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Community Finance Startups

Day 1070 and Allocating Personal Capital

As part the part of Twitter called TPOT comes into its own power the topic of resource allocation and how to route projects to sources of capital game up with Brooke Bowman of VibeCamp. It is a key question for Network State like entities that will need to navigate social ties.

I want to share how I do it as I’ve rooted some amount of capital across very different communities. I do it with some sets of intuitions I’ve gained from existing in a very powerful network of interests that are “The Silicon Diaspora” which is a syncretic coalition.

Much of it comes down to very specific context of what others are looking for in terms of outcomes. Investors with a specific thesis are much easier to work with for this reason. I try to express mine clearly at chaotic.capital and express myself actively through revealed preferences. I assume nothing is personal & everyone is working with some amount of emotional reactivity as it’s a human business.

A lot of it comes down to knowing who is a node in your network that can redirect it to someone who believes their resources can see a good return on their goals that are varying levels of abstract and personal. Skills and passions vary and this is good. It’s a mix of social capital, actual capital, and attention and it’s a giant game of inference

Some folks very good nodes and quite open to a range of different types of projects. Sometimes it’s just as simple as asking if they know someone who knows someone. I see a lot that isn’t in my own thesis but it’s in my own interest to pass it to others for whom it might be. The ecosystem approach has maximum strength when it’s played as a multi-agent pro-social game.

Also you almost never know someone’s full history so taking any reaction super personally is something I find to be too much for my own emotions. And I know a lot of history so if I can’t do it I try to make the presumption others can’t either. Be kind but clear.

That helps avoid a lot of accidental feuds that otherwise can ignite if you try to be delicate. I find transparent assessments of my own incentives goes a long way if I express it as part of my own reason for aligning. This is how I’ve worked with communities as diverse as back to the land doomers and crypto futurists to effective acceleration.

This is a fancy way of saying I don’t think “gossip” aka information sharing is actually bad but part of the empathy process of understanding what people want to work on and pay attention to in how they marshal their capital. You intake the values of your coalition and find shared ground. You keep their confidences by expressing collective goals. I try not to overweight my goals in that process. You have to do what’s right knowing outcomes are uncertain.

Showing you understand their context, their fears and their reputations concerns helps you. An act we denigrate in popular culture actually helps you to deepen the relationships as each signifier breaks down space between two people and builds trust. So don’t knock gossip. It has evolutionary, societal and individual benefit. Just remember the ultimate outcome is about bringing people closer.

Day 146 Gossip

I believe we are in an era where individuals can exercise significantly more agency because of the high leverage nature of the tools available to us. We owe much of this to information access and that is a wide coalition of people who are exercising basic freedoms to self determine because of this march of technology.

It’s my belief that freedom to compute is freedom of speech and these digital communities represent what I hope is more effective self governance through decentralization. We must build up the social trust amongst each other by showing we value each other’s interests. I believe this to be the right thing to do for each other. It’s the human thing too.

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Aesthetics Community Internet Culture Startups

Day 1066 and Behind The Scenes of Thousand Scenes Flourishing

We are living in an era of competing totalizing narratives. We assign Jungian archetypes and monomyths to complicated people and complex situations with many variables.

We ship relationships and stan fandoms even as the meme message is that we should be shipping code and forming bonds with other people with agency.

Remember that hyperstition is about bringing a reality into being. We have agency to impact the world we live in. We have more control than ever and anyone can get leverage.

I’m so inspired to see how many communities are facing an uncertain future head on. Sure we’ve had schisms and it’s easy to judge someone else’s sincere revivalism with crass cynicism.

I prefer an optimism about what we can all accomplish when we compete to serve a need better than anyone else. I like specialization as the more knowledgeable that is dispersed widely beyond a priest cast the better we seem to do as a species. A whole world of people is calling to you to own more of the future personally.

You may wonder what you can contribute. And sure some actors are massively more agentic. I never thought I’d be in that rare class and yet I can contribute meaningful to dozens of aligned projects. It’s important to avoid dickriding. Don’t make up stories about your betters. Or at least try not to believe them.

You can be personally better yourself. You can accelerate. Now is the time to arm yourself with leverage as the world shifts. Be wary of messiahs and mercenaries but also know action is expensive.

