Category: Internet Culture

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Chronicle Internet Culture

Day 77 and Bedtimes

As a dedicated shitposter I have got to learn to keep the takes to myself after 9pm. It’s feels like I’ve been following gossip about the perennial “platform versus editorial” since I was a toddler (in reality maybe since I was in college) so every time a new chapter unfolds I lap it up. Mostly because I’m a sucker for media gossip and this is a personal favorite.

Last night after my bed time I starting reading more Substack hot takes (if you aren’t following people are worked up about a program called Substack Pro and what opinion writers are or are not being paid by the startup) and decided to be a dork and say shit even though I knew I’d regret it. Not the shitposting itself to be clear, I never regret a take, I just regret doing it when I should be asleep. Two hours later I’m way too worked up to sleep. Twitter is a lot of fun and I’m a high energy kind of person. Despite me being dedicated to my healthy routines I ended up not sleeping till midnight and then got woken up at 530am. So I’m a bit of walking nightmare today as I’m really too old for late night goofing off even if it’s just on the internet and not a nightclub (remember those?).

So if you see me goofing off on social media after 9pm please tell me to go to bed. Do not encourage me. Don’t feed the trolls. And by trolls I mean me

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Chronicle Finance Internet Culture

Day 74 and Unfinished Thoughts

First off I’ll admit that I don’t really feel like writing today but I’ve committed to “putting pen to paper” every day so I’m stuck with it. I have a dozen topics I actually want to discuss but I don’t feel like I’ve got it in me to be coherent.

I’ve been thinking about how the idea that all property rights are a gradient from violence to grift to institutional legitimacy and this is just how civilization codifies worth. I’m particularly interested in it because we’ve reached the NFT is a grift stage of the discourse but I’m not at all convinced that NFTs are a grift for the reasons people think.

And while I’ve made really elaborate jokes about NFTs, finance, crypto and semiotics with illegal.auction I’ve noticed people with vested interests in this category working out, really don’t want anyone to joke about it. It’s likely wise as we all have varying degrees of horror that property rights is always some degree of grift working towards legitimacy.

That we don’t like to touch on it amuses me. I suspect that the internal logic of wealth and money as always being abstraction guarded by state violence is just too much for folks. It hurts too much. It makes us angry. Surely money, wealth and inherent worth must exist in a moral framework? Good hard working people are rewarded with wealth right? If you want a truly excellent read on the subject of property rights, violence and investing I recommend this essay on emerging market investing and Deadwood by Ben Hunt at Epsilon Theory

Another topic I also want to dig into is environmental impact of crypto and energy equity but I don’t think I’ve got all the facts. I’m still very much in a skeptic phase when it comes to moralizing over the energy usage of crypto. As if crypto brought about the carbon apocalypse on its own.

I’m sure “crypto used a lot of energy” is a valid criticism until you remember we subsidize monsoon crops in deserts (they grow rice in California ffs) and we ship plastic trinkets across the globe while a plutocratic elite consumes the majority of our resources. Maybe moralizing about impact should come with some caveats on how many lives it might improve? I haven’t seen much discourse on this topic as American media leans towards a generic tech skepticism stance at the moment which is making them lean in on attacks as it’s the wrong people who are pushing the crypto agenda. But we deserve more than “environmental impact bad” like maybe it’s a net good to use this energy to decentralize finance?

By allowing the global south and the unbanked to have access to capital instruments we actually discover this is the best use of our energy resources and may distribute wealth more equitably. I don’t know yet and I’m not even confident I can find relevant statistics that won’t overstate one tribal position over the other.

At any rate none of these thoughts are coherent or useful yet but I’m thinking about how we codify wealth and property and what energy usages might be valuable for a more equitable planet. Don’t cancel me please.

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Chronicle Internet Culture Preparedness

Day 73 and Trutherism

A significant snowstorm has hit the front range of Colorado. In downtown Boulder it looks like we have about two feet of very dense wet snow accumulated at 4pm Mountain Time.

It however came about 36 hours later than predicted. And this has caused significant consternation. A good chunk of social media in Colorado yesterday turned into “snow truthers” dunking on meteorological work being a scam. Some folks made weed jokes. The National Weather Service even took time to scold the skeptics.

