#hoffman — Public Fediverse posts

@barrettbrownlol.bsky.social @[email protected] fellas, here's some receipts re: certain #finance distribution - #epstein x #thiel x #hoffman #CIA #surveillance AI
@[email protected] breaks it down youtu.be/NNkSNt7qIOw?...

We Uncovered The Secret Scheme...

On June 16, 2026, Wired published a bombshell.

A secret elite society called #Dialog, founded in 2006 by billionaire tech investor Peter #Thiel and Silicon Valley entrepreneur Auren #Hoffman, had its internal membership records exposed online. The data was found by maia arson #crimew, the same Swiss hacktivist who discovered the U.S. government’s No-Fly List.

She found names, personal phone numbers, email addresses, birthdates, and emergency contacts of some of the world’s most powerful people, along with "talks" list that is...wow.

But it's a more important story than people realize. It's not just a ketamine fueled Bildeburg with talks on how to build a cult.

It’s where the regulated and the regulator meet without a transcript.

Wired: https://www.wired.com/story/leak-exposes-members-of-peter-thiels-secretive-dialog-society/

List of attendees available via source code on the dialog site: https://lingo.lol/@amyfou/116757181906556083

(edit to remove unreliable source, sorry if it pings you.)

On June 16, 2026, Wired published a bombshell.

A secret elite society called #Dialog, founded in 2006 by billionaire tech investor Peter #Thiel and Silicon Valley entrepreneur Auren #Hoffman, had its internal membership records exposed online. The data was found by maia arson #crimew, the same Swiss hacktivist who discovered the U.S. government’s No-Fly List.

She found names, personal phone numbers, email addresses, birthdates, and emergency contacts of some of the world’s most powerful people, along with "talks" list that is...wow.

But it's a more important story than people realize. It's not just a ketamine fueled Bildeburg with talks on how to build a cult.

It’s where the regulated and the regulator meet without a transcript.

Wired: https://www.wired.com/story/leak-exposes-members-of-peter-thiels-secretive-dialog-society/

List of attendees available via source code on the dialog site: https://lingo.lol/@amyfou/116757181906556083

(edit to remove unreliable source, sorry if it pings you.)

#LIU #YUJIAN #FOOTBALLER advanced-search.headlines-world.com/advanced-sea... #MENDEL #GROSSMAN advanced-search.headlines-world.com/advanced-sea... #COOPER #HOFFMAN aepiot.ro?lang=en&q=CO... aepiot.com

MultiSearch Tag Explorer

Reid Hoffman deja la unión directiva de Microsoft para acontecer al 'modo fundador' con la startup Manus #con #deja #directiva #En_resumen #Fundador #Hoffman #junta #Manus #Manus_AI #Microsoft #modo #para #pasar #Reid #Reid_Hoffman #startup #ButterWord #Spanish_News Comenta tu opinión 👇
https://butterword.com/reid-hoffman-deja-la-union-directiva-de-microsoft-para-acontecer-al-modo-fundador-con-la-startup-manus/?feed_id=83965&_unique_id=6a237b12769b9

Reid Hoffman deja la unión directiva de Microsoft para acontecer al 'modo fundador' con la startup Manus #con #deja #directiva #En_resumen #Fundador #Hoffman #junta #Manus #Manus_AI #Microsoft #modo #para #pasar #Reid #Reid_Hoffman #startup #ButterWord #Spanish_News Comenta tu opinión 👇
https://butterword.com/reid-hoffman-deja-la-union-directiva-de-microsoft-para-acontecer-al-modo-fundador-con-la-startup-manus/?feed_id=83965&_unique_id=6a237b12769b9

