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 Reading

Day 1371 and Against The Tides

I don’t swim very much as an adult but I grew up in an era with mandatory swimming tests (even at university).

I was lucky enough to not only learn to swim in the Pacific Ocean but in Colorado I spent a lot of time in our many creek, rivers and lakes. Freshwater has its own appeal and I’ve seen the tides work on the Great Lakes. But little is as magical as the buoyancy of seawater.

I’ve struggled with not having swimming and the joys of warm weather and cool water with some of my autoimmune challenges. A bathing suit I’d never worn came to represent some of that loss.

But today I was able to take a swim. I put on a bathing suit and was able to casually swim with just enough force applied to steady myself in a comfortable place against the increasingly forceful tide coming in. I felt like I’d won even if it was just for thirty minutes. I enjoyed a nice healthful thing in between the chaos of a very busy moment.

I’m not much of a Fitzgerald fan and but the joy of finding the limitations in one’s life as you mature is the relatability of feeling the weight of a one’s years as you push against the tides.

So we beat on, boats against the current, borne back ceaselessly into the past

So many decisions cannot be undone and yet we steady ourselves against forces much bigger than we are. Pushing against some of the vastness of a sea while relaxing into its much bigger whole is quietly humbling

I feel good about pushing against the vastness but also not being so sure about my own place in much larger forces. It’s no wonder man yearns for the horizon.

I took a shower and immediately went back to work. But it was nice to be a human doing a human thing while all of this is going on around me. I held my own against the tides. And I intend to keep doing.

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
Emotional Work Politics

Day 1365 and Good News, Bad News

It seems to be an absolutely awful week on Planet Earth. War, natural disasters, and human venality are on full display. It’s hard to even read the news, political or otherwise.

In contrast, I am myself in a good news place. I have a few leftover health issues as I leave behind the bout of respiratory issues (Covid’s legacy) but am otherwise full steam ahead.

Because I am so busy I find myself offline and missing things. It’s all good news in my world. And then I come back online to check feeds and it’s just all bad news.

I feel the privilege of it but I am also proud to have this stability. We made choices so our lives could be this way. We value preparedness and the calm that comes from planning.

I wish more people could live this way. Focus shouldn’t be reserved for a select few who can make good big life choices. That can be luck of the draw.

I do believe however it’s possible for many more of us to narrow focus so we can let small good choices compound. It’s good to appreciate the value of limiting your attention to your own priorities.

There is an argument to be made that only once you have steadied your own life can you look outside. Given how crazy the outside world can be give yourself the chance to have good news in your life. There will always be bad news.

Categories
Aesthetics Politics Preparedness

Day 1362 and Hilux Drip

The right to repair movement is a worthy effort fighting the banal evil of planned obsolescence.

If you aren’t familiar with the term, it’s an economic and industrial design strategy to deliberately make products with shorter functional lives to “shorten the replacement cycle” aka make you buy a new one.

If you are a user of Apple products (as I am) then you are probably familiar with its reputation for degrading service. They are paying out to the tune of 500m for the practice.

But right to repair issues and planned obsolescence doesn’t just happen in electronics. It’s a problem in auto repair and home appliances too. Repairing a broken part can be more expensive than buying a new item.

And it’s getting worse. Computer chips are now in everything from your refrigerators and dishwasher to your car. Consumers reasonably loathe the increased complexity and challenges of repairing major purchases when everything is “smart.”

At this point I’m willing to pay more money for appliances with zero smart features and physical controls for everything. @ Kelsey Hightower

And I fear most of our regulatory climate is dedicated to making this problem worse. When Japanese automakers first come to the United States their vehicles had longer lifespans so American carmakers were forced to respond by building more durable products. That was a positive thing.

But geopolitical tensions being what they are the, U.S. Commerce Department proposed a national security ban on certain Chinese and Russian-made car parts from U.S. roads The motive is to protect American consumers from digital surveillance and hijacking. But who knows what gets caught up in the effort as we could be allowing in parts that make it easier to repair our own cars.

If we learned anything from Japanese cars it’s that allowing competition was an unalloyed good. There are cars I wish we had in America like the iconic Toyota Hilux. Here is a synopsis from Perplexity on why the Toyota Hilux is considered to be so durable. It’s got a robust chassis, a simple design that is easy to repair, minimal electronics and high quality components.

But you can’t own a Hilux in America. Why? The “Chicken Tax,” a tariff on light trucks, was imposed by the United States in retaliation for tariffs placed by other countries on American chickens.

