Steve Randy Waldman
@interfluidity.com

“Positive-sum solutions to multi-period stag hunts select for time consistency more than cost effectiveness.” @akhilrao.bsky.social akhilrao.org/blog/2025/07... remarkable insights what leadership and coordination actually entail, in the dry language of game theory. except with death cults. 1/

Selecting for time consistency

Steve Randy Waldman
@interfluidity.com

project designs demanding “unnecessarily” expensive commitments, work to ensure partners highly committed to shared values, can augur success in ways that seem irrational, inefficient, dumb to reviewers who imagine a dictator with a Gantt chart can just get every participant to play their part. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

“The rise of Whatever” @eev.ee eev.ee/blog/2025/07... i’ve complicated, still mixed, views abt LLMs, whether what comes of them can be good despite much evident awfulness (“slop”). but the “whatever” thesis perfectly captures what happened to the web and crypto. and yeah, LLMs are whatever machines

Link Preview: 
The rise of Whatever: This was originally titled “I miss when computers were fun”. But in the course of writing it, I discovered that there is a reason computers became less fun, a dark thread woven through a number of eve...

The rise of Whatever

Link Preview: The rise of Whatever: This was originally titled “I miss when computers were fun”. But in the course of writing it, I discovered that there is a reason computers became less fun, a dark thread woven through a number of eve...
Steve Randy Waldman
@interfluidity.com

i guess my lean towards (a) comes from a kind of qualitative empiricism, at best. year by year growth numbers aren’t reliable, but China’s share and increasing dominance in important sectors doesn’t require a well calibrated horserace to observe. 1/

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Steve Randy Waldman
@interfluidity.com

that doesn’t mean China’s successes render its model superior in welfare terms! (there were lots of things the Soviet Union ill-advisedly produced a lot of, “dominated”). 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

traditional growth measures are intended in a neoliberal context to obviate the question of “are we producing the right things?”, because markets optimize, then adding dollars spent on new production makes scalars, the value of “best uses” that we can rank. 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

but i think rentierism in the US, persistent high mark-ups embedded in those numbers we sum, have weakened the historical correlation between GDP and welfare. 4/

in reply to self
Steve Randy Waldman
@interfluidity.com

so i think on both sides, our numbers aren’t what we want. they are overtly massaged on one side. they are undermined by structural change despite consistent, earnest, econometrics on the other. 5/

in reply to self
Steve Randy Waldman
@interfluidity.com

so ultimately we have little choice but to rely on course, qualitative observations, and impose our own weightings on them. 6/

in reply to self
Steve Randy Waldman
@interfluidity.com

does the military heft and/or generalized physical-world capacity that comes with shipbuilding overwhelm the cost in all the services thousands of workers in shipbuilding might otherwise supply? 7/

in reply to self
Steve Randy Waldman
@interfluidity.com

i have a view, but it could be wrong! still, i don’t think there is anything we can straightforwardly measure to decide the question, even if the measures weren’t massaged. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

rule by law depends on it being a norm among those with the power to enforce laws and norms!

in reply to this
Steve Randy Waldman
@interfluidity.com

Thread by @sjshancoxli.liberalcurrents.com. (I lean towards (a), see drafts.interfluidity.com/2024/08/13/c... and the industrial policy pieces linked beneath it. but (b) could be right. it’s a continuing debate!) 👇

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Steve Randy Waldman
@interfluidity.com

we are governed by laws or we aren’t. some small social media company should sue. will even this Supreme Court claim a President can not only refuse to enforce a law, but affirmatively impose a regime in defiance of it?

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Steve Randy Waldman
@interfluidity.com

oh yes. where’s the unpleasant laxative that would drain our ugly mess?

in reply to this
Steve Randy Waldman
@interfluidity.com

probably the best i got, so thank goodness!

in reply to this
Steve Randy Waldman
@interfluidity.com

yes! a pleasant surprise!

in reply to this
Steve Randy Waldman
@interfluidity.com

you get fun pictures!

in reply to this
Steve Randy Waldman
@interfluidity.com

celebrated the fourth this year with a colonoscopy. felt about right. doesn’t look like i have colon cancer. maybe there’s hope for my country as well.

Steve Randy Waldman
@interfluidity.com

it’s hard to be an institutionalist when these are the institutions.

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Steve Randy Waldman
@interfluidity.com

so, tomorrow is the 4th of July.

Steve Randy Waldman
@interfluidity.com

i hate feeling this way. but my god, what those motherfuckers have done today. and the “supreme court”.

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Steve Randy Waldman
@interfluidity.com

ask Mikhail Khodorkovsky, Boris Berezovsky, etc.

in reply to this
Steve Randy Waldman
@interfluidity.com

no guard rails. www.bloomberg.com/news/article...

Link Preview: 
Supreme Court Clears Trump to Send Migrants to South Sudan: The US Supreme Court said the Trump administration is free to send eight migrants to South Sudan, rejecting a judge’s interpretation of a recent high court decision.

Supreme Court Clears Trump to Send Migrants to South Sudan

Link Preview: Supreme Court Clears Trump to Send Migrants to South Sudan: The US Supreme Court said the Trump administration is free to send eight migrants to South Sudan, rejecting a judge’s interpretation of a recent high court decision.
Steve Randy Waldman
@interfluidity.com

because you can always rely on absolute power to keep what you take to be its word… sigh.

in reply to this
Steve Randy Waldman
@interfluidity.com

a thing i find weird is, was there even any meaningful debate on the whole new Gestapo thing? i know legislators talked about Medicaid, rural hospitals, deficits and baselines. but it seems like the new Gestapo was unproblematic, a shoo in, not any not even one of Republican legislators’ concerns.

Steve Randy Waldman
@interfluidity.com

#relatable

in reply to this
Steve Randy Waldman
@interfluidity.com

the Republicans will, in this indirect, kind of confusing way, provoke a crisis in Medicare and then argue the program is inherently broken and only some further austerity can “strengthen” it by “putting it on a solid foundation”. govern badly as proof that the state can do nothing good well.

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