What entrepreneurs in the US have made huge money from EdTech exits? I can’t think of any. So this critique doesn’t seem fair to me.

(India is another story. If you are referring to ByJu, which was absolutely a predatory enterprise, I agree with you)

Yes. Anacho-tyranny sounds very conspiratorial, but if you think from the police perspective, it is 1000X times easier to enforce fines and codes on the middle class and shopkeepers then it is to arrest criminals. Having an effective police force means cracking that motivation problem, and it's a sign of a well-aligned and well-functioning society. We aren't one.

This is indeed a problem. My mom had excellent cardiovascular health (she walked hours a day, ate a mostly vegetarian diet, etc). She got Alzheimers at 65 and is now 82. She's been completely gone as a person for the last decade, but her body hasn't died yet. It's tragic.

The backlash on these is entirely about the fact that they are unfashionable looking. The previous RayBan Metas were very popular and no one had a problem with them. Then Zuck wanted to put in an LCD display so he made them chunkier and they don't look as cool. So people are retroactively coming up with objections to the technology. Nobody cared when the glasses looked good!

I did not like the original RayBan ones for the same creepy reason of recording people without consent. I am at least one person, I'm sure there were others.

No, it’s not that. It’s that people know you are wearing the pervert glasses.

> very popular and no one had a problem with them

People certainly did have a problem with them.

Absolutely wrong

Using a manual espresso machine is one of the hardest culinary preparations. It takes much more skill than one would assume!

These aren't stolen credit cards. This hack works by maxing out subscription limits of the Anthropic/OpenAI plans, so you never pay additional API fees. It's fraud but not theft.

The article mentions that stolen credit cards are being used to buy some of the tokens. Also credit card chargebacks (pay for tokens with CC, resell tokens, then do a chargeback.)

It’s pretty clearly theft of services as generally defined in most places. It’s a hack in the same sense that rolling back your electric meter is a hack.

Violation of Terms of Service is civil, not criminal, matter.

If it amounts to fraud, then it's also criminal.

For example, if you take out a loan and you sign terms and conditions which say you agree to pay it back and then later your circumstances change and you can't pay, that's probably just a civil matter. But if, at the time you signed the agreement, you had planned to deliberately not pay it back, that's fraud and therefore criminal. The fraud is in the fact that you are making a false representation: you are saying you will pay it back, but you know that to be false. It's a very different thing from believing it to be true, but it then later turns out not to be true.

The same principle applies to LLM subscriptions (or any other contract).

Business books are 99% slop.

Self improvement books! All of them! "Make good habits, not bad habits because this is what Lincoln did..."

Even if (a big ‘if’) that’s true, how is stock being destroyed? Investment returns maybe, but not supply.

How will he do that?

> How will he do that?

Through the evil power of socialism!! (/s)

Just don't step-up cost basis at death and you solve the problem. Elon's fine, we can wait until he dies and his heirs sell their shares.

1. End step-up cost basis at death 2. Tax or end lending against portfolios

Seems like a solved problem to me.

100%. I don't understand how anyone defends the "death loophole" for capital gains. If you get rid of it you could actually get rid of estate taxes, which are a kludge to capture some of the capital gains that are given away by resetting the basis at death. It's a nutty system we have right now.