Balaji
@balajis
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Author of the Network State. Founder of the Network School.
The Network School
Joined November 2013
Anyone. Anywhere. $100k in funding. Global meritocracy is finally here.
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LAWYERS AS VERIFIERS. Use lawyers as AI verifiers. Here’s how. (1) First, tell the AI that it’s the named partner of the most capable law firm in your city, with expertise not just in corporate law, but tech startups, compliance, accounting, and the like. (2) Then, draft a memo.
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media → AI.money → crypto.military → drones.manufacturing → robots.
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Everything that Western states heavily regulate or subsidize has become more expensive. Everything that tech has reinvented has fallen in price.
The inflation is here, it’s just not evenly distributed. The areas tech touches (televisions, software, phones) have experienced hyperdeflation. The areas subsidized or regulated by the state (healthcare, education) have experienced real price increases.
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Yes. In general, the Internet shifts leverage from consumers back to producers. For example, AI lets anyone manage agents. Cryptocurrency lets sellers accept payments without chargebacks. Robots let builders scale with fewer resources. Because producers are much scarcer than.
I call this the “Zillow Effect” . Seamless online transactions increases demand while supply stays the same. Applies to housing, job applications, college applications, used items, concert tickets, dating, hot vacation spots, and more.
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This will be one of the main tensions of his century. Everyone wants their own walled garden. But everyone also wants the scale of the global Internet. We likely have both coexist — your own friendly servers and the broader digital world.
@balajis Very optimistic. However, the internet, long united, must divide. Doxxing, color revolutions, cybersecurity, LLMs destroying creatives, AI empowerment, dataism, terrorist drones on non-anons. all of it calls for balkinization of the Network. There's safety in walled gardens.
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Everyone is a libertarian on the Internet. Because it is simultaneously far more progressive and far more capitalist than any previous society. It is ultra-progressive because billions of people from every race, religion, and ethnicity are on the global Internet. Anyone can.
Time to debunk the “nobody is a libertarian” chart, since it’s going viral again. Anytime you see a heat map purporting to show that nobody holds a combination of economic conservative and social liberal views, you should be skeptical. They almost always manufacture that result.
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From the 2024 Financial Report of the United States[1] comes the understatement of the century:. > The total resources needed for all the programs sums to $175.3 trillion in PV terms. This need can be satisfied only through increased borrowing, higher taxes, reduced program
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The worst states in history revoked the human right to exit. The Soviets, the Nazis, the East Germans, the Cubans, the North Koreans…they did not let you leave.
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The right to exit is a fundamental human right. It’s equivalent to individual consent, and to communal self-determination. Even the UN recognizes this.
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Communism was slavery. That’s what 100% taxation meant. And they didn’t want the slaves to escape. But there is always an exit.
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Some say technology is anti-human. But humanity is actually distinguished from animals by its use of technology. Clothes instead of fur. Tools in lieu of fangs. Even cooking simplified stomachs. The expensive tissue hypothesis stipulates that each such technological upgrade
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I hope it will be a Golden Age. I know it will be a Bitcoin Age.
The US Dollar is worth 10.1% less than it was at the beginning of the year.
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Yields up. Dollar down. Gold near all time highs. Bitcoin near all time highs too.
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Different vantage points. From the standpoint of the AI, a senior engineer will surely prompt it more than a junior engineer. But from the standpoint of the org, a senior engineer will figure out a fix given only a one-line "prompt" from a coworker.
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