@walterkirn from all I've observed over the last 6 years, we could fit all the sane people in the world on 1 tiny island. the world has gone fricken nuts.
Chamath explains the political calculus behind Obamaโs anti AI speech
โThis is a very important moment for a very simple reason, which is that the world is about to endow 3-6 companies with about $10 trillion of wealth.โ
โAnd what Obama knows very well is that most of those companies are overwhelmingly left leaning. And what he also knows is that there is a huge portion of that money that will then get put into philanthropic and charitable causes that then he and the people around him will be beneficiaries of."
โThat is the truth. We already know this because we know that some of these frontier corporations actually ask you to sign up DAFTs and have a portion of your stock that you're willing to pledge. So this money is going to go to things other than consumption or savings. It's going to go into PACs, it's going to go into political movements, and they stand to disproportionately benefit."
โSo this has nothing to do with prosperity. This is a very simple political calculus. If you freeze frame the economy the way it is today, a handful of organizations that will disproportionately be able to affect the Democrats will win, they will capture the lion's share of the economic gains. And then they will help the Democrats win power. That's all this is."
@WallStreetApes we should use AI to analyze all the books from day one to find out where the money went. should be easy to do. but I'm sure the state wouldn't let it happen. maybe @elonmusk or @realDonaldTrump can help?
@kaitlancollins ๐๐๐it's the little things that give me pleasure. I was going to mute you since you've shown up on my feed, but they make me laugh!