Livonia Stevenson baseball winning in playoffs for hospitalized coach https://www.rawchili.com/mlb/717151/ #Baseball #CadenGawkowski #ExtraInnings #Hoffman #LivoniaStevenson #MajorLeagueBaseballPlayoffs #MajorLeagueBaseballPostseason #MLB #MLBPlayoffs #MLBPostseason #NateHoffman #stevenson #TheSpartans #WesternInternational

https://www.contrariannews.org/p/paradise-lost
#Miller #stephenmiller #lies #alllies #approvalrating #polls #economy #economics #econ #inflation #federalreserve #fed #interestrates #centralbank #pce #expeditures #sockpuppet #warsh #kevinwarsh #maga #sexualabuse #epstein #epsteinfiles #sexualharassment #hoffman #adamdeanhoffman #paxton #kenpaxton #texasag #superrich #taxcuts #taxfairness #incominequality #taxation #taxes #whitesupremacist #afrikaners #incompetent #media #lackeys #republican #trump #trumpcrimefamily

creates semantic nodes and clusters #ANDREW #HOFFMAN headlines-world.com/advanced-sea... AÉPIOT: INDEPENDENT SEMANTIC WEB 4.0 INFRASTRUCTURE (EST. 2009): aepiot.com

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Amiga Cartridge Cecconoid: The Retro Collective Builds a Working Amiga Cart
#Amiga #Cecconoid #TheRetroCollective #Thalamus #hOffman #RetroGaming #Amiga500 #RetroComputing
https://theoasisbbs.com/amiga-cartridge-cecconoid-the-retro-collective-builds-a-working-amiga-cart/?fsp_sid=6260

Amiga Cartridge Cecconoid: The Retro Collective Builds a Working Amiga Cart
#Amiga #Cecconoid #TheRetroCollective #Thalamus #hOffman #RetroGaming #Amiga500 #RetroComputing
https://theoasisbbs.com/amiga-cartridge-cecconoid-the-retro-collective-builds-a-working-amiga-cart/?fsp_sid=6260

And #Hoffman gave up a grand slam #BlueJays50

#BlueJays50 why the fuck do they bring #Hoffman in for high pressure situations?? He keeps proving that is a mistake!

LinkedIn's Reid Hoffman joked about ice cream 'for the girls' in gift to Jeffrey Epstein: report

https://misryoum.com/us/us/linkedins-reid-hoffman-joked-about-ice-cream-for/

LinkedIn co-founder Reid Hoffman stayed at Jeffrey Epstein’s private island and at his Upper East Side townhouse, sent the dead pedophile ice cream “either for yourself or for ‘the girls,’” and once hosted him at a dinner with Mark...

#LinkedIns #Reid #Hoffman #joked #about #ice #cream #for #the #girls #gift #Jeffrey #Epstein #report #US_News_Hub #misryoum_com

Miguel Rojas reflects on life since his World Series Game 7 home run https://www.rawchili.com/mlb/577357/ #Baseball #count #Dodgers #FirstBase #Hoffman #HomeRun #KirkGibson #La #LADodgers #LADodgers #LastSeason #Line #LosAngeles #LosAngelesDodgers #LosAngeles #LosAngelesDodgers #MiguelRojas #MLB #plate #Rojas #slider #StrikeZone #WorldSeriesGame #year

Gotham City was rife with criminality. Residents were grateful for having the #DynamicDuo in keeping the villains and their henchmen in check with a punchup.
#Batman #CapedCrusader #Hoffman #Beechum
#BatmanFight 🦇

Gotham City was rife with criminality. Residents were grateful for having the #DynamicDuo in keeping the villains and their henchmen in check with a punchup.
#Batman #CapedCrusader #Hoffman #Beechum
#BatmanFight 🦇

Gotham City was rife with criminality. Residents were grateful for having the #DynamicDuo in keeping the villains and their henchmen in check with a punchup.
#Batman #CapedCrusader #Hoffman #Beechum
#BatmanFight 🦇

Gotham City was rife with criminality. Residents were grateful for having the #DynamicDuo in keeping the villains and their henchmen in check with a punchup.
#Batman #CapedCrusader #Hoffman #Beechum
#BatmanFight 🦇

Steal This Book, by Abbie Hoffman, 1971

https://en.wikipedia.org/wiki/Steal_This_Book

#books #book #abbiehoffman #70s #1970s #anarchism #anarchy #classic #hoffman #counterculture #activism

Steal This Book, by Abbie Hoffman, 1971

https://en.wikipedia.org/wiki/Steal_This_Book

#books #book #abbiehoffman #70s #1970s #anarchism #anarchy #classic #hoffman #counterculture #activism

Rarely does the mere filing of a #ballot #initiative scramble politics in California.

