Counterpoints/wrenches I can think of:
-the underclass will likely produce the culture that the overclass consumes, like they always have, and possibly moreso when they aren’t shoehorned into corpo jobs, and they have means to capture more value now without it leaking to LVMH for distro
-the ai/botics thesis that causes the underclass would also dramatically improve quality/price (otherwise wouldn’t materialize), likely changing consumption habits
-producers of slop goods like china likely continue to move upscale, maybe china-made is more like Japan-made soon
-maybe we’ve hit peak manufactured goods and we spend our slop dividends on slop experiences
@BobLoukas@Innerdevcrypto What do you think causes such regularity in the bottom-to-bottom cycles?
I find it super interesting that the market with the least “fundamentals” has been the best at “telling time”
Saw @lukeburgis post about this and working my way through. It's excellent.
Made something click about why Anthropic as "the good AI" feels off.
From T.S. Eliot:
"They constantly try to escape / From the darkness outside and within / By dreaming of systems so perfect that no one will need to be good."
and from Benedict XVI:
"Anyone who promises the better world that is guaranteed to last forever is making a false promise; he is overlooking human freedom ... If there were structures which could irrevocably guarantee a determined—good—state of the world, man's freedom would be denied, and hence they would not be good structures at all."
Almost everyone defaults with Anthropic to "they're trying" or "they're woke/communist", but as usual there's a middle-but-deeper way.
re: novel frontends > is the business model there just taking a fee? seems like there should be so much more experimentation with frontends they are almost all the same
new types of credit seem super promising. theres really no reason to not have destroyed the payday lending industry yet
possible that optimizing AI models for coding has ruined them for other more important things
been trying to use claude workflows to explore ideas, by basically setting up a creative director that prompts a bunch of interns in parallel. terrible results.