Strong organizations have healthy value memetics. “Just Do It” frames a broader truth that humans take in a context of millions of other agents. Action is disproportionally powerful when people just play their role.

I fight nihilism. I’m not eager for the end of humanity or our civilizations. I want our flourishing. But neither am I attached to a static vision of my humanity or yours. In the image of God gives quite a bit of latitude for our species’ evolution.

Categories
Community

Day 1065 and Agency

I consider it a positive that the topic of having agency is having a resurgence in many communities with diverse worldviews. The one throughline is that we can shape our world no matter how hopeless odds may seem. All we can do as humans is try to make tomorrow better than today. Optimism has many flavors.

There are many ways you may personally find your own locus of control in your own life. And by locus of control I simply mean tangible things over which you have actual control.

Up don’t mean “monitoring the situation” though I myself doomscroll plenty. I mean deciding that you can impact something by making it happen. You own a thing. Maybe it’s only a small radius over which you have impact. Maybe it’s broad and narrow. Markets have lots of niches for everyone.

I myself take comfort in leaning into what I can do with my skills. And my skills are unique. I am specialized but also don’t mind learning something new. I try to cultivate what they call a high degree of openness. Even though I’m not sure if always do. I trust my capacity to change when believe I can lean on others if I show myself to be capable of delivering in small ways within my specialities. Coordination brings about trust over time.

Don’t assume your betters or the “men in the arena” or someone in charge will handle it. Maybe you are the one who can fix the problem. Maybe you have seen something no one else has.

It’s also possible you are wrong. Don’t be insulted if you need to prove yourself. You should expect others to prove themselves too. Strong networks forward along information to others who show themselves to be trust worthy.

So don’t be tempted to look down on anyone’s choices. We’ve all got to balance human needs which have limits and human wants which are infinite. Not everyone is going to be happy. But we can do our part to own what is real in our own world. Reality is a collective project.

Categories
Internet Culture Startups

Day 1062 and Just Go

I’m writing this as I wait to board an airplane from Bozeman to San Francisco International. In the spirit of taking more actions I am applying more acceleration to my own daily life. If you’d like to discuss e/acc #FreedomToCompute I’ll be around in the city and you can expect to see me at some events.

It feels unusual just hopping on an airplane. It was a behavior that I took for granted in pre-pandemic life. The golden age for the early adopter consumer internet and the low interest rate phenomenon of the post Global Financial Crisis meant I could hop a flight from NYC to SFO and arrange an Airbnb or HotelTonight while in the security line.

It’s a little more challenging now if you don’t come out of the last cycle with a few wins. And judging by the fullness of the flight and its demographics others are seeing San Francisco as the center of a lot of activity in making sure they win the future.

Leaning into the future coming fast is a consensus view. Everyone is contesting space and the virtual world of the global internet is a powerful constituency. It’s just important to remember that even as we’ve mediated a lot with these tools sometimes you have to validate in person. Humans are just wired that way.

Categories
Community Culture

Day 1059 and Socializing

The hardest part of any holiday for me is the socializing. I enjoy spending time with our friends, neighbors and family. It’s just such a high cost activity.

The twinge of jealousy that I feel towards the extroverted and able body is real. I don’t necessarily want to change who I am. I’ve come to terms with my body’s limits and my own preferences. But I sure wish I could turn myself into a high energy extrovert without any health issues when I need it.

I feel drained from the short round of social interactions I had over the past few days even though I enjoyed every minute of it. I just see it in my biometrics.

My heart rate variability dipped into the teens. I got blinking reds on on stress, energy and health on my Welltory monitor. Whoop is recording high strain scores despite me doing little but sitting and talking. I have been sleeping 9 to 10 hours a night for over a week.

I suppose acceleration is tiring. But oh how I long to not have the normal pleasures of life be so damaging. Because I am going to chose my passions over socializing. It’s much easier to justify my work and spending my energy on my portfolio of startups. Advocating for causes close to my heart. If I have a limited budget I rarely chose to spend on the pleasures of company or socializing.

