My annual letter:
https://t.co/5axz7jVwOb
This year I discuss corgis, compute, and Cold War; the Texas State Fair; DSA; Neue Sachlichkeit; disfiguring the physical past and the end of history; Germanic obedience; Antichrist; wisecracks; Pascal’s Wager; romantasy; and croissants.
The quirky Ma Qianzu explains why the Chinese internet is so frustrating to read: there’s little actual analysis, only a straightjacketed state media and a proliferation of dramatic narratives
And a metaphor from a great interview by @afrazhaowang
https://t.co/vFwcUxo5HP
@nabeelqu I was just in Oaxaca. Walking through the streets, either in siesta hours or late at night, one feels the sense of the eerie that Bolaño describes so well
For the better part of a decade, I've been writing that the US government's restrictions on Chinese tech companies were unstrategic, poorly explained, and based in caprice (https://t.co/Ohrn9qFtIL). Now it looks like the administration is turning these controls on American firms
Think about the power Hegseth is asserting here. He is claiming that the DoD can force all contractors to stop doing business of any kind with arbitrary other companies.
In other words, every operating system vendor, every manufacturer of hardware, every hyperscaler, every type of firm the DoD contracts with—all their services and products can be denied to any economic actor at will by the Secretary of War.
This is obviously a psychotic power grab. It is almost surely illegal, but the message it sends is that the United States Government is a completely unreliable partner for any kind of business. The damage done to our business environment is profound. No amount of deregulatory vibes sent by this administration matters compared to this arson.
BYD and Tesla both make EVs in China. Yet BYD has significantly lower costs.
Two major factors:
1) Vertical integration is very high for BYD
2) Doing R&D in China is far cheaper
State subsidies are a small part. It’s more a structural advantage. Fascinating report from Rhodium.
@patio11 I feel like it is meditative and helps me enter flow state. And since it’s the final step of the process, I associate additional pleasure with retyping