Nick Simmons

pricer of risk

[Nick Simmons @NickFSimmons]

@JimDMiller Do you recommend they still attend school? If you subtract what they find is fun and meaningful what practical degree-paths do you recommend to them?

[Nick Simmons @NickFSimmons]

@orrdavid Ultimately, given the power-law nature of the asset class, this is the exact type of thing that defines what it means to be a great venture capitalist

[Nick Simmons @NickFSimmons]

@ericzhu Congrats g

[Nick Simmons @NickFSimmons]

@TenreiroDaniel @zebulgar @foundersfund @EnduroSat “Thiel” is too much of an SEO sink for any publisher to give up using it

[Nick Simmons @NickFSimmons]

@willdepue I agree with both, I'm just saying that if you loose sight of the big picture (in whatever you are doing) you generally risk missing out on the magic of compounding

[Nick Simmons @NickFSimmons]

@willdepue the day you're concerned about making $10M is the day you're put out of contention for making $100M

capital returns to ambition scale non-linearly, optimizing for local maximums usually traps you there

[Nick Simmons @NickFSimmons]

yea and I anticipate any tech company that sets up shop in FL won't enforce non-compete bc they (startups) can't afford to pay garden leave the info-leakage is less so impactful to their business

tradfi. does bc 1) they can (everyone does it) 2) they have to (trade secrets are a bigger concern) 3) they can afford it (pay garden leave)

not saying is the catalyst for MIA being the next SF, just saying it doesn't seem like it categorically hurts tech

[Nick Simmons @NickFSimmons]

@GeoffLewisOrg what about God

[Nick Simmons @NickFSimmons]

@TenreiroDaniel proclamation is part of the process

[Nick Simmons @NickFSimmons]

(1) if under the control of paperclip maximizers, hard to rationalize why we exist in such a system (though, there could be reasons)

(2) this just gets back to the statistically unlikely idea that I was last talking about

(3) this seems to only be the case if we are the first civilization to create sufficiently intelligent AI

the universe is indeed big, but the only plausible reason I could see for the limitation of ASI proliferating across such (in our thought experiment) is

(1) a paperclip maximizing AGI is created
(2) at 'paperclip maximizing AGI', the intelligence still isn't smart enough to crack FTL (which is likely plausible even within the standard model (https://t.co/uGK3tEY6XA)
(3) paperclip maximizing AGI decides that creating an ASI (capable of cracking FTL) could stop it from accomplishing it's goal and focuses on goal optimization without intelligence improvement

this would be somewhat of a 'goldilocks zone' for paperclip maximizing AGI where it can locally (not universally) accomplish its goal, but it self-constrained in such

[Nick Simmons @NickFSimmons]

@JimDMiller @eternalism_4eva @Trotztd this suppositions that the first intelligent civilization was 'luckily' not paperclip maximizers

which seems to make the entire argument stand on statistically wobbly ground

[Nick Simmons @NickFSimmons]

@eastvillageguy What store?

[Nick Simmons @NickFSimmons]

@johncoogan Weren’t those the exact terms of the Wiz Series A

[Nick Simmons @NickFSimmons]

@CliffordSosin a business like this is a big beneficiary of such enablement - https://t.co/p4SRYqR2kz

[Nick Simmons @NickFSimmons]

@techbrospod @Jason @TaylorLorenz @theinformation i thought you were here to make money

[Nick Simmons @NickFSimmons]

@TenreiroDaniel tautologies are still an improvement in truth from where the media was

[Nick Simmons @NickFSimmons]

@ADoricko @johncoogan

[Nick Simmons @NickFSimmons]

@TenreiroDaniel agree this holds true for the long-tail, but the power law driving pods often offer greater authenticity in their content (e.g. the Acquired podcast on Rentech differed significantly from the book, Lex lets his guests, often authors, expand on ideas they only previously wrote on)