Categories
Internet Culture Politics Startups

Day 1058 and Battle Plans

The sense of anger, frustration and disappointment in Silicon Valley startup circles over the current regulatory mess around artificial intelligence and compute limits is intense. #FreedomToCompute is resonating.

As with any new technology there are invested interests, naysayers, panicking and paranoia. Which would be enough to make us remember past battles over encryption and privacy. This time we’ve got the cherry on top of existential risk.

While I agree that artificial intelligence is a technology that will have many risks, I tend to think of them as of the more quotidian types like algorithmic bias. We cannot allow incumbent powers to centralize a new technology that can and should benefit us all.

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.

We oppose all attempts to restrict computational power and envision a world where we all have the right to build whatever we can dream.

#FreedomtoCompute Julie Fredrickson

Categories
Startups

Day 1055 and Shipping

All of startup world has spent the last few days wrapped up in the drama of OpenAI and why the board fired Sam Altman.

A theory I’d like to float (seriously but not literally) is that we are in the middle of a massive scissor statement war between “acceleration” and “deceleration” and we’ve assigned Jungian archetype champions & simple “just so” stories to the players.

There is very little nuance when you seek to find meaning in a situation by narrative alone. Recall that divide and conquer is an effective control technique and Silicon Valley is finding it must choose sides. Perhaps this is by design.

Everyone is overthinking this whole OpenAI debacle. The real explanation has been staring is the face for weeks.

Be concerned, be very very concerned.

Bojan Tunguz
I expect AI to be capable of superhuman persuasion well before it is superhuman at general intelligence, which may lead to some very strange outcomes

I think the “super” human part is how super stupid we are as a species when it comes to smoothing narratives and hero worship. We are easily persuaded by stories we recognize. This meme summed it up nicely.

Memes are just 21st century Jungian archetypes.

If you had an artificial intelligence trained on every single biography, history & public relations campaign in written history (let’s entertain the notion Altman did) wouldn’t this hijacking of narratives & assigning of fables be what it would do?

The vibes of Silicon Valley were checked. To make a joke about all the fan fiction we’ve collectively co-written on social media, we shipped the marriage of e/acc and Sam Altman. We shipped Altman and Brockman as loyal cofounder technology brothers in arms fighting for acceleration.

We told stories and made heroes and villains of the two narratives. Even though many of the factions in e/acc absolutely had criticized the regulatory capture approach of OpenAI. But once it was a choice between acceleration and deceleration sides were chosen.

When it was presented as a binary choice most chose a side on this easily. Acceleration is better on average than deceleration. I believe that too.

I have a lot of caveats and nuance in that choice, as I bet most people who work in artificial intelligence and Silicon Valley probably do. Yes change is hard and no change is without risk. Time marches on.

If it’s one or the other, sometimes people get irreparably split off entirely by the scissor. Be skeptical of this. Don’t separate yourself from people you know to be of good faith and conscience.

The only way we achieve anything is by doing the other kind of shipping. Ship your code, ship your product, make things and get feedback from people. Hero worship and archetypal battles don’t matter as much as taking action in your own life. Build things for yourself and for other people. That’s a human goal.

Categories
Aesthetics Culture

Day 1053 and Revivalism

You’ve gotta have faith.

I am a little surprised to find myself discussing what appears to be a genuine revivalist movement from all walks of life.

“This particular corner of Twitter” is neo-Shakerism. The singularity is always coming is coming for the computer nerds. The rationalists are pitted against futurists. Steely realists admit to having woo sensibilities about the nature of reality.

But we are also being subjected to surprisingly archetypal forms of the hero’s journey in every single news story and social media narrative at alarmingly rapid rate. A rational man is going to want to wag the dog. We do a little kayfabe. The crowd cheers its hero.

But also mere men are elevated to strange statuses. You can believe in a cause but be unsure of the martyrs and mercenaries that fight for it. I feel like if you were really that horny for the Roman Empire you’d have more dates handy on Caesars and the savior and be a little less focused on the Gladiators and the bread and circus.

But we’ve got people who can conjure fire and this time it’s not priests but machine learning engineers who write fan fiction about British Boarding schools that are in charge. The biggest dork you know gets to summon God. It’s not that irrational to worry we’ve summoned elder gods isn’t the of the divine right? Folk stories have some meaning right?

