Tag: Capitalism

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Startups Travel

Day 1974 and I Am Out

I have really had a busy spring. I was across the country from Utah to Washington DC and back to Montana with an outing to San Diego. Montana did not get much of a winter which is always a disappointment.

I never expected to spend so much time on policy issues. It has unexpectedly taken over a a real portion of my time.

The nature of my portfolio investments has slowly taken me across every issue from banking’s relationship to crypto to the nuclear renaissance to artificial intelligence. American needs a lot from its younger generations and we need to support them.

I feel an obligation to bring my full self to the issues as it gets to the heart of what could change the nature of assumptions of costs and access in meaningful ways.

I do however need a break from all of this as I am quite tired from all the back and forth. I need to take a little break and get some off grid time on another continent. I need to get some perspective before celebrating America’s 250th. There is a lot happening.

So if all I wrote about is makeup and skincare and some science fiction for a couple weeks I hope no one minds. I need a break. I need some Netflix even.

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Aesthetics Politics

Day 1971 and An American Pope Meets Effective Altruism

To my Catholic friends, I sincerely hope today brought you closer to your faith. It is my hope that you received comfort from Pope Leo XIV’s new encyclical, Magnifica humanitas: On Safeguarding the Human Person in the Time of Artificial Intelligence.

I myself look forward to reading all 42,000 words of it on an airplane tomorrow. My reader application’s AI says it should take me two hours and thirty minutes. Already the tools have opinions on my study.

I can’t say I fully understand the relationship between the knowledge and teachings put forth by the Pope and a Catholic’s personal faith.

I have very little exposure to Catholicism that isn’t entirely academic so please do not take anything I say seriously or personally, as I’m a mere Protestant.

The Vatican said that Leo had signed the new encyclical on May 15, 135 years to the day since the pope’s namesake, Pope Leo XIII, signed the landmark encyclical Rerum Novarum (“Of New Things”) on the rights of workers amid the Industrial Revolution. I understand is a crucial modern document in Catholic social doctrine

I read his namesake’s encyclical long ago when I studied economics in Chicago (not very far from where the Pope himself studied) so I am looking forward to comparing the documents once I have had a chance to read the new encyclical.

It’s very hard to have an opinion on a document written by a faith leader to whom I do not defer myself so please hold your judgement as I have held mine.

Without careful study I hesitate to say much beyond my initial impressions of the media circus surrounding the encyclical’s release and the social context of several attendees of the event around the signing.

The document is officially addressed not only to Catholics but to “all people of goodwill,” calling on us to seek the “protection of the human person in the age of artificial intelligence.”

I feel this is an invitation to us all to consider the document seriously. Silicon Valley has been anticipating its release for sometime, with both excitement and trepidation.

We have seen venture capitalists speak on fears of an emergent technological anti-Christ and the role artificial intelligence might play in eschatological matters.

There has also been a significant amount of discussion over the last several years as to the role a movement which calls itself effective altruism has played in the development of artificial intelligence.

In particular, there is concern as to whether the movement itself has become its own theology complete with a singularity eschatology.

I make no secret of my concerns around the EA community, its scandalous financial frauds and its intellectual roots in Benthamite utilitarianism.

They aim to be “less wrong” and take a rationalist approach to moral questions. At first glance this appears to be a kind of technocratic solutionism but has millenarian tendencies in singularity thought.

Several years ago an internecine split developed in Silicon Valley with a faction “meme schism” jokingly calling itself effective accelerationism. I myself professsed a preference for their approach as I am neither a utilitarian nor a rationalist.

E/acc encouraged an approach to technological development which focuses the benefits of material progress in reducing human harms while warning of the harms of the precautionary principle.

Neither are real philosophical traditions in any meaningful sense, but rather competing narrative memetics that came out of the diverse group of technologists making industrial progress from nuclear to computing chips and algorithms.

My concern today came from the highly visible corporate representation at the New Synod Hall in the Vatican during the press release. Past encyclical rollouts were normally handled only by curial officials. This was much flashier and included the Pope.

