Balaji
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Balaji· 2025-12-04 17:23
If frontier AI models plateau, then on-device inference and open source models could catch all the way up.Great for consumers and developers. Amazing for getting intelligence too cheap to meter, for AI-enabled hardware, and for the garden of intelligent things.But bad for business models premised on continuing exponential AI capex spend…including the US economy itself.Michael Dempsey (@mhdempsey):the image on the left might be the most underappreciated chart in technology right now. https://t.co/RxtHlgaNIE ...
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Balaji· 2025-12-04 05:55
America absolutely did build an empire. I don’t mean this in a negative way; it was by many measures the greatest empire of all time.And global military dominance is what allowed it to issue the reserve currency, and spread the political, technological, and economic ideas you mention.See map below. This is not the posture of a republic that just wanted to sit meekly behind its borders, as today’s American right often claims.Nor is it really a democracy, as the American left would have it. I mean, did the ci ...
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Balaji· 2025-12-04 05:12
It’s still formally neutral, but it’s neutral in name only. The economic and military benefits of being part of a scaled empire were too great. See post above.Unfortunately for Switzerland, it’s losing its neutrality at a bad moment in history, by being sucked into the gravitational black hole of the Western sovereign debt crisis. It’s getting pulled into a declining empire, instead of benefiting from a rising one. Maybe it suffers less damage than its neighbors due to legacy neutrality, but it won’t be uns ...
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Balaji· 2025-12-04 05:01
I like Switzerland and agree that it was arguably an exception to the rule. But it isn’t anymore and hasn’t been for some time.It capitulated to Obama in 2009 on financial privacy, and so Swiss bank accounts don’t really exist. The Swiss (perhaps understandably) sanctioned Russia after 2022 and nuked the Credit Suisse bondholders, in violation of financial neutrality. That neutrality is now found only onchain.The country is also de facto a member of NATO and the EU, even if not de jure. And is moving toward ...
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Balaji· 2025-12-03 20:06
If a country stay smalls to remain true to its roots, it eventually gets absorbed by an empire.Conversely, if a country plays for empire, and truly achieves world domination, it absorbs so many that its subjects eventually outnumber the imperial core. And thus the empire, too, loses touch with its roots.Stay small and get conquered.Get big and get diluted. ...
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Balaji· 2025-12-01 04:36
RT David Sacks (@DavidSacks)INSIDE NYT’S HOAX FACTORYFive months ago, five New York Times reporters were dispatched to create a story about my supposed conflicts of interest working as the White House AI & Crypto Czar.Through a series of “fact checks” they revealed their accusations, which we debunked in detail. (Not surprisingly the published article included only bits and pieces of our responses.)Their accusations ranged from a fabricated dinner with a leading tech CEO, to nonexistent promises of access t ...