Even a slight miscalculation in timing seemed to break trust as it looked like the hype wouldn’t match the reality for a day. This despite the storm arriving with exactly the quantity predicted and blizzard conditions that closed the major freeways including I-25 and I-70.

I couldn’t help but notice the similarities between the skepticism of meteorology and the current distaste for the epidemiology profession. The tone was distinctly similar to culture warrior angst about how scientists continue to get forecasting wrong. And yes getting it wrong is to the detriment of freedom and business. Except that in both this storms case and with Covid19 it’s been directionally correct. The impacts of policy has been the issue but not the direction of the data.

I’m not the first to worry about people bloc distrust of institutions and their information. I engage in plenty of skepticism on a range of issues from medicine to monetary policy. But no longer trusting basic information on timing, duration and impact no matter what the field because “the powers that be” are always inherently untrustworthy is getting to be exhausting. This is going to cost us lives as we begin to distrust even the banal and easily verifiable.

Public policy isn’t the same thing as public forecasting and we’ve lost sight of that. We should always be updating models and assessing impact. It just seems like a shame that we’ve decided any error in predictive work now negates the entire body of work.

The storm came in Colorado. It was a little late. Covid was a global epidemic. I guess the only upside is that it’s a little harder to dismiss two feet of snow. Truthers eventually got snowed in just like the rest of us. We’ve already seen the consequences of not having the evidence right in your face with covid. Whole portions of the population have split out their realities. The chaos of complete institutional distrust will come to be a defining feature of the next decade. I don’t have a clue how we get it back.

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Chronicle Internet Culture Startups

Day 72 and Isolation

I’m an introvert. I do not draw energy from crowds or socializing. My energy comes from within. I like to socialize with individuals, in fact I enjoy one on one conversations quite a bit, but can easily be overstimulated by them and require a quiet period afterwards. Engagement with others draws down on my energy whereas with extroverts that engagement sustains and builds their energy. If you are curious about this framework visit the work of Carl Jung.

Despite the skill set being heavily weighted towards people skills, I suspect leaders in startup land tend to lean towards introvert. My suspicion is that it is a function of the heavily generative nature of the work, you are bringing something from nothing. To be able to consistently bring something new about you need quiet mindful time to yourself.

Sadly society, particularly professional society, is weighted for extroverts.

Open office plans, meetings, collaboration and buy in, managing up and down, all assume that that extroverted behaviors are the default positive positions for a team. Add in after office cocktails, team dinners and off site events and you start to see a pattern that privilege people for whom social interaction is enjoyable (not even considering if it’s possible or a family strain like parents).

Modern work is a battle between extroverts and introverts and the extroverts have definitely won. Which is weird as despite the Jungian tradition it may turn out that ambiverts, balanced personalities who exhibit both traits, are actually the largest group.

I’ve always loathed conferences as it depleted my energy stores for at best dubious content benefits. During the pandemic I’ve been much more willing to engage with events as instead of arranging for transit, getting polished for a professional environment, moving my productive work hours around the event, I can simply show up and learn. It’s miraculous and frankly I’m sad so many people want to move on from these accessible events as it probably means I’ll drop attendance entirely. I can say yes to a lot more if the accessibility of an event remains geared toward remote, introvert and disabled. You don’t have to be any of those things to prefer it either. Maybe you have kids and appreciate participating in the culture all those child free extroverted wealthy twenty somethings enjoyed all this time.

I’m afraid that post pandemic the extroverts will win work culture norms again. Even though we are all sick of the over scheduling and the exhausting nature of office and event culture, we miss it a little. And the boomerang back is likely to make it seem more appealing than ever. But I can’t shake the feeling that the pandemic is a bit like a societal hypochondria moment. We needed to be sick to heal our culture. Prioritizing one kind of person and their needs (the extrovert) has led to all kinds of inequalities and tensions. I hope we can come back with a little more respect for the culture and desires of introverts. I know I’ll be coming out swinging for more balance.

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Chronicle Internet Culture

Day 69 and Nice

Memes are the folklore of the digital era They lack narrative arcs in and of themselves, but their accretive nature means they contain in-jokes and stories for the communities that build them. And sometimes their simplicity is the key.

I find myself talking quite a bit about memes, virality, shitposters and internet culture a lot here in my daily writing experiment. So it’s not surprising that on day 69 of writing all I can think of is … nice. It’s big accomplishment to do anything 69 days in a row. It’s definitely nice.