But the "#Billionaires #Tax" proposal is suddenly dominating the discourse
as proponents collect signatures to place it on the November ballot
— and wealthy residents, like Google co-founders
Larry #Page and Sergey #Brin,
move their assets out of the state rather than wait to see if it will pass.

The idea of taxing billionaires’ total assets
— a more aggressive idea than the income taxes California already levies on high earners
— has long captivated the left,
galvanizing labor and shaping presidential politics.

But now that
SEIU-UHW,
a union representing more than 100,000 health care workers,
has pushed the idea closer to reality than ever before,
California is getting a vivid glimpse of just how politically explosive the proposal is
and, for supporters, how high the stakes are for getting it right

The fight has reignited a struggle over the Democratic Party’s economic agenda in the runup to the 2028 presidential contest,
-- drawing vehement denunciations from Governor #Newsom and prominent Democratic donors like Reid #Hoffman

-- while being embraced by progressives like Ro #Khanna,
who represents Silicon Valley and is also mulling a presidential run.

Sen. Bernie #Sanders called it “a model that should be emulated throughout the country.”

“This isn’t radical. This is fairly simple. We live in the wealthiest country in the world and people are struggling,”
Liz #Perlman, executive director of AFSCME 3299, said on a call this week in which unions and progressive groups from around the country trumpeted higher taxes in all 50 states.

But beyond Perlman, the unions on that call did not necessarily embrace a wealth tax. And even Democrats championing populist economic messages are treading cautiously on this particular wealth tax proposal.

California Sen. Adam #Schiff, for example, signed onto a letter this week encouraging Democrats to “demonstrate a real willingness to take on corporate power and the billionaires” in advance of the midterms.

But Schiff has not yet taken a position on the proposal roiling politics in his home state.

https://www.politico.com/news/2026/01/16/wealth-tax-push-california-politics-00732882

Rarely does the mere filing of a #ballot #initiative scramble politics in California.

But the "#Billionaires #Tax" proposal is suddenly dominating the discourse
as proponents collect signatures to place it on the November ballot
— and wealthy residents, like Google co-founders
Larry #Page and Sergey #Brin,
move their assets out of the state rather than wait to see if it will pass.

The idea of taxing billionaires’ total assets
— a more aggressive idea than the income taxes California already levies on high earners
— has long captivated the left,
galvanizing labor and shaping presidential politics.

But now that
SEIU-UHW,
a union representing more than 100,000 health care workers,
has pushed the idea closer to reality than ever before,
California is getting a vivid glimpse of just how politically explosive the proposal is
and, for supporters, how high the stakes are for getting it right

The fight has reignited a struggle over the Democratic Party’s economic agenda in the runup to the 2028 presidential contest,
-- drawing vehement denunciations from Governor #Newsom and prominent Democratic donors like Reid #Hoffman

-- while being embraced by progressives like Ro #Khanna,
who represents Silicon Valley and is also mulling a presidential run.

Sen. Bernie #Sanders called it “a model that should be emulated throughout the country.”

“This isn’t radical. This is fairly simple. We live in the wealthiest country in the world and people are struggling,”
Liz #Perlman, executive director of AFSCME 3299, said on a call this week in which unions and progressive groups from around the country trumpeted higher taxes in all 50 states.

But beyond Perlman, the unions on that call did not necessarily embrace a wealth tax. And even Democrats championing populist economic messages are treading cautiously on this particular wealth tax proposal.

California Sen. Adam #Schiff, for example, signed onto a letter this week encouraging Democrats to “demonstrate a real willingness to take on corporate power and the billionaires” in advance of the midterms.

