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Finance Politics Startups

Day 1987 and You’ll Shoot Your Eye Out

As a school child, I was taught that the American constitution and our bill of rights protects our inalienable rights (given by God) from the government. The government doesn’t protect us. We wrote protections to guarantee our rights from the government m.

Yet you’d be hard pressed to find anyone pitching a government law these days that isn’t wrapped in logic about us needing protection from the world. Our laws now protect the American people from worldly fears.

Precious few of us discuss needing protection from the government in order to exercise our rights. The government protects us from the world’s many from dastardly threats. We don’t care so much about protecting our rights from the government anymore.

Protect the children, consumers, workers, businesses taxpayers we plead. Save us! And lawmakers respond in kind. It’s for your own good might as well be the nation state’s motto.

And what do we have to show for it? Are we freer? Do our financial systems enable life, liberty and the pursuit of happiness? It sure doesn’t seem like our recent track record is working well. Have the last two crashes and subsequent legislative responses led to a more productive prosperous economy?

Sarbanes-Oxley (and the enormous growth of private venture capital) mean companies don’t need to go public anymore, and prefer not to given the compliance cost.

Which of course means the small private investor has zero chance to grow assets like the already wealthy routinely do.

I scan 20 years of tech life, and can’t think of a single instance of regulation actually improving anything for the everyman user/investor

Antonio Garćia Martinéz on Twitter 6/9/26 regarding Databricks raising a series M at a reporter 165B valuation

You used to be able to buy an initial public offering for a startup and grow with it. Now most of the gains are in the private markets. So if you were a SpaceX private investor you might have a great summer but it’s hard to say if you will want to buy the IPO.

It all reminds me a little bit of my favorite Christmas movie A Christmas Story. The movie follows a young boy and his family’s misadventures during Christmastime in 1940. He wants a a Red Ryder Carbine Action 200-shot Range Model air rifle for Christmas. Everyone from his mother to the mall Santa Clause insists “you’ll shoot your eye out!”

Ralphie is disappointed by Santa Clause saying he’ll shoot his eye out if he gets a BB gun

Now I don’t want to spoil the movie but let’s just say that the kid doesn’t come to any harm despite getting his wish even if there are a few moments of fear and regret. Because ultimately he’s a responsible kid and it’s a BB gun.

I’d hope we continue to conclude that Americans are responsible people. Sure BB guns, frontier large language artificial intelligence models, and investments in the stock market all come with risk. But isn’t a life with Christmas magic, helpful compute and capital gains worth it?

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Politics

Day 1689 and Drumhead or Not Rushing To Judge What We Don’t Know

I wonder how much of the moral education of Americans comes thanks to Gene Roddenberry. Star Trek is a very American show. It was pitched to Desilu Studios (owned by Desi Arnaz and Lucille Ball of I Love Lucy fame) as a space western.

The cowboy frontier spirit of Captain Kirk has an honor code based on the worthiness of exploration. When the millenials got a reboot in the Next Generation, Captain Picard added the gravitas of excellence through the pursuit of the truth.

It’s hard to think of a show that embraces an anglosphere manifest destiny with more vigor and it is grounded in the enlightenment values of science and moral philosophy. It’s a very American show.

I was watching a fairly minor TNG episode while eating today The Drumhead. An ambassador starts a witch hunt insinuating treason. Apparent drumhead courts were a military summary judgement court.

A legal drama ensues where Picard quotes the ambassador’s father famous words about the dangers of denying basic rights to even one man in the name of protection of society makes us all less free.

Feeling rather on the nose for the moment right? Picard reminds Worf as it wraps up the witch hunt being proven a lie, that those who cloak their misdeeds with the pretense of serving a greater good are often the most difficult. Spreading fear and mistrust in the name of righteousness must be guarded against.

“Vigilance, Mr. Worf. That is the price we have to continually pay.”

We have a chance at preserving and expanding the enlightenment values that brought our species to this moment, an American moment, by enabling more of us. We can educate ourselves and access the world and the many virtues to which humanity has aspired to by working hard to master them ourselves. This is the empowerment of compute.

We have tools available to us to be vigilant in what is the great good of civilization we wish to protect in an open, decentralized and networked internet.

That we can at scale train a new inference search capacity for the sum of our knowledge and reality is a utopian reality even Gene Roddenberry didn’t dream we’d have.

Don’t rush to summary judgement in fear over the future we can build with protocols and networks that can be encrypted and decentralized. That we can model them with artificial intelligence, and by asking questions well, get back information, code and even machine and biological diagnostics is a huge achievement for our species.

To push the fear of the greater good over its consequence can go from legitimate concerns to a drumhead summary judgement quickly. Risking the freedom to use something that is both just emerging and even in that infancy so promising. That it is helpful in the now seems to showcase both western traditions and enlightenment values.

It’s an American ideal that we must all be free to think and speak the truth, search for the truth and can calculate and provide a mathematical proof of truth that needs no trust because it can be know. We have a right to compute.

Artificial intelligence solves problems now. It’s better than humans now at many types of tasks even as it still a new tool and unrefined and even brittle in its capacities still. It’s took only as good as its craftsman’s understanding of it and we are still learning how to build it.

Artificial intelligence can give us the internet we deserve. I support the right to repair movement because I believe we should know and seek the freedom to own things we have purchased and modify them.

Right now AI helps humans can solve immediate problems from tractor repair to wound care. Maybe machines get better as we get better at using them because we do it with them. We figure things out by building.

Don’t let your worldview be constrained. You can know the freedom of living in a society that values your rights. And the right to compute weaves together many of your most sacred rights. And if we infringe on it for some of us it infringes us on us.