Know your meme has a pretty extensive history of 69ing in general but it’s the additional layer of responding “nice” to the number divorced of any context that I particularly like. Any time a the number 69 is posted online virtually any comments section will have at least one lone “nice” to illicit (hehehe wrong elicit but it’s nice).

I learned today that one of the earliest mass documentation of using “nice” to respond to 69 was a Tweet from President Obama encouraging confirmation of Merrick Garland as a Supreme Court Justice as 69% of Americans favored it. The internet went nuts.

Because coincidence, symbols and personal meaning collide, I enjoy that on my 69th day Merrick Garland got confirmed for the attorney general gig instead. You can read meaning into anything on the internet. Nice right?

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Chronicle Internet Culture

Day 67 and Virality

There are few more satisfying feelings in the world than seeing your emotions mirrored back to you. It’s what makes us fall in love, form communities, build anything that takes the work of more than one person. I’m not sure that anything matters more to humans than feeling seen.

Feeling seen is valuable. Finance knows it, marketers know it, fashion designers know it and the algorithms really know it. A switch flips when the outside world mirrors us back. The cold reality of being atomistic individuals dissolves just a little with the prospect that the other might not be so far away after all

This is why going viral on social media is such an ecstatic feeling for people. Being mirrored at mass scale is beyond pleasure and pain. Virality is existential. This fact is not lost on Silicon Valley and various expatriates of the culture and even current citizens question the morality. Creating virtual existential experiences feels wrong to us. And I can’t argue that the consequences of virality hasn’t done significant damage to the fabric of civilization. Facebook has more blood on its hands than a small government. But I’m not sold that synthetic experiences are morally worth less than natural ones. Social media replicates religious and cultural experiences but whether it’s “worse” than the other existential experiences is a bit like questioning if opium or fentanyl is worse because plants are morally superior to chemistry labs. The effect is the same more or less. Sure the dosing is what gets you but arguing scale gets you into a “good of the many or good of the one” debates and I’m not the crew of the Enterprise or Spock.

I can tell you that it’s probably best to be cautious about anything that can get you hooked if you know you are an addict. I’ve gone viral on Twitter several times in the past week and probably going on double digits now in the last year. Each time I get a new appreciation for how much it can feel like a god has messed with your reality. If it goes poorly you feel like you got hit by a bolt from the blue. Even if it goes well you worry if maybe Aries has decided to make you his tool. I’m a Christian so I’m no stranger to the feeling of surrender to a higher power, but watching a machine algorithm play like the left hand of God in your life is fucking weird.

By Silicon Valley standards I’m a minor clerical authority in some backwater. I’ve been initiated into the rights but I’m not close to the Vatican or Mecca. Being swept up in the miracle of virality makes some amount of sense to me and I appreciate the benefits of status that it confers. But I know it’s a ritualized way of bringing us closer to the divine that’s not about the individual and is ultimately about the institution. Fortunately I’m also a Calvinist so I have very few illusions about my place in the experience. I’m still a sinner and whether I’m damned or not hasn’t got much to do with human rituals. But I’m not immune to the awesome either.

So if you are inclined to use social media be careful what weight you assign to your actions and words. At any moment a miracle facilitated by the rites of machines can and will occur. I made a stupid joke about a monarchy in decline and a television show about a witch in a massive universe of superheroes. But 31,000 accounts decided to like it and a million discrete instances of it were produced to “others” willing to mirror it back to me. Which is about as stupid a thing as I can imagine happening and also as close to the random miraculously nature of God as I can possibly imagine. Just don’t read too much into it or your faith might have an existential crisis as well.

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Chronicle Internet Culture

Day 65 and Shitposting

Being emotionally vulnerable in public is one of best things I’ve ever done in my life. The second best is easily shitposting.

If you are not extremely online (how did you get here) shitposting is the deliberate act of soliciting a response online. It’s traditionally used as a lower effort way to shape engagement and discourse. Partially because social media has made sharing opinions so easy, the act of crafting a nuanced argument and presenting it to an interested audience has become equally weighted to attracting supporters and advocates.

