Smith

[Autism Capital 🧩 @AutismCapital]

A live action BERSERK would go so hard. Everyone would watch. It has everything: incredible story, heart, action, blood, supernatural, horror, both strong male and female protagonist, most notorious fangirl bait villain ever conceived, etc. The world could handle a true dark fantasy series. But it has to be done right, no edits, no censorship, no changing anything. It has to go all the way. Get the right cinematography, music, actors, director, etc. Put it on HBO with a big budget. No compromises. Normies would have never seen anything like it before. People would be shocked. It would become an iconic show. It would fill the GoT void.

[Smith @Smitty1511]

@Andercot It’s a few generations from being great

Problem is no profit in current generations to spin the capitalist flywheel around to reach the later generations

Many tech trees go dark and unexplored for the same reason

[Smith @Smitty1511]

@slothy_420 It’s a healthy mindset to focus on how you react (you can control) than how others act (you can’t control)

[sphinx @protosphinx]

The IPO system is broken. You don’t go public to raise growth capital anymore. You do it to dump equity on retail.

NVIDIA went public at ~$600mn in 1999. Microsoft at 780mn. Oracle at ~270mn. Intel at 58mn!

Today you won’t IPO even at $60 billion.

At a $600 million valuation if you hit the jackpot and become a $60 billion company in public markets that’s a 100x return.

Investing $10k as retail makes you a millionaire. This is wealth creation.

At $60 billion there’s very little chance you get to $600 billion let alone 100x from there. You will certainly lose money as retail.

Mathematically if you only allow $100 billion IPOs you’re basically capping upside at maybe 10-20x. There’s no more 100x or 1000x potential. And even 10x is extremely unlikely.

Airbnb, Uber DoorDash are maybe 10x outcomes at best for retail investors. These are supposed be success stories of last decade.

Apple Microsoft Tesla Google were all 100x opportunities for retail.

So you’ve basically cut the average middle class investor out of the upside while private markets and insiders keep most of it for themselves.

[Ethan Mollick @emollick]

Every so often I think about how, in 2022, for $24B we could had "prototype vaccines ready for each of the 26 known viral families that cause human disease" so they can be deployed in 100 days if there was ever a need.

This effort was not funded. https://t.co/TJBuqp69Nn

[^ @manoelectrico]

ya no hay ninguna diferencia entre scrollear en la vía pública y estar doblado por fentanilo

[Smith @Smitty1511]

@ns123abc stop glazing. theres a betting market for this trial, the best source of truth for how things are shaking out and it hasn't budged much since trial started. post non-ai, balanced takes, or stfu

[Smith @Smitty1511]

@HayekAndKeynes @crowdturtle Sensible take if you expect cost per token to remain flat, which it hasn’t.

[Smith @Smitty1511]

@CharlesMBrenner Fool

[Surrealistship @SurrealistShip]

I hate all of this so much. We should really force companies to ipo, it's absolutely insane that we don't.

Secondary markets, spvs, complicated multi company funds, it's all just regulatory arbitrage on getting people access without an ipo.

If you have >500 non accredited shareholders, you already need to file with the sec. We just don't want to admit that stock comp should count as the harms are the same. It's a disservice to the employees who don't have liquidity, to the non rich public who can't invest, and to the economy as a whole where we have no public financials or audits.

If they want to be private, let them be but don't let them have their cake and eat it too.

[Reads with Ravi @readswithravi]

I’m in love with this sentence:

“The best math you can learn is how to calculate the future cost of current decisions.”

[Smith @Smitty1511]

@tszzl @firstadopter Foundation is a disgrace and utter trash. Everything else here is solid tho.

[Smith @Smitty1511]

@uwukko Edit: 2 other people in the comments mentioned it. Still shocked. In fairness it is outdated UI but incredibly effective at learning a language.

[Smith @Smitty1511]

@uwukko Pimsleur. I can’t believe I don’t see it in the comments. I did all 5 units of Japanese and it’s working wonders here.

[emma @do_not_test_me]

i could look up the word “the” using gmail’s search function and it would gleefully tell me i have never sent or received an email containing that word in my entire life

[Brett Winton @wintonARK]

the annual social cost of cancer and auto accidents are very roughly equivalent

imagine a new cancer drug came out that reduced mortality by 90% across *every* cancer

And the AMA aggressively lobbied against it because of its potential suppressive impact on hospital visits and surgeries...

That is the unions wrt to autonomous robotaxis right now.

[Smith @Smitty1511]

@nikitabier @BillyM2k No. It should do this automatically in its response and usually does. No need for a second user tap

[Yun-Ta Tsai @yunta_tsai]

We have reached an era where some people have not touched a steering wheel and have simply let their cars drive them around for a whole year, whereas others do not know this is possible at all.

[Rocky Mountain High @subsix848]

Big cities like LA or NYC could quickly solve their quality of life issues by jailing or involuntarily committing the small number of mentally ill people and hardcore criminals responsible for most of our problems, but we don’t have the courage or political will to do it.

[Smith @Smitty1511]

@bryan_johnson Could it not be the effect of aging 3 years