"Meaning is found in doing things that are important, that otherwise wouldn't get done." Peter Thiel
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wow, very good.
On my way to the office this morning, I passed a group of young people protesting, a Palestinian flag draped over their shoulders. And I asked myself a question I can't shake: why does this generation always fall into the same trap? No matter the history. No matter the context. Even the ones from wealthy families, who went to the best schools, who were dealt every good card. Always the same trap. I don't think it's stupidity. I think it's a mechanism. And a mechanism can be taken apart, piece by piece. A. The observation: everything the state touches becomes unaffordable. Look at economist Mark Perry's famous chart, the one people call "the chart of the century." It tracks US prices since 2000. At the top, what explodes: hospital services, college tuition, textbooks, childcare, housing. Increases of +100%, +150%, up to +250%, far above general inflation. At the bottom, what collapses: TVs, software, phones, toys, clothing. A TV today costs a fraction of what it did in 2000, for an infinitely better product. Look at what separates the two groups. It isn't technology. It isn't complexity. It's one variable: how much the state is involved. At the top, sectors that are subsidized, regulated, shielded from competition, where the state funds demand and blocks supply. At the bottom, sectors where companies fight every single morning to serve you better and cheaper. B. The mechanism: why it's systematic. When the state subsidizes demand without freeing supply, prices rise. Every time. Guaranteed student loans, and universities raise tuition. Housing aid plus blocked building permits, and rents skyrocket. Administered healthcare, and bureaucracy eats the budget before it ever reaches the patient. In France it's even more vicious, because the price doesn't disappear: it hides. You never see the hospital bill, you pay it through payroll contributions. You never see the cost of school, you pay it through taxes. Public spending at 57% of GDP, one of the heaviest tax burdens in the world, more than €3.4 trillion in debt. And the result? Overflowing ERs, falling PISA scores, young people who can't afford to live in the city where they work. The market didn't fail in these sectors. It was never allowed in. C. Suffering demands a culprit. A 22-year-old lives all of this in their bones. They can't find a place to live. Their degree either buries them in debt or opens no doors. The future feels blocked. That suffering is real, and I don't deny it for a second. But human beings can't stand suffering without a culprit. They need a face. A scapegoat. And this is where everything is decided: who taught them how to read the world? D. Whoever tells the story picks the villain. Schools are public. Universities are public. Culture runs on grants. Film goes through funding committees. Public broadcasting shapes the narratives. The people handing down the interpretive framework are, overwhelmingly, paid by the very system that creates the problem. Do you really think that system is going to name itself as the culprit? No. It names the capitalist. The boss. The landlord. "The rich." The multinational. The commercial West. Same role, same casting, every time. E. One lens, a thousand causes. And this brings me back to that flag. A generation taught to read every situation through a single lens, oppressor on one side, rich, Western, capitalist, oppressed on the other, will apply that lens everywhere. To housing. To climate. To conflicts on the other side of the world. The cause changes, the lens stays. That's why the trap is always the same: it's not the cause that draws them in, it's the way of thinking that was installed in them. F. The perfect inversion. Here's the irony. Capitalism is the force that drove down the price of almost everything it touched. The state is the force that blew up the price of almost everything it captured. And young people blame the first for the crimes of the second. It's like blaming the firefighter for the fire because you saw him at the scene. G. The ballot box confirms it. In the US, a few weeks out from the midterms, a large share of urban young voters is getting ready to vote Democrat for more state, more spending, more regulation. New York elected a self-described socialist mayor, carried by young voters, on promises of rent freezes and city-run grocery stores. Rent freezes, the policy that has made housing scarcer everywhere it's been tried. The cure that worsens the disease. In France, it's the same play in two acts. Part of the youth votes for the radical left, which promises more state. Another part votes for the center, which promises to "manage" the state well, and has dug the debt deeper than ever. Two different ballots, one shared assumption: the problem is the market, the solution is the state. H. The way out. These young people aren't stupid. They're right to be angry. They're just aiming at the wrong target. The day they understand that their rent, their tuition and their hospital are expensive precisely because the state runs them, their anger will change direction. They'll stop protesting against those who create. They'll start protesting against those who capture. That day, the greatest intellectual scam of our time will be over.
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Finally watched Odyssey the movie today. My first in-theatre movie in over 1.5 year. Thoughts: 1) Didn't know that it was a Pirate of the Caribbean's kind of fantasy. I thought it was true-to-the-original kind of movie. 2) Surely the witches scene is inspired from Spirited Away. 3) Christopher Nolan never disappoint.
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It took me a good 5mins to find out which tab plays that sound and closed it. After I closed half the tab opened. wtf. No one is solving this problem?
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Potential client: Sorry we are too busy (doing manual work) and don’t have time to see your demo (more efficient method). Me thinking: Isn’t it exactly why you should make time to see my demo?
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**User only use manual entry** Me resisting the urge to give free credits to try our AI function.
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Kind reminder.
Every human testicle tested in a 2024 study had microplastics in it. The concentrations were 3x higher than in the dog testicles tested for comparison. Average concentration was 328 micrograms per gram of tissue. It was mostly polyethylene (ie. grocery bags, plastic wrap, food packaging). Sperm concentration in Western men dropped more than 50% between 1973 and 2011. Testosterone in young men today is 20% lower than it was in young men of the late 1990s. Microplastics don't just sit there. They create oxidative stress inside the sperm cells and inflame the tissue they lodge in. So men, please: - Filter your drinking water - Stop drinking out of plastic bottles - Never heat food in plastic - Switch to glass storage (or ask your wife to) - Avoid canned foods (the lining is plastic) - Wear natural fabrics (esp underwear)
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Prediction: LLM will create words, phrases that is missing from the current English (or any languages) that will improve the language by making it higher resolution. And human will need to learn it.
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Oh wow. That's crazy. This is my first time to see this side of the story.
Adam Back and Blockstream controversies continue to mount. Researcher NatInfoSec has been posting about this for months. Give this a read if you're interested in Adam Back, Bitcoin, BSTR and the Liquid Network natinfosec.substack.com/p/fr…
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Very true. Per Elon, it's a mental straight jacket. The top performers never doubt why the question in the first place. They just do their best to answer it.
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User: "We want to lean into the AI trend so we have chose to use your product." 3 months passed and they only use the free manual function. Not the paid AI function.
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This charge is old school and unsustainable. So over 250 transaction and you need to pay more? Imagine you can only use Google Sheet for 100 rows, they'll charge you from the 101th row. That's crazy.
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