But Schiff has not yet taken a position on the proposal roiling politics in his home state.

https://www.politico.com/news/2026/01/16/wealth-tax-push-california-politics-00732882

What Toronto Blue Jays’ latest signing means for bullpen’s biggest question mark https://www.rawchili.com/mlb/486141/ #Baseball #Blue #BlueJays #BlueJays #Hoffman #Jays #Jeff #MLB #Toronto #TorontoBlueJays #TorontoBlueJays

Tigers reach one-year agreement with veteran reliever Kenley Jansen https://www.rawchili.com/mlb/476558/ #Baseball #Breaking #BreakingNewsSocial #Detroit #DetroitTigers #DetroitTigers #finnegan #Hoffman #Jansen #Jeff #JeffHoffman #Kenley #KenleyJansen #Kyle #KyleFinnegan #Mi #MLB #Neutral #news #Overall #OverallNeutral #OverallPositive #Positive #Social #Sports #SportsNews #Tigers #Vest #will #WillVest

#Trump could use "investigation" of #Clinton - #Summers - #Hoffman as pretext to hold up release of #EpsteinFiles

But this will not relieve pressure on Trump - Instead, it could increase it w many of his supporters demanding the files — & w victims seeking transparency, accountability, and closure

#Trump could use "investigation" of #Clinton - #Summers - #Hoffman as pretext to hold up release of #EpsteinFiles

But this will not relieve pressure on Trump - Instead, it could increase it w many of his supporters demanding the files — & w victims seeking transparency, accountability, and closure

Blue Jays never lost faith in George Springer after career-worst year https://www.rawchili.com/mlb/392326/ #Angeles #Baseball #Bassitt #Blue #Chris #ChrisBassitt #Dodgers #George #GeorgeSpringer #Hoffman #Jays #Jeff #JeffHoffman #Los #LosAngelesDodgers #MajorLeagueBaseballPlayoffs #MajorLeagueBaseballPostseason #Mariners #MLB #MLBPlayoffs #MLBPostseason #National #NationalSports #news #Overall #OverallPositive #Positive #Seattle #SeattleMariners #Sports #SportsNews #Springer #Toronto #TorontoBlueJays

Could Jordan Romano’s disastrous season be a career-ender? https://www.rawchili.com/mlb/312310/ #AllStar #Baseball #BlueJays #BlueJays #Closer #Hoffman #MLB #Phillies #romano #Toronto #TorontoBlueJays #TorontoBlueJays

I’m not mad. I’m just disappointed

#jeffhoffman #hoffman #bluejays #toronto #baseball #mlb #brewers

I’m not mad. I’m just disappointed

#jeffhoffman #hoffman #bluejays #toronto #baseball #mlb #brewers

#CSU #Hoffman

"Wir erleben im Moment eine einseitige Debatte rund um die Situation in Gaza, um den Gazastreifen. Und wir erleben einseitigen Druck auf Israel. Und das ist ja genau das, was die Hamas will"

Hört sich fast nach "Ist ja Schuld der Hamas, wenn Israel wiederholt Zivilisten in Gaza tötet oder verhungern lässt".

Man könnte kotzen, wie kann jemand nur so emphatielos sein ?

#Gaza #Israel #IsraelWarCrimes

On today's (6/16) show - A terrorist strike in MN. #Hortman. #Hoffman. Trump's parade vs. #NoKings. Incompetent media helps evil far-right MAGA. Senator Mike Lee is a douche-nozzle! A timeline. The #NoKings flyers. Why? How was he created? Comfort with the masses. https://soundcloud.com/user-587903571/the-matt-mcneil-show-june-16-2025

Die zunehmende #Gewaltbereitschaft in den #USA hat offenbar ein neues, tödliches Ausmaß erreicht – mit dem #Doppelmord an Melissa #Hortman und ihrem Ehemann sowie den Schüssen auf Senator John #Hoffman und seine Frau beginnt die demokratiezersetzende Schreckensherrschaft eines orangenen Autokraten und seiner Gefolgschaft…

https://www.tagesschau.de/ausland/amerika/minnesota-angriff-demokratin-100.html

#RightwingExtremism #Terrorism #Minnesota
https://www.theguardian.com/us-news/2025/jun/14/democratic-lawmakers-minnesota-shot?CMP=share_btn_url

#Hortman #Hoffman

Reid #Hoffman, #CEO of #LinkedIn said #AI is a "Cognitive Revolution", that the "Error Rate will one day be less than humans". He says a "bunch of customer service people will be [fired], how do we retrain them?" implying AI will lead that charge.

