Tag: Culture

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Community Culture

Day 1384 and Long Lunch

No offense to Stephen Sondheim’s Company, but I think ladies who lunch have been unfairly maligned culturally.

We are so quick to dismiss socializing as some superficial ritual. But social bonds are the way we maintain our civilization.

If you can make time to enjoy a long lunch with pleasant and diverting company, you possess a degree of richness that has little to do with personal wealth. It’s a richness of spirit.

Everything can acquire the social capital required to have a little lunch with friends. Being present and kind to one’s dining companions is a joy to be cherished.

Cherish those that would take time to share their company (and a meal) with you. Whether it’s a swanky restaurant, at someone’s home, or on at the office. Take a long lunch with someone who interests you.

The ladies who lunch understand the value of these social bonds to their community. Elaine Stritch would drink to that. And so should you and I.

Categories
Aesthetics

Day 1383 and Counter Elite

Culture is always responding to power. Power seeks cultural approval in order to cement its status as power. It’s more of a give and take than you’d assume though. Unwritten rules are meant to be broken.

“Knowing Too Much” about how institutions wield power has a tendency to spin out people who want to change the balance of power. Nothing is ever as static as it may seem and America is a fine place to be ambitious about claiming a little power.

Being in New York I hope to be seeing where the bits of tension around culture, cool, and capital should be producing frisson.

Seeking out aesthetic chills that grip your nervous system is an expensive pastime though. Youth and wealth satisfy psychogenic thrills in very different ways but everyone understands power. It’s quite a moment in America for seeing how elites and their counters square off.

Categories
Media Startups

Day 1381 and Radical Responsibility

I thought the discourse around “founder mode” had died down but Kim Scott the author of the best selling book Radical Candor decided to link the meme to what she considers a so-called rise of “neo-authoritarianism” in Silicon Valley culture in an op-ed in the New York Times. Naturally it’s about Trump too.

My read on her thesis is that she has decided to use a technique she disavows in her own work; the frame of the piece is manipulative insincerity. It’s an unclear criticism being used for political gain.

She works to convince the reader that actually the most libertarian and individualistic demographic, who regularly decries state power (especially its use of coercion to drive censorship, limit transactions and restrict compute), are in fact, actually vouching for totalitarianism.

Gift Link to New York Times “How Founder Mode Explains the Rise of Trump in Silicon Valley

Even the graphic hints at the supposed appreciation of neo-monarchy as a nod to nRX intellectual Curtis Yarvin.

I fear she firmly missed the point of founder mode for her insincere political framing. Despite her clear understanding of our values.

In that original recipe, venture capitalists invested in founders rebelling against established hierarchy and building great products. And when those rebels themselves became too hierarchical, venture capitalists turned to new founders aspiring to overtake the old order.

She is right about we prefer to work as an industry and how we see our efforts. “Many of Silicon Valley’s greatest products were originally intended to liberate, not to control people.”

And yet missed she missed that founder mode is about liberating our founding teams from the suffocation of professional management. It’s got nothing at all to do with justifying tyrannical founders.

Rather founder mode is about limiting the tyranny of managers who can stymie progress despite having little personal responsibility for the success of the firm. In another world, she might have written a sequel called Radical Responsibility about fixing this problem.

Larger firms have a pantheon of corporate departments to ensure smooth governance from legal, to HR, to corporate communications in order to comply with state expectations.

As regulations have ballooned so too have the specialties required by the middle managers. We must be in compliance. We must take everything and every view into account. We must do things by the book.

Founder mode isn’t about running ripshod over your people. It’s certainly not about Trumpian declarations of what must be done. She’s absolutely correct that “emotional dysregulation, bullying and bloviating are not leadership attributes”

I find her criticism to be manipulative insincerity. She’s deliberately missed the point of the original Paul Graham essay, inserted her own political insinuations about how Silicon Valley is hiding their true preferences for authoritarians while herself advocating for a pass the buck culture. It’s not fit for Radical Candor and I’d expect better from someone of her stature.