This isn’t as terrible as it sounds. Audiences can be built by anyone now. Shitposting allows creators who have a firm grasp on concise and comprehensible language to get across their point to anyone. Rather than suffering through pontification by elevated voices protected by institutional gatekeepers, we can hear bursts of truthful hilarity from nobodies. Think of it as somewhere between “the emperor has no clothes” and “from the mouth of babes.”

Having a firm grasp of the shitpost has elevated my voice in a way I’m not sure any amount of power or prestige could have done. Sure on the internet no one knows you are a dog but also don’t know you are a woman either (avatars aside). Quick bursts of wit can penetrate in a way that centuries of systemic bias simply can’t do.

The shitpost is always provocative but generally the best ones are in service to an obvious truth. This is culturally a part of meme sharing. Memes gain traction because they are immediately comprehensible despite containing layers and layers of deep context. In this way they resemble our richest multimedia experiences. It isn’t quite “a picture is worth a thousand words” because shitposta can often be Tweets but there is something to the truth that descriptors and adjectives just can’t reach. Meme and shitposts are often quite funny as humor is the fastest way to be legible to a large audience. But it isn’t necessarily a prerequisite.

Shitposting is also inherently anti-authority. It makes no calls to justice or power. It implodes sacred cows. I suspect one of the reasons I don’t believe in cancel-culture as a massive threat is because any anonymous asshole can put out the fever of a mob.

I highly recommend doing more Shitposting. Start in your private chats if you aren’t brave enough to do it on named profiles. Or create an anonymous account. Just start getting your truest stupidest thoughts out there. You won’t regret it.

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Aesthetics Chronicle Finance Internet Culture Media Startups

Day 62 And Who Can Make Art

My ego dislikes debate, but my heart leaps at tension.

Over the weekend, my friend Phil and I decided to make a functional art installation called Illegal.Auction. The premise is simple: we are selling Fungible Tokens (or NFTs) of Culture. 

Unsettled ideas of generation and representations colliding with abstractions like finance are important issues both culturally and practically.

Art is for itself, so who cares either way. A certain dogmatic insistence that “medium is the message” is pervasive in the critiques. Are movies different than books? I don’t think they have anything to do with the price of milk. It reminds me of the classic Annie Hall scene (speaking of artistic intent and harm) where Marshal McLuhan explodes on a chattering group “you know nothing of my work.” Woody Allen’s character concludes the scene if only real life were like this. Well on Twitter you can recreate this scene everyday!

It is funny because commentary is distinct from creation. And a lot of people have takes on McLuhan that he himself doesn’t agree with. But who cares right? Interpretation of art is ostensibly art.

It’s very interesting to see just how angry people get about the worth and value of culture in particular. As if it’s some monstrosity to comment on the abstract financial value of some creation with worth that cannot be extracted.

If it were so easy to make value judgments about art then we would trade it on the Chicago exchange like pork bellies and orange juice. Not that we don’t already sell art and trade it and frankly it has been a massive tension through the history of human creation how we value that work, but now many have decided to insist that art is non-fungible. Not interchangeable on a one to one basis like an apple. And yet we are acting like everything can be valued and traded so easily with NFTs. By making art tradeable on exchanges, we have made some thing inherently non-fungible, fungible.

This is ultimately where Illegal.Auction came from. These conversations are important and transformative. That we choose to represent the tensions with representations of reproductions of jpgs of art is part of the art installation. That it is a functional sale is in inherent to the tension.

There is a part of me that is really worried that because I am not a practicing artist that is paid for work or represented in a gallery, that I don’t have a right to comment on these issues. I am a technologist and I do work in finance and the overlap of disciplines makes this an inter-disciplinary question in my mind. It seems like some people disagree with my right to create art (and certainly the morality of remuneration).

But if we insist that only artists can make art I don’t have any right to make installations remixing software and representations. But I’m not sure anyone reading this is comfortable with that world. I am not.

I think people want there to be simple yes no questions to these things. Is it legal? Did you steal? Is it a transformative remixing of a cultural artifact? Is it worth $1 million? And the truth is is that there is no easy answer to what political system is best or how much some thing is worth. Trillion dollar industries are based around the fact that we don’t have clear answers. Irate commentary doesn’t help any of us understand the infinite questions of worth and creation. It is good to do and helps further understanding but its crucial to remember indignation and moralizing is a function of ego.

