Social Capital™️
I have never seen the plight of my generation articulated so well.
This is the core issue we must solve, we must provide abundant social capital to the next generation - using the levers of politics and private industry - or humanity as we know it will end.
It's remarkable how this looks like an inverted rents vs. permits chart
Places that permit many apartments have lower rents. Places that permit lots of power generation have lower electricity prices
Places that fail to permit things have higher both!
It's not the data centers!
@roscoesinjin@carm1nee They just try to keep the scale from tipping. The scary thing is that they have been backstopping smaller and smaller drops. The system has built resistance to the monetary policy injections. When the big one comes, there’s no magic cure
Contrarian take, but Sam Altman / OpenAI is doing something right if he's pissing off every Mag7 like $AAPL.
By building their own ecosystem instead of being sucked into another.
It's been awhile since $GOOGL, Apple, Microsoft, and others had some genuine disruptors.