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Chronicle Internet Culture

Day 30 and Aesthetic Signals

I’ve been chewing on an investment thesis for a bit.

Any of the angel investing I’ve done has mapped back to some very obvious principles in hindsight, and while I’m not quite ready to put it all out there, I’ve been doing the work to formalize it. I even bought the domain chaotic.capital.

I bring all this up because I’ve been thinking a lot about how aesthetics layer up to telegraph intellectual principles as part of my thesis work. One of the directions I’d like to consider is frustratingly expensive. In most established upper or hipster class aesthetic trends, the difference between being top half and top decile is probably the matter of only a few thousand dollars and working with someone who has taste.

The difference between top 10% and top 1%? At least a hundred grand. To really be world class takes millions.

We like to think that style doesn’t cost a whole lot of money. We give lip service to taste as an intrinsic talent. But it’s closer to being a skill developed through work and study. The people that make culture for a living have an eye for the granular details that make an aesthetic coherent. They can spot the third derivative inspired byproduct at a glance, and give its genesis to you step by step. They don’t do this to be snobs necessarily (which those who are insecure in their tastes tend to think) but simply because they cannot unsee their own aesthetic insights.

The downside to taste being partially a function of study is that if you want to adopt an aesthetic that has history, you can’t really half ass it.

This inexorably leads to new aesthetics arising and evolving simply because those with some study know they cannot afford to pursue an established aesthetic. If they did pursue something with lineage and no budget, they would need to bring an order of magnitude more taste to the whole affair. Now this doesn’t matter if you are middle of the pack. A spit and polish will do you good. But if you want to go from top ten to top one you need to invest the money and talent to get that order of magnitude.

And if you can’t? Well you probably need to pick a fresh aesthetic direction less burdened by history. Harder to pick it apart by showing it’s full lineage for one. But more crucially it gives you the space to build your own.

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Chronicle Finance Internet Culture Preparedness

Day 28 and Limbic Memory

Today I want to talk about how this past year has set in motion the next hundred years of human imagination. Yes, I think it’s that important.

Mental elasticity is an incredible thing. We humans learn quickly and have a seemingly endless capacity to adapt to impossible things once we’ve wrapped our minds around it. Sadly though, forgetting doesn’t come as naturally to us as learning. Once we’ve seen the impossible happen, we never forget. Instead of storing miracles and crisis in the front of our minds like new knowledge, to be reinterpreted as new and possibly ephemeral, it goes right to our limbic back brain.

The limbic system is set in the deep structure of the brain where it regulates autonomic or endocrine function in response to emotional stimuli. It’s part of our survival response encoding. Which is why trauma is so crucial to evolutionary pressure. Those that survived, generally did because they took an impossible situation seriously. It becomes a part of our reactive unconscious survival instinct. And boy is this going to have consequences for American millennials.

The last year has had its share of impossible things occur. And we’ve gone about our business adapting to things that couldn’t possibly happen before. Early doomers were dismissed on the pandemic, political Cassandras ignored until an insurrection occurred, and now a new kind of financial mania which Stalwart Joe at Bloomberg calls an “upcrash”. He explains the impossible inversion using 1987’s Black Monday 22% drop.

Once people became aware that such a severe crash in so short a time was even possible, the likelihood that it could happen again was never dismissed. The consequences aren’t as big, but in a sense, what we’ve seen in GameStop could be thought of as a Reverse 1987. Upcrash. A gain so fast and rapid, that it might previously have been thought to be impossible.

Why do I include a seemingly jokey memetic internet troll in a list of traumas? Because a positive memory is just as jarring to our limbic memory as a bad thing. We overweight good experiences just as heavily as bad. Once the impossible becomes real our bodies retain the memory.

We’ve now got sense memory for global pandemics, political instability and positive market manias in America. Things we haven’t had for three generations (or more in the case of political instability). And the consequences, most of which remain unknowable, for these visceral impossibilities won’t leave our bodies till we are dead. We are stuck with the paranoia and exuberance of this last year till our grandchildren are in charge.

So we’ve just tossed several intense traumatic evolutionary events onto American millennials that not a single institution can do shit about. And I’ve honestly never been more excited for what our chaotic future might bring.