And like sure Bayesian inferences says maybe you should worship a Flying Spaghetti Monster. I say watch out for those Babylon death culture memetics because we didn’t have the right inference field about the sun for most of history. The trickster god can be summoned as sure as the devil. Lets remember information hygiene was not good for most of history so it paid to have some prejudices.

Nevertheless the worship of men has gods has generally been iffy. And so, and I can’t entirely explain it as evidenced by the rambling writing in doing this weekend, but the hive mine of the Internet feels like a real team effort at controlling popular opinion about the arrival of the promised land.

And sure I have recency bias. While I was in Amsterdam for the Network State Conference I was missing a gathering of what amounts to Christian hippie revivalists. Another node of my network that m feels adjacent to both technology and culture was at a Catholic divinity school in Washington D.C. Meanwhile my feed makes whisper jokes of mystery cults and computational power. Worship is powerful. I’ve talked to all sorts of rationalists into new forms of woo and, magic. We speak of queens and divas and witches. Everyone is sure that something is coming and they feel the divine.

It’s within these networks of social organization and belief where I see clashes of power and organization. There are political theorists and economists contending with what a centralized higher authority might do make for more efficient resource allocation. Appeal to authority! We have any number of radical thinkers who are essentially rogue elements of human consensus who are if they seized with a little bit of “agreed on common good” we can revolutionize how we do resource allocation. Central planning is so scientific. Tith!

I feel a little bit like the drama of everyone having access to social media has made us all participate in elaborate fan fictions about who moves the world. I see all over my timeline Zoomers staning over Schopenhauer and Heidegger and Kant as if they were secret movers of history. And they are.

We’ve got a genre of signalling on the internet where if you find a theorist whose mother wrote a nasty letter to him for being socially awkward you’d get people discussing general trauma dumping. Did you understand that? I’m sorry to say you have brain worms and you’ve been trained on a steady diet of rebellion and empire. Be safe out there.

Categories
Media Startups

Day 1051 and Wild Speculation

My timeline got absolutely imploded by the news that Sam Altman has been fired by the board of OpenAI. I’ve got so many priors and biases and you probably can guess at some of them. Others I hope I’ve played a little closer to the chest. I do not know what happened.

Everyone in Silicon Valley is going Matthew McConaughey paranoid smoking conspiracies

I do think we’d know more about what the fuck was going if we had the kind of reporting that was a little more shoot from the hip and a little less tsk tsk regime. I’ve never missed Valleywag more.

I do think it’s been an impossibly weird week and everyone is as reactive as it is possible to be. Silicon Valley has always had factions and drama and the Federal government breathing down its neck. So this feels like a little bit of the same cycle of power and drama that we’ve always had. No one is ever an angel and the devils are often unexpected. It’s best not to make a martyr out of mercenaries. Just don’t be too sure you know what army you’ve been drafted into.

Categories
Startups

Day 1047 and Risking Resets

Apparently the last year has been an “annus horribilus” for startups. Kate Clarke writes in The Information.

If 2022 was a year of shock and denial for tech founders and investors as stocks collapsed, 2023 was a year of acceptance of their harsh new reality.

Kate Clarke “Startups’ Annus Horribilis—and What Comes Next”

Maybe I never got over my skis, but I don’t feel like I went through shock or denial as capital markets tightened. I remember a world before interest rates were low. I remember bad times. I have memories of bankruptcies and struggles to raise capital.

I was a teenager watching my father when tech crashed the first time. I was living in San Francisco working for a venture backed company that had acquired my startup when Sequoia said RIP good times and the global financial crisis unfolded.

Maybe the elder millennial timing of my life wasn’t as shitty as we thought. The constant crises were the norm. Unlike Gen Xers I never had a fear of selling out. I was much more interested in finding a way to survive. And I was disappointed to learn that the institutions didn’t really offer that anymore.

When I had good luck I didn’t think my accomplishments were my own. I mostly thought of them as accidents of survival. Praying for exits was less of a joke and more of a bitter reality. And when they did come it was a surprise.

I have made my peace with the risk of resetting the chess board. My optimism has always been tempered by expectations of crisis and chaos. I might even believe it’s for the best.