But maybe it’s good we Americans can’t have a light truck that is easy to repair and designed to last. The internet has a long lore of memes dedicated to the car’s use in revolutions. You certainly wouldn’t want Americans getting any ideas about that.

A viral parody meme about why the Hilux is the choice for insurgents

Categories
Aesthetics Politics

Day 1359 and Some Dirty Reading

It would appear I have pneumonia. Healthcare being what it is, doctors say there little point in doing clinical testing to find out if it’s bacterial, viral or fungal (unlikely given climate) as the treatment is basically the same. I did a round of antibiotics because why not. Nuke it from orbit.

I’m stuck in bed mostly, my voice comes in and out for the few calls I absolutely must take, and I’m bored and irritated as I would prefer to work though it as it’s exciting times. I’m sleeping like a champion as my Whoop records day after day of long nights of somewhat fractured sleeping are forced by cough medicine into submission.

Having had Covid at the end of May, I now fear being doomed to some degree of respiratory illness risk for the rest of my life though I rarely had so much as a cold in decades of living in a big dirty city. Global calamities leave uneven marks and I consider myself lucky.

The benefit of bed rest is the amount of reading one can get done. My favorite cultural publication Dirt did a Tech Canon overview to get must reads from the slightly more stylish emissaries of the Silicon Diaspora. No offense to Patrick Collison who initiated the discourse with his own list (which is quite good) but it’s good to think outside the empire’s core for the trendy extracurricular bits of the syllabus.

The Tech Syllabus via Dirt

As someone who self labels as a fashion bitch, I was pleased to contribute Neal Stephenson’s bitchy novella on abstraction and the graphical user interface called In The Beginning There Was The Command Line. It’s dated and old and free on GitHub so go read it.

There is quite a range on the list of core texts including a few books and essays that one could easily imagine being put onto banned reading lists. It’s nice that we have Heidegger Zoomers inside the pantheon now.

Schizophrenic philosophy posting is all the rage with the artificial intelligence kiddies. And to think I thought reading Deleuze and Guattari was a waste of time. Do your homework kids so you can discuss rhizomatic thought and large language models at your next conference. Perhaps you can dig into the war machine.

If I’m having a frail Victorian lady kind of week then there is nothing better than attending to the aesthetics of the moment and now you can too! Remember Alex Karp studied under Jürgen Habermas

Categories
Internet Culture Politics

Day 1356 and Sick Sad World

Current ways of knowing are (maybe rightly) under scrutiny. Some of us attempt to source truth by look backwards citing Chesterton’s Fence.

I’ve been skeptical of romanticizing the past as traditional ways of knowing can be bad cultures too. Sick societies are a constant companion of human nature no matter how we long for that Paradise Lost.

Maladaptive cargo cults are everywhere (Silicon Valley has dozens of flavors) and these superstitions ca. reproduce for generations if nutritional gradients are surplus.n

Noble savages are as silly a concept as high minded aristocracy. You probably know a few maladaptive emotionally sick types within your own communities.

Next on Sick Sad World

Remember the long running joke of Comedy Central’s Stephen Colbert? Truthiness. Emotive truthiness reigns supreme as “news-like” content bubbles in the Internet of AI slop battle out the truth of an issue not with verifiable facts but verifiable feelings. Which one is more maladaptive?

We were subjected to a week’s worth of BBQing content which was digested by the American psyche until we switched to the new cycle of a crazed would-be assassin and his failed attempt to kill former president Trump.

If so much of our society is maladaptive copies of civilizational failures, the best any of us can do is pray we are humble enough to see truth and we willing to adapt our ways to it.

Categories
Culture Preparedness

1355 and Critical Desalination Point

Being under the weather over the weekend, I’m watching comfort content. I like science fiction and big splashy science disaster porn.

I finally watched the 2019 Chinese “Wandering Earth” based on a short story by Liu Cixin

It was nice to see a big budget Chinese film with some modest Warrior Wolf diplomacy but it was mostly interesting because of the immense engineering projects and the scope of the thing.

I loved Roland Emmerich movies as a young woman. Splashy big budget movies that turned on goofy science jargon like “we’ve hit a critical desalination point!

Dennis Quaid is an Everyman scientist

Remember a time when NOAA scientists could be heroes? Yeah it didn’t work that great. Trust the science. Alas we don’t have the same respect for government scientists in the era before Covid. I wonder what it would take to save the world.