so Andreessen Horowitz posted another manifesto just over a week ago and it’s the most banal fash shit you can imagine:
Regulatory agencies have been green lit to use brute force investigations, prosecutions, intimidation, and threats to hobble new industries, such as Blockchain.
Regulatory agencies are being green lit in real time to do the same to Artificial Intelligence.
does this shit ever get deeper than Regulation Bad? fuck no it doesn’t. is this Horowitz’s attempt to capitalize on the Supreme Court’s judiciary coup? you fucking bet.
here’s some more banal shit:
We find there are three kinds of politicians:
Those who support Little Tech. We support them.
Those who oppose Little Tech. We oppose them.
Those who are somewhere in the middle – they want to be supportive, but they have concerns. We work with them in good faith.
I find there are three kinds of politicians:
- those who want hamburger. I give them hamburger.
- those who abstain from hamburger. I do not give them hamburger.
- those who have questions about hamburger. I refer them to the shift supervisor in good faith.
“The time has come to stand up for Little Tech” —venture capital firm with $42 billion in assets under management
tbf how much of that is real money and how much of that is overhyped stock, cookie cutter shitcoins, and other SV innovation in financial crimes
On the other hand, by the time you’re spelling billion with a “B” any appreciable fraction of that is still going to be enough money to functionally remove you from the normal economy. Too big to fail in that even if all the bullshit collapses they’d still probably have more money than God.
if you can cut it down by 4 orders of magnitude, maybe less depending on his spending rate, he’ll spend all of it before he dies, all on his own (i vaguely remember that people in the west spend something like $4M over their entire lives)
Yeah, my first thought was “$42 billion” in “assets” under “management.”