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Chronicle Internet Culture

Day 27 and The Short Squeeze

The speed at which we’ve transited from insurrectionist attack on the heart of democracy to every man strikes at the heart of corrupt Wall Start has captured my attention. The GameStop squeeze may possibly be the most interesting story of the modern social age. The first wisdom of crowds moment striking at an institution and doing enough damage to get the beast’s attention.

We’ve careened from institutional faith crisis to the next in the long trudge out of the 2010s. And doubled down in 2021. Because it’s fundamentally the same energy. Tearing down the capital to stop the deep state to rallying around GameStop against the man is a straight line. The age of the extremely online is here

Both events have strong kek energy to it. It starts as a joke. Some sophomoric humor on the message boards. It is hilarious and fun how we all cosplay hax0rs blowing up Big Hedge Fund. But it will not be funny joke when a pension fund implodes. Just as it wasn’t funny when we had a kek coup on January 6th. One sounds like a stretch. We could never find ourselves in a place where trolls blow up an essential financial instrument on which millions rely for their futures. But then no one thought a D list celerity pretending to be a businessman could ride a gold escalator into the White House either.

The GameStop happening is just the first instance of memetic market manipulation. Institutionals will get caught without realizing it. Because mimicry online lets idea evolution happen swiftly. The base reference materials quickly get widely diffused and most folks aren’t even aware of the source. Ideas get separated from the original context, for good or ill. Hence Trump and sedition being both serious and a joke. It’s funny till it’s a federal crime. You may not realize you are perpetuating something with source material that is meant to either redpill or push a grift or policy position. Which probably explains why there were so many confused Boomers who couldn’t figure out how they had accidentally committed treason.

I’d be surprised if we bring any politicians to justice in the capital attacks. But I don’t doubt the SEC finds a way to make internet mob pump and dumps illegal. Sure that would require that literally anyone in regulatory oversight roles understood how meme cults perpetuate. We can barely wrap our head around memes electing politicians. Moving markets is too much for the imagination. Except that it’s happening right now it just may threaten the powers that be. Fuck with democracy fine. Fuck with the capital markets. Now you’ve got our attention.

What worries me the most is despite seeing the straight line from danger to democracy to internet mobs throwing themselves at the markets, I am having so much fun watching it all unfold.

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Chronicle Internet Culture

Day 25 and Ease

I’ve been giving a lot of thought to my self limiting beliefs lately. The ideas I hold about myself and the world that get in the way of me changing. And one I seem most attached to is the myth of hardship.

I’ve fetishized the idea that life should be hard. Working through tough problems is good. Sticking it out through bitter failure is worthy. That goodness, attention, wealth and status are achieved through a moral pain.

I’m fairly sure I got this ridiculous idea as some type of parasitic add-on from Calvinist thought. It’s also preposterously, comically untrue. Like objectively the wealth, status and power in human society do not come from anything even resembling moral good. It’s this annoying fact that gives socialists succor in an otherwise unforgiving climate of capitalism (an objectively true statement that equally frustrates adherents of communitarian philosophies.)

So somehow I’ve equated hard work with good. So instead of pursuing talents in life where I enjoy ease and facility I force myself into difficult pursuits. I rationalize this as noble. But my core self knows that it’s bullshit to keep me stuck in the mud

So I am trying to resolve to not poo-poo that in my life that flows smoothly. I can do well at life by being at ease. I can lean into my talents and enjoy where they go without judgment.

But in the immortal words of every thirst trap: feel cute…might delete later.

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Chronicle Internet Culture Media Politics

Distraction unto Death

I wasn’t allowed to watch television as a child. My mother has a firm view on the pedagogical benefits of using your full cognition range as a developing child. She simply thought the television did too much work for you which hindered building mental acuity in a child. But she also has a more personal reason. She believes distraction breeds stagnation.

As I’ve mentioned before here, my parents were utopian hippies committed to the manifest destiny of Silicon Valley. A classic book of the radical “information longs to be free” crowd Neil Postman’s Amusing Ourselves To Death showed distraction as the primary tool of the tyrant. The real tyrant wouldn’t need force. They only need us to be distracted. Bread and circus for the plebeians to keep us complacent. In this sense my mother feared Huxley’s Brave New World more than she did Orwell’s 1984. In her view information need discourse, disagreement, and nuance. Television wasn’t a medium suited to debate. Particularly news programs who digested and provided a narrative and a moral arc. No one could discern facts or testable hypotheses from a story. That was an affront to enlightenment values, science, and frankly even religion (she hates when you drag belief into science). So I didn’t watch television as a child as quite literally it would make me stupid and lazy.