Personally I don’t think that wealth has any moral value. I don’t want to have to be wealthy in order to be valuable. Or if a piece of art I make does make money do you have a right to tell me it is objectionable because this isn’t how you make money? I guess you do. Whether you can stop me from doing it is a central questions for the ages and also literally why it is important to create pieces like Illegal.Auction in the first place.

This commentary I think is worth having. Not whether speculative infinite land grabs with financial instruments make you worth more to billionaires. They probably do. That’s fine! I think people are mostly offended by the idea that non-artists can make art. Especially if a transaction takes place. If we had stamped illegal on the jpgs and blocked out NOT ART on them would it have made it better? Conceptually I’m not sure that that’s true and probably reflects the viewer’s own sense of value and worth more than a legal, political or moral reality. Also I personally think it cheapens the point just to make concessions to dogmatic insistence on ownership in a space that isn’t settled because frankly it cannot be.

Much of the narrative and coverage around NFTs is that they delineate ownership, value and origination more cleanly. I’d argue that they are actually having the opposite effect. NFT’s are ripping away edifice and abstractions that we use to assign value and worth. And that makes people uncomfortable.

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Finance Internet Culture

Day 61 and The Semiotics of Ownership

I wrote a lot today. Like a LOT. Over the weekend my dear friend and erstwhile cofounder decided to make an interactive art installation to explore our interest in non-fungible tokens. We’ve been watching the explosion of interest in digital art, sports memorabilia, and tickets. We had a lot of questions about how value is created, traded and ultimately decided.

We typically learn best by building and doing so we thought rather than get mired in spammy YouTube tutorials and long essays we would build our own minimum bid auction for a set of NFTs. Phil Leif thought a funny domain would be illegal.auction and we were off to the races.

We both share a love for Matt Levine and his running gag that everything is securities fraud. This leads to lots of funny discussions about reprehensible behavior that is totally legal and perfectly fine decisions that somehow end up being felonies. The American financial system!

It turns out that it’s relatively simple for a developer or even someone nominally technical to mint an NFT using platforms like rarible. Putting together our own site was the same basic stack you’d expect for a simple web app that sells e-commerce things. We thought a web 1 Craigslist aesthetic fit the bill.

The last step was what on earth would we sell. Too many jokes have been made a lot bad art, dumb art and meme art. In fact, the entire concept of art seemed less interesting than a discussion of what constitutes art and how removed we are from the source of creation in a financialization scenario where something that is supposedly unique is made fungible. So we thought screw it, this is clearly a meditation on art, representation and the semiotics of value. So why not go all in on the satire? Why not ask why finance is so keep to manufacture another esoteric asset class with some technically novel structure. Is this good? Is it bad? Who knows. We aren’t even sure if it is a “thing” or not the further you remove it from reality. It’s just all so abstract.

This the first unsanctioned sale of art representations was born. Featuring a diverse selection of copies of contemporary and street art for new and seasoned collectors alike. The sale includes unauthorized digital images.

We went pretty far down the semiotics rabbit hole in our artists statement.

The auction works. You can buy representations of art thanks to a non-fungible token. The token is legitimate and shows just how early you got in on this. And it’s pretty darn funny. Except for all the people who have some ideas about IP law. Even though it’s pretty clear we mean this as satire and they should really jump into the discourse on what it means to own a unique item that has been reduced to a hash on a blockchain. Financialization gets pretty weird and we would all benefit from a discussion of the cultural foundations of ownership.

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Internet Culture Startups

Day 59 and Throwaway Days

The worst part of being in your thirties is no one tells you that won’t be able to sleep past 7am.

So this morning, right after sunrise, I’m plotting all the ways I’ll get to work on new projects today. Never waste a good Sunday. As if time has any meaning in the pandemic.

Here I am sliding back into workaholic ways, excited by the pace of change. But then you are reminded that routines and nutrition and supplements need to be done. So the tension between the allure of work and the practicality of needing to care for your body split. So I stop to mix a supplement smoothie and take some stuff. Then the sun is out so a hike up the front range trail is a must. Nutrition and exercise keeping the tension in check.

Maybe somedays it is ok to prioritize the long haul. The body that need to be strong for the next big shifts. That chaos is coming at us so fast a firm anchor for mind is a must. Techno-progressives need to believe in the positive outcome because we must cheerlead for a better future.

It’s nice to feel like even on throwaway days, you can cheer for all the outcomes