There is no universe in which we should own any part of these firms. It's not our job to legitimize their valuations or insure against their failure. Any % stake still translates to a 100% safety net for truly irresponsible actors.
This is my rough summary of the Dem AI/data center policy menu thus far (what am I missing?), will be interesting to see what prevails in 28
Wyden: Single-digit excise tax on data centers
Van Hollen: Require data centers to pay for transmission upgrades, build own energy infrastructure
Casar: Token tax on usage
Sanders/AOC: Data center moratorium
Sanders: 50% equity stakes in AI giants
Warren: Excise tax on energy used by data centers
Gallego: End tax breaks for data centers, require them to pay for rising energy costs
I've now added Wispr, Notion, Granola, Fireflies, Zoom, Gemini, Cluely, Otter, Fathom, Read AI, and Wingrep to every meeting.
Each produces slightly different meeting notes.
I send all of them to Claude and ChatGPT, which push the summaries into Slackbot and Salesforce AI. Linear agents automatically create tickets while Notion agents create follow-ups in Notion. A Zapier workflow then uses 500k tokens to draft a follow up email in Superhuman.
None of it works and all of it is wrong but man, is it beautiful.
AGI is here.
Amazing how the think tank types cheering for open-ended Iran War and its limitless costs suddenly become budget hawks when ordinary Americans complain about food prices
https://t.co/59q5MSpL0v
In June I asked El-Sayed about Rs potentially using his whole name (or the fact that his brother is named Osama) against him.
His answer:
“I hope that they will. Yeah, my name is Abdul. I’ll say the whole thing: Abdulrahman Muhammad El-Sayed, and I want you to have health care, because you know what? Chances are, you probably had a doctor you trust with a name like mine.”
To immediately focus on the general election is to miss the point — what @AbdulElSayed accomplished in this MI primary was historic. Winning his way against an establishment pulled all the stops, and a historic amount of outside spending.
Dem leadership plays Stevie Wonder at their own peril. They’re on the wrong side of a fundamental shift across their base
On @OutFrontCNN with @KateBolduan:
I’ll never get the massive resources that politicians & media invest in polling and the energy that others expend in social media fights about polling! Let’s just maybe try leading from some actual values and being close to the ground with real people.
These are some of the people who have been "moved" off of food assistance in the wake of the Republican reconciliation law's unprecedented SNAP cuts.
The immense hardship these families are now facing is not, in fact, "a pretty big win." https://t.co/DOCI3axDed
"Just like how extreme demand for materials and semiconductors has sent data center construction costs soaring, extreme demand for capital is pushing up interest rates."
https://t.co/roISuMyCRj
"The wealthiest 5 percent of households received nearly half—42.6 percent—of the Trump tax cuts, with the top 0.1 percent receiving an average tax cut of $193,380 in 2018"--Jean Ross
The Iran war is a redistribution machine: Big oil profits have shot up to historic highs. Our research shows that 50% of fossil fuel profits go to the richest 1% in the U.S. The rich are the ultimate beneficiaries of the war windfalls. The bottom 50% claim a mere 1% of profits while they are hit the hardest by the cost shock.
And that’s just the domestic economy. People in the Global South have been priced out of energy needs for months.
I swear there’s a whole subgenre now of math and Econ bois talking tough about the future and how nobody else is tough and smart enough to talk about the coming times. My brother it’s the only thing anyone talks about anymore. Go flex in a mirror or something.