able to get a working version in Java and in Python. The downstream impact of this on cheating in school, college, interviews, is humongous. Final program: go.dev/play/p/44WjD_-WqI3

Pop songs don’t have key changes anymore. tedium.co/2022/11/09/the-dea…