Long | e/acc

Entrepreneur, PE Investor, Truth Seeker, 💫 👽

[Long | e/acc @Long_Wong_]

James Blunt is a liar and a shill

[James Blunt @JBlunt1018]

Sometimes I look at comments from people like Palmer Luckey and genuinely wonder what happened to this platform.

The guy has 1M followers and, even after @pitdesi tried injecting some common sense into the conversation and Grok corrected the claim, he still believes in his heart of hearts that H-1B workers are working as cashiers at 7-Eleven and Walmart.

Credit to @pitdesi for at least trying to bring facts into the conversation.

We have completely lost the skilled-worker debate on X.

[Long | e/acc @Long_Wong_]

@PalmerLuckey @paulg Paul graham and his kind know well the gaslighting they dish out, but Palmer Luckey is gonna have any of that - a true American.

[Long | e/acc @Long_Wong_]

@frontierism https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[Long | e/acc @Long_Wong_]

@AutismCapital https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state gaslighting censorship machine is at play.

[Long | e/acc @Long_Wong_]

@seanmdav https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[Long | e/acc @Long_Wong_]

@docMJP https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[Long | e/acc @Long_Wong_]

@PalmerLuckey @rqnight @paulg https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[Long | e/acc @Long_Wong_]

@ShaneEBurns https://t.co/Ip8SGf3bGm

[Long | e/acc @Long_Wong_]

Who wants to see @PalmerLuckey and @paulg in a podcast debate on this H1-B topic ?

@Jason @theallinpod @tbpn @chamath @dwarkesh_sp @DavidSacks @friedberg

@PalmerLuckey @paulg

Any takers?

Let's finally put this debate to rest.

If this debate podcast doesn't happen, then we know the deep state censorship machine is at play.

[U.S. Tech Workers @USTechWorkers]

Several years ago, @paulg made such an assertion on here, and we tried to have a serious discussion about the fact that the visa programs he favors aren’t principally mechanisms for identifying extraordinary talent, but a convenient tool that allows employers to recruit foreigners whose need for immigration benefits gives employers leverage over the price of their labor, thereby interfering with the operation of the very “meritocracy” he’s trying to defend.

The dirty little secret of early-stage startups (that Paul was a part of funding during his Y Combinator days), especially the immigrant-founded ones, is that they often can’t afford to hire the best engineers because those engineers go to work for the FAANG companies, which pay higher salaries than early-stage startups can afford. So they rely on visas because foreign workers may be willing to accept lower wages in exchange for the immigration benefits attached to the job. There’s also a noticeable tendency for immigrant founders to hire their own because of commonalities of culture and language, so in-group preferences can keep Americans out of jobs at their startups. Google “Forbes The Russia House” to understand this dynamic.

And the FAANG companies are interested in a compliant workforce that remains loyal to them. What keeps them up at night is the prospect of a competitor offering a better financial package to poach their engineers. See the Apple, Google, Intel, and Adobe class-action settlement over employee no-poaching agreements. The H-1B becomes a useful tool in preventing this because moving to another company on an H-1B involves immigration paperwork and creates additional risks and friction, which means a lot of H-1B workers won’t move to another company to seek a better financial offer.

No matter how much counterevidence we provided to Paul (60 Minutes investigations, Apple and Meta’s DOJ settlements, stagnant STEM wages, etc.), his answer, in essence, was that if importing a handful of exceptional geniuses also meant importing a much larger number of ordinary workers who would displace Americans, that was a price worth paying. He eventually blocked us.

There is a useful analogy in M. Night Shyamalan’s movie ‘Unbreakable’. Samuel L. Jackson’s character deliberately orchestrates catastrophic events knowing that people will die, because he’s searching for the exceptional person who can survive them and thereby prove that person possesses superhuman abilities. When Bruce Willis’ character, who possesses those abilities and was the sole survivor of a horrific train accident, realizes that Jackson deliberately caused the accident, he’s horrified and disgusted by what he’s done. Jackson’s character nevertheless continues to defend his actions as necessary because they ultimately led him to discover Willis’ superhuman abilities.

That is essentially @paulg’s position. The exceptional immigrant is worth the price, even if it comes at the cost of displacing American workers by bringing in much larger numbers of ordinary foreign workers, along with the permanent demographic changes that result from such a policy. No argument about who bears those costs, or about the basic principle that a sovereign nation has the right to determine who enters its labor market and becomes a member of its society, seems capable of changing his mind, not even when someone like @PalmerLuckey makes it.

China is allegedly our arch-nemesis in the AI and technology competition, and Paul’s solution is to fast-track green cards for every Chinese STEM graduate because he somehow believes this will prevent China from succeeding. He chooses to ignore the fact that we’ve been allowing Chinese students to come here for decades while continuing to confront concerns about IP theft and espionage, as well as numerous cases demonstrating that acquiring an American passport doesn’t necessarily erase a person’s ties or loyalties to China. The best thing policymakers can do is ignore people like him.