Categories
Media Politics

Day 1379 and Dodge and Weave

A lot is going on and I have little concentration in me today so I’ll keep this to a few tidbits of things I have on my radar.

The artificial intelligence x-risk Doomers are doing absolutely nothing to beat the charges that California SB 1047 was all about their fear of an imagined apocalypse and had absolutely nothing to do with useful policy or regulation.

Frankly I’d expect better from Scott Alexander and I’ll warn the Effective Altruist and Open Philanthropy crowd that if you willing to parlay with socialists don’t be surprised if those who advocate for broad state powers feel fine about using the state monopoly on violence on you when your interests no longer align. Liberals get the boot too.

But nobody listens to a cranky old libertarian like me in this multi-polar world. Though if you are inclined to listen to me please do read my investor report for the quarter. We are raising for our next fund and I’d be delighted to pitch you if you are the sort who has a spare 100K to invest in atomics, databases, decentralized compute and other oddball world changers.

In other bits of frustrating press narratives the New Yorker can soak up 34 minutes of your time with a “Silicon Valley matters in politics now more than ever” piece which is about how politico Chris Lehane is doing his job and representing the interests of an industry that still has enough money to pay his fees.

Perhaps politicians will consider not killing the golden goose that is the information economy and try listening to the folks who still make enough money to be considered good targets for more taxation about how we can keep making them tax money.

But I’m guessing if I ask Detroit how that ask to the government ends I won’t like the answer. I could ask Baltimore but Frank Sobotka and the Key Bridge are no more.

I truly thought one was supposed to get mellower in one’s old age but my politics seem to be rooted deeper than I realized. I just believe in markets and the prosperity that comes from free asssociation.

Categories
Politics

Day 1378 and Gentleness

The media does a very effective job of showing us what to expect of class in America. There are behaviors we praise and those that we denigrate.

For a nation that values upward mobility we can be very subtle about what it actually takes to be a success American. We’ve seen a lot of sitcom families over the years.

Now we have TikTok and Instagram influencers. What constitutes the good life and who we aspire to it comes from certain values and aspirations.

I remember questions about who teenagers admired most as a tween. I think Madeleine Albright and Hillary Clinton were the top choices in the 90s.

Which honestly seems better than Kylie Jenner right? And yet there is an arguement that this world we are in now is much gentler. Better even.

When I think of Albright I think of genocide. With Kylie I think of lipstick. And maybe that’s a gentler world. You can argue about values but valuing beauty over valuing war is an easy choice for most.

I’m getting nails done as I write and the woman doing my pedicure is (to my best guess) a Slavic maybe Balkan woman. And I’m sure Madeline Albright, her grandmother and mine would agree that this gentle exchange of cosmetic services is better than the wars that defined the Balkans when we were tweens.

We are mostly communicating in the simple English of cosmetics but body language does the rest for two women engaged in a grooming ritual that goes beyond simple transaction. The money I had was exchanged for a careful, artful and gentle service.

She’s fixing the work of about four bad pedicures I’ve picked up from the barely functional nail salons of Montana. She chuckles as I giggle when it tickles. There is some sort of Audrey Hepburn soundtrack at the very quiet spa. Crooners singing Blue Moon cross all cultures.

Maybe the upward mobility of class can run through Kylie Jenner and Madeleine Albright. As long as she agrees to avoid doing any more Pepsi commercials.

Categories
Finance Startups

Day 1376 and Q3 2024 Investor Update & Market Analysis for Chaotic Capital

Welcome to the Q3 2024 update for chaotic.capital LPs. I’m choosing to post a selection of our reporting publicly so prospective founders and LPs can see our thinking.

You may be invested in chaotic.capital because we invest in ideas that adapt humanity to our new chaotic era.