Further, the Vatican chose to highlight large language model developer Anthropic, and one of its many cofounders Christopher Olah. Both the man, and the corporate entity he represents, are part of an explicitly effective altruist world.

That only one frontier lab with a very particular viewpoint was put front and center as an emissary from the technical community may end up sending an unintended message. Or more worryingly, a very deliberately intended message. Only time will tell.

Categories
Startups Travel

Day 1969 and A Very Nice Day

I am in the middle of the Utah desert returning from a site visit to Valar Atomics. If you have the means to tour a nuclear facility I highly recommend it. It is so choice. That’s Ferris Bueller for the Zoomers.

I’ll use another choice line from the John Hughes classic to illustrate how gratifying it has been to drive a remote Utah town for a chance to see our investment in action.

Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it. – Ferris Bueller’s Day Off

We hadn’t planned to drive down to the Ward 250 facility after Abundance Institute’s Operation Gigawatt. Life is busy, it’s a holiday weekend, I’m flying out to part unknown from Montana in two days.

But what’s another three hours on the open road when there is one of America’s sustainable energy labs and a tour from your favorite engineers on offer? Yes they are all working this weekend. They have a deadline for July 4th that’s pretty important. It’s crazy that this wasn’t in my itinerary in the first place if I’m honest. What a way to kickstart the summer.

Getting up close to “our” reactor is a privilege I never conceived of experiencing. I’ve been lucky enough to invest in some very cool things over the years, but to actually place a bet on a serious industrial effort and have my choice end up at the forefront of a major national push for nuclear energy? Not a thing I saw coming.

So in the hustle of the moment, I am glad to slow down and admire that it is actually possible to do things. That’s a very nice day to have. Yes that’s a Day 69 joke.

I’ll treasure this moment forever. Even if we fail, at least we tried. And who wouldn’t want to put yourself on the line and try when it’s something that matters this much? So we speed up to slow down and see. Because it’s true if you don’t you might just miss it. So yeah it was a nice day.

Utah desert near sunset.
Categories
Community Politics Startups

Day 1968 and Abundant Optimism

I’m in Utah with some of the most optimistic people I’ve ever encountered. And it feels so good to be amongst others who believe our problems are tractable, it is our responsibility to solve them, and that we all win when we pursue a positive sum approach together.

The Abundance Institute hosted the Operation GigaWatt Summit in Park City to bring together entrepreneurs, engineers, financiers, legislators and policy experts to discuss America’s energy needs.

I was lucky enough to be invited to the gala where one of our founders Isaiah Taylor gave an incredibly uplifting fireside chat

As some of my longtime colleagues know, I was the first check into Valar Atomics. It was a leap of faith to invest. At the time, we were in the doldrums of negativity towards capital intensive industrial efforts, from both state and capital.

Yet I saw in Isaiah a force that neither leviathan nor fund manager would wish to hinder. I also happened to believe that every other technological trend that was booming rested on our capacity to power it. So I did everything I could to support him in his efforts, including write few more checks. And thank goodness I did as my what a difference a few years make.

Utah’s Governor Cox and Isaiah Taylor of Valar Atomics

To see Isaiah on stage with Utah’s Governor Cox amongst a crowd of hundreds speaking on a vision that a mere three years almost no one thought was a good idea (well except us) is testament to the work and faith of hundreds of men and women.

Many other amazing companies are pursuing a vision to produce abundant clean fuels and I myself believe we will need every one of them. I’m just glad that my crazy bet happens to be running full steam ahead in front.

From artificial intelligence & medical research to new home construction and industrialization, all our biggest opportunities will win on energy costs. Regular people need cheaper, cleaner, more sustainable energy. Our needs can’t be met with what we’ve got. We need nuclear in that mix.

And it is a choice to embrace abundance and not scarcity. A zero sum mentality will not get us where we need to go. Not in America, not on our home Earth, and certainly not in the stars. I believe with effort and ingenuity our best days are not behind us but can, indeed must, be ahead of us.

