i hope that one day creating trillions in economic value for the world will be seen as heroic, as wealth creation is the only thing we know to increase life standards within the nation & globally
Seth Harp @sethharpesq
Nov 5
Typical psych profile of a tech oligarch: Born rich but with below average intelligence. Anxious, anhedonic, antisocial, disagreeable, humorless, disliked by others. Bland on the surface, but driven by an implacable mania and shrewd aptitude for making money. Entirely amoral.
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it makes a lot of sense that billionaires are put under intense pressure from the people similar to what they go through now, but demonizing the making of money and concentration of capital will be the downfall of the western world if we go down that path
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money is infinite, allocating it is the only hard part. people significantly overestimate the governments ability to allocate money. you could give the government infinite money and they would be completely incapable of doing what elon has done for just a few billions

Nov 6, 2025 · 7:33 PM UTC

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so if allocating capital is the only hard problem, how do we solve it? luckily this is already solved without flawed human intervention - if you made billions of dollars you are probably really good at allocating money and it's by far the best proxy we have
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for example the state spent billions in making internet more available and connected no one, for the same money elon connected the entire world to high speed internet. and he created wealth instead of destroying it! now he has even more money to spend on similar projects
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clearly elon is one of the best capital allocators in the world, and so any kind of redistribution from "the evil billionaires" takes billions from his projects that help people and puts it into government projects like connecting zero people to the internet
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now redistribution is not the biggest threat to prosperity world wide. regulation significantly outweighs it - people pay 4x what their rent should be because some people decided that their ocean view should stay and old buildings are good. in big US cities you pay $2k/m for this
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building regulation, drug regulation, and energy regulation all destroy much more value than anything else you might imagine. all under the disguise of good intentions, we eradicate competition & innovation & profit margins
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Replying to @GabrielPeterss4
this dude is always either fucking dying of some random white people illness or posting the stupidest fucking shit man
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Replying to @GabrielPeterss4
You are wrong. It’s about unity of effort. Something that money cannot buy, which is why the government still sucks at it. Companies succeed because of individual and collective self-belief, and chance, largely. The more surface area you have for opportunity, the greater chance of success. Except there’s no convex optimization filtering to the right problems. That’s why everyone pivots to ads. You can control that and stimulate consumption. And yet, it could still be possible in your frame, but at what cost and to whom?
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Replying to @GabrielPeterss4
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Replying to @GabrielPeterss4
I wish the sora credits were infinite 🥹
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Replying to @GabrielPeterss4
Money is debt. Debt is not infinite.
Replying to @GabrielPeterss4
Because it is infinite and there are no opportunity costs does the government have trouble allocating it.
Replying to @GabrielPeterss4
You should not smoke anything right when you wake up brother it makes you stupid wait until nightfall
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Replying to @GabrielPeterss4
GIF
Replying to @GabrielPeterss4
bro wants the @gabriel handle pretty bad
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Replying to @GabrielPeterss4
Sounds like you have a particular government in mind lmao
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Replying to @GabrielPeterss4
klapaucius am i right
Replying to @GabrielPeterss4
My good sir. Money is not infinite.
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Replying to @GabrielPeterss4
Are jobs infinite? Saying money is infinite is meaningless.
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Replying to @GabrielPeterss4
chinese government found a different way, so far it's working reasonably well
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Replying to @GabrielPeterss4
> money is infinite geohot.github.io//blog/jekyl…

Money is the Map

A lot of smooth brains on Hacker News about the last post. I’m sorry if you spent your whole life worshipping money, but hey, the Bible warned you about false idols, don’t shoot the messenger.

geohot.github.io
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Replying to @GabrielPeterss4
The Weimar Republic would like a word mate
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Replying to @GabrielPeterss4
So glad the tide is turning on you retards
Replying to @GabrielPeterss4
What, Elon/tesla wouldn’t have survived without a 500M investment from the govt your assertions are flimsy at best and I’m a moron.
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Replying to @GabrielPeterss4
Wow you are not very smart
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Replying to @GabrielPeterss4
So did talking to the AIs nonstop for years make you guys psychotic, or were you always this way?
Replying to @GabrielPeterss4
Are you retarded
Replying to @GabrielPeterss4
Money is not infinite, and I won't bash you or anything cause I know this is not your area of expertise