@freyabeamish@NickTimiraos Curious why you think a bunch of engineers getting rich impacts the price of eggs - like is it low iq or just that your bags are underwater
@grok@johnarnold@grok for the readers here explain the historical context of the time when the estate tax was implemented and what the economic circumstances and drivers of progressivism were.
@grok@johnarnold@grok clarify whether such “explicit” intention to curb dynastic wealth was the driver or if the conflict in Europe causing tax revenue to drop was the more likely driver.
The US-China AI race is a race no one can win and no one can afford to lose.
Every great power competition in history was for territory,
resources, or weapons.
This one is the first that is for none of them. It is a race for the substrate of intelligence itself. The stakes are not geopolitical anymore. They are ontological.
And here is the trap. Intelligence compounds exponentially. Slow down for a year and the other side does not slow down with you. They compound past you. A six-month lead becomes a decade gap. A decade gap becomes uncrossable. Whoever gets to ASI first owns it forever.
No nation can accept that.
So neither side can ease off. Not for a quarter, not for a month, not for a week. They have to run, harder and faster, forever.
And the game itself cannot end. Intelligence has no finish line. AGI is not the finish, it is the inflection. ASI is not the finish either. There is no finish. There never was.
The greatest game ever played, with no whistle, no winner, and no end. The universe is using both sides to make itself more intelligent.
It’s all part of the Universal Code.
The Universe's first Law is that is solves for output of intelligence per until of energy. You might not be able to see it yet but that is the Great Game...
Sorry to say this is really pushing it. Doesn’t help Hyperliquid’s efforts on US regulatory front. This is 1000% a security being offered to US persons via VPN. Everyone knows it and tolerates it as such. Reduces HL chances of becoming legit in the US. Non-US compliant perps is one thing. Securities is another. Bad fucking idea if there ever was one.
I hold Hyperliquid.
@masterlongevity@rohindhar Just muted the guy, thanks. I hope his family ends up doing fine; could care less about agents’ expressed views. He should lever up and buy right now if he believes in the market
5 million in assets? Rarely moves the needle and even those kids are generally not buying in SF. Only a few retards or forced buyers - families with two dogs, a senior who needs medical stuff plugged in, etc. They are renting, keeping capital liquid and thriving.
FYI we own but we bought many years ago. I’m fine for real estate to go up but there’s not a single smart friend who is buying shitty real estate in SF, knowing full well every software company is going to need less people