Utah is focused on delivering to the public by gaining its truth through transparency and accountability.

I’ve come out of the last two days refreshed and filled with positivity as I’ve seen sincere people dedicate themselves to finding solutions to our pressing problems. I was able to see much beloved friends, treasured colleagues, and it was family friendly so I brought along my husband too.

Here we are waiting for me to record an interview with MTS who very kindly asked me about Montana’s right to compute law.

If you care about a future that’s not fighting over what’s left, but building something that makes more for all of us, I hope you consider supporting the work of the Abundance Institute.

And also Montana’s right to compute law.

Oh and if you have a chance to invest in the future of nuclear energy I hope you pick Valar. As we are fond of saying in El Segundo circles, we are going to win.

Categories
Politics Travel

Day 1967 and Up In The Air Boss Don’t Care

Will you spare a prayer for the pitiable management class as they fly back and forth on their jets from capital to capital in the hopes of securing any kind of policy that remains in place long enough to do planning? No, I didn’t imagine you would. But maybe you should.

I’m not in anyone’s C-suite and I’d be surprised if I ever am. Being the CEO of even a small privately held company isn’t a great deal of fun. The burden of a fiduciary duty can clash with your instincts as a human.

Working with founders who have these obligations is largely an exercise in providing psychological safety so they can see the truth their hearts don’t want their eyes to see.

But I don’t expect anyone who hasn’t had to shoulder the burden of stewarding resources responsibly and profitably to be sympathetic. People who leverage collective resources to build something that is more than the sum of its parts may only think only of their part.

Still I’d hope anyone who is a parent has experienced the basics of it. Someone relies on you for their needs. Imagine it’s not just your immediate family but workers, investors and customers all demanding that their needs be met.

This isn’t meant to be mere apologetics aside, I feel bad for the technology executives who were told to show up in Washington D.C today for a last minute executive order from the president on artificial intelligence. Only hours before they were told actually it’s off sorry. The ones who could make it had already made the trip for a ceremony in which they were meant to smile and nod in obeisance to Leviathan as personified in America’s executive branch.

Either the president didn’t like how the executive order had turned out (something about staying in the lead ahead of China) or not enough of the fanciest executives could show up.

After flying to China last week to bow and nod, they needed to be whisked off back to another capital to bow and nod some more. And then oops sorry it’s canceled. As if they didn’t have other places to be. Heck one of the places they were meant to be was in Utah for a summit on providing the energy necessary to power this next step in America’s technological ambitions.

Instead it’s just all pissing and moaning and horrors from the peanut gallery about how much our bosses don’t care about us. As if the bosses didn’t report to some other big boss. They report to their board. The board reports to their shareholders.

And all of us in the shareholder class (which is most older Americans, a decent chunk of middle aged ones and anyone with social security) are all waiting on the approval of the state, who may or may not give any of us the clarity necessary to know what comes next. Better hold on tight and keep gassed up. Shame for most of us it’s not a jet. Still I’m happy with my Subaru.

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Media Politics Travel

Day 1965 and Don’t Drown in Manic Waves of Algorithmic Surf

It’s hard not to feel like you are drowning when you open up a newsfeed. Every day you are watching people on tilt across every topic and demographic. Is this the singularity?

The doomers and Luddites are being courted by money with shadowy religious grants to “prepare for the dangers of super intelligence.”

Competing political lobbyists in all nations are desperately trying to outscream the noise of crashing feeds as news refreshes with propaganda optimized to reach you.

From celebrity individual contributors making moves to worries about the star struck minds of the managers of the biggest funds, it’s all happening at 1000x the scale of sense.

I go outside and I breathe in the cool Montana air and I am settled by the almost impossible beauty of the mountains out our pasture. If you hike out to the public fields before the canyon you can see the whole valley spread out before you.

Public lands out my backdoor that look like a Microsoft Windows Screen saver

After a weekend snowfall, the grass is coming in spring green and the sky is as bright a blue as a screensaver. The resolution of reality has yet to be surpassed but I don’t know for how long that will be true and if it’s even true for most people.

