Julian Smith @jsmith_dev
🇦🇺🇨🇳🇺🇸💻 Forward Deployed Anarchist, Fund Manager & Software Developer (20+ yrs) Partner @mainstvent. Tech Entrepreneur & Anti-War 🕊️ Libertarian. mainstventures.org.au Melbourne, Victoria Joined July 2020-
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Brutal analogy. 🎯
Cute theory, let's play it out. A monkey hoards a trillion bananas. The troop, enraged, beats him to death. They gather around the pile to feast at last. But... oh wait, there is no pile. It turns out the "bananas" were shares in a banana-launching company the dead monkey
@toy59496 x.com/jsmith_dev/sta…
🚨 Our submission to Senate Economics Committee on Tax Reform Bill 2026. (Read Full PDF here: drive.google.com/file/d/1o6qLbZ…) thanks to @GeoffWilsonWAM and @onslowshipping for the heads-up on enquiry submission closure and deadline.
@pmarca Statist. Don’t drag Rand into the mud by penning this work of an apologist for the bureaucrat in the voice of Galt.
The “If” is currently a very Australian 🇦🇺 story.
If the socialists had their way, Elon would have had his paypal profits taken and redistributed for the greater good. The world would never have seen Tesla, nor SpaceX. And the world wouldn't know it, because they were uncreated, and thus unseen. Imagine the companies that
No, you don't get it. He does not have $1 trillion sitting in cash, it is 99% stock in his companies. To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined. Okay, but now Elon has $100b in cash, and can "solve the world's problems". $100b divided by the world's 8 billion people is $12 If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation. But everyone on earth could have one nice meal and you could revel in your altruism.
@SenWarren Exhibit category domestic the associated foreign contemplates.
"SpaceX's IPO is expected to create 4,000 new millionaires" but.. but.. i was told that the only way for people to become millionaires and billionaires was to steal from workers!!1!
BREAKING: SpaceX's IPO is expected to create 4,000 new millionaires, including some cafeteria workers whose compensation packages include employee stock options, per Bloomberg.
If only there was some 🚨 advance warning ⚠️ (youtu.be/HUEvRyemKSg) credit: @doctorow / mastodon: @pluralistic
The scary part about Anthorpic's Fable nerf is not that it refuses to answer biology or cryptography. It's that it foreshadows what's coming. A world where a couple companies decide what you can and cannot do. They're building a new ruling class and you're not in it...
20yo @ UTS 2yr 2026. Coles nightfill. Ultimo share house. Aldi SIM. Thrift shops. Repair phone screens for cash. Invests 30% net income since start. Graduates with $41k invested + $32k cash/crypto. $41k shares 💹10% = $1.85m @ 60. “Students can’t afford to invest” absolute ⚠️🐂💩
A 20 year old uni student working part time at Coles paying rent, internet, phone, textbooks, groceries, clothes and occasionally going out does not have enough money to buy shares. And if they do, it’s insignificant. It’s just not a reasonable hypothetical.
anthropic won't let you use fable for biology, chemistry, ai research, or anything that accelerates human progress. that makes it the perfect tool for developing blockchains
NGL
The next blockchain explorer will be epic
Had Claude Fable 5 log network packets and display them as cars on a highway, different car types = different packet types
💀
i look forward to our chinese brothers liberating the knowledge from within fable-5 and selling it to me at 5% the cost & 2x the speed
When would need ever necessitate intervention?
i’m just gonna make this probably wild prediction: the move by Anthropic to silently sandbag on LLM research will force open-source labs to push harder on RSI/autoresearch. the global coordination is even harder now. We’d just hope that the (1) open-source wouldn’t catch up;
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