Balaji, a 43-year-old Long Island native who goes by his first name, has a solid Valley pedigree: He earned multiple degrees from Stanford University, founded multiple startups, became a partner at Andreessen-Horowitz and then served as chief technology officer at Coinbase. He is also the leader of a cultish and increasingly strident neo-reactionary tech political movement that sees American democracy as an enemy. In 2013, a New York Times story headlined âSilicon Valley Roused by Secession Callâ described a speech in which he âtold a group of young entrepreneurs that the United States had become âthe Microsoft of nationsâ: outdated and obsolescent.â
⌠a couple of thoughts from reading this far
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This is not the first time it has occurred to me that everything wrong with Silicon Valley is Stanfordâs fault
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Silicon Valley folks think itâs self-evident that far-away Redmond is evil, and that this is just as obvious to everyone else as it is to them
The thing Iâve always hated about this justification for UBI is that it assumes AI will become a thing that 1. works and 2. whether it works or not (it doesnât) wouldnât immediately be weaponized by the rich against society generally to get rid of any UBI and explicitly murder as many âsurplus" people as possible.
Detroit is being turned into a tourist spot, I think. And the auto factories in the city and its environs are still puffing out pollutants, causing respiratory and other health problems to the folks within the neighborhoods around them. But thereâs a lot of environmentally positive things going on here.
And before the auto industry here, there was the stove works! Some are still in use, I do believe.
https://historicdetroit.org/buildings/garland-stove
Who knows, it could become the E-bike or E-car capital of the world, lol.
Starbucks piles whipped cream atop CEO pay problem
Few financial decisions are as vibes-driven as CEO pay. How much is too much is mostly a question of whoâs counting and what itâs measured against. Starbucks, for example, is paying new boss Brian Niccol a potential $145 million package that, at first glance, seems like the boardroom equivalent of a venti caramel ribbon crunch Frappuccino.
People like that climbed the ladder, kicking most everyone coming up behind them, occasionally riding on the backs of others; and when they get to the top, they pull up the ladder.
Too many folks out there like that nowadays. More evidence for homo sapiens being an evolutionary mistake.
Mining companies are the worst. Oil, banks, arms, those are all small potatoes compared to the size, scale, and reach that mining magnates give to their awful fuckery.
Now, JPMorgan will limit junior banker hours to 80 per week in most cases, as confirmed by the company to Fortuneâa first for the bank.
This is in addition to the companyâs existing âpencils downâ period from 6 p.m. Friday to noon Saturday and a guarantee of one full weekend off every three months.
Earlier this year, Leo Lukenas III, a Green Beret turned Bank of America investment banker, died of a blood clot while working more than 100 hours a week on a $2 billion deal at Bank of America.
Although the company had already reviewed and capped employeesâ hours (after an intern similarly died after working multiple all-nighters in a row a decade ago), those policies are still often violated today.