Ernesto Ramirez🦇🔊

techno-optimist | engineer | building @succinctlabs

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@advaith @clementetv_ @fakedev9999 Someday this is what coding by hand will feel like, at least to the hand coding enthusiasts

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@AlexFinn The question is when is it worth investing in hardware to run a model like this, purely for sovereignty and personal use? Hard to justify spending $15-30k on hardware right now. Most would rather pay for tokens and forego privacy.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@distributedkv @tszzl @advaith

[Erik Voorhees @ErikVoorhees]

No, you don't get it.

He does not have $1 trillion sitting in cash, it is 99% stock in his companies.

To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.

Okay, but now Elon has $100b in cash, and can "solve the world's problems".

$100b divided by the world's 8 billion people is $12

If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.

But everyone on earth could have one nice meal and you could revel in your altruism.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@advaith Make no mistakes

[Ernesto Ramirez🦇🔊 @ernestor_eth]

I know there's better solutions, but this works too...

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@Jason If you're not good at crypto, pivot to AI.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@HunterBiden @Samwise_Ganji Based

[Ernesto Ramirez🦇🔊 @ernestor_eth]

Thank you $ZEC panic sellers for the opportunity to buy the dip

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@brian_armstrong Yes, but we need special economic zones in the US to keep up. There's too much friction from socialists and excessive regulation.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

Or imagine voting kiosks with an unbiased agent you can talk to about the candidates.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

My hot take is that an alarming amount of people don't even know who or what they're voting for. Instead of relying on political ads, each candidate should have a few concise bullet points summarizing what they're going to focus on, directly on the ballot.

[Spencer Pratt @spencerpratt]

If you don't vote, I don't want to hear you ever complain about any of the filth, crime, or decline in LA again. Get off your butt and VOTE, or enjoy what you get.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@beffjezos Actually looking for a new barber. Leak the alpha bro

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@hthieblot @samanfarid Some founders win in easy/medium and move on to try hard/insane

[Paul Graham @paulg]

@romlib_ Crypto is a legit and indeed inevitable technology. Usually such things are net positive.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

Unless you're a bad software architect or bad at prompting

[Ernesto Ramirez🦇🔊 @ernestor_eth]

How it feels to be a dev now

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@advaith @DebatingHipHop_ iceman is only good to the people who can stand drakes voice/style

[Ernesto Ramirez🦇🔊 @ernestor_eth]

just get started

[Ernesto Ramirez🦇🔊 @ernestor_eth]

@frogmonkee I do empathize with the way people feel in this changing environment, but the only option we have is to adapt.

[Ernesto Ramirez🦇🔊 @ernestor_eth]

It's not that serious. Too many people have a narrow lens on the future. AI is empowering. You can literally learn or pivot into anything. You don't have to be a founder or work in AI. Just get good at using AI, keep learning, try new things, stop complaining, and be ok with starting over.

[Deedy @deedydas]

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.