Enabling resilience in the face of unexpected & rapid change is our lodestar. It’s a simple heuristic that yields a complex thesis: that technology is a tool for increasing leverage. 

In addition to these investor letters, you can always visit jfredrickson.com, where I write every single day about whatever I’m thinking about. You are also welcome to DM me on Twitter @AlmostMedia or text me on Signal any time.

Q3 was another strong quarter for chaotic.capital. Our ability to identify and back founders early remains core to our success and we’re seeing it both with the inbound flow from founders (as seen in the two new deals we did this quarter) as well as the progress from our existing portfolio, with four new markups this quarter and substantial business progress on those and others.

The markets are increasingly focused on power and compute. What was once a contrarian focus on energy, infrastructure, crypto, and artificial intelligence has now become a core narrative among informed investors.

We believe the future of compute—particularly in relation to crypto and AI—will increasingly be viewed as a basic right, not a privilege, as these technologies scale to mass adoption. 

As governments grow more cautious about debt and monetary risk, individuals and organizations will turn to trustless systems to ensure secure transactions and autonomy.

This is why we focus our investments in the space on foundational layers that will power the next generation of applications.

With portfolio companies like Squads providing on-chain economy tooling, Kuzco reducing reliance on intermediaries while creating an open market, SFCompute pricing compute and creating spot markets, and Chroma becoming the go-to choice for open source vector databases, we see the intersection of crypto and AI creating secure, scalable systems for individuals and organizations alike.

Access to compute is quickly becoming synonymous with freedom of speech and, ultimately, the freedom to transact. 

These open trustless systems enable efficient transactions and verification, a crucial development as geopolitical multipolarity continues to rise, and more people need to ensure their interactions are secure without reliance on the state.

While Americans might not yet fully appreciate this, we’re seeing growing demand for these alternative systems and open models from those who are navigating increasing regulatory pressures and instability.

Europeans, whose governments are deploying strict limits on AI models are beginning to understand, those from countries facing geopolitical uncertainty (e.g., Israel, Ukraine), live it already, and those in countries with unreliable currencies and legal systems have been navigating anarcho-tyranny for decades.

But it can be precarious in the US as well, in California it was only the intervention of a veto from Gavin Newsom that prevented SB-1047 from restricting compute and hobbling the development of open source models.

Looking forward, this ability to access compute at scale may well parallel the right to transact. As nations confront their own risks, network state behaviors will become more prevalent, driven by the need for secure, decentralized systems that ensure autonomy in an increasingly unpredictable world.

We’re excited about the future of chaotic.capital and the opportunities ahead. As always, I’d love to talk about any of this with your discussions with you, so feel free to reach out. We’re just getting started, and there’s much more to come.

Categories
Emotional Work Politics

Day 1372 and Everything Is Happening

The last forty eight hours or so have just been nonstop for me. Of course, that’s been true for the last week, the last month, the last quarter, the last year and the last decade.

Check KnowYourMeme for the full history of /pol and happenings.

The “nothing ever happens” bros might simply have made different life choices as from where I stand everyday is packed with happening.

I’ll grant the meme having originated as a geopolitical joke means it’s a little contextually inappropriate to apply to individuals and their own lives.

But what if “nothing ever happens” is just another way of justifying one’s own lack of agency? “Nothing ever happens” is admitting you are comfortable with being an NPC in the great game of life. Even if you are sure you are a bit player of little consequence you can rewrite your own programming.

Maybe we can look to another 4chan /pol meme “It’s Happening” for inspiration. Believe in your own capacity to have agency even when it’s small.

It’s Happening

Maybe world changing systemic change is beyond reach for most of us. That’s ok. But we can have a lot more happening with a few changes. You can play your own games and decide on your own rewards. I have. And it’s all happening for me and mine.

Categories
Emotional Work Politics

1370 and Ride or Die

Americans aren’t showing the loyalty we used to be known for these days. It’s embarrassing to see the big games we talk from politics to Wall Street. If it’s all big talk then of course the world laughs when we fail to be steadfast.

