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Schild's ladder by Greg Egan is a pretty good novel for this. You have groups of people vying to collapse and try to coexist with a new but threatening form of nature, and I think both are treated as reasonable actors.

Most of Egan's work after his very early stuff believes deeply in post-scarcity humanity.

As of yet, the AI models doing important work are still pretty specialized. I'd be happy to pitch in to run something like an open source version of alpha-fold, but I'm not aware of any such projects.

I have trouble seeing LLMs making meaningful progress on those frontiers without reaching ASI, but I'd be happy to be wrong.


I think part of the problem/difference is that all "important work" needs to be auditable and understood by humans. We need to be able to fix bugs, and not just roll the dice and hoping that a lack of symptoms means everything is cured.

Even alphafold generated a bunch of slop,like impossible proteins and such.

Any chance of raising the paywall on this article?

I was quite enjoying it, but then the paywall hit me right in the middle of the chemical synthesis section.

I have no problem with you wanting to earn money from your work, but it's a bit odd to post an unreadable article to hn (odd enough that I assume it was by mistake?).


Apologies, I do kinda auto-repost my articles here without thinking whether they are paywalled (nearly everything I’ve written isn’t)

here is an unpaywalled link that anyone can access: https://www.owlposting.com/p/8157b515-56ce-40a4-a7f0-da6d46f...

edit: please subscribe if you enjoyed this! lots of really crazy articles + podcasts in this subfield are planned for the upcoming month :) all free!


Thanks, it was kind of frustrating especially as my first contact with a blog.

I'm not sure that I'd call [2] it not working out, just like I wouldn't call the equivalent pressure from the USA to dismantle medicare our public health system not working out.

The biggest issue with the scheme is the fact that it was structured to explicitly favour media incumbents, and is therefore politically unpopular.


Y combinator has funded a significant portion of the most harmful tech companies of this century. They're profoundly amoral, just like you'd expect from a profitable venture capital firm.

On the bright side, they also hire dang, so that's one against 100 million.


And the few that have gone public have done awful

https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...


Most of the bad ones IPOd in 2021, when there was a huge overvaluation of speculative tech companies... Marking performance since IPO is also a bit weird since it's kind of arbitrary date in the firm's history.

They have collectively had a return of -49% when the S&P 500 have had a return of 58%. It shows that all of the value went to the VCs and the public markets were the “bigger fools”.

It's surprising to me that investors have been so wrong about combinator IPOs. I wonder if this has been driven my retail, or by the expectation of a small probability of enormous success.

Oklo seems to have recovered thanks to the AI boom and they made a deal with Meta to deliver power fir their data centers. It looks like the best performing YC stock

Is going public the ultimate goal of every startup?

The goal of the startup doesn’t matter once they take VC funding. The goal of the investors is the exit - either via acquisition or going public.

The most likely outcome is failure, the second most likely outcome is an acquisition. Going public is a distant third


To be honest, I have personally funded almost all of the most harmful companies that are around today, too.

But that's because I funded pretty much all the companies via my investment in an index fund.

YC pretty much takes something like an index fund approach to startups: they finance a lot of them. So naturally they would also have a significant portion of what you deem to be harmful ones.


What part of buying index funds of public shares in a company (aside from direct investment, IPO or private placement which are not hallmarks of index funds) funds the company?

Thieves steal because they know a fence will take the goods of their hands. The fence will take the goods of their hands, because they know they can sell them on.

People buy into IPOs partially because they know a lively secondary market exists, where they can offload the shares later. Index funds are part of that secondary market.

Just to be clear, I don't think investors in IPOs are thieves. I'm just saying that you can legitimately say that the secondary market financies companies just as much as the primary market does. Perhaps a better example might be farmers selling to food factories selling to retailers selling to me. I never hand money directly to the farmers, but you can still say with a straight face that my purchase of bacon funds the pig farm.


No money reaches a company when you purchase shares on the secondary market. Unlike a purchase of bacon, where some amount of that money is passed along to the farmers.

Parliamentary question time is pretty good for that here in Australia, I'd recommend giving it a listen every now and again.


Yes and the Senate has a radio IIRC and you can listen to every discussion they have!


Public funding is kind of a cheat, but if we're gonna include them, I'd like to spruik that the ABC still technically has functional rss feeds: https://james.cridland.net/blog/2025/abc-news-australia-rss-...

They're no longer officially supported though.


I suspect that it would fail terribly, it wasn't until the 1900s that the modern definition of a vector space was even created iirc. Something trained in maths up until the 1990s should have a shot though.


A cube-sat casino is an interesting concept for sure.


Hmm. Has anyone ever flown a pirate radio blimp?


I don't think it would "solve" little any of the legal issues with Child Pornography (not if the owner lived on earth, at least), but it would make a great and politically convenient target for space to earth weaponry.


Oh, fully agreed. Orbital datacenters don't solve many to any engineering problems either, so I figure its adherents are as much into legal problem solving as they are engineering problem solving.


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