Brother, news flash, you won't have to retrain them, those CS people will be the CEOs. In YOUR future, they just need a good idea & work along the AI actively helping their success. The "CEO" of old will be the past. YOUR job is under threat my guy.

Hoffman Talks Music, Amiga & the Demoscene in Exclusive Amigatronics Interview
#Hoffman #SampleMind #Amigatronics #Demoscene #Amiga #Chiptune #RetroMusic #CommodoreAmiga #DigitalMusic #RetroGaming
https://theoasisbbs.com/hoffman-talks-music-amiga-the-demoscene-in-exclusive-amigatronics-interview/?feed_id=2375&_unique_id=67dd6daf6b5ac

Hoffman Talks Music, Amiga & the Demoscene in Exclusive Amigatronics Interview
#Hoffman #SampleMind #Amigatronics #Demoscene #Amiga #Chiptune #RetroMusic #CommodoreAmiga #DigitalMusic #RetroGaming
https://theoasisbbs.com/hoffman-talks-music-amiga-the-demoscene-in-exclusive-amigatronics-interview/?feed_id=2375&_unique_id=67dd6daf6b5ac

SampleMind Interviews Hoffman

At Amigatronics, we continue to bring you closer to the key figures in the world of Commodore Amiga and the Demoscene. This time, we are pleased to share an exclusive interview with Hoffman, a legend in the scene for both his incredible musical talent and his programming contributions.

Conducted by SampleMind, this interview offers an in-depth look at Hoffman‘s career, his approach to chiptune composition, the impact of the Amiga on his journey, and his latest projects. From his early days to the creation of advanced tools for music production on Amiga, his story is an inspiration to the retro community.

If you are passionate about the Demoscene, digital music, and the legacy of Amiga, you can’t miss this interview.

https://www.youtube.com/watch?v=gYav5Tzx3KA

#amiga #chiptune #CommodoreAmiga #compositions #demoscene #digitalMusic #hoffman #interview #musicProduction #musicTools #programming #RetroGaming #retroScene #SimpleMind #youtube

Most Americans have no idea that the United States is quite literally the onlycountry in the developed world that doesn’t define healthcare as an absolute right for all of its citizens.
That’s it.
We’re the only one left.

The United States spends more on “healthcare” than any other country in the world:
about 17% of GDP. 

Switzerland, Germany, France, Sweden and Japan all average around 11%,
and Canada, Denmark, Belgium, Austria, Norway, Netherlands, United Kingdom, New Zealand and Australia all come in between 9.3% and 10.5%.

Health insurance premiums right now make up about 22% of all taxable payroll,
whereas Medicare For All would run an estimated 10%.

We are literally the only developed country in the world with an entire multi-billion-dollar for-profit industry devoted to parasitically extracting money from us -- to then turn over to healthcare providers on our behalf.

The for-profit health insurance industry has attached itself to us like a giant, bloodsucking tick.

And it’s not like we haven’t tried.

Presidents Theodore Roosevelt, Franklin Roosevelt, Harry Truman, Jack Kennedy and Lyndon Johnson all proposed and made an effort to bring a national healthcare system to the United States.

They all failed, and when I did a deep dive into the topic two years ago for my book
"The Hidden History of American Healthcare" I found two major barriers to our removing that tick from our backs.

The early opposition, more than 100 years ago, to a national healthcare system came from southern white congressmen
(they were all men)
and senators who didn’t want even the possibility that Black people could benefit, health-wise, from white people’s tax dollars.

(This thinking apparently still motivates many white Southern politicians.)

