Based on their current trajectories…
The Milei/Bukele model will bring sweeping prosperity to South America, while Europe declines into the third world.
The Silicon Valley I came to in 2016 -- once a low-status refuge for weirdos, naive tinkerers, and missionaries -- has been overrun by input-maxxing Kumon striver types.
Company-building for this class of “entrepreneurs” is an exercise in performative escalations between startups touting their inputs: who can burn the most tokens, who can work the most hours, who can get the most views on an over-produced launch video.
This is why even “ARR,” which should be (and once was) an output of an excellent product and sales engine, has become a noisy, somewhat fake input -- into a machine designed to capture the zeitgeist for 15 minutes, dupe VCs, and maximize fundamentals-agnostic capital flows into a business. Actual company-building is a sideshow for the “cracked” YC-backed founder-striver.
When you talk to many of these people, they have no idea why they’re building what they’re building in the same way that a 16 year old doesn’t really know why he joined 12 clubs or took 15 AP classes -- only that they desperately want to maximize their visible, measurable inputs, tell you about it, and collect their gold star.
It’s easy to place the blame on YC, and they surely deserve plenty of it, but YC’s turn towards performative, low-stakes, incrementalist entrepreneurship is really just another symptom of the broader problems plaguing Silicon Valley: the inevitability of industry maturation and the playbook-ization of startups, demographic change, financial nihilism downstream of bad policy and psychopathic rhetoric coming from some leaders, etc.
The real progress being made amidst all of this is astounding, but the increasingly absurd shenanigans won’t stop until the culture punishes bad behavior and we prosecute, literally, some of the criminals running these companies.
@Jakeronthia_ Ciao Jake. In crypto dal inizio. Non sono italiano ma ho vissuto in Italia on and off da piccolo. Adesso vivo a Spoleto, lontano da qualunque comunità crypto. L’anno prossimo mi trasferisco a Roma. Forse meglio.
The next shift in crypto data isn't faster indexing or better APIs, it's intent-aware infrastructure, i.e., systems that understand what agents need and adapt to those needs.
Read more: https://t.co/pg6kbIm8MW
Guess I’ll say the quiet part out loud
Bankless apparently laid off a majority of the team yesterday
No thank you or public announcement to help team find new homes
Just David tweeting about how he’s selling ETH and Ryan talking about himself
Come on guys
RESTful APIs may be dead soon. Instead, web services may expose a single POST entry point for a prompt. Internally, an AI agent may decide how to interpret it and what to do with the data and the database.
References to The Thucydides Trap are premature. The US is still rising and has a long way to go. Since the 60s it’s been psyoped into slowing down. But now that Americans have a more global perspective (thank you Internet) they’re recognizing the psyop in big enough numbers to matter.
It’s amusing that China is piling on with this reference. Almost embarrassing. The Chinese understands the arc of empires better than anyone. They know it’s not over.
@kaledora When I worked on Wall Street I was able to recruit the best engineers because I got the head of the desk to agree that they didn’t have to wear ties. 😭
Composability won once when we applied it to tools. Small pieces, combining in ways their designers never planned for. It is about to win again with data, and matters most in fragmented domains like blockchain.
https://t.co/3UjQZN73Un