Absolutely incredible:
Over the last 6 years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952.
We are witnessing the formation of the biggest wealth divide in modern history.
The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen.
Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation).
Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there.
Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI.
As a result,
1. The corporate ladder looks like the wrong building to climb.
Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more.
2. There’s a deep malaise about work (and its future).
Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire"
3. The mid to late middle managers feel paralyzed.
Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies.
4. The rich aren’t particularly happy either.
No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money."
I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here.
Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success".
Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.
A kid drew himself sleeping in bed between mom and dad and labeled it 'safe.'
In Japan, this exact sleeping arrangement has a name. They call it 'the river.' Mother is one bank. Father is the other. The child between them is the water. Roughly 70% of Japanese mothers sleep this way with their kids, sometimes through the teenage years. The Western model of putting a kid alone in their own bedroom is barely 200 years old. For most of human history, in most cultures still alive today, kids slept beside their parents.
James McKenna runs the Mother-Baby Behavioral Sleep Lab at Notre Dame. He spent decades watching what happens when parents and kids share a bed. The bodies sync up. Heart rates align with the parent's, breathing falls into the same rhythm, and by morning even sleep stages have started matching. The parent's body, in McKenna's words, acts as a kind of biological jumper cable for the child's.
In 2013, researchers in the Netherlands tracked 193 babies through the first year of life. They measured cortisol, the brain's main stress hormone. Babies who had spent more weeks co-sleeping in the first six months produced less cortisol under stress at 12 months. Sleeping near a parent had rewired the kid's stress system to be calmer under pressure.
Inside the kid's brain at night, the amygdala, the fear alarm, gets more sensitive as the body gets tired. Darkness makes it worse. A 2021 paper in PLoS One from Australian researchers showed that light directly suppresses amygdala activity. Lights off, alarm louder. The whole brain is wired to read 'alone in a dark room' as a threat.
Now add a parent's body to that bed. The kid's nervous system reads warm body, breathing nearby, familiar smell. The threat alarm dials down. Two parents on either side dial it down twice. The drawing is the kid's brain calculating maximum safety: I am surrounded by the people who keep me alive, and nothing can reach me without going through them first.
The arrangement in this drawing is what most of human history called 'sleeping.' Sleeping the kid alone in another room is a 200-year-old Western invention that we forgot was an invention. Every kid who has ever padded into your room at 3am and crawled into the middle of the bed is just trying to redraw the picture.
It may surprise some of the Poles and Ukrainians here, but in the Western education system we barely learn anything about how awful communism was. Our ideas & theories of what constitutes tyranny are largely shaped by the experience of fascism. Communism has been written out.
If this is real, it could be one of the largest data breaches in China’s history.
A hacker group claims it extracted over 10 petabytes of data from a state-run supercomputing facility, widely believed by experts to be the National Supercomputing Center in Tianjin. This center supports thousands of clients, including research institutes, aerospace programs, and defense-linked organizations.
What’s reportedly in the data:
- Documents marked “secret” in Chinese
- Missile and bomb schematics
- Aerospace and aviation research
- Bioinformatics and fusion simulation data
- Files linked to major state entities like AVIC and COMAC
Cybersecurity experts who reviewed sample data say it matches what you would expect from such a facility, though the full breach is not independently verified.
Even more concerning:
- The attacker claims access lasted months without detection
- Sample datasets were posted online via Telegram
- Full access is reportedly being sold for hundreds of thousands of dollars in crypto
At this stage, the scale and origin are still being verified. But if even partially true, it points to a serious vulnerability in infrastructure tied to China’s scientific and defense ecosystem.
If a centralized system like this can be penetrated, what does that say about the security of the data it was processing?
#China #Cybersecurity #CCP #DataBreach #Geopolitics #Tech
https://t.co/mIjHNP3pW4