The leader of that healthcare-opposition movement in the late 19th and early 20th centuries was a German immigrant named #Frederick #Hoffman,
as I mentioned in a recent newsletter.

Hoffman was a senior executive for the Prudential Insurance Company,
and wrote several books about the racial inferiority of Black people,
a topic he traveled the country lecturing about.

His most well-known book was titled
"Race Traits and Tendencies of the American Negro".

It became a major best-seller across America when it was first published for the American Economic Association by the Macmillan Company in 1896,
the same year the Supreme Court’s Plessy v. Ferguson decision legally turned the entire US into an apartheid state.

https://hartmannreport.com/p/america-needs-a-national-healthcare?publication_id=302288&post_id=151470553&isFreemail=true&r=4j4g3m&triedRedirect=true

Most Americans have no idea that the United States is quite literally the onlycountry in the developed world that doesn’t define healthcare as an absolute right for all of its citizens.
That’s it.
We’re the only one left.

The United States spends more on “healthcare” than any other country in the world:
about 17% of GDP. 

Switzerland, Germany, France, Sweden and Japan all average around 11%,
and Canada, Denmark, Belgium, Austria, Norway, Netherlands, United Kingdom, New Zealand and Australia all come in between 9.3% and 10.5%.

Health insurance premiums right now make up about 22% of all taxable payroll,
whereas Medicare For All would run an estimated 10%.

We are literally the only developed country in the world with an entire multi-billion-dollar for-profit industry devoted to parasitically extracting money from us -- to then turn over to healthcare providers on our behalf.

The for-profit health insurance industry has attached itself to us like a giant, bloodsucking tick.

And it’s not like we haven’t tried.

Presidents Theodore Roosevelt, Franklin Roosevelt, Harry Truman, Jack Kennedy and Lyndon Johnson all proposed and made an effort to bring a national healthcare system to the United States.

They all failed, and when I did a deep dive into the topic two years ago for my book
"The Hidden History of American Healthcare" I found two major barriers to our removing that tick from our backs.

The early opposition, more than 100 years ago, to a national healthcare system came from southern white congressmen
(they were all men)
and senators who didn’t want even the possibility that Black people could benefit, health-wise, from white people’s tax dollars.

(This thinking apparently still motivates many white Southern politicians.)

The leader of that healthcare-opposition movement in the late 19th and early 20th centuries was a German immigrant named #Frederick #Hoffman,
as I mentioned in a recent newsletter.

Hoffman was a senior executive for the Prudential Insurance Company,
and wrote several books about the racial inferiority of Black people,
a topic he traveled the country lecturing about.

His most well-known book was titled
"Race Traits and Tendencies of the American Negro".

It became a major best-seller across America when it was first published for the American Economic Association by the Macmillan Company in 1896,
the same year the Supreme Court’s Plessy v. Ferguson decision legally turned the entire US into an apartheid state.

https://hartmannreport.com/p/america-needs-a-national-healthcare?publication_id=302288&post_id=151470553&isFreemail=true&r=4j4g3m&triedRedirect=true

Book Review: The Rules of Magic by Alice Hoffman
#ReaderCommunity #ReadingCommunity #BookCommunity #Reading #Books #BookReview #Review #PracticalMagic #Magic #Hoffman #Fantasy #Romance

http://georgelthomas.com/2024/11/01/book-review-the-rules-of-magic-by-alice-hoffman/

Right now, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

Right now, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

In 20 minutes, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

In 20 minutes, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

Today, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

Today, #Jia #Hoffman #Mo #Gao #Xie and #Liang sound in #Beijing https://buff.ly/3N7rGRC #wch

"Woodward, Bernsteinn...you're both on the story...Now don't fuck it up..."

Best line from the movie...

#Redford #Hoffman #Warden #Movies

Many technology companies would be more benign if they were owned and governed by their users.

Users have the most to lose from tech-driven addiction and automation,
and their data generate most of the companies’ value.

⭐️User-owners would share in this value and have an incentive to keep companies from causing harm.

❓How might users come together to start and run more technology companies?

