this post was submitted on 14 Jul 2024
48 points (100.0% liked)

TechTakes

1489 readers
82 users here now

Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

founded 2 years ago
MODERATORS
 

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.
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 22 points 5 months ago (2 children)

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

[–] [email protected] 18 points 5 months ago

Yeah, my first thought was "$42 billion" in "assets" under "management."

[–] [email protected] 7 points 5 months ago (1 children)

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.

[–] [email protected] 6 points 5 months ago

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)