jmyeet

31 ms·

241.
by jmyeet 4mo ago
What happened? Tech companies became trillion dollar companies and tech founders became billionaires. As a trillion dollar company, you are a military contractor and are deeply invested in and intertwined with the American imperial project.
242.
by jmyeet 4mo ago
The definitions aren't muddled. Apartheid [1] and genocide [2] are both defined by the UN. Apartheid in particular is also objectively true. Do Israeli Arabs have the same rights as Jewish Israelis? No, objectively [3][4]. As for Pales
243.
by jmyeet 4mo ago
People really do get all up in their feelings on this issue and end up making emotional arguments based on anecdotes. Oprah Winfrey is an anecdote. Somebody's grandfather starting a business in an 8x8 shack is an anecdote. What isn&#x2
244.
by jmyeet 4mo ago
No, it's actually really simple. You start with these two questions: 1. Is Israel an apartheid state? 2. Is Israel committing a genocide? At this point (IMHO) you need to do some serious mental gymnastics not to answer "yes"
245.
by jmyeet 4mo ago
I couldn't disagree more. These are intermediation businesses, that is they've inserted themselves as an intermediary between customers and providers. Everybody hates those businesses, ultimately. Over time, profits tend to decrea
246.
by jmyeet 4mo ago
The CDC has a measles tracker that includes the number of annual cases since 1985 [1]. Measles was officially "eliminated" in the US in 2000. Technically it still has that status but outbreaks like this caused by low vaccination r
247.
by jmyeet 4mo ago
> Impressed at the commentary here, Me too, honestly. I'm also kind of shocked. I want to expand on your last point. Uber became a billion dollar business by running an illegal taxi service. Now I like the ability to book a taxi fro
248.
by jmyeet 4mo ago
> As the Wikipedia article states, the labour theory of value (LTV) was replaced by the theory of marginal utility in mainstream economics due to its major inconsistencies. "Mainstream economics" is doing a lot of heavy lifting
249.
by jmyeet 4mo ago
The idea that people don't want financial security or independence is absurd on its face. If you look at people who have founded billion dollar companies, you see that those people aren't a representative cross-section of society.
250.
by jmyeet 4mo ago
"Extract" here has two meanings: 1. Extracting from the market or the economy. It seems like (correct me if I'm wrong) this is what you're reading it as? Here you're generally exploiting what private equity calls &q
251.
by jmyeet 4mo ago
I don't think you appreciate the scale of the discount on market rates. If you've lived somewhere for 30+ years, you might be paying $400/month for something that would now be $8000/month. In NYC, they stopped giving out
252.
by jmyeet 4mo ago
From the abstract: > Over the nine months following the passage of rent control in St. Paul, Minnesota in 2021, average property values fell by 4.4% to 5.8%. Why is this bad? Pretty much every Western society has fallen into the trap of
253.
by jmyeet 4mo ago
I'll direct you to the Nat Turner rebellion [1]. Or the practice of "necklacing" in apartheid South AFrica [2]. Or the Mau Mau rebellion [3]. As Nelson Mandela put it [4]: > A freedom fighter learns the hard way that it is
254.
by jmyeet 4mo ago
Waste of time. Just buy a pardon [1][2][3][4][5]. [1]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps- ... [2]: https://www.newyorker.com/magazine/2026/05/04&#x
255.
by jmyeet 4mo ago
Selling spyware and 0days is a significant industry in Israel [1]. This includes Pegasus [2][3]. Countries around the world pay Israeli companies to hack the phones of politicians, opposition leaders, union leaders, journalists and basicall
256.
by jmyeet 4mo ago
Another prediction win for the Simpson's [1]. [1]: https://www.youtube.com/watch?v=Q8hDsIoEFYw
257.
by jmyeet 4mo ago
Saying "both sides" doesn't make you enlightened. It's either intellectual laziness or intentional dishonesty. I absolutely abhor "bothsidesism". One party is rounding up people and putting them into concentrat
258.
by jmyeet 4mo ago
So I've long said that the valuation of OpenAI at a trillion(ish) dollars depends on OpenAI "winning" and "owning" AI and there being a sufficient moat to stay ahead of competition. Without that, the company is wort
259.
by jmyeet 4mo ago
Waste of time. Just buy a pardon [1][2][3][4][5]. [1]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps-... [2]: https://apnews.com/article/nikola-trevor-milton-fraud-trum
260.
by jmyeet 4mo ago
This misses what happened entirely. What happened is that tech companies got so large that they are now essentially defense contractors. You can't both be a countercultural rebel, the kind who would evoke 1984 in a TV ad, and be a CEO
261.
by jmyeet 4mo ago
No, it's not just recipes. A lot of particularly American long-form journalism is writteh this way. So I just put this in Gemini: > write the first 6 paragraphs of an imaginary news article that starts with a one paragraph hook and
262.
by jmyeet 4mo ago
This is the real problem with performance reviews in companies, which then feeds into opportunities, promotions and compensation. It's just a popularity contest. And this is particularly harmful to people who are neurodivergent, partic
263.
by jmyeet 4mo ago
Obligatory Silicon Valley reference [1]. So this post is talking about at work but I think the principle goes well beyond that. Think of all the AI chatbots you have to deal with to get through to customer service at a company. Or get throu
264.
by jmyeet 4mo ago
Let's be honest. The only reason orbital data centers are a talking point at all is to justify the stratospheric SpaceX valuation for the IPO. There's literally no other reason. Everybody who knows anything about data centers un
265.
by jmyeet 4mo ago
You mean with the greatest wealth transfer to the wealthy in history that added a quarter to our entire national debt? Yeah, you can't do that often. The US national debt is about to hit $40 trillion. It was $20 trillion 9 years ago. W
266.
by jmyeet 4mo ago
Where do you think the term "rent-seeking" comes from? To quote Adam Smith [1]: > “As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed and d
267.
by jmyeet 4mo ago
Worse is coming and the markets seem to be in complete denial about it. Oil has only really maintained the ~$100/barrel price because of record SPR releases worldwide. Also, that $100 price is kinda fake because it's a future pric
268.
by jmyeet 4mo ago
The unemployment rate doesn't capture the scope of the issue. That's true in the US and Europe too. It doesn't capture people who are undermployed, locked into lower-paid positions, have to juggle multiple casual/part-ti
269.
by jmyeet 4mo ago
Japan's economic malaise is a big topic that's mostly driven now by a rapidly aging population. Why is it aging? Low fertility rates [1]. So why are fertility rates so low? It kind of started with the housing bubble in the 1980s t
270.
by jmyeet 4mo ago
So I've long had the theory that the primary cause of economic malaise is high housing prices. It makes labor more expensive. It makes everything more expensive. Treating houses as investments actually kills the economy. I recently cam

More ›