Advocating socialism is a luxury paid for by the successes of capitalism.

A reminder:

“There is basically no difference between socialism and fascism.” — Friedrich Hayek

The UK is a great country with an extraordinary history. Our stagnation is real, but it's fixable and worth fixing. Enjoyed giving this talk at Looking for Growth last week and so encouraged by the optimistic responses I've had from people who are building a brilliant future for Britain 🚀

Here's a longer-term chart. The simple story is correct. Capitalism created Poland's miracle, and socialism created Venezuela's catastrophe.

google’s open source & research output basically built the modern ai + web stack: - chromium → most browsers - android → 3b+ phones - tensorflow, jax, tpu papers → shaped ml infrastructure - transformer paper → changed the world - mapreduce, borg, spanner, protobufs,

Some people want to ban billionaires. I love billionaires. They’re the last irrational actors left in capitalism. People don’t appreciate how difficult it would be to fund projects in longevity, space, fusion, etc without family offices and HNWs that can take crazy risks and

the average billionaire has provided more surplus value to society than a random pop star could conceive of

the uncomfortable reality is that ads fund the future. they are the only perpetual motion machine capitalism ever built. without ads, there’s no mass scale subsidy for free information, free tools, free research, free platforms, & free creativity. unfortunately every utopian

Capitalism > socialism

I think I accidentally witnessed a historic speech

I think the best example of this is North vs South Korea. The North stayed communist the whole time. The South liberalized its economy and immediately started peeling away. After Soviet support disappeared, North Korea got even worse and never recovered.

Capitalism is extremely good at mobilizing resources to solve problems if the rewards are clear. Government involvement in healthcare conspires to constantly move the goalposts. No wonder it's much easier to fund AI girlfriends than AI doctors. Talking to companies I work with

'If you live outside New York, your biggest worry should be what effect a landslide win might have on the Democratic Party nationally. If Mamdani crushes Cuomo and Sliwa as seems likely, expect a big push from allies like Rep. Alexandria Ocasio-Cortez (D–N.Y.) to revive the worst

Correct. Imagine hating this.

Unpopular opinion: self-made billionaires are great. More people should aspire to that level of value creation.

I’ve long said Florida is a 30-year project, not a three-year project, and one that will test the brilliance of federalism in ways that will make the Covid experiment look quaint. No matter what happens in New York’s mayoral election, it’s a reminder that where you live

Fuck him. Fuck this. Fuck anyone voting for Mamdani Brilliant immigrants + brilliant scientists + technologists have come to NYC because of Cornell Tech adding to the competitive ecosystem of Columbia + NYU to create life saving drugs and advance cutting edge tech for us all

Dear billionaires: next time you’re tempted to speak humbly that you were lucky, instead tell a story about how you worked long, smart and hard. You’ll be doing a favor to every young person who wants to know what it really takes to create at scale.

“The key need in policy-setting is to reverse the growth of government.” — Milton Friedman