Steve Randy Waldman
@interfluidity.com

dear interweb, a month ago i went to an ER. recognizably the hospital chain billed abt $8000, which after insurance adjustments became $1100. i paid. more than a month later, a random provider i’ve never heard of bills ~$1500, adjusted to ~$600 for the same ER visit. do i really have to pay this?

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Steve Randy Waldman
@interfluidity.com

eventually he failed to prevent financing constraints from binding. it worked until it didn’t! there are others still upright on their surfboards.

in reply to this
Steve Randy Waldman
@interfluidity.com

if you can circumvent all margin limits and financing constraints, investing at very high beta despite negative alpha will eventually make you very rich. just don’t confuse a talent for generating hype to raise money and keep creditors at bay for industrial genius.

Steve Randy Waldman
@interfluidity.com

i confused it with this bicycle.

in reply to this
Steve Randy Waldman
@interfluidity.com

Jack Welch Thought is back! Looking forward to Meta becoming the new Boeing! ht @mariabustillos.bsky.social

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Steve Randy Waldman
@interfluidity.com

(thanks! i’m honored.)

in reply to this
Steve Randy Waldman
@interfluidity.com

(it was Kentucky but close enough!)

in reply to self
Steve Randy Waldman
@interfluidity.com

i feel like there should be shuffleboard then. is there shuffleboard?

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Steve Randy Waldman
@interfluidity.com

is this a lifestyle community?

Steve Randy Waldman
@interfluidity.com

📌

in reply to this
Steve Randy Waldman
@interfluidity.com

Musk bought votes, or pretended to by misleading people that he was conducting a “lottery” only likely swing state Republican leaning voters could participate in. His behavior this election makes it clear he has no respect for electoral democracy. It’s a game he can pay to win.

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Steve Randy Waldman
@interfluidity.com

for me the sine qua non of fascism is gaining support for potentially disagreeable actions by creating a sense of emergency about a class of people promoted as insidious enemy who must be confronted with determination and unity. drafts.interfluidity.com/2023/03/05/w...

What is fascism?

in reply to this
Steve Randy Waldman
@interfluidity.com

for now we have achieved Artificial Colonel Intelligence.

Steve Randy Waldman
@interfluidity.com

i also hope they don’t go there.

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Steve Randy Waldman
@interfluidity.com

maybe. i fear Trump stratifies the world by money, though, so Musk will be the influence he instinctually follows.

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Steve Randy Waldman
@interfluidity.com

it’s a scary time. but the connections between Trump, when he talks about immigrants as vermin or poisoning the blood, or Musk when he gets into replacement theory, and fascism are undeniable. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

that doesn’t mean they’ll go to the horrible extremes of the actual Nazis. the actual Nazis took years and entanglement in a bitter war to get to those extremes. it does mean there’s a dangerous slope we have to worry about. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

@zkat.tech "(or just a small shell script)" is my favorite parenthetical in a long while.

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Steve Randy Waldman
@interfluidity.com

#aspirational

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Steve Randy Waldman
@interfluidity.com

Trump started the policy shift against big tech they are so mad about! Biden (Kanter and Khan really just competently ran with his balls!) 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

But Trump is transactional. They bought him off. Progressives actually believe their own line, once they were persuaded tech was a problem (antitrust, misinformation, plutocracy), they can’t be bought. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

For Trump its no problem to be against TikTok, then for it, against crypto, then for it, against Facebook, then for it, against Section 230, then, well, we’ll see. 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

Musk and Yass bought Trump. It’s as simple as that. In 2016, Thiel became a prominent supporter, tech oligarchs shunned him. Now they’ve competed to bend the knee, to Trump and very explicitly to Musk. Bezos killed the WaPo Harris endorsement and talks up Musk’s supposed integrity. 4/

in reply to self
Steve Randy Waldman
@interfluidity.com

Musk has not only gone Trump, he’s gone Nazi. Andreeson too. Have tech oligarchs shunned him like they shunned Thiel in 2016? Can you name one? Is Apple pulling their ads from X again? 5/

in reply to self
Steve Randy Waldman
@interfluidity.com

I’m sorry. It’s the world’s most upscale Nazi bar. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

one way to overcome deflation without going "welfarist" in the way Xi (misguidedly) fears would be to fix this, and finance decent public health care. healthy people who need money for food are the best workers! subsidizing high quality medical care for all would make a sizable economic stimulus!

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Steve Randy Waldman
@interfluidity.com

history proves that while technological change does eliminate some traditional jobs, new, better, more productive jobs always emerge in the aftermath. for example, for every job AI destroys, two new jobs will be created in the guard labor sector.