I'm not sure I agree, but it's an interesting take! The EU does need more (overt) industrial policy, one way of incubating markets.

Fair 'nuff! But overall, do you view the US model, including especially its two key sectors, Wall Street and Silicon Valley, as success or failure? I'm pretty clear they are failure, no matter how much "GDP" or "wealth" people attribute to them. Countries should not want or emulate these things.

who wants champions? i mean maybe the EU or European countries do need to manufacture much better regulated hegemonic media to counter our hegemonic media. but broadly speaking, failure to produce champions is the mark of a healthy, not weak, economy. drafts.interfluidity.com/2024/09/27/i...

fascism pays for itself when you consider the mineral wealth of the Sudentanla… I mean, Greenland.

AI is has become a cargo-cultish shibboleth among politicians. Was for the Biden Administration, is for the Trump Administration, the UK is going whole hog. ( On the UK, see this excellent piece by @williamcb.bsky.social williamcullernebown.substack.com/p/big-tech-i... )

why? to earn a high salary that lets you live very comfortably but nothing extraordinary from Meta? i guess if you want to social media entrepreneur, you can hope to be acquirihired for something better than that while whatever you've built is crushed?

Are there any efforts in European countries / the EU to supplant US-based communications platforms?

The best lack all conviction, while the worst Are full of passionate intensity.

never apologize to me for being long-winded! it's a useful elaboration.

Rep Ogles discusses "eyeing Greenland".

we can't see the future. our base case always has to be muddling thru — turbulence sure, but things mostly remaining as they mostly have been. but if we crack, if we really do take a turn towards political violence, disappearings, camps, in retrospect it will seem we were astonishingly well warned.

given the success of $TRUMP and $MELANIA, what if somebody tried making a memecoin called $DOGE?

it’s the new chivalry! (or perhaps a very old one.)

man, we’re going to have the mother of all tourism booms when people learn that those on temporary visas are not subject to the jurisdiction of the United States, so it’s like “The Purge” for them. www.whitehouse.gov/presidential... ht @qjurecic.bsky.social

freedoms aren’t the issue. on TikTok owned by ByteDance, TikTok owned by Oracle, or X owned by Musk, in the US you can say what you want. it’s how the algorithm will shape what you and others see, and how it will spy, that is at issue. and on that, all of the above are comparably bad.

i have been aware of this for years — he'd say it was because 4/20 is marijuana day or something — and have never understood why others didn't find it more alarming. bsky.app/profile/inte...

the problem with entirely skipping the C step in the M-C-M' circuit is this: Sure, thanks to financial innovation, M-M' can yield a lot of M'. But if it becomes a trend, you may find that it can't actually buy all that much.