It’s impossible not to feel as if one is being torn apart as each successive wave of new information comes at you. It’s all on tilt. It’s all faster. It’s all getting better. Or is it all a horror? It depends on the wave.

If you refresh at the wrong moment it’s all getting worse. What about the Vatican and their new encyclical from Pope Leo? Industrial Revolution Leo? Nah Intelligence Revolution Leo. Anthropic is sending a vegan atheist as their emissary.

“You best start believing in singularities!” Cthulhu Dread Pirate by way of ChatGPT Image 2.0 reminds us as we just might be in one. Do we dare laugh back? “This is the day you will always remember as the day you almost caught Captain Jack Sparrow (in a Singularity).”

In other house keeping news, I’ll be driving from the mountains to the desert to participate in the Operation Gigawatt Summit in Park City Utah later this week. If we are accelerating into a new future of intelligence, someone has to provide the power and the compute. And that’s my crew. Lots and lots of white boys apparently.

Categories
Politics Preparedness

Day 1961 and The Thucydides Trap and Accelerating Chaos

Not so long ago (*gulp* five years or so) as I first began investing out of our chaotic.capital vehicle, I would discuss our thesis in terms like thriving in a world of increasingly accelerating complexity. That trajectory inevitably leads to chaos.

How does one make money and start fast growing businesses in a world where entropy must be fought at every turn and the rules are constantly changing?

There are a million metaphors and I’m sure all have been used by now. One must surf the chaos or risk being caught under wave after wave of punishing swells.

Next thing I know the world is talking about chaos constantly. And it’s always accelerating.

Keir Starmer in chaos! The Philippines in chaos! Even Xi Jipeng is hinting at the dangers of accelerating into clashes and where they might lead.

The implication? Chaos! China’s leader went so far as to invoke my beloved Thucydides, warning of the trap that arises between two powers. Yes, Xi mentioned the Thucydides Trap in the recent summit with Trump.

The term was popularized by Harvard political scientist Graham Allison in the early 2010s, drawing on the ancient Greek historian Thucydides. His argument: when a rising power challenges an established one, conflict inevitably follows.

– Bloomberg – May 14 2006 (gift link)

Hulton Archives/Getty Images Thucydides

Americans may not like the presumptive idea of a rising power challenging our existing power, but these days it’s hard not to be skeptical of American power and its limits.

After all, the acceleration of chaos globally is partially in response to our inability to manage the complexity of our systems. We seem unable to plan ahead. But if we’d like to find a win-win scenario that doesn’t end in a Peloponnesian War we might wish to find a way to learn to live with the chaos lest the trap close its mouth on all of us.

Categories
Aesthetics Culture

Day 1959 and Chambre Syndicale

I’m in my luteal phase so primed to be grumpy, frumpy and otherwise combative. You’d think this wouldn’t be an issue as I’m currently experimenting with synthetic hormones and all sorts of experimental peptides but the feminine is a mystery.

Thankfully this cunty attitude had a positive side effect of spiraling me into a group chat debate over what constitutes couture. Haute couture literally means “high sewing” or “high dressing making” in French.

I just had to be technically correct as it’s the best kind of correct. I only know as once upon a time I picked a fight with Fédération de la Haute Couture et de la Mode aka La Chambre Syndicale as old school fashionistas tend to still call it.

I may have done a kind of DDOS (allegedly) on their publicity fax machines to get their attention to further my guerrilla reporting efforts. They were not amused by the chron job I set to send them regular faxes at specific intervals. Anyways.

The TLDR is essentially that what constitutes couture is a bit like champagne. It only counts if it’s from the ateliers of Paris with very specific artisans (and a number of them) using hand sewn techniques which sell only to private clients with custom fittings. They then approve your atelier if you meet these standards.