Bringing together a disparate and dispersed group of people is difficult;
-- economists call this the #collective #action #problem.

👍Influential nonprofits such as the
🔸Center for Humane Technology and
🔸Project Liberty can play an organizing role,
incubating a new generation of user-owned social media businesses.

While it’s a competitive field with entrenched players,
social media technology is not complex,
and there is a real hunger for more benign versions.

Existing firms can also be redesigned.

✅Instead of raising capital from profit-seeking corporations,
OpenAI could seek funding from users and give them representation on its board.

✅And with users on the board, the company might take more care to launch products safely
and dedicate resources to maintaining employment.

🔥Most important, more of the financial gains of the AI revolution would flow to the people creating the value.

If #Keith #Gill,
also known as #Roaring #Kitty,
could organize retail investors to drive up the market value of #GameStop by $10 billion,
could a similar approach have been employed to acquire Twitter for users in 2022?

Given the millions of defections from the platform since Musk purchased it,
it may not be too late.

The government can also help if it’s not headed off by Big Tech political contributions.

The 🔸Small Business Administration,
the Department of Energy and
the 🔸National Science Foundation
should ✅ encourage user ownership of the companies they fund.

The venture capitalists of Sand Hill Road will of course scream that this is #socialism,
but they will be wrong.

It’s just business.

#MOIC #Elon #Musk #Peter #Thiel #Marc #Andreessen #Ben #Horowitz #Trump #Reid #Hoffman #Harris #cryptocurrency #artificial #intelligence #Lina #Khan #addiction #eliminating #humans #Daron #Acemoglu

Many technology companies would be more benign if they were owned and governed by their users.

Users have the most to lose from tech-driven addiction and automation,
and their data generate most of the companies’ value.

⭐️User-owners would share in this value and have an incentive to keep companies from causing harm.

❓How might users come together to start and run more technology companies?

Bringing together a disparate and dispersed group of people is difficult;
-- economists call this the #collective #action #problem.

👍Influential nonprofits such as the
🔸Center for Humane Technology and
🔸Project Liberty can play an organizing role,
incubating a new generation of user-owned social media businesses.

While it’s a competitive field with entrenched players,
social media technology is not complex,
and there is a real hunger for more benign versions.

Existing firms can also be redesigned.

✅Instead of raising capital from profit-seeking corporations,
OpenAI could seek funding from users and give them representation on its board.

✅And with users on the board, the company might take more care to launch products safely
and dedicate resources to maintaining employment.

🔥Most important, more of the financial gains of the AI revolution would flow to the people creating the value.

If #Keith #Gill,
also known as #Roaring #Kitty,
could organize retail investors to drive up the market value of #GameStop by $10 billion,
could a similar approach have been employed to acquire Twitter for users in 2022?

Given the millions of defections from the platform since Musk purchased it,
it may not be too late.

The government can also help if it’s not headed off by Big Tech political contributions.

The 🔸Small Business Administration,
the Department of Energy and
the 🔸National Science Foundation
should ✅ encourage user ownership of the companies they fund.

The venture capitalists of Sand Hill Road will of course scream that this is #socialism,
but they will be wrong.

It’s just business.

#MOIC #Elon #Musk #Peter #Thiel #Marc #Andreessen #Ben #Horowitz #Trump #Reid #Hoffman #Harris #cryptocurrency #artificial #intelligence #Lina #Khan #addiction #eliminating #humans #Daron #Acemoglu

The root of the problem is that the United States and Silicon Valley in particular are dominated by what we call an
🆘 “investor monoculture.”

Modern corporations are designed to serve investors and no one else.

About 80% of public company stock in the United States is owned by institutional investors,
most of which have one objective:
to maximize profits,
largely in the short term and without regard to the costs for society.

In 1980, their share of stocks was just 29%.

Venture capital firms,
the biggest funders of Silicon Valley startups,
have grown from under $400 billion in assets in 2010
to nearly $4 trillion today.

Their performance is measured by
“multiples on invested capital,” or “#MOIC,” as insiders call it.

