If you’re interested in startup societies, come here in October.Balaji (@balajis):Come to Singapore on October 3.https://t.co/W0MbLJpKgp https://t.co/wfmbTY17OY ...

RT David Sacks (@DavidSacks)Why the AI job loss narrative is overhyped: AI models still need to be prompted and verified, often iteratively, to drive business value. As @balajis says, AI is middle-to-middle, not end-to-end. Humans do the stuff at the ends (supervision); AI does the stuff in the middle. ...

I have good news.Yes, the land is moving in an illiberal direction. It’s disorderly anarcho-nationalism and anarcho-communism in America. And disturbingly ordered nationalist communism in China.Businessmen are now randomly murdered in the USA and randomly expropriated in the PRC. All manner of hatred bursts forth every day on social media — against whites, nonwhites, men, women, the young, the old, and everyone in between. And the values of peace, trade, and win/win cooperation that built the modern world s ...

Ten thoughts on AI.https://t.co/qcjPZiOenj https://t.co/Rv0xn8rPAS ...

Market Trends & Regulatory Landscape - The report suggests that traditional US capital markets are declining in favor of Internet capital markets and crypto exchanges [2] - Regulatory interference is seen as detrimental to capitalist transactions, leading to less M&A activity, more complex deal structures, and increased political maneuvering [3][4] - The author argues that regulations strengthen large corporations (bigcos) by creating barriers to entry and acquisition for startups [5] Investment & Exit Strategies - Big companies (bigcos) are putting less profit into exits, resulting in less money available for tech startups [4] - The author believes that the goal of some regulators is to hinder technological advancement [5] - The VC model relies on a few successful companies to offset the failures of many blocked acquisitions [6] IPO & Crypto Markets - The author anticipates a shift towards easier IPOs via crypto, with companies listing on Internet capital markets instead of traditional exchanges like NYSE/NASDAQ [1] - The rise of Internet coins is correlated with the decline in the number of US public companies [2] M&A Dynamics - Big companies (bigcos) reduce M&A activity due to the need to budget for regulatory challenges [3] - Big companies (bigcos) are forced into complex deal structures [3] - Big companies (bigcos) prefer to fight startups rather than acquire them, often resorting to political tactics [3][4]

Success truly has a thousand fathers, and failure is an orphan. Because the Figma IPO is so big that apparently even the most dedicated anti-tech haters want to get their name into the winner’s circle.But the chutzpah here is off the charts. This one reminds me of Gensler taking credit for the Bitcoin ETF, after he got forcibly dragged across the finish line by a court process.Let me explain why.(1) First, the amazing thing about tech “monopolies” is that we have so many of them. That is, we have at least s ...

This is like the assassin who missed congratulating themselves for electing Trump.Remember, the DOJ did bankrupt Spirit Airlines by blocking its merger with JetBlue. It didn’t kill Figma, but that’s only because the founder is amazing — not because state harassment helped! https://t.co/cw3g2Bg5gsLina Khan (@linamkhan):A great reminder that letting startups grow into independently successful businesses, rather than be bought up by existing giants, can generate enormous value.A win for employees, investors, i ...

AI companies should do this too. Save millions on tokens by defaulting to concision. ...

Prompt your AI like the old Twitter.Limit responses to 140 characters, or 140 words, or perhaps 140 lines. Otherwise you’ll get back 140 pages. ...

Decentralized Network & Trust - A hub can be set up for a small community with 10 BTC, functioning similarly to a centralized exchange [1] - As long as no individual settlement exceeds $1 million USD, the hub can handle most of the community's business through offchain settlement [1] - The industry acknowledges that while software can minimize trust, it cannot eliminate it entirely, requiring some level of trust in the code's correctness [2] - Bitcoin provides a choice of who to trust, but doesn't fully eliminate trust when recentralizing in any community, a trusted hub is needed [3]