Maybe that’s why we have such a glorious oeuvre of “ride or die” art. From literature and cinema to Lana Del Ray we want people who commit even when the risks are unquestionably large and success isn’t assured.

That means a lot of hurt. And not caring who knows you’ve committed to a risky or even crazy caper. Lana waited for an alligator wrangler for fuck’s sake.

From her Blue Jeans lyrics it sure looks like she’s seen her share of bullshitters caught up in the game.

I stayed up waitin’, anticipatin’ and pacin’
But he was chasing paper
“Caught up in the game, ” that was the last I heard

And maybe that’s the point of America’s love of the ride or die. The risks are clear. But the reward for loyalty knows a deeper satisfaction than those who get caught up in the game. Don’t chase the paper and expect the game to care. Only people care. And we should all aspire to loyalty beyond reproach.

Categories
Internet Culture Politics

Day 1369 and California SB-1047 Vetoed

Last night I received a push alert and then a flurry of excited text messages and phone calls. California Governor Gavin Newsom vetoed the controversial SB-1047 artificial intelligence bill.

Gavin Newsom vetoes California’s contentious AI “safety” bill SB-1047

Twitter lit up with joyful streams of relief and praise for this decision. Everyone from politicians, economists, researchers, academic luminaries, open source collectives, founders and venture capitalists.

It was a bad bill that lacked the necessary clarity and focus to even begin the task of regulating the nascent field of artificial intelligence.

We can and will do better in finding regulatory frameworks for safety and competitiveness but this bill wasn’t it. It was especially concerning as they say so goes California so goes the world.

I have been banging on about the #FreedomToCompute and math’s crucial role in our constitutional right to free speech in America. This must be considered in all future attempts at regulation in America.

Math and computing power are as essential as speech. In today’s world, they ARE speech. We may speak in natural language, but the way we extend ourselves, build things, and grow as a species is through our tools. Computation is a tool.

These tools are extensions of the human mind. Consider that the first computers were just regular humans counting. We may have started with our fingers and toes as our first tools. And it wasn’t quick progress as the evolution from the abacus to modern computing took us nearly 4,000 years.

We’ve made an astonishing amount of progress in the last hundred years. We’ve gone from thousands of computations per second in the 1940s to 200 quadrillion calculations per second with modern super computers.

Consumer devices are better too. The computer I’m using to write this post has more power than the computers we used to send man to the moon. It’s 100,000 times faster with seven million times more memory.

Alas, as tools get more powerful the powerful get nervous. This isn’t the first bad artificial intelligence bill we’ve seen. We have Europe to thank for that. And it likely won’t be the last.

But defeating SB-1047 is a rare moment of bipartisan cooperation not only in California but across the world as the entire compute space came together to make its voice heard. And Gavin Newsom listened.

We should celebrate this rare consensus as we look towards better policy in our future.

Categories
Internet Culture Politics

Day 1368 and Lending Credibility

The dead internet theory (or conspiracy theory if you must) supposes that machine generated content outweighs human contributions.

I don’t think we are there just yet but I am betting that artificial intelligence speeds up the process of replacing human content in areas where it’s unnecessary. Machines can act on their own and it’s good thing potentially too.

Being able to determine what is human intelligence versus machine intelligence may well be mitigated through trust-less cryptographic systems we take for granted. Handshake protocols for humans and machines.

Some content and transactions are just fine coming from artificial intelligence but others have to demonstrate a human identity. This may even require compute on human’s behalf

Looking forward, the ability to access compute at scale will likely parallel the right to transact. Identity will be layered and lending credibility and capital will look different. Who has credit and credibility?

As nations navigate their own risks, network state behaviors on the individual level will become more prevalent, driven by the need for secure, decentralized transactions that ensure autonomy in an increasingly unpredictable world.

The internet isn’t dying. It’s being reborn to serve the next stage of credible actors on our world.