🌌

Watch the incentives drift away.
Designer, founder, checkout clerk.

[🌌 @incentive_drift]

@ndyRoo2 @growing_daniel They all suck. One area competing with the other for the same stupid over priced burger and cocktails. The good parts are a monoculture.

[🌌 @incentive_drift]

@outcomethinking @growing_daniel The expensive "good parts" lol

[🌌 @incentive_drift]

@growing_daniel Happy to GTFO myself. Hope y'all love it.

[🌌 @incentive_drift]

@danywander @round Time is the measureme of change

[🌌 @incentive_drift]

@Eric_Erins In the next chapter, we'll cover how status seeking bootlickers accuse and blame the victims for noticing.

[🌌 @incentive_drift]

@Eric_Erins Welcome to the world, where machines take your money and poison you

[🌌 @incentive_drift]

@murd_arch @VictorTaelin Thank you. The 🤷 of these tweets sometimes, as if every turd needed a url

[🌌 @incentive_drift]

@lennysan THIS. Seriously. This shit is 1/2 of devops.

[Matter as Machine @matterasmachine]

The speed of light is the speed of the crowd. If you move faster than the crowd, you bump into it, exchange momentum, and move slower. If you move slower than the crowd, the crowd bumps into you, exchanges momentum, and you move faster.

[🌌 @incentive_drift]

@SteveStuWill Sugar doesn't give you a lot of energy? And that's a psychological fact? Yikes

[🌌 @incentive_drift]

I'm tired of seeing AI signature "and that's a real thing you're identifying"

[🌌 @incentive_drift]

@round Let em know on LinkedIn

[Matthew Pirkowski @MattPirkowski]

Many useful ideas become harmful when scaled beyond their applicable domain.

The concept of “solutions” offers a perfect example.

Learning mathematics, which—at least to the extent most people ever learn it—hinges on reducing a fundamentally open-form reality to closed-form representations with finite and static “solutions”.

Millions then incorrectly adopt this pattern as their model for how reality works.

But reality is open and always evolving, and therefore reflexively responds to all imposed “solutions”.

Which means that to the extent one “solves” a “problem”, it typically isn’t solved everywhere and won’t remain “solved” for long.

Yet we’ve conceived a philosophy of governance predicated on choosing between those who—knowingly or otherwise—parasitize the misplaced hope that “solutions” aren’t merely possible, but a simple matter of putting the right ape in charge.

Then we’re upset when reality changes, and we scapegoat the ape in charge rather than looking to the catastrophic flaws we’ve unintentionally embedded within our population-scale world model.

[🌌 @incentive_drift]

@Heavenly_Race_ As a grocery store clerk, I'm finding it frustrating to talk to many customers. It's too early in the day to say anything meaningful, or too late in the day to get a real thought. The interaction reduced to a soft dandruff, attrition of meaningful individuation.

[Alexander Vilinskyy @vilinskyy]

The irony of the current state of ai, is that bureaucracy was always an enemy of productivity, but it might become a new moat.

If "abundant creation" is unlocked, the bureaucracy would help shape the creative process and decide what's worth building.

Of course it will not appear as "bureaucracy", it will sound something like "Tastemaker Genius" or some sh.

[Carlos E. Perez @IntuitMachine]

I can't help but realize that a majority of humans also have an illusion of thinking. Add that to the other cognitive bias of the illusion of control. It's our unconscious that does all the heavy lifting, and it's forged through habits. The argument that habits are the same as thinking should strike one as strange. But that is what it is!

[🌌 @incentive_drift]

This is not what the normies want, yet there are a group of people that say it was obvious... Many of those people were by default cynical about crypto

The great fleece

[⭕ AI & Design (Marco) @AIandDesign]

I'm not gonna lie, the @Meta layoffs are some of the most dystopian I've ever seen. They got told to work from home, they were sent the emails at 4AM in the morning. Those who weren't impacted have software on their computer that tracks their every move, preparing AI to take their job as well. They're literally training the AI that will eliminate their position as well.

Meanwhile, Meta is raking in RECORD PROFITS.

I am a massive, unapologetic AI enthusiast. Yet, this is NOT the future I had in mind.

I wish for Meta to crash and burn. This is not the way. Literally nobody benefits from this.

[Roman Helmet Guy @romanhelmetguy]

Communism is the utopian delusion of the proletariat. Libertarianism is the utopian delusion of the bourgeoisie.

[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.

[Niko McCarty. @NikoMcCarty]

About a decade ago, many people in Chinese stopped believing that chickens marketed as "free-range" were legit, because some unscrupulous suppliers tried to pass off bad chicken as premium, leading to small disease outbreaks.

In 2017, a Chinese company called GoGoChicken began sticking ankle bracelets onto all of their newly-hatched chickens to track their locations (via GPS), daily steps, the local air quality, and more. These data were logged onto the blockchain (for no apparent reason other than "credibility.")

When these chickens were slaughtered and packaged, the company included a little QR code on the label. Consumers could scan this label and see details about that particular chicken; where it was raised, what it ate, number of daily steps, and when it was slaughtered. These chickens were profitable, selling for up to $43 each. The technology expanded to more than 400 farms, but the company eventually went out of business for reasons that are unclear to me.

(The company also pitched an idea to allow people to buy their chicken four-to-six months before slaughter, so they could follow its life and remotely watch the animal as it grew up. Strange.)

Yes, this is literally a plot from the first episode of the TV show, Portlandia. But it is also a real story, well documented in the book "Blockchain Chicken Farm" by Xiaowei Wang, which is itself a collection of strange stories about technology adoption in rural parts of China. Recommend.