rhett

USC alum. alts analyst. tweets are mine not employers

[rhett @neuspeculation]

@edgeofarete Prestige chaser

[rhett @neuspeculation]

@jmj Great crawfish and incredible people.

[Citrini @citrini]

I give it a year until we see a new breed of AI native private equity firms that acquire companies just so they can move their workflows from Claude to open source Chinese models and flip them.

[Leo @edgeofarete]

https://t.co/YyQLRpFwfl

[rhett @neuspeculation]

@blondesnmoney Cluseau i was searching for this as ur noti came ❤️

[rhett @neuspeculation]

Multi-agent economy frameworks will be the discussion of the year when all applications are forced into agentic solutions.

Leo is early here. Always a good read.

[Leo @edgeofarete]

The dominant mental model for the agentic economy is Coasean bargaining at scale, agents serving as tireless negotiators in order to reduce transaction costs to near-zero. Krier (DeepMind), Shahidi et al. (NBER), Rothschild et al. all assume coordination will emerge through prices + property rights executed at computational speed.

New paper argues this gets the problem wrong at the level of substrate. When agents with world models interact, the coordination medium itself becomes endogenous to their behavior. The problem now lies in the reflexive entanglement that exists between competing state-transition projections that no market mechanism can resolve.

I argue that the solution lies in constructing this environment: a world model of the multi-agent system itself.

[Hiten Samtani 🗞️ @hitsamty]

"A unique feature of Texas is alcohol sales data per location is available to the public"

Weatherholtz finally picks up that damn (digital) pen again, always a treat.

[Leo @edgeofarete]

In discussions of future governance, the AGI-solves-Coase crowd misdiagnoses the problem. An agent that computes at infinite speed and negotiates at zero cost is still unable to discover an efficient allocation when opportunity costs are constituted by narrative.

[rhett @neuspeculation]

@LeveredVinny @rfkenmore Which one u get Vinny the black or brown leather?

[Leo @edgeofarete]

"Capitalist economics is extremely sensitive to hyperstition." - Land

Amidst a transition towards intangibles, the tenet economy has emerged: boundary entities emit and absorb information in a recursive loop, narratives continuously shifting the information environment itself.

[rhett @neuspeculation]

Here is my friend.

[rhett @neuspeculation]

@ResearchQf Link to article?

[rhett @neuspeculation]

Let’s go Jake Motyl on my feed tonight! Love the idea let’s see videos of it transforming from hidden to active use.

[Jake Motyl @jakewilliammo]

My dad got bored in retirement. So at 64, he made a $300K bet:

He started a company that builds hidden tv furniture.

The President of Meta bought one.

This unit is $32K. Hand built, insane quality.

Here’s the thing:

He’s a builder. Not a marketer.

All his sales come from referrals.

I’m trying to help my dad blow this thing up.

If you have any marketing advice, he’ll read every single comment.

He took a massive risk at 64. Help him crush. RT for visibility

[rhett @neuspeculation]

@0xMerridew @esoteric_cap What’s your approach on rebalancing the durable portfolio now? Once a year mandate and return back to %, or let the portfolio naturally mean-revert?

[rhett @neuspeculation]

@elektronenjager Jeff let the people know where!

[rhett @neuspeculation]

@blondesnmoney what producers are you eyeing here? $CRK seems like a pure play nat gas play for Texas/Gulf Coast data centers.

[du @thedulab]

The right city for you is also the one that makes it effortless to enjoy doing random errands. Grabbing something from the store, getting a haircut, dropping off a package, anything maintenance coded that typically happens outside of your house

Don't like where you live, it's always a nuisance. Makes you feel like you don't have enough time in the day. You interpret it as a chore and try to find ways to optimize or avoid it altogether

Love where you live, it becomes a natural part of the flow of life. The trip to the store turns into somewhat of a meditative break from the chaos. The haircut is just an excuse to pick up some of your favorite foods from around the area. You're actually excited to cut through the park to get to the post office

The right city for you decreases mental friction. It makes your subconscious signal to you that being "out there" will give you better energy than being "in here"

[Ahmad @TheAhmadOsman]

> be me
> Larry Ellison
> own a database empire, a sailboat, and a disdain for poor people

> OpenAI wants to build AGI
> needs compute
> *a lot* of compute
> like “$300B GPU cluster in a volcano” levels of compute

> "Hello. I own Oracle Cloud. Also, I’m rich."
> sign $300B GPU hosting deal with OpenAI
> nothing ships. no GPUs installed. no fans spinning.

> Oracle stock: skyrockets to the moon
> my net worth: +$100B
> GPUs? still imaginary

> OpenAI raises a $1 TRILLION round
> yes, with a T
> investors lining up like it's a Taylor Swift concert

> I invest
> where’d I get the money?
> from the $300B deal *I signed with them*
> yes.

> OpenAI takes my $300B investment
> uses it to pay *me*
> for the GPU deal *I offered them*

> Oracle stock: skyrockets again
> I make another $100B
> invest it back into OpenAI

> round and round we go
> I pay me to pay me to invest in me to boost me to get paid by me

> call it a "strategic whatever"
> call it “AI innovation”
> call it what it is:
> infinite money glitch

> mfw i built a recursive economy where i am the only customer and vendor
> mfw GPUs are optional
> mfw capitalism is just a well-placed loop with exit liquidity

[rhett @neuspeculation]

@tbpn x Minted crossover

[Marcus Milione @MarcusMilione]

@tbpn can we make these the official shoe of the hosts