Couture is not custom made clothing nor is it a form of luxury determined by price or self labeling. And it is definitely not “ready to wear” clothing you can buy off the runway. If an elaborate dance of craftsmanship and French bureaucracy. As an American I find it a bit silly but I don’t care for cartels of any kind be it drug, oil or clothing.

Many designers will try to get away with calling a custom made item couture in order to ride on the 170 year aura of French fashions but it’s not really what is meant by couture and it’s absolutely not what is meant by haute couture.

You don’t see Savile Row tailors calling themselves couture designers nor should they. That would be silly and imprecise. They are Savile Row tailors and that’s its own special custom suiting process.

Being imprecise in one’s specifications is exactly the opposite of what you’d want from someone making you a custom wardrobe based upon nearly two centuries of a professional cartel’s specifications.

So please don’t call something couture as a short hand slang for custom design. It may be ready to wear. It may be tailored to you. But only those who meet the standards of the Chambre Syndicale carry the designation haute couture. Otherwise it’s just sparkling custom made clothing.

Categories
Aesthetics Internet Culture

Day 1958 and Skymall Kities

My father loved gadgets. He was always tinkering with something and was always upgrading his electronics to some new specification.

Is it any wonder that I married such a handy husband? Men love futzing around with stuff. Sometimes they have daughters and then you’ve got women like to mess around with projects too.

I am sure we will have endless rounds of nostalgia for the eighties and nineties era gadget, electronics and novelty shops. You could get lots of mileage out of building your own computer.

But even setting up something silly from Skymall or Sharper Image captured some of the joy. The novelty of a new invention was visceral. I wouldn’t say no to a Hammacher Schlemmer renaissance myself.

I didn’t love it when we remade that style of retail into quirk chungus millennial fandom but I didn’t hate getting Star Trek tchotchkes either. And now I dearly love websites that my friends have built like WireCutter.

My husband was humming the tune to a piece of YouTube esoterica that is a deep cut to the original editor of that bastion of shopping guides. Choire Sicha launched the WireCutter but it’s in some ways the least soulful of his franchises. A Mike Albo shopping column already nailed the bit we’ve just been redeeming it since then.

Choire gave us Gawker 2.0 before his his incredible era of independent publishing streak making properties like the Awl and the Hairpin.

In a world with more shops and essayists than good shoppers or readers, Choire found the good ones and shared. And one of his discoveries was Nina Katchadourian’s work.

And so now my husband sings the tune of SkyMall Kitties and he sometimes can’t get it out of his head.

Maybe that is my own submission to the “thing I think about too much” essay franchise. It’s my own personal Negroni season or Supreme’s clusterfuck of totally uncool jokers.

I’m sure we will enter an exciting new era of curating down the perfect piece of cultural detritus with artificial intelligence. But I will always be grateful to electronics dads and savvy buying guides for teaching me to enjoy the joy in making something. Even if it is profoundly uncool. I’m still team Barbara Kruger though. Don’t believe the hypebeasts.

Categories
Aesthetics Media

Day 1957 and Closet Rummage

I am not up for the nostalgia festival around The Devil Wears Prada. It’s funny to have been in the fashion industry as the world of high gloss fashion magazines was rising in the public eye. It was ironically just as the business of publishing was about to be upended by technological change.

I never did take a job at Condé Nast, though I have some great stories. But I have enjoyed the largess of being inside a fashion brand with a closet. Nothing can fix a day like changing your look without spending a dime. Just “shop” the closet!

If a fashion closet doesn’t appeal to you, imagine a beauty closet. I was on the public relations gifting list for MAC during several of its glory years. I still treasure the packaging. Once I had my own beauty brand, I was swimming in samples that were far less polished but no less enjoyable.

So today that was the happy memory on my mind as I pulled together samples for a friend from my own beauty closet. who is about to go on tour for their work.

Finding just the right colors, chemicals and packaging for her needs was such a joy. I still love the hunt for just the right item that will work. From blazers to retinols, the closet contains fixes to almost all style problems. The bigger problems in life never have a quick fix so it’s worth treasuring the joy of the closet rummage.