Suicide rates among young people are up more than 60% since 2007,
and U.S. democracy is in danger.
-- But these are not investors’ concerns.

Regulation and advocacy can certainly make a difference.

But Big Tech is cash-rich, lawyered up and capable of running circles around regulators.

It’s time for a different approach.

When businesses are owned and governed by employees, customers, suppliers or communities, they become less predatory
and more benign.

⭐️And as it turns out, corporations have been designed in such ways across time and cultures.

Capitalism comes in many forms.

❇️Farmers, employees or customers own and govern some of the world’s most respected companies,
including
Ocean Spray,
Publix Super Markets,
Organic Valley,
New York Life Insurance Co. and
Vanguard.

❇️Corporations such as Patagonia,
Rolex,
Novo Nordisk and
Ikea
are owned or controlled by nonprofits, trusts or foundations,
which have no investors
and thus face less pressure to boost profits.

Silicon Valley has examples too.

❇️Mozilla, which operates the web browser Firefox,
is owned by a nonprofit.

It has no incentive to maximize profits,
which explains why it does not sell user data to advertisers.

❇️Wikipedia, among the world’s most visited websites, is also run by a nonprofit,
which shows that scale and impact don’t always depend on investor capital.

❇️A nonprofit owns a majority of ChatGPT maker OpenAI,
a design it chose to “ensure that artificial intelligence benefits all of humanity.”

But its minority investors, such as Microsoft, are profit-driven,
which has led to concerns that it’s releasing products at an irresponsible pace.

#Elon #Musk #Peter #Thiel #Marc #Andreessen #Ben #Horowitz #Trump #Reid #Hoffman #Harris #cryptocurrency #artificial #intelligence #Lina #Khan #addiction #eliminating #humans #Daron #Acemoglu

Silicon Valley is maximizing profit at everyone’s expense.

It doesn’t have to be this way

A public battle has broken out among the titans of Silicon Valley.

🔸One side, led by #Elon #Musk, PayPal co-founder #Peter #Thiel and venture capitalists #Marc #Andreessen and #Ben #Horowitz,
is backing Donald #Trump for president.

🔸The other, led by LinkedIn co-founder #Reid #Hoffman, is behind Kamala #Harris.

⚠️We should not make the mistake of thinking this is a battle over ideology or policy.

It’s a battle to ♦️maximize Silicon Valley’s profits regardless of the consequences for society.♦️

On this objective, both sides agree.

Andreessen Horowitz is one of the largest investors in #cryptocurrency and #artificial #intelligence,
and Trump has signaled that he would keep the government out of its business.

Meanwhile, soon after donating $7 million to a Harris super PAC,
Hoffman called for her to oust Federal Trade Commission Chairwoman #Lina #Khan,
who has brought antitrust cases against Big Tech and introduced rules to protect workers.

Silicon Valley, a longtime engine of human achievement,
has become a significant source of human harm.

Aware of the gathering backlash, its leaders have dived into the political fray 💥to protect their wealth.💥

Two Silicon Valley obsessions threaten the most damage:
creating human #addiction to increase profits
and #eliminating #humans altogether to decrease costs.

Social media platforms,
which started out by bringing old friends together and giving voice to the otherwise powerless,
have become “social slot machines”
compelling excessive use.

Gaming companies have a similar objective.

Teenagers today spend more than eight hours a day on screens,
fueling digital advertising revenues that reached $225 billion last year.

Meanwhile, the artificial intelligence revolution promises to cut labor costs.

A recent study by MIT economist #Daron #Acemoglu found that 50% to 70% of the growth in inequality between more and less educated workers can be attributed to automation.

Poverty rates in Silicon Valley’s home state are rising
even as AI makes Big Tech richer.

The broader prospects are equally concerning.

AI is enabling killer robots, autonomous weapons and massively destructive misinformation.

https://www.latimes.com/opinion/story/2024-08-30/silicon-valley-big-tech-profit-ai-elon-musk-reid-hoffman-peter-thiel-andreessen-horowitz-kamala-harris-donald-trump-election-2024