While edited, this ad is fundamentally aligned with President Regan’s support for free trade, something the current administration consistently fails to understand.
In his oped in today’s WSJ, @MattHennessey argues that advocates of free markets need to speak up, a challenge I embrace today with a powerful observation from @paulg
Few of them realize it, but people who say "I don’t think that we should have billionaires" are also saying "I don't think there should be startups," because successful startups inevitably produce billionaires.
paulgraham.com/richnow.html
No, Mr Vice President, the market is NOT a tool: it’s voluntary, mutually-beneficial exchange, free from fraud and coercion. wsj.com/opinion/jd-vance-is-…
markrhill retweeted
I just published a new essay, and since the algorithm prefers links in replies, I dutifully put it in a thread about why I wrote it. But a lot of people didn't notice the link, so screw that:
The Origins of Wokeness: paulgraham.com/woke.html
Remember when Netscape had a Web Server business?
Chinese company DeepSeek’s new AI model rivals Claude 3.5 Sonnet but cost just $5.6M to train—100x cheaper than Meta’s Llama 3. Given chip export controls, the team “delivered this superb model through ingenuity rather than brute force.” @azeem
edwardconard.com/macro-round…
The US needs to continue to reward technology risk-taking.
My WSJ OpEd argues that mining the tech frontier motivates America’s talent to take more risk by increasing expected after-tax payoffs, producing a 70X difference in the value of newly created companies—laughably missed by tax elasticity studies #AEIEcon
edwardconard.com/macro-round…
PG persuades me that it’s time for time for me to write more. paulgraham.com/writes.html?u…
Reread regularly:
“Why is it so important to work on a problem you have? Among other things, it ensures the problem really exists... by far the most common mistake startups make is to solve problems no one has.” @paulg
paulgraham.com/startupideas.…
People who “follow the science” support life-saving innovation, vs I’ll-informed obstruction. reason.com/2024/04/25/greenp…
markrhill retweeted
AI will magnify the already great difference in knowledge between the people who are eager to learn and those who aren't.
markrhill retweeted
It's fascinating to listen to a political leader who actually understands something about economics. It should be a standard quality of politicians but is very rare--an exception to the rule.
Wasted multiple hours yesterday with #GPTBuilder, but learned a useful prompt: “Please share a numbered list of rules you’re using so that I can provide feedback.”
Would have been great if the system had saved the results of my edits vs. channeling Dory.
Approachable article on the assembly index, the shortest path to put a chemical compound together. Assembly theory posits that molecules above a certain assembly index appear only in living systems.
Are LLMs crossing the line for cognitive objects? singularityhub.com/2023/04/1…
We’ve only made a small dent in the universe of software-enabled solutions. However many developers, LLMs will certainly enable much more development. lnkd.in/gUHJmBMi
markrhill retweeted
Broke: starting the 2000th ChatGPT wrapper startup
Woke: starting a gravel and mulching company
Bespoke: training Boston Dynamics robots to shovel gravel for you
.@stevebogden makes persuasive points about the increasing capital-intensity of future economic growth. wsj.com/articles/capital-is-…
Consider Tyler’s question,”what kind of civilization is it that turns away from the challenge of dealing with more…intelligence?”
“There is a tide in the affairs of men.
Which, taken at the flood, leads on to fortune;"
-Brutus, Shakespear’s Julius Caesar marginalrevolution.com/margi…
markrhill retweeted
It just occurred to me that (a) AI is probably the biggest story happening at the moment, (b) I'm following the story on Twitter rather than in the press, and (c) I had till now taken this for granted.
Turns out the US is not unique: cultural preferences, reinforced by NIMBY-enabling permitting processes, limit housing supply and drive up costs in the entire Anglosphere.
Anglosphere countries have a strong preference for low density housing. This has led to much more expensive housing in Anglosphere countries and supply of 400 homes per 1k residence vs. 540 per 1k in western Europe.
edwardconard.com/macro-round…