[Long | e/acc @Long_Wong_]

@PalmerLuckey @paulg 🔥🔥🔥 Paul Graham is a douchebag that blocks anyone that disagrees with him because he knows his arguments do not hold water against someone that stands up to him. I used to respect him but now his views are just weird and out of touch.

[Long | e/acc @Long_Wong_]

@SJosephBurns Hi Steve, will this book include technical details on how to set up a systematic automated trading system - which software and APIs to use and how?

[Long | e/acc @Long_Wong_]

Agree, maybe because OpenAI is already compromised

[Patrick Collison @patrickc]

Overall, I’m very surprised at how little media coverage there’s been around the OpenAI / Hugging Face attack. It’s clearly one of the most important things to happen this year.

[Long | e/acc @Long_Wong_]

🚀🚀🚀

[James Wang @draecomino]

I’ve joined Cursor / SpaceXAI.

AI is bound by compute, and SpaceXAI has the best near and long term compute roadmap of any AI lab.

Cursor + SpaceX as a joint entity is what sold me: Cursor’s product taste, coding data, and stellar GTM are now backed by the largest open reserve of compute on earth.

The longer term roadmap is even stronger: SpaceX will have by far the lowest launch cost for orbital compute. And Terafab provides dedicated capacity with a domestic supply chain.

I’ve long wanted to work alongside the model team. I’m thrilled and honored to do this work at SpaceXAI.

Thanks @romanugarte_ @CathieDWood @mntruell

[Long | e/acc @Long_Wong_]

🔥

[Palmer Luckey @PalmerLuckey]

@paulg Of course, you know a tiny handful of my 10,000+ employees aren't citizens. I am pro-American, not the strict polar opposite of your traitorous ideology.

And I won't play 20 Questions with you as you try to bait me into saying something we both know is against California law.

[Massimo @Rainmaker1973]

The Robotics team from Wissahickon High School in Ambler, Pennsylvania, built the robot Miss Daisy XXIV that picks up balls and shoots them into a container.

[Long | e/acc @Long_Wong_]

True

[Alex Hormozi @AlexHormozi]

Most common reasons for failing in order:
1) Never starting
2) Quitting too soon
3) Not doing enough volume
4) Not doing it consistently enough
5) Doing too many different things
6) Not shooting big enough

[Long | e/acc @Long_Wong_]

"AI is becoming a capital vacuum."

@_The_Prophet__

[Brett Winton @wintonARK]

a surprise I think is coming

the quick payback periods and extraordinarily high IRR for AI infrastructure, even at monumental scale, will push up cost of capital sufficient to push many traditional businesses into the abyss, even those without obvious direct AI counter-exposure

[Simon Dixon @SimonDixonTwitt]

🇻🇪 Watch Venezuela.

Bloomberg reports Venezuela is considering leaving OPEC.

But don’t watch OPEC in isolation.

Watch the gold too.

Venezuela is trying to recover roughly 31 tonnes held at the Bank of England.

Ignore reports claiming it has already been transferred to the US. That has not been established.

The interesting part is what happens next.

Venezuela could become a perfect example of the MIC → FIC → TIC transition I’ve been describing.

The MIC does the dirty work.

The operation against Maduro was about changing the political alignment and pulling Venezuela back into the FIC sphere.

Then the FIC takes over.

The gold gets negotiated.

The sanctions get negotiated.

Access to financial markets gets negotiated.

The oil gets negotiated.

And the currency war begins.

If Venezuela leaves OPEC, regains access to its frozen assets and keeps its oil inside dollar settlement, the FIC doesn’t need the old petrodollar system in the same way.

Especially if the TIC gets the final piece:

Stablecoins.

Move Venezuelan oil and commerce onto dollar stablecoin rails and you have a new model.

MIC changes the regime.

FIC controls the money.

TIC controls the rails.

That’s the transition.

The US can shrink from global hegemon to regional power of the Western Hemisphere only.

The less likely outcome is if Venezuela leaves OPEC, gets its gold back and starts settling more oil outside the dollar, then the story changes.

That would tell me Venezuela is moving towards the multipolar financial system rather than being absorbed into the US-led node.

That’s why the OPEC headline is only half the story.

Saudi Arabia is already connected to mBridge, infrastructure that can settle cross-border, multi-currency payments without relying on the traditional correspondent banking chain.

The old architecture is being dismantled.

The new nodes are being built.

America consolidates its node.

China consolidates its node.

Everyone else hedges.

And the FIC/TIC fight over whose currency and rails connect them.

MIC → FIC → TIC.

That tells you what Venezuela was really about.