It is with this knowledge that I realize the main weapon the populist right has wielded the last four years was distraction. A constant drum beat of incessant crisis after crisis. Never having a moment of peace after outage after outrage was laundered through mass media insistent on making sure it never became normal. The #Resistance committed to remembering that “this is not normal” wore us down daily.

So in a way I think we have come out from under totalitarian thought. It was impossible to make progress on problems when one could only see the next crisis. The question is now how do we react from having constant distraction finally relieved? Do we realize the mess we are in? Distraction bred stagnation. But can we shake it off and begin to the think for ourselves again.

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Chronicle Internet Culture

Day 15 and The Wolf You Feed

A perennially popular “just so” story newly reborn as meme is The Two Wolves Inside. Not to be confused with the also excellent three wolves howling at the moon tee-shirt, this parable has a bit more payoff.

You can find endless “graphic design is my passion” variants of the parable from charming Etsy shop hipster versions to deeply weird mashups of Corinthians and Lanape culture. Thanks Art of The Christian Ninja Pastor dude. I’ll pick the firefighters training blog variant as beefy bros that save us from fires seem as good as any to own up to existential food demon metaphors. It’s not the best of the bunch and missed key elements like the wise grandfather telling the boy a story. But it absolutely captures the spirit of heinous layouts and type treatments meant to inspire you to greater things. Which is probably more core to the meme. As from there it reduces itself to further derp.

Why all this lead up? Why am I showing a badly executed meme that isn’t even the full story. Be patient good reader. Bad to the wolves. Well obviously we want to feed the good wolf. But also starving a part of you that isn’t socially acceptable also seems like a real asshole move. Why would you treat yourself so poorly? Or anyone for that matter. It’s like saying to a date “if you can’t handle the worst of me you don’t deserve the best of me” and then wondering why you get treated like a child. Bitch everyone needs to parent their screaming inner child. Blackmailing a potential partner into doing it for you is called codependency.

But I digress. I recognize the need for my own darker impulses. The tendency to swear (makes me relatable), the yawning almost never ending need for love and attention (makes me good at making things people want) and a litany of other bad wolf behaviors all serve a purpose. So maybe feed both wolves but recognize one of them can also kill you. Nurture it but keep it on a leash. Be the alpha of that pack. Oh god it’s been three wolves all along!

The tricky bit here seems to me where we extend out the metaphor to others. We want to be with friends and colleagues that are not fucking over their own wolves. Eating disorder wolves being starved out of fear. Ignored wolves. Misunderstood wolves. God it’s a parade of the kind of bullshit you have to empathize with daily as we grapple with the intrinsic sin and frailty of mankind. To say it makes the workplace a mess is an understatement.

It’s currently on my mind because I want to spend my time with people who are feeding and training their wolves for the best possible outcome for them. Genuine engagement with your faults and talents is a joy. It makes you better. It makes others around you better. And it’s just more fucking fun. People who refuse or are unable to engage with the sum total of their humanity just aren’t as interesting as those who are committed to becoming the best version of themselves. They also don’t tend to win as often, as limiting yourself out of fear is a finite game with only so many options to be seen as a winner. You either win a definite sum or you don’t. Evolution and bigger games and more interesting problems never arrive. I’ll just wholesale quote Alex Danco here.

First, finite games are played for the purpose of winning. Whenever you’re engaging in an activity that’s definite, bounded, and where the game can be completed by mutual agreement of all the players, then that’s a finite game In contrast, infinite games are played for the purpose of continuing to play. You do not “win” infinite games; these are activities like learning, culture, community, or any exploration with no defined set of rules nor any pre-agreed-upon conditions for completion. The point of playing is to bring new players into the game, so they can play too. You never “win”, the play just gets more and more rewarding. “

So ask yourself are going spending your time with people who are balancing out their wolves in a never ending game of joyful interaction? Or are you spending time with folks trying to kill off parts of themselves in order to win a prize that is simple and understandable. It’s not exactly a value judgement. Winning is good. Harmful behaviors towards others is bad. But I hope that we can all agree that a truly great life is a lot more nuanced than a scoreboard and a morality checklist. And yes this is me encouraging us all to spend time with better people who will support that.