ORE is integrating Privacy Rings from @helius, and @HardhatChad breaks down shielded pools vs confidential transfers. A new privacy layer for ORE holders. (@ORE)
my wallet's been asking for curtains for years 🪟
Btw: if Nvidia is actually silly enough to fall for this op, and somehow terminates the founder and CEO of perhaps the most valuable company in world history, Jensen may well land on his feet at TSMC.
A win for Asia, a loss for America.
This is a Jack Ma style clampdown on Jensen. He definitely pissed off the wrong person, maybe because of the same beliefs he articulated during his Dwarkesh podcast
Interesting timing too with the midterms and right around the Anthropic IPO. Absolutely no way all of this comes out at this exact moment with no ulterior motives in mind from a third party
NVIDIA deciding whether to fire Jensen would have been a really interesting decision market @robinhanson
It appears likely that decision markets would have kept him as CEO
The reason I say the Jensen Huang reveals are a targeted PR hit is not because I think he didn't do the things he's accused of. It's because the knowledge of those affairs was held in reserve until it would offer those who would benefit from the revelations maximal advantage.
Remember that Huang is an unabashed advocate of open source AI. The exact thing that the big AI companies are trying to kill off with the "please slow us down" regulatory capture theater.
This is a calculated drop. Make of that what you will.
The whole Jensen thing feel too well coordinated and targeted. If I have to guess this is the most bipartisan agenda can be aligned by China hawks from both sides, and considering TSMC is a highly Huang aligned (Morris once invited Jensen to take over TSMC back in 2013 and the personal bonds are extraordinarily strong btwn the two) and most critical manufacturing chokepoint for semis. so Jensen is unusually embedded across both sides of the China-Taiwan-US AI stack.
the preferred endgame for Washington its a CEO with less personal exposure to China/TW, fewer cross-strait ties that can be politically weaponized, and more predictable alignment with US culture and deep state
not saying the underlying allegations were totally manufactured. the scandal can be real while the political uptake is still remarkably coordinated. America politician can call itself post racial, but power is never post tribal. Nothing can close the gaps across the American establishment faster than someone who can be framed as "not one of us"
Honey trap. The more we get to know about this whole Nvidia mess, the more the narrative built by the media (and various security pundits) makes less sense. What becomes clearer by the day is the viciousness of a deliberate, smearing campaign by certain cliques within the Washington establishment to go after Jensen Huang. Since they lost the argument against limited GPU export restrictions to China, they can only go against the man. And while a tech bro like Elon Musk can happily go inseminating half of white blond female America (and incidentally switch off Starlink to a strategic ally in an existential genocidal war), Jensen Huang is portrayed as your average US middle-aged idiot been duped by a Chinese “girl” (in her mid-forties), supposedly a communist spy (for which claim no one’s brought even a shard of evidence). And thus Nvidia, arguably the only true technological asset left to the US in the global competition, risks being completely destroyed by a bunch of know-it-alls. The only real honey trap is this sweet sense of retribution that has gotten a vast part of America addicted. And nothing is more telling of the current state of that country.
@kuhhbin@TheEconomist@TheEconomist must go
Jensen built one of the greatest companies of all time, and all you do